Meritor has announced the opening of a new $36.5-million axle assembly facility at Automotive Axles, its joint venture with Kalyani Group along with a state-of-the-art research and development centre in Mysore, India. The new assembly facility expands Meritor India’s production capacity by 25 percent, equipping it to better serve customers in the commercial vehicle, off-highway and defence sectors. The research and development centre will focus on end-to-end testing and validation of Meritor’s domestic and global product solutions.
“As our global business continues to grow, the new facilities in India will support Meritor’s M2022 strategic plan to protect and grow our market-leading positions with best-in-class products and services. They are strong assets that will position us for future growth in the region,” Jay Craig, CEO and President, Meritor, said.
Meritor India’s 18-month project to expand its capacity and capabilities supports the corporation’s M2022 plan by focusing on increasing revenue, enhancing profitability, maintaining manufacturing excellence and delivering customer satisfaction.
“This investment in our business and the expansion of our capabilities significantly enhance our ability to support customers as our markets continue to show growth in the long term,” Thimmaiah Napanda, Vice President and Managing Director, India and Australia for Meritor, said.
Baba Kalyani, Chairman of Automotive Axles and Chairman, Kalyani Group of companies, said, “Strong and continued customer focus, innovation in products and processes and determination to deliver the best to customers has always been key to our success. I am confident that this milestone project will enable us to continue on this successful path as we drive toward the future.”
Bu hikaye Auto Parts Asia dergisinin September - October 2019 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye Auto Parts Asia dergisinin September - October 2019 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
Continental Unfolds Systems, Products For New Mobility
Technology is fast evolving in every sphere of life, especially industry. The big challenge is where to stop and make it commercial, viable and profitable. In the automotive sector the manufacturers are more constrained as the factors of development are complex and triggered extrinsically by the regulators and consumers. They compel the principal automotive suppliers to run ahead and bring about relevant and acceptable technologies.
New Mobility Newer Challenges
The Paris Agreement is to limit global warming to less than two degree Celsius above the preindustrial levels.
New Technologies
To Redefine Future Of Mobility
Meritor India's New Axle Assembly Facility To Expand Product Portfolio
The new axle assembly facility along with a state-of-the-art research and development centre in Mysore at Automotive Axles, Meritor India’s JV with Kalyani Group, will also utilise its capacity and capability for its global requirements.
Airbus
Adept At Managing Complexities Of Extensive Outsourcing, Supply Chain
Hyundai Motor India Fine-Tunes For Production Ramp-Up
YK Koo, Managing Director and CEO, Hyundai Motor India Ltd (HMIL), has reasons to cheer as the company’s production capacity has been on the rise since he took over in November 2015.
Wheels India Engineers Solutions For OEMs
Chennai-headquartered Wheels India, part of the TVS Group, is planning to manufacture cabins for construction and mining equipment.
Omron Offers 3-i Concept For Smart Manufacturing
Omron, a global leader in advanced automation, sensing and control technology, with its 3-i concept provides comprehensive solution for smart manufacturing and enables companies to make world-class in India, meeting Industry 4.0 expectations.
Autoform To Set Up New Plant In Gujarat
RP Group is expecting to clock revenue of Rs250 crore in 2018-19.
Corteco Sees India As Big Market For Growth
Corteco India Private Limited, part of Corteco Global, the sales organisation of the Freudenberg Group specialising in parts for the independent automotive aftermarket, expects significant growth in India.