Big impact of Asian investment on San Luis Potosi’s automotive industry I 20 March 2024
March 20, 2024

In the current landscape of 2024, the Automotive Cluster of San Luis Potosi is actively engaged in strengthening its supply chain while striving to attract new companies to the state, especially those originating from the Asian continent. This strategic momentum stems from a significant increase in Asian capital investment observed in recent years, with a particular emphasis on currents from China. This inclination towards greater investment has led to a series of operational expansions and new production line installations by existing companies within the state’s borders. To effectively achieve the set goals, the cluster is coordinating a collaborative effort involving key stakeholders such as the Department of Economic Development, selected municipalities including Villa de Reyes, Matehuala, Soledad de Graciano Sanchez, and the capital of San Luis Potosi, along with various institutional entities and the extensive network of 108 companies comprising the cluster. The collective strategy entails the meticulous formulation and execution of comprehensive action plans in partnership with these municipalities, with a pronounced focus on the strategic importance of the automotive sector. The regular bimonthly meetings of the supplier development, academic, supply development, and human capital committees serve as forums for progress tracking, decision-making, and maintaining an update on sectoral trends and developments. 

Furthermore, in response to the growing sectoral demand and the expansion of industrial footprint within the territory of San Luis Potosi, the Automotive Cluster of San Luis Potosi has instituted a program for automotive supplier certification. This innovative initiative is specifically designed to facilitate the integration of medium and small-scale companies into the complex automotive supply chain ecosystem. Essentially, this certification framework serves as a distinctive readiness seal, confirming a company’s preparedness to seamlessly transition into the industry’s supply chain. The program includes a wide range of support services aimed at ensuring compliance with strict quality standards, necessary certifications, establishment of a robust legal framework, and meticulous adherence to tax obligations, among other key considerations. 


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