Mexican companies are making strong progress in adopting digital technology to improve the efficiency and productivity of their operations, according to new research; however, industry figures have highlighted opportunities for greater advancements to be made in the field of innovation.
The authorities have long recognised the importance of research and innovation to the development of a strong and sustainable economy. To date, however, a number of structural challenges have somewhat limited innovation, and certain government research and development (R&D) spending goals remain unmet.
What makes Mexico a popular investment destination for the global automotive industry, and how can this position be consolidated?
Nuevo León’s success in metal manufacturing began in the 19th century. Compañía Fundidora de Fierro y Acero built Latin America’s first foundry in Monterrey in 1903. After World War II the manufacturing sector, spearheaded by local metal producers such as Frisa and Deacero, as well as auto parts suppliers like Grupo Alfa, began laying a robust...
With exports averaging a 15% annual growth rate over the past decade, Mexico is positioning itself as a global leader in the aerospace industry. According to US aircraft manufacturers Boeing, the number of commercial aircraft around the world is expected to double by 2035, translating into strong demand for manufacturing. This, in addition to...
With the aerocluster model being replicated in other regions such as Baja California, how is collaboration among institutions being encouraged?
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