GKN Driveline Continues to Expand in India |
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GKN Driveline, Inc.
3300 University Drive
Auburn Hills, MN, 48326-2362
USA
Press release date: May 9, 2007
MUMBAI, India, May 9: GKN Driveline, the market leader in India, is to expand its presence by building a new factory for the manufacture of sideshafts, including a state-of-the-art test center, near Chennai. GKN Driveline will invest nearly $27.9 million (14 million pounds Sterling) in the new plant that will go into production at the beginning of next year -- it will have a capacity of 600,000 vehicle sets.
The new facility will expand GKN Driveline's capability in Southern India and position the company to meet the rapid growth of the Indian car market. GKN Driveline currently employs 450 people in three factories in India: Faridabad and Dharuhera, near Delhi in the north, and Gummidipoondi, near Chennai, in the south.
GKN Driveline is a global enterprise with 21,000 people working at more than 40 locations in over 30 countries. Recognized as the automotive industry's leader in the design and production of driveline components, GKN Driveline provides driveshafts for the smallest front-wheel-drive vehicles up to the most sophisticated four-wheel-drive models. GKN Driveline's first facility in India was established in 1986 at Faridabad in Haryana.
GKN Driveline in India
GKN Driveline's roots in the Indian automotive market go back to the 1980s, forging strong partnerships based on supply reliability, product integrity and quality consistency. Today, GKN Driveline shares its unique application capability with customers to develop dedicated driveline solutions that meet the challenge of improved environmental performance, greater efficiency, lighter weight and enhanced reliability.
Additional company information is available at http://www.gkndriveline.com/
Source: GKN Driveline
CONTACT: Paul Dinwiddy GKN Driveline Headquarters, +44 1527 533 646, +44 7801 077 523 mobile, paul.dinwiddy@gkndriveline.com; Media +Contacts, India, Vibha Mittal Mileage Communications, + 91 112 651 1423, f + 91 112 651 1246, mileage@vsnl.com; Americas, Larry Weis, +1-248-647-8621, +1-248-705-4448 mobile, lweis@usautocom.com, GKN Driveline; Europe, Simon Pearson, + 44 207 861 3158, + 44 207 861 3158 mobile, spearson@qbo-bellpottinger.co.uk Web site: http://www.gkndriveline.com/
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