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Our Bureau

New Delhi , Sept. 1

Anand Automotive Systems, a manufacturer and supplier of automotive components, has decided to expand operations by investing around Rs 500 crore in group companies in the Haryana region over the next five years.

The group has 17 companies, operating 40 manufacturing facilities across nine States, with an annual turnover of Rs 2,200 crore.

Foreseeing growth in the region with expansion at OEMs such as Maruti Udyog, Nissan and Honda for passenger cars and Suzuki and HMSI (Honda) for two-wheelers, the Group plans to make Gurgaon an important hub for its future growth and development to meet increasing customer capacities.

In view of this, the Group is planning expansion of its capacities and product portfolio of shock absorbers, engine bearings, filters, synchronise rings, and sealants, besides a few other leading products, and wants to anchor itself in this region.

More Stories on : New Projects | Automobile Components

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