| INGRESS
Corp Bhd, which is involved in automotive component
manufacturing, expects its business in Thailand
to contribute some 50% to the group's revenue by
the end of 2006.
Executive director Ab Rahim Husain
told StarBiz that currently, the group's operations
ill' Thailand contributed about 30%to the group's
revenue ,while the remainder came from its business
in Malaysia.
"The demand for automotive
components in Thailand is expected to grow much
more rapidly than in Malaysia. This is why our revenue
from Thailand is expected to grow correspondingly,"
he said.
Rahim said exports of automotive
in Thailand were expected to double in 2007 from
about 180,000 units last year.
"About 70% of these exported
components are mouldings, door sash, bellows and
engine gas return pipes manufactured by our plant
in Pattaya," he said.
He said the group had also received
orders for its products from car assemblers in Thailand
for models to be introduced in 2006.
Rahim said the group was now sole
supplier of automotive components, to Perusahaan
Otomobil Kedua Bhd's Kancil cars.
"We will start supplying door-
in-white to Kelisa next year;" he said, adding
that it was now supplying aprons for Kenari.
Rahim said the group had the capacity
to provide design-inservices which reduced designing
time.
"Design-in means getting involved
with the car manufacturer from the initial research
and development stage till the completion of the
product.
"Previously, the manufacturer
would just hand over a, hard copy of the design
for the component maker to develop (the parts),"he
said.
Rahim said more car manufacturers
were now demanding "design-in" services.
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