Ander Arnesa Alvarez

The consolidation is happening already in Europe. The customers are looking for solutions to assure their supply and they are coming to us.

We are moving and we are planning to move certain capacity from our European sites to India. We are executing this plan.

Probably is the best time and I think that everybody knows that the automotive industry in India now is having a boom.

We are very optimistic on the evolution of the company in the near future. We all know that the automotive sector in India is now in a very good shape.