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On August 29, Kaluga Region welcomed participants of the MAA-2014 business program. The delegation of automotive component manufacturers from Taiwan met with representatives of regional companies and visited several production facilities. The program also included a business meeting with representatives of regional automotive clusters. Members of the National Association of Automotive Component Manufacturers (NAPAK), representatives of automotive assembly plants and the regional administration discussed the potential for development of the Russian automotive market.

In the first half of the day, the delegation of automotive component manufacturers from Taiwan had a business to business meeting with representatives of Kaluga’s traditional plants - the Kaluga Automotive Electrical Equipment Plant, Kalugapripor, the Kaluga Telegraph Equipment Plant, and Elikor Group. The goal of the meeting was to exchange experiences and establish new business contacts. Afterwards, the Taiwan delegation and other business program participants visited Volkswagen and Avtoelektronika plants.

In the second half of the day, the delegation had a business meeting with representatives of regional automotive clusters. Mikhail Blokhin, the General Director of the National Association of Automotive Component Manufacturers, said that MAA-2014 business program participants discussed the issues facing automotive component manufacturers and developed recommendations for the federal ministry of industry and trade.

In his address, the head of the Department of Industry and Transport of Kaluga Region Igor Timoshin said that there were already 30 automotive cluster enterprises active in the region. The value of products shipped by them in the previous year exceeded RUR 196 billion. Volkswagen plans to invest another $1.62 billion in Russia in addition to the $1.75 billion spent on the creation and development of its local production facilities. Increasing localization is the main trend in the development of Kaluga’s automotive cluster.