INDIA: Kongsberg Automotive secures truck gear shift contract
Kongsberg Automotive (KA) Pune in India has been awarded a contract for cable gear shift systems for manual transmissions from an unnamed Indian commercial vehicle manufacturer.
The EUR22.8m (US$30m) contract is for four years for the New Generation Truck platform - multiple models -which the supplier says is a "breakthrough for KA in the Indian commercial vehicle market."
Total vehicle volume in the programme is expected to reach 80 000 units annually and is scheduled to be launched in the first quarter of 2013. The entire assembly will be produced at KA's facility in Pune, India.
"KA's cable shift system design will give the customer a competitive advantage and provide greater shifting comfort and a lower total operating cost for the end user," said a statement from the component manufacturer.
"The contract demonstrates KA's ability to win Driver Control business with functionality on global product programmes for growth markets like India."
Kongsberg Automotive decided to localise production of selected products in India some years ago and work closely with Indian manufacturers to serve the country's increasing demand for transportation.
"KA is a proven, world-class manufacturer of premium ‘man to machine' interface systems, and this OEM recognises that," said Kongsberg Automotive VP sales & marketing, Hakon Amundsen.
"KA is now positioned for further growth with this customer having already been awarded a similar application for their rear engine buses."
"Our improving market position in India, combined with India's continued growth in trade, infrastructure and demand for transportation will provide long-term growth opportunities for KA."