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A recent joint study by the Confederation of
Indian Industry and McKinsey contends that India is all set to capitalise
on a historical opportunity that skill-intensive industries, such
as auto components and pharmaceuticals in particular, provide. The
report makes it clear that India's competitive advantage in varied
sectors goes way beyond a low wage structure.
TACO is part of the Tata Group — India's
best-known industrial group with an estimated turnover of around
US$ 21.9 billion (equivalent to 2.8 per cent of India's GDP). The
Tata brand is recognised in India as the largest home grown brand
and the most respected brand.
TACO serves every OEM in India, provides complete
programme management capabilities and is focused on building exports
and being a system supplier. TACO's 24 manufacturing plants and
5 engineering centres garner technology from the US, Europe, Japan,
Korea and Asia-Pacific, thus bring the latest technology to its
customers.
The company has built strong manufacturing
facilities in partnership with global and Indian companies to supply
auto components to the Indian and global automotive industry. It
also offers automotive companies in India and abroad capabilities
in processes and systems to ensure world-class design skills at
competitive costs besides providing supply chain management capabilities.
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