Automotive and agroindustrial sectors boost the Central-Bajío-Occidente region
Mexico Industry | August 04, 2021 |

In the Central-Bajío-Occidente region, the automotive and agro-industrial sectors represent 7.2% of the Gross Domestic Product in the region.

In the area there are nine assembly companies and more than 140 Tier 1, which generate a dynamic economy, which in turn, permeates local and regional production chains.

These conclusions and ideas were discussed at the meeting where the economic secretaries of Aguascalientes, Guanajuato, Querétaro, San Luis Potosí and Jalisco agreed.

These Bajío states concentrated 17% of the industrial real estate demand nationwide, during the month of July 2021, highlighting Querétaro with 65.9 thousand square meters and Guadalajara in Jalisco with 22.9 thousand square meters.

There they announced that the automotive and agribusiness sectors register 50 billion dollars in exports annually, and employ just over 600 thousand people in this region.

During 1Q 2021, more than 750 thousand vehicles were manufactured in the nine plants in the region, a figure that represents 50% of the vehicles generated in the country.

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Therefore, as a way to promote local supply from the Central-Bajío-Occidente region to the world, it launched a business meeting through the MAS Mexico platform, a technological system for doing business that integrates the productive offer national, links local companies with large buyers and promotes exports made in Mexico.

They analyzed that if the growth of GDP per capita for the next 25 years is properly exploited, exponential growth could be envisioned that is more similar to the development of the United States and Canada.

Among the strategies to be followed is the productive articulation through clusters, business meetings, substitution of imports for local production, greater regional content in the supply chains of large industry, new business opportunities, professionalization of medium and small companies. companies and strengthen the financial and legal system of public-private or private-private joint ventures.

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An opportunity for productive linkage is the high technology industry, which has evolved from manufacturing electric motors to semiconductor design and the development of specialized laboratories, various components for advanced motors.

More than 30 thousand registered engineers are studying in this Central-Bajío-Occidente region to join these productive chains, therefore, the supply is strengthened from the human capital available in the field of electronics and advanced manufacturing.

In turn, there are initiatives such as the success story of Querétaro where the state's public policies are aligned with the academy and research centers so that they are adapted to the real needs of the industry.

In Solili you can check the Industrial Market Report as of July 2021

Original note

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