Autoliv, Inc, announced its plan to build a new airbag inflator manufacturing plant in India, focused toward supporting its strong Indian market position. Autoliv India has its corporate office, Engineering Centre, and Airbag facilities in Bangalore. The new inflator plant will be built close to Chennai and will serve the Indian demand.
The new inflator plant will be built close to Chennai
The localization of inflator production will meet customer requirements while mitigating global supply chain disruptions and fluctuations. The new inflator plant will further encourage sustainable market growth in India from global and local OEMs.
Joydeep Roy, Autoliv India President and Managing Director, said, “We are optimistic about the business prospect here. We will continue our dedicated work of leading the way to Saving More Lives in India and being a trusted supplier and partner to our customers,” he added.
Source: CarnBike
You may also like
-
Madanapalle Builds a Circular Waste System on the Road to Zero Dumping
-
India Cuts Thermal Power Coal Imports by 27.4% as Domestic Supply Expands
-
Centre Approves ₹3,030-Crore Scheme to Establish Three Dedicated Chemical Parks
-
HCLTech and Sarvam Plan ₹14,257-Crore Sovereign AI Data Centre in Odisha
-
India Targets Five Indigenous Small Modular Reactors by 2033