Mann + Hummel, the German filter company, has announced plans to open a second plant in India via a joint venture with Bosch.
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A total investment of RS112 crore (US$2.37m) will be made in setting up the facility, which will be based in Himachal Pradesh.
According to local reports, Mann + Hummel managing director Manfred Wolf told reporters: “The factory, which is the second one after Tumkur in Karnataka, will be launched by September with an employee strength of 100 and will have a production capacity of 10 million filters per year.
“This factory will be responsible for the growth in the filter aftermarket (replacement) segment while Tumkur plant near Bangalore which has been operational for last three years and has been OE (Other Equipment) supplier to several automotive and industrial equipment manufacturers will be maintained as a production site,” he added.
He said Mann+Hummel will also supply parts for Tata Motors’ diesel version of the Nano car.
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By GlobalDataHans-Georg Hummel, managing director of Mann+Hummel India, said that the group had invested over EUR10m in India since 2005 and will be investing another EUR10-15m in the next three to four years.
