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Monday, 11/03/2008 10:30:43 AM

Monday, November 03, 2008 10:30:43 AM

Post# of 2594
Detroit International Auto Salon Will Make Room for India's Emerging Automotive Suppliers
Monday November 3, 8:00 am ET

ALLEN PARK, MI--(MARKET WIRE)--Nov 3, 2008 -- DIAS Holding, Inc. (OTC BB:DSHL.OB - News)

The Detroit International Auto Salon (DIAS) released information today announcing intentions by one of India's leading automotive supplier regions to showcase their products at DIAS' Wayne County facility.

"DIAS President Michael Wesney and I had a series of meetings with the leading Pune auto cluster suppliers to exhibit their products during our recent trip to India. As a result, they are planning to send a delegation here soon," commented Eric Huang, Chairman and CEO of DIAS Holding, Inc., the parent company of DIAS.

Pune is fast becoming a major industrial hub in India, and a center of automobile manufacturing, hosting plants owned by Tata Motors, Bajaj Automotive, and Daimler. Large metal parts manufacturers, like Bharat Forging Limited, the world's second largest forging company, are there. Located 160 kilometers east of the Mumbai metropolitan area, Cummins, Thyssen-Krupp, IBM, Siemens, and EDS all have major presence in Pune.

Local newspaper, Daily News & Analysis, covered the DIAS delegation visit to solicit Pune industry to showcase their products in Allen Park, home to DIAS' 300,000+ square-foot facility. Managing director, Shailendra Goswami, of Pushkaraj Engineering Enterprises PLC, stated, "So far, we have received an overwhelming response from Pune industry... to setting up a wholly dedicated Pune pavilion for component manufacturers." In the Pune region, there exists over 2,200 companies in the automotive and parts, electronics, IT, biotech, environmental and chemical technologies.

"It is good for Pune small-medium enterprises (SMEs) and we will surely work towards having a better participation from Pune to DIAS as it will give companies an international exposure," stated Director-General Anant Sardeshmukh of the Mahratta Chamber of Commerce, Industries and Agriculture (MCCIA), in the same article.

http://biz.yahoo.com/iw/081103/0448357.html

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