Maxion Wheels, the world’s
largest wheel manufacturer, held a ground breaking ceremony (Bhoomi Poojan) for constructing a 25,000
square meters plant in Khed City, Pune in the State of Maharashtra in western
India. The ceremony included a plaque
unveiling and traditional ground breaking ritual.
Once the project is complete,
Maxon Wheels will produce four million aluminium wheels annually. In this first
phase, an investment of more than $50 million USD will be spent on the land and
state-of-the-art plant and equipment for the manufacturing of two million
wheels annually. Start of production is expected in the third quarter of 2019
Maxion Wheels is a division of
Iochpe-Maxion S.A., a leading wheel manufacturer for passenger cars, light
trucks, buses, commercial trucks and trailers. The company also produces wheels
for agriculture and military vehicles, as well as other off-highway
applications. Maxion is the world's largest wheel manufacturer, producing 58
million wheels per year. The Company serves its global OEM customers from 28
locations in 15 countries on five continents, and has state-of-the-art
technical centers in the Americas, Europe and Asia.
Maxion Wheels Chief Executive
Officer, Pieter Klinkers remarked that the new Pune passenger car aluminum
wheel plant of Maxion Wheels will be the first global light vehicle aluminum
wheel producer in the Indian market.
The new wholly-owned
operation, expected to initially bring more than 1,000 new direct and indirect
jobs to the region, will produce low pressure die cast aluminum wheels with a
high-end wheel finish.
Maxion Wheels started its wheel production in
India in 1996 when it set up two steel wheel plants in Pune. One is a car wheel
plant producing 4 million wheels annually and the other is a truck wheel plant
producing 1.2 million annually. The new aluminium wheel plant and process
coming up in Pune will include premium Bright Machined wheels from the start, 32
low-pressure die casting machines, heat treatment, x-ray and 16 machining cells,
One paint shop with capacity for 2 million wheels, powder coat followed by wet
paint base coat and clear coat, among others. Sizes of wheels to be made at the
new Pune plant will be of size 14” to 22” in diameter and 4” to 9” in width.
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