THACO INDUSTRIES GRADUALLY ESTABLISHES A REGIONAL AUTOMOTIVE COMPONENTS MANUFACTURING CENTER

In the context of globalization and international integration, the supporting industry plays an increasingly vital role in sustainable economic development. With a clear strategic vision, THACO INDUSTRIES is steadily establishing a regional center for automotive parts and components manufacturing, contributing to the enhancement of local value-added and reinforcing the Corporation’s position within the global value chain.

After 22 years of investment and development in the mechanical engineering and supporting industry, THACO INDUSTRIES has established a comprehensive and modern parts manufacturing ecosystem, comprising 12 plants equipped with advanced technology and a total investment of 550 million USD. By leveraging the capabilities of the Mechanical Center and the R&D Center, the Corporation manufactures and supplies a diverse range of high-quality components and spare parts that meet international standards, including body frame components, interior and exterior components, powertrain components, and components for electrical and cooling systems.

THACO INDUSTRIES is currently a partner of major automotive brands such as Kia, Mazda, BMW, Peugeot, Hyundai, Toyota, Isuzu, etc. Besides, it exports products to demanding markets including North America, Australia, South Korea, Japan, Poland, and ASEAN countries.

In addition, THACO INDUSTRIES is continuing to diversify its supply sources for materials, enhance product quality, and improve the effectiveness of applying tools such as ERP, MES, and SCADA in digitizing management and production operations. This strategy aligns with the requirements for ESG (Environmental, Social, and Governance).

With long-term strategies, THACO INDUSTRIES is steadily developing a regional automotive components manufacturing center that features modern technology, significant capacity, and a diverse range of products. This not only aids THACO INDUSTRIES in boosting its competitiveness and localization rate within the automotive industry but also creates export opportunities, reinforcing the Corporation’s pioneering role in Vietnam’s supporting industry.