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Home arrow News arrow Business News arrow Spicer India setting up hypoid gear manufacturing facility in Chakan
Spicer India setting up hypoid gear manufacturing facility in Chakan Print E-mail
Written by James   
Tuesday, 09 February 2010
Pune: Spicer India Limited, a joint venture between Dana Holding Corporation, USA, and Anand Automotive Systems, has broken ground for a new hypoid gear manufacturing facility and testing center in Chakan, near Pune

The company, which is a supplier of axles, driveshafts (also known as propeller shafts) and drivetrain products, is constructing a 50,000 sq. ft. ”greenfield” gear manufacturing facility in Chakan, to produce 240,000 gear sets annually. At full capacity, the facility is expected to employ approximately 130 skilled people.

“Indian-based OEMs are demanding improved efficiency, power density, fuel economy, torque-carrying capacity, and weight reduction,” said Mr. James E. Sweetnam, President and CEO of Dana Holding Corporation, a provider of axle and driveshaft technology.  “In response, Dana has developed the AdvanTEK® series of axles to meet these growing customer requirements, and we are pleased to announce that – with these new and expanded facilities – we will be positioned to manufacture these axles in India.”

AdvanTEK axles comprise specially designed and manufactured hypoid gears with high power density, which provide higher power transmission, higher torque and better NVH.

“In the last few years, Indian OEMs have aimed at achieving world-class quality of vehicles manufactured here and meant for domestic and international markets.  With this new gear plant, Spicer India will have contributed in its own   way to help achieve this motive. This investment represents our ongoing commitment to the Indian automotive market,” said Deepak Chopra, CEO, Anand Automotive Systems.

Spicer India Limited was established in 1993 and provides complete system solutions to OEMs and the related aftermarket in India. The company has also been a major exporter to Dana Holding Corporation. Spicer India Limited products are marketed through a network of dealers and retailers across the country in the aftermarket.

"The setting up of this new facility represents another important milestone in Spicer India’s roadmap to growth," said B.D. Singh, COO, Spicer India Limited. Indian OEMs today operate on new vehicle platforms in the MUV / SUV / LCV segments. "As leading OEM suppliers in the country, we are pleased to be in a position to keep pace with our customer requirements and in meeting market demands," he added.

Last Updated ( Tuesday, 14 December 2010 )
 
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