A Strategic Footprint Expansion to Provide High Quality Products and Responsive Service in India Market
CHENNAI, INDIA– Feb 2019– Nexteer Automotive announces the grand opening of a new production facility in Chennai at Mahindra World City, India. Chennai takes its place as Nexteer’s third manufacturing plant in India – joining plants in Bengaluru and Pune – and as the 26 th plant within the company’s global manufacturing footprint.
The company anticipates that the new plant will provide 150 job opportunities in Chennai by the end of 2019.
“The Chennai plant is a wholly-owned subsidiary of Nexteer Automotive, covering an area of 8,336 square meters,” said Madhav Kulkarni, Managing Director, Nexteer India. “This strategic manufacturing footprint expansion will bring Nexteer’s high quality and safety-critical Electronic Power Steering (EPS) and Driveline products to India,as well as fast, responsive service to better serve our customers.”
“Nexteer’sEPS systems enhance driver comfort, control and feel-of-the-road, while also enabling ADAS features, such as lane keeping, park assist, lane departure warning, traffic jam assist and more. EPSsystems also offer automakers increased fuel efficiency and reduced emissions.At the same time, theyhelp give your vehicle personality and performance,”said Tao Liu, Senior Vice President and Global Chief Operating Officer, Nexteer Automotive.“The opening of Nexteer’s facility in Chennai and our expanded production capacity in India are important pieces in our global strategy and represent our confidence in the growth potential of the automotive market within this region.”
Nexteer Automotive (HK 1316), a global leader in intuitive motion control, is a multi-billion dollar global steering and driveline business delivering electric and hydraulic power steering systems, steering columns, driveline systems, as well as advanced driver assistance systems (ADAS) and automated driving technologies for original equipment manufacturers (OEMs). The company has 25manufacturing plants, three technical centers and 14 customer service centers strategically located in North and South America, Europe and Asia. The company serves more than 50 customers in every major region of the world including BMW, Fiat Chrysler, Ford, GM, PSA Group, Toyota and VW, as well as automakers in India and China. www.nexteer.com