Components (IAC), a leading global supplier of automotive components and
lightweight vehicle solutions, has inaugurated its new state-of-the-art plant
in Manesar. This milestone was marked by a ceremony held with the IAC
management, employees and key customers in attendance.
The new 5,574-square-meter
(60,000-square-foot) Manesar plant consolidates two older operations in near
proximity into one manufacturing location. The company invested more than $2.0
million (Rs 13.8 crore approx.) in the modernisation of the equipment and
facility, which will employ approximately 220 people. It will produce vehicle
headliners, center console systems, and instrument panel components and provide
expanded manufacturing and engineering support to domestic and global original
equipment manufacturer (OEM) customers in the New Delhi automotive region.
“IAC is committed to investing
in India and creating a meaningful presence near its major automotive centers,”
said Gajanan Gandhe, IAC Senior Vice President of Asia Operations. “Our new
facility in Manesar will help us better serve current customers’ needs and
offer regional advanced manufacturing and engineering capabilities for next-generation
vehicle interiors,” Gandhe stated.
This is the second location
opened by IAC in India in the past 13 months. In June 2017, a regional and
global engineering center was established in Pune to focus on application
development engineering to support the vehicle interior needs of domestic and
global OEM customer programs. With Manesar opening, IAC has five locations
throughout India and 18 design, technical, and commercial centers around the
Headquartered in Luxembourg,
International Automotive Components (IAC) Group is a leading global supplier of
automotive components and systems, including instrument panels, console
systems, door panels, headliners and overhead systems to automakers around the
world. The company’s 2017 sales were $4.4 billion.
Renon India, one of India’s leading energy storage companies, has launched its swappable smart batteries, Groot, for electric 2-wheelers. The Li-ion battery pack for low and medium speed EVs is built ...
MG Motor India introduced ‘MG Service on Wheels’ initiative to provide customers with car repair and maintenance services from the comfort of their homes. This service outreach programme reinforces th...
Apollo Tyres, introduced the Tramplr range of Enduro Off-road and Enduro Street tyres for Indian premium motorcycles market (150 – 500cc). Tramplr range will cater to various motorcycle segments like ...