Over the last two decades Mexico has consolidated its position as the leading automotive exporter in Latin America and a major player in the industry worldwide. Automobiles are the country’s biggest single export, with the auto industry contributing 4% to GDP in 2018 and representing 20% of total manufacturing output in the country, according to the National Institute of...
San Luis Potosí’s automotive manufacturing industry has had a notable impact on the economy, generating 8% of its GDP and dominating the state’s several sprawling industrial parks. The first automotive company entered the state in 1968 and in the years since, the number of such companies with operations in San Luis Potosí have increased rapidly. In 2006, 83 automotive...
With aviation export growth averaging 15% per year between 2008 and 2018, Mexico is steadily emerging as an important regional and international player in the aerospace industry. Demand for commercial aircraft is expected to double globally by 2035, according to research from aircraft giant Boeing, and the country is well situated to leverage its position to increase domestic...
Though its major motorway and railway infrastructure rivals any state in Mexico, Hidalgo is well aware further works are needed to fully make the most of its privileged geographical position. Improving the state’s infrastructure – in terms of roads, logistics and services – continues to be a priority, with the state now focused on creating the...
With its existing power plants and related infrastructure and scope for further development, energy has been named as one of four strategic sectors identified by the Secretariat of Economic Development (Secretaría de Desarrollo Económico, SEDECO) as a focus for the economic development of Hidalgo.
The potential of Hidalgo as an industrial hub is hardly a new discovery, stemming back to the 1950s when the manufacturing city of Fray Bernardino de Sahagún in the southern municipality of Tepeapulco was founded as part of a federal government initiative to house the Mexican automotive producer National Diesel, also known as DINA, and...
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