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Delegation of Indian automotive component manufacturers visits Israel

The high ranking delegation include representatives of Tata, Sundaram Fasteners, Sandhar Technologies, Rane Auto-Components
12.07.10 / 00:00
Delegation of Indian automotive component manufacturers visits Israel
12.07.10
Delegation of Indian automotive component manufacturers visits Israel

The high ranking delegation include representatives of Tata, Sundaram Fasteners, Sandhar Technologies, Rane Auto-Components
 
A delegation of the Automotive Component Manufacturers Association of India (ACMA) headed by ACMA's president Mr. Jayant Davar visits Israel this week.
 
The Automotive Component Manufacturers Association of India (ACMA), with a membership of over 600 companies, with an annual turnover of US$20 billion, has been the Indian auto component industry's spokesman for the last 38 years. ACMA has a membership of over 600 companies that contribute 90% of the total output in the organized sector. The high ranking delegation include representatives of Tata, Sundaram Fasteners, Sandhar Technologies, Rane Auto-Components.
 
Bilateral trade in 2009, excluding diamonds, was US$3 billion , a drop of 25% compared to 2008. total trade without diamonds was down 14% ( US$1.77 billion) Export  to India dropped by 10% to US$1.21 billion while import was down 26% to US$558 million.
 
During the first quarter of 2010 bilateral trade excluding diamonds was US$763 million. Israeli exports was US$605 million while import was US$158 million.
 

 

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