Carlos Mortera, director for Latin America of the Association of Manufacturing Technology (ATM), sees in the acquisition of machinery one of the biggest challenges faced by Mexican entrepreneurs, since they often have to look for it in other countries. For Mortera, Mexico has abundant local talent in terms of technical knowledge, but to compete in the global market, the country needs a solid technology platform.
“We must move forward, compete with China, work with Europe and position ourselves in other markets. The important thing is to have that technological platform,” Mortera said.
Although European and US machinery integrates better with value chains in Mexico, especially in the automotive industry, prices tend to be high. In addition, Mortera believes that the difference in languages is another limitation for the importation of machinery.
Despite the challenges that can arise when importing machinery from China, such as language or taxes, Casaez has found profitable opportunities in the Mexican manufacturing market. The Mexican company registered a growth of 80% in 2022, a figure that for this year is expected to increase to 200% as a consequence of better behavior In the business.