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Shivam Autotech inaugurates new plant at Bengaluru

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Capital Market
Last Updated : Sep 08 2015 | 8:28 PM IST

For manufacturing four wheeler components

Shivam Autotech announced that the Company has successfully inaugurated its new plant at Bengaluru. The Company has set up its fourth plant at Vemagal Industrial Area, near Bengaluru. The state-of-the-art plant has been inaugurated by Shri Siddaramaiah, Hon'ble Chief Minister, Government of Karnataka on 08 September 2015.

This plant will cater to the requirements of companies like Bosch, Mando, INEL, for four wheeler components of alternators, starter motor, electronic steering systems, etc. This initiative of the Company is a step forward towards achieving Make in India campaign. This manufacturing unit will focus on import substitutes which will enable them to save the precious foreign exchange for the country as well as will cater to export market.

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First Published: Sep 08 2015 | 7:27 PM IST

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