San Luis Potosí leads industrial growth Mexico City

By Sara Rodríguez

San Luis Potosi

February 19, 2024

In 2022, the value of production in Mexico's manufacturing industries surged to 11 trillion pesos, marking a robust 14.8% increase from the previous year, as per the latest data released by the National Institute of Statistics and Geography (INEGI).

The Annual Survey of Manufacturing Industries (ASMI) by INEGI reveals that San Luis Potosí has clinched the top spot nationally for the second consecutive month in terms of manufacturing industry growth.

Mayra Edith Velázquez Loera, Head of the State Population Council (COESPO), unveiled that the state recorded an impressive 25.3% annual percentage variation in October 2023 compared to the same month in 2022, positioning it as a national benchmark.

Automotive Sector Thriving in SLP

Following the release of the Monthly Industrial Activity Indicator by State (MIAIS), which ranked San Luis Potosí third nationally in October 2023 with a real variation of 17.6% compared to October 2022, the state surged to the top spot in the Central-Bajío-Western Region. It contributed significantly to the total real variation of MIAIS, accounting for 0.55% during the reference period.

In an exclusive interview with Mexico Industry, Luis Alberto González Olvera, Director of the Automotive Cluster of San Luis Potosí, remarked, "This success underscores the commitment and progressive vision within the region. San Luis Potosí reflects the burgeoning potential and community capacity to drive sustainable development."

González emphasized that this achievement not only benefits the local economy but also creates avenues for professional and personal growth for residents across the Central-Bajío-Western Region.

"The entire area is deeply interconnected. Companies establishing themselves in San Luis Potosí not only serve the local market but also cater to enterprises in Guanajuato, Jalisco, and Aguascalientes," clarified González.

Regarding the National Automotive Cluster Network (REDCAM), of which San Luis Potosí is a part of the board, the cluster director explained their close collaboration with the states and ongoing communication with all executives.

"We will have some focused initiatives related to the issue of supplier development that we will be presenting this year to participate in events in Guanajuato and Querétaro. This will provide a greater number of options for companies seeking to replace some components currently sourced from Asian companies," González informed.

The remarkable growth trajectory of San Luis Potosí's industrial landscape underscores the region's pivotal role in Mexico's manufacturing sector and its broader economic prosperity.

For media inquiries, please contact:

Luis Alberto González Olvera

Director, Automotive Cluster of San Luis Potosí


Phone: +52 123 456 7890

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