CSM Worldwide expands in Asian market, opens new office in India
June, 03rd 2008
CSM Worldwide has announced the opening of a new office in Gurgaon, India, a suburb of New Delhi. The office will provide expanded services to CSM clients with interests in India's emerging automotive industry.
"CSM's India office will provide our clients with expanded and more precise coverage of the rapidly growing India automotive market by providing in-depth analytical coverage, comprehensive automotive forecasts and strategic advisory services," said Craig Cather, president and CEO. "Building on the recent opening of our office in Bangkok, Thailand, along with our established offices in China and Japan, the addition of our India office provides clients with a deeper and more detailed understanding the very disparate and unique characteristics of each South Asia market."
Neeraj Bandhu, Director, India, will manage CSM's Gurgaon office. Bandhu has extensive experience in the automotive industry through positions held at AT Kearney and Maruti Udyog. He is the primary of contact for new and existing customers in the region and can be reached at +91 124 4501800.
CSM continues to dedicate substantial resources to the Asian region due to India's rising domestic vehicle demand, increasing disposable income available to its growing middle class, a well-developed supplier base and increasing emphasis on infrastructure upgrades. India's light vehicle production is expected to pass five million units by 2014, making India the fifth-largest global producer and third-largest in Asia.
"CSM Worldwide maintains its commitment to place staff and resources at locations around the world that are emerging and growing to better assist our clients in maximizing their growth opportunities in the global automotive marketplace," added Cather.
As part of its commitment to comprehensive coverage of all Asian markets, CSM is finalizing plans to open an office in Seoul, South Korea, later this quarter.
The India office is located at the Office no. 2, 1st Floor, Paras Downtown Center, Golf Course Road, Sector -53, Gurgaon 122 002, India.
CSM Worldwide ( www.csmauto.com ) provides trusted automotive market forecasting services and strategic advisory solutions to the world's top automotive manufacturers, suppliers and financial organizations. CSM Worldwide covers the global automotive environment from Detroit, Grand Rapids, Sao Paulo, London, Paris, Frankfurt, Budapest, New Delhi, Bangkok, Shanghai and Tokyo.