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Home arrow Auto component arrow Rieter and Nittoku invest $15 million in a new facility at Oragadam
Rieter and Nittoku invest $15 million in a new facility at Oragadam Print E-mail
Written by Hari   
Friday, 12 November 2010
Chennai: Rieter Nittoku Automotive Sound Proof Products India Pvt Ltd, a joint venture between Rieter group of Switzerland and Nihon Tokushu Toryo (Nittoku) of Japan, has set up a new facility at Oragadam, near Chennai with an investment of $15 million (around Rs 69 crore).

The new Chennai plant is equipped with the latest production technologies from Europe and Japan, including the first fully robotic water jet system in India for cutting carpets. The facility is spread over 11 acres (45,000 m2) and has been running since May 2010, producing molded carpets, acoustic dashboard solutions, engine compartment parts and aluminum heatshields.

The next expansion phase is set already for 2011, which will result in a growing number of automotive jobs in Chennai.

"Chennai is already well-known as a center of the Indian auto industry, and it will become a global automotive production hub thanks to the openness of the government of Tamil Nadu," said Ralph Ruthner, the Chennai Plant Manager. "Rieter and Nittoku are here to serve important OEM clients such as the Nissan and Toyota car manufacturing plants in the vicinity. Chennai provides Rieter and Nittoku as well as other automotive suppliers with a well-situated location for serving both the booming Indian market and international markets."

"After the successful openings of our joint venture plants in China, we moved quickly to open this new green field plant in Chennai with the goal of better meeting the growing demand from our global customers in India. Rieter and Nittoku stand behind the local automotive industry – in India and across Asia – in their efforts to develop and build world-class vehicles, using innovative lightweight acoustic and thermal management solutions," said Wolfgang Drees, CEO of Rieter Automotive Systems.

"Rieter and Nittoku have enjoyed over 40 years of cooperative and equal partnership with the aim of supplying acoustic parts to OEM around the globe. We are honored that our joint venture now contributes to the economic growth of India. We strive for local harmony and will share state-of-the-art technologies and production systems to supply high quality products to our valued customers," said Masahiro Nojima, President of Nittoku.

The Chennai plant is located in the SIPCOT  Industrial Growth Center on the outskirts of Chennai in Southern India and expands the capacity of the Rieter Nittoku joint venture to supply acoustic systems and components as well as heatshields to clients in India and across the Asia region. These acoustic packages use proprietary RIETER ULTRA LIGHTTM technology that can reduce the weight of the acoustic package of a car by up to 40% – as well as improving vehicle comfort.

 
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