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Home arrow News arrow Auto component arrow Cosma International opens new facility in Pune, India
Cosma International opens new facility in Pune, India Print E-mail
Written by Ganesh   
Friday, 17 October 2008
Aurora, Ontario, Canada, October 16, 2008 – Cosma International, an operating unit of Magna International Inc. and a leading global automotive body and chassis systems supplier, announced today the establishment of a new facility in Pune, India.  With the addition of this facility Cosma now has two operations in India – the other being a fully equipped product and process engineering services group in Bangalore.

The Cosma Pune plant will start operations in 2010. The facility will supply global customers and global programs as well as regional customers with stamped and welded assemblies.  Additional products and processes, such as hydroforming and Class A sheetmetal are expected to be added in the near future.

“The addition of this facility is part of our overall strategic expansion to support global platforms and it brings us closer to customer assembly plants,” said Horst Prelog, President of Cosma International. “India is a key growth market in the automotive industry and we look forward to demonstrating our agility, resources and leadership in this region.”

About Cosma

Cosma International (www.cosma.com), an operating unit of Magna International, manufactures a comprehensive range of metal body systems, components, assemblies and modules including complete vehicle frames, chassis systems and body-in-white systems using a variety of innovative processes including hydroforming, stamping and roll forming. Cosma has 38 manufacturing facilities and 12 product development and engineering centers worldwide.

About Magna International

Magna International (www.magna.com) is the most diversified automotive supplier in the world. We design, develop and manufacture automotive systems, assemblies, modules and components, and engineer and assemble complete vehicles, primarily for sale to original equipment manufacturers of cars and light trucks in North America, Europe, Asia, South America and Africa. Our capabilities include the design, engineering, testing and manufacture of automotive interior systems; seating systems; closure systems; metal body and structural systems; vision systems; electronic systems; exterior systems; powertrain systems; roof systems; as well as complete vehicle engineering and assembly.

Magna has approximately 82,000 employees in 241 manufacturing operations and 62 product development and engineering centers in 23 countries.

 
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