On December 17th, India once again stated that it will promote the export of auto parts to the Chinese auto market in order to attract China to invest in India's rapidly developing auto industry and reverse the trade deficit.
It is reported that the Indian side will form a 23-member delegation representing the Association of Indian Auto Parts Manufacturers (ACMA) to carry out its technology exhibition to showcase the quality and quality of its industry-leading companies, major products and services to the Chinese market.
ACMA stressed that the trade deficit generated by India in the Chinese auto industry last year increased significantly to 2.8 billion US dollars (about 174 billion yuan). India’s exports are limited to hundreds of millions of dollars.
Indian ambassador to China Ashok K Kantha also told the India-China Auto Parts Seminar that the total trade deficit between India and China reached US$66.44 billion and called for more Chinese auto industry to invest in the Indian market. However, he pointed out that such a deficit will not continue, and China has decided to establish two industrial parks in India and invest 20 billion US dollars (about 124.252 billion yuan).
While calling for more opportunities to export to the Chinese market, many former and current ACMA officials are concerned that China's cheap products will flood the Indian retail market. To this end, ACMA launched a seminar on consumer purchase behavior, market characteristics, etc. at the Indian Embassy to analyze the competition in China's auto parts market.
Road Roller is an important engineering vehicle that is considered necessary for the roads and highway constructions and is used for the compaction of dirt, gravel, concrete, and asphalt. In landfill compaction too, road roller has great utility. The size vary according to the usage. Its size vary from simple drum with a handle, to a size of many tonnes.
Hydraulic Road Roller,Mini Hydraulic Road Roller,Static Three Wheel Roller,Double Drum Road Roller
Shandong Shantui Construction Machinery Import & Export Co.,Ltd. , http://www.bulldozers.pl