Italian auto components major Magneti Marelli has opened a new manufacturing facility in India to meet the growing demand for automated manual transmission (AMT) gearboxes.
Magneti Marelli Powertrain India, a joint venture between Magneti Marelli, Maruti Suzuki and Suzuki Motor Company since 2007, has inaugurated a new industrial site for the production of robotised gearboxes for automobiles, also called AMT, the company said in a statement.
The company has invested Rs 150 crore on the plant which has come up at Manesar. It covers 7,500 sq mt and houses production lines and offices.
"When fully operational, the plant will employ around 115 people and will have a production capacity of 2,80,000 robotised gearbox kits per year," the company said.
The facility was created to address the growing market success that the AMT component has had in India over the past two years and to meet the demand from local carmakers regarding additional future implementations, it added.
The company provides AMT gearboxes to various popular models like Maruti Celerio, Maruti Alto, Tata Nano and Tata Zest in India.
Magneti Marelli has seven plants and a research and development (R&D) centre in the New Delhi area, operating in the powertrain, electronic systems, exhaust systems among others.
It also has three plants and a R&D centre in the Pune area operating in the lighting, powertrain, exhaust Systems and shock Absorbers sectors.
The company also has a plant in the Chennai region, operating in the exhaust systems sector.
