International Automotive Components (IAC) Group yesterday (30 March) announced the opening of its new manufacturing facility in Chakan, India.
The new 118,000 square foot facility, located in the Mahindra Supplier Park is planning to employ over 200 staff with a total investment of US$15m. The facility marks the company’s second manufacturing operation in Chakan since it opened the first plant in early 2009.
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The new Chakan plant is set produce products including instrument panels, floor consoles, interior and exterior garnish trim, air distribution vents and door panels for Mahindra and Mahindra Navistar vehicles, the company said.
“It’s rewarding to see the advancements and contributions our company has made in this thriving automotive region in such a short period of time,” said global co-CEO and president of North America and Asia for IAC, Jim Kamsickas. “Similar to our other three India locations, this facility is strategically located in proximity to a major customer and extends our ability to continue supporting our customer’s goals and objectives.”
Senior vice president of IAC Asia operations, Gajanan Gandhe added: “This new state-of-the-art facility, our development of local engineering capabilities and industry-first manufacturing processes position IAC to be able to offer the very best solutions that meet customers’ increasing needs for the domestic and export markets.”
See also: INTERVIEW: IAC’s John Smail
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