Mexico Is Not as Third World as You Might Think
stereotype is “The Lazy Mexican”, when in reality, Mexicans are the hardest
working people in the world, according to a study by the Organization for
Economic Co-operation and Development (OECD)!
In 2011, Mexico received almost 20 billion dollars of Foreign Direct
Investment (FDI), consolidating Mexico as one of the top recipients of FDI among
emerging economies in the world. To date, Mexico has registered an accumulated
amount of 273.4 billion dollars.
In contrast to the widening crisis in the euro zone, Mexico can point to 17
years of macroeconomic stability, low inflation, manageable debt, an open
economy, and increasing competitiveness.
The gross domestic product
expanded 3.9 percent in 2011, and there are forecasts suggesting that by 2050 it
could be larger than that of France. Mexican factories are exporting record
quantities of televisions, cars, computers, and appliances, replacing some
Chinese imports in the United States and fueling a modest expansion.
With regards to automation systems and devices, this ARC Advisory Group
market research study outlines that the DCS and SCADA sector accounts for more
than a third of the revenues, and PLCs, IPCs, and panels account for another
There is more to Mexico than archeological sites and sunny
Investors and automation
suppliers have been exhibiting a cautious optimism toward the manufacturing
industries in Mexico. The industrial sector covers 25.7 percent of the Mexican
economy, and it is fueled by oil & gas and automotive, among others.
• What are the important industries?
• What are the leading automation
• Will new distribution channels be required?
• How dangerous is
Mexico to industrial suppliers?
• Where are the growth industries and
• Who are the leading automation suppliers?