Lucintel Newsletter

Business News by Lucintel

Bookmark and Share

Thursday, November 3, 2011

TI Automotive Expands Reach in India with Two New Facilities

TI Automotive, a leading global supplier of fluid storage, carrying and delivery technology, is expanding its reach into the India automotive market with two new facilities, in Bangalore and Chennai. Both locations will produce technology for the domestic Indian market.

The Bangalore facility was established to produce fluid-carrying lines for passenger cars, with full production beginning in December 2011. At full production, TI Automotive will employ 68 at the 12,500-square-foot facility.

The Chennai facility is the company's first fuel tank systems location within India and will produce low-emission plastic fuel tanks. Production will begin in April 2012. TI Automotive will employ 70 at the 73,000-square-foot facility.

"India is a key growth region that is essential to being a major global supplier," said Bill Kozyra, chairman and CEO of TI Automotive. "With these new facilities, we are firmly entrenched there, and continue to expand our global footprint to provide advanced technology that meets the needs of our customers everywhere in the world."

TI Automotive also has facilities in Manesar to produce powertrain systems, and in Baroda and Manesar for the production of fluid-carrying systems.

2 comments:

  1. Personally I think, that this entry is really great and informative indeed. I have to admit that it was quite interesting to read this your post..
    Marketing Research Companies

    ReplyDelete
  2. Automotive makers recognize comfort as a significant trade point, as it plays a substantial role for buyers. Luxurious, comfortable, and safe automotive seating systems are gaining preference among consumers, which, in turn, is prompting OEMs (Original Equipment Manufacturer) to seek automotive seats that could satisfy consumer expectations. According to the Renub Research report, the Global Automotive Seat Market is expected to be a US$ 87.46 Billion by 2027.

    ReplyDelete