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Vizag in fray for Yazaki auto spares unit

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Our Correspondent Visakhapatnam
Last Updated : Feb 06 2013 | 6:00 PM IST
The $10 billion Japan-based car manufacturing major Yazaki Corporation is studying feasibility of setting up an auto spares manufacturing unit at Visakhapatnam.
 
"We are planning to set up 100 per cent export-oriented car cable manufacturing unit in India. Visakhapatnam Special Economic Zone is one of the preferable places for us to establish the proposed unit. With in three months we will finalise the place," Shinji Yazaki, the president of Yazaki Corporation, said here today.
 
"For the manufacturing of auto spares we have tied up with Tata company. Our joint venture Tata Yazaki Auto Company has a manufacturing unit at Pune. Last fiscal this JV's turnover was Rs 85 crore, of which 30 per cent was exports,"he said.

 
 

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First Published: Jan 29 2004 | 12:00 AM IST

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