Industrial Production will Contribute to Sustained GDP Growth
Industrial Production will Contribute to Sustained GDP Growth According to the Confederation of Industrial Chambers of Mexico (Concamin), the first three months of 2021 should be key to industrial production’s progress towards sustained GDP growth from April. José Luis de la Cruz, President of the Economic Studies Commission of the Confederation of Industrial Chambers of […]
Mexico’s economic recovery expected to be gradual and prolonged
Mexico’s economic recovery expected to be gradual and prolonged The Board of Governors of Banco de México (Banxico) indicates that the economic recovery will be moderate, as gradual growth rates are expected for the coming years. Following the devastation caused by the COVID-19 pandemic, Banxico believes that although there is an economic recovery, activity is […]
Mexico ranks ninth place in the installation of industrial robots
Mexico ranks ninth place in the installation of industrial robots Currently, industrial robots in Mexico provide an assembly value in the USMCA zone of 2.2 billion dollars, of which 62% of Mexico’s equipment is used in the automotive industry, making it the second region to adopt them, after China. Industrial robots are able to adapt […]
Keys to the manufacturing industry: planning and digitalization
Keys to the manufacturing industry: planning and digitalization The challenges posed by the global situation drive an effective move towards a more technological, competitive and productive manufacturing industry through planning and digitalization. In recent years, the Mexican market has analyzed the concepts, needs and benefits that Industry 4.0 can bring to the domestic economy. However, […]
Nearshoring Positions Mexico as a Strategic Ally of the United States
Following statements by Foreign Minister Juan Ramón de la Fuente and Secretary of the Economy Marcelo Ebrard during the presentation of the Special Committee for Investment and Business Relocation of the Business Coordinating Council (CCE), Mexico strengthens its role as a strategic partner for the United States by promoting nearshoring due to its logistical advantages, […]
How the USMCA is Transforming the Manufacturing Industry in Mexico
Since its implementation in 2020, the United States-Mexico-Canada Agreement (USMCA) has brought about a profound transformation in the trade and production dynamics of North America. One of the sectors most impacted by this positive change is undoubtedly the manufacturing industry, which has become a key element in regional economic growth and a strategic opportunity for […]