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GKN Driveline opens new Precision Forging facility at Oragadam |
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Written by Krishna Kumar
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Thursday, 03 November 2011 |
Chennai: GKN Driveline has opened a new precision forging facility at Oragadam near Chennai in Tamil Nadu. GKN Driveline has invested nearly 48 crores INR (£6.6m UK) in the new forging facility which will ensure that its CVJ Systems benefit from GKN Driveline's proprietary forging technologies and quality. It will initially employ 60 people.
"This state-of-the-art forging facility is our first wholly-owned forging facility in the Asia Pacific region and reinforces our commitment to our India-based customers," said Marc Vuarchex, managing director, GKN Driveline Asia Pacific.
Located 50 kilometers from Chennai, the 5,000-square-metre facility will supply precision forgings to GKN Driveline’s Oragadam CVJ Systems manufacturing plant which annually produces 1.2 million sideshafts for automotive manufacturers in South India. The CVJ Systems plant was opened in 2008 to meet the rapidly growing automotive market in India.
GKN Driveline has an application engineering centre in Faridabad, a city in the south-east of Haryana state in northern India and manufacturing facilities since the 1980s, with production units at Fairdabad and Dharuhera, in Haryana State in north India and Oragadam near Chennai in the south.
"Since the early 1980s, we have viewed India as an extremely important market for us. We now employ over 800 people in the country," said Marc Vuarchex. GKN Driveline is a global producer of CVJ systems, AWD systems, Trans Axle solutions and eDrive systems.
"Our business in India continues to grow at an annual rate of 15 percent, and this investment helps ensure that we will continue to meet our customers growth throughout the region," said Ravindra Ojha, managing director of GKN Driveline in India. |
