Mexico will receive a foreign direct investment (FDI) of 15 billion dollars (mdd) in the field of auto parts, as announced by Francisco González, president of the National Auto Parts Industry (INA). The arrival of between 50 and 100 companies in the sector is anticipated, indicating a notable recovery and momentum in the nearshoring process.

These data were shared during the XXIX Mexican Foreign Trade Congress, where González specified that some of these companies will be new to the market, coming mainly from trade partners such as the United States and China.

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The president of the INA highlighted historic growth, highlighting that of the total of 15 billion dollars expected in the next two years due to the relocation phenomenon, at least 40% will be allocated to the auto parts sector. This investment will be distributed mainly in the northern, central, Bajío and western regions of the country.

It is important to note that some of these new companies are expansion projects by companies already established in Mexico or those that have implemented new production lines.

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In relation to the issue of electromobility, González highlighted that this will position Mexico as one of the main countries in production and export in this area. Furthermore, he stressed that the success of nearshoring in the auto parts sector depends on three key elements: infrastructure, clean energy and human talent.

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Original note