Register to Subscribe



Home arrow News arrow Auto component arrow Emcon Technologies inaugurates new plant in Chennai for emission solutions
Emcon Technologies inaugurates new plant in Chennai for emission solutions Print E-mail
Written by Vijay   
Friday, 11 April 2008
Emcon Technologies India Ltd inaugurates a new automotive components plant in Chennai to manufacture world-class emission solutions for the auto industry  
 
Chennai- Emcon Technologies India, a 74:26 joint venture between Emcon Technologies, USA and Anand Automotive Systems inaugurated its new state-of-the-art manufacturing plant at Chennai on April 07, 2008. Emcon Technologies USA, one of the world’s leading emission solutions provider and Anand Automotive Systems, India’s leading manufacturer of automotive components and systems, as partners have invested US$ 4 million in this project already since inception, a further investment of US$ 10 million in future is envisaged.

Emcon Technologies inaugurates new plant in Chennai for emission solutionsThis plant of Emcon Technologies India, spread over 4 acres, has state-of-the-art production equipment imported from UK to produce Exhaust Systems including catalytic converters, side impact beams, reinforcement panel assembly for the automotive industry. The new facility at Chennai employs 60 people. The Company is considering the possibility of setting up an additional facility in Western India. With this new plant and an upcoming green field project at Singur, the Company expects to achieve a turnover of US$ 50 million by 2011.

Visiting India on this occasion, Lee Gardner, CEO, Emcon Technologies, USA said, “Emcon Technologies India is the only emission solution provider having a design facility in India, our vision is to make it the leader in the Indian market. Emcon Technologies India is making key contribution to achieving the global strategic goal, which is to generate 5 per cent of the company sales from Asia.”

Mr CS Patel, CEO, Anand Automotive Systems added, “We design, manufacture and deliver locally, yet guarantee that our products comply with the same international standards that are synonymous with the Emcon Technologies brand. Our strategy is to stay physically close to our customers. Chennai is an important location for Emcon Technolgies India but we are expanding to East India and exploring the possibility of a plant in West India. The inauguration of this new plant provides us business opportunities offered by one of the world’s fastest growing automotive markets.”

About Emcon Technologies India:

Emcon Technologies India Ltd. was set up in Chennai in 1997 and is a 74:26 joint venture between Emcon Technologies, USA and Anand Automotive Systems. Emcon Technologies India reported sales of US$ 11 million in 2007 and employed approximately 105 people at the end of 2007. The Company has two manufacturing facilities one in Chennai, and the other at Bangalore. A new plant is coming up in Singur (West Bengal).

About Anand Automotive Systems:

Anand Automotive Systems is a leading manufacturer of automotive components and systems in India, supplying to virtually every vehicle and engine manufacturer in the country. With the largest range of automotive components, the Group has a sales turnover of US$634 million. The Group comprises 16 companies with 44 manufacturing locations spread in nine states across the country. Its export, which currently accounts for 20 per cent of the total sales, is targeted to reach 30 per cent in next few years. Anand employs 7500 people of whom 800 are professionally qualified Engineers, MBAs and CAs. It invests two per cent of its sales every year on training and development programmes, conducted by its in-house technical and management institute. Visit www.anandgroupindia.com for more information.

About Emcon Technologies, USA:

EMCON Technologies is a leader in the global emission technology industry. The company serves worldwide light and commercial vehicle manufacturers. The $3 billion business has operations in 19 countries, 7,500 employees and several long-term joint venture relationships. EMCON is privately owned by One Equity Partners, an equity investment firm based in New York.  Visit www.emcontechnologies.com for more information.

 
Related news
More recent
Earlier on
< Prev   Next >

Sponsors

Mazak - The world's largest machine tool builder
JYOTI - India's most dynamic machine builder
TaeguTec - Cost effective tooling solutions
Advertisement

<< SHARE

Social

AD

Subscribe

Subscribe to MACHINIST by Email

Search

 
RSS 1.0
© 2020 MACHINIST
This site is best viewed with Firefox 2.0 or higher at a minimum screen resolution of 1024x768