The Hindu Business Line : Federal-Mogul to set up plant in Chennai

Chennai, Aug 7 Federal-Mogul Corporation on Thursday announced it is planning to build a new facility in Chennai for the manufacture of friction components for original equipment and aftermarket segments. The operation is scheduled to begin production of light vehicle brake and friction components, commercial vehicle and railway friction products by September 2009.

Company markets

Federal-Mogul currently manufactures products at six operations in India, including pistons, rings, liners, bearings, ignition and sintered products for both OE and aftermarket customers.

The locations are in Bangalore, Bhiwadi, Khandsa, Parwanoo and Patiala. “Federal-Mogul’s ‘Ferodo’ brand of friction products have been manufactured in India since 1995, although the new friction facility will be the first in the Chennai region,” says a press release from the company.

Facility building

Federal-Mogul’s wholly-owned subsidiary in India recently signed a memorandum of understanding with New Chennai Township Pvt Ltd — a subsidiary of MARG Ltd, a major Indian development company — to buy 10 acres of land on which it will build the 6,000-sq metre facility.

The plant will be built in three phases and will eventually total 15,000 sq metres and create approximately 500 jobs.

“This new greenfield facility is another example of Federal-Mogul’s commitment to grow its manufacturing footprint in India,” said the Federal-Mogul President and Chief Executive Officer, Mr José Maria Alapont.

“Products manufactured at the new facility will be for both local vehicle manufacturers and for export to the global automotive market.”

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