Grupo Antolin has opened a new manufacturing plant in Sanand (India) to reinforce its industrial presence.
In the new location, the company will manufacture overhead systems, sunvisors and plastic parts for interiors, with specific emphasis on Ford and Tata Motors.
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The new factory will employ more than 130 people in addition to the more than 1,200 Grupo Antolin staff in India, where it has been present since 1996 and now has five factories, two just-in-time centres and a technical-sales office
Grupo Antolin also unveiled first quarter sales of EUR1.3bn (US$1.45bn), an increase of 95%, although if the instrument panel business unit, which became part of the company on 1 September, 2015, is excluded, growth was 10%.
In the quarter the instrument panels unit has become the main revenue generator (43% of sales), followed by the overhead systems unit (30%), and the units for doors (16%), seats (4.9%) and lighting (4.5%).
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By GlobalData
