The Hindu Business Line : Tata Ficosa opens 2nd plant in Pune

TATA Ficosa Automotive Systems Ltd (TFAS), the 50:50 joint venture between Tata AutoComp Systems Ltd (TACO) and Ficosa International, Spain, on Wednesday inaugurated its additional manufacturing facility in Hinjewadi, near Pune.

Talking to reporters, Mr Javier Pujol, Chairman, Ficosa International, said the current capacity of both the units put together is 1.2 million pieces (the new plant is TFAS' second unit in Pune). Tata Ficosa is planning to ramp up this production capacity to three million pieces within three years. The new facility will enable the company to supply inner rear-view mirrors to global automotive original equipment manufacturers. The total investment that has gone into these plants is Rs 22 crore, he said. The 100 per cent export-oriented plant at Hinjewadi was inaugurated by Mr David Friedman, President and Managing Director, Ford India, in the presence of Mr Joan Trullen, Deputy Minister for Industrial Affairs, Government of Spain, Mr Javier Pujol and Mr Jeevan Mahaldar, Chief Executive Officer, Tata Ficosa Automotive Systems Ltd.

Mr Pujol said the Hinjewadi plant has already begun to supply inner rear-view mirrors for Toyota Innova. There are plans to bring in more products from the Ficosa product line into the new facility. Depending on the business that would come in, the company would also think of setting up another unit, mostly in the South. No details of the project were given. Ficosa has deemed the Pune facility as a Centre of Excellence.

Tata Ficosa's customers include Fiat, Ford, General Motors, Hindustan Motors, Honda Siel Cars, Mahindra & Mahindra, Tata Motors and Toyota.

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