got to love the cheap labor…
BMW to source components from India for global ops
PTI[ TUESDAY, MAY 29, 2007 05:10:14 PM]
NEW DELHI: Joining the clutch of global auto majors who source components from India, German luxury car maker BMW on Tuesday said it will open its international purchasing office here to cater to its worldwide ancillaries requirement.
“We will be setting up an international purchasing office (IPO) which will be headed by an expat to take care of sourcing components for BMW’s global operations,” BMW India President Peter Kronschnabl told reporters here.
He said the office is expected to be operational by August this year.
BMW currently has a purchase unit for its India operations at Chennai.
Kronschnabl said the new purchasing office would be independent of the India operations and would directly report to Munich headquarters.
He said currently BMW sources some IT components from India and with the setting up of the new international purchasing office, the company was looking to expand the basket of products sourced from India.
BMW India’s purchase office and the international purchasing office could work in tandem, he said, adding that the two may individually approach vendors or together depending on products.
Asked about the quantum of components that BMW was looking to source from India, Kronschnabl said it was early to comment.
“Once the sourcing team comes to India, they will study what kind of components to be sourced from here,” he said.[](http://economictimes.indiatimes.com/maileditor/2083398.cms)
