Released on = September 11, 2006, 4:05 am

Press Release Author = Bharat Book Bureau

Industry = Automotive

Press Release Summary = Mumbai, India - Sept 11 - In the last couple of years, the
automotive industry has been witness to intense levels of strategic business
activities undertaken by players worldwide.

Press Release Body = A review of the top 20 OEM suppliers product development -
Management briefing

In the last couple of years, the automotive industry has been witness to intense
levels of strategic business activities undertaken by players worldwide.

In addition to shifting manufacturing bases to low-cost regions, original equipment
manufacturers ( OEMs ) have identified product innovation as a key long-term measure
to enhance their market shares.

Advanced technology and product development initiatives are becoming critical issues
on which all automakers are focusing. They have increased focus on research and
development ( R&D ) considerably, which has enabled them to develop cutting-edge
products and technologies that ultimately satisfy the needs of the end-user.

This briefing reviews the developments and trends in the automotive components
industry, and discusses new product initiatives undertaken by the top 20 component
manufacturers worldwide.

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