Business Daily from THE HINDU group of publications Tuesday, Apr 15, 2008 ePaper | Mobile/PDA Version | Audio |
|
|
|
|
|
|
|
Corporate
-
New Projects ElringKlinger opens first production unit in India
Our Bureau Pune, April 14 ElringKlinger Group, a German partner to the automobile industry and original equipment supplier of cylinder-head- and specialty gaskets, today inaugurated its first manufacturing facility in India at Ranjangaon near Pune. Dr Stefan Wolf, Chairman of the Management Board of ElringKlinger, said the plant has been set up with an investment of €5 million and would manufacture gaskets for powertrain applications such as engines and transmissions especially focussed on newly developed low-emission gasoline as well as diesel engines. With presence in 21 locations across the globe and a turnover of €607.8 million, ElringKlinger Group has strengthened its position as a direct supplier to customers in India, he said. It would also look at additional investments into the domestic market, he added. Customer baseThis zero-emission, modern manufacturing facility is spread over an area of 60,000 sq mt and has a built-up area of 5,600 sq mt. It would cater to the domestic players such as Maruti Suzuki, Ford, Mahindra & Mahindra, Ashok Leyland, Fiat-Tata, Piaggio, Man Force and all automotive manufacturers and other automotive suppliers. ElringKlinger Group is a worldwide development partner and original equipment supplier of cylinder-head and specialty gaskets, cover modules and shielding parts for the powertrain and the exhaust system. As the only globally-active independent gasket manufacturer, ElringKlinger supplies to nearly all car manufacturers in Europe, North and South America as well as numerous Asian vehicle manufacturers. India ventureReiterating ElringKlinger Group’s commitment to the Indian market, Dr Wolf noted that sighting the thriving potential lying within the Indian auto sector, it has ventured into India, which is the next big market in Asia Pacific. “Factors such as economic boom, and the surge in the auto sector will aid this growth. With a prominent presence in the automotive and manufacturing segment globally, this is a significant step for the ElringKlinger Group, keeping in line with our ambitious growth plans,” he added. More Stories on : New Projects | Rubber | Engineering
Article E-Mail :: Comment :: Syndication :: Printer Friendly Page
|
Stories in this Section |
![]() |
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | The Hindu ePaper | Business Line | Business Line ePaper | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |
Copyright © 2008, The
Hindu Business Line. Republication or redissemination of the contents of
this screen are expressly prohibited without the written consent of
The Hindu Business Line
|