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Home arrow News arrow Auto component arrow IAC Group inaugurates Manufacturing Facility at Mahindra Supplier Park, Chakan
IAC Group inaugurates Manufacturing Facility at Mahindra Supplier Park, Chakan Print E-mail
Written by Vijay   
Thursday, 31 March 2011
Pune: International Automotive Components (IAC) Group inaugurated it's new manufacturing facility at the Mahindra Supplier Park in Chakan, India. The 118,000-square-foot facility, set up with an investment of approximately $15 million USD, will provide just-in-time in vehicle sequence delivery of automotive interior components to Mahindra and Mahindra Navistar.

The new Chakan plant will produce instrument panels, floor consoles, interior and exterior garnish trim, air distribution vents and door panels for Mahindra and Mahindra Navistar vehicles.

The facility will employ more than 200 people.

"Similar to our other three India locations, this facility is strategically located in proximity to a major customer and extends our ability to continue supporting our customer's goals and objectives," said Jim Kamsickas, global co-CEO and president of North America and Asia.

Pune is home to IAC India's regional headquarters. The facility marks IAC's second manufacturing operation in Chakan since it opened the first plant in early 2009. It also has an engineering center in the Pune area.

"It's rewarding to see the advancements and contributions our company has made in this thriving automotive region in such a short period of time," said Jim Kamsickas.

In January 2011, IAC acquired Manesar-based Multivac India Private Limited, a tier-one supplier of vehicle headliners, instrument panels, interior trim and door panels to key global vehicle manufacturers.   This strategic acquisition established IAC's northern India footprint in proximity to the New Delhi automotive region.

"This new state-of-the-art facility, our development of local engineering capabilities and  industry-first manufacturing processes position IAC to be able to offer the very best solutions that meet customers' increasing needs for the domestic and export markets," said Gajanan Gandhe, senior vice president of IAC Asia operations.  "Our customers expect multinational, sophisticated suppliers to support their regional and global needs and this facility is an exceptional example of how IAC fulfills these expectations in India and around the world."

 
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