INDIA: Harman infotainment plant on stream by June
Infotainment and audio supplier Harman is building a greenfield factory at Pune in India to assemble infotainment systems for domestic car makers.
It is expected on stream by June, according to the Hindu.
Harman will source mechanical parts locally but import electronic components.
Local managing director M Lakshminarayan said the factory would employ around 100 people.
'Lifestyle products' might be added later at the plant.
Harman already had R&D (research and development) in India at facilities in Bangalore and Pune. Employing close to 650 people, these facilities also served Harman needs globally.
Global carmakers such as Mercedes-Benz, BMW, Land Rover and Ferrari already offer vehicles fitted with Harman infotainment systems, he said. For the first time, some Indian cars will get them - deals have been signed with Tata Motors and Fiat for the Bolt and Zest, and Linea and Punto respectively.
Lakshminarayan said Harman was talking with other Indian carmakers including market leader Maruti.
Harman brands such include Harman Kardon, JBL, Mark Levinson, Lexicon and Infinity. At present, it imports all its products from its plants in China, Mexico and the US into India. It also sells home entertainment and lifestyle products such as headsets.
Lakshminarayan hoped Harman would achieve revenue of US$250m in three years in India. Sales were around $70-80m now.