Mexico. The executive president of the National Auto Parts Industry (INA), Francisco N. González Díaz, predicted the production of auto parts in Mexico at the end of 2023 will have a value close to 116,000 million dollars, which will be a historical maximum that consolidates the country as a world leader.
The announcement was made during the twenty-first edition of the International Congress of the Automotive Industry of Mexico (CIIAM), organized by the INA, which takes place between July 10 and 11 at the Hacienda de Los Morales, Mexico City.
The event brings together 250 business leaders, academics and government authorities from Mexico and abroad, in a program of conferences and networking in which around 30 expert speakers participate with presentations focused on three thematic axes: electromobility, human talent and nearshoring.
The objective is to discuss the most relevant issues today for the development of the national auto parts and automotive industry.
During the opening ceremony, the executive president of the association also highlighted the importance of human capital in the transition to electromobility for Mexico's automotive industry following recent investment announcements attracted by nearshoring.
Also, during the inauguration, Margarita Alcántara, general director of Global Economic Impulse of the Ministry of Foreign Affairs, announced virtually that "INA is a strategic and fundamental ally to continue the work of economic promotion and continue attracting investment projects in Mexico in the auto parts sector."
Likewise, Alcántara reported that "21% of the added value of electric vehicles in North America come from Mexico."
Other relevant topics that will be addressed are the electrification strategy for the supply chain, the role of women's leadership in the energy transition of transport, air electromobility, the motorcycle industry in Mexico, attraction of foreign investment and suppliers, as well as technical-higher training in electric mobility, among others.
