
Tata AutoComp is stepping up its growth plans with a fresh push to expand its manufacturing footprint in India.
The auto parts giant has already declared that it will establish a number of new plants in this year in an effort to enhance capacity and solve the increased demand by automakers in both local and international markets.
The management of the company affirmed that there are other series of facilities planned to be established as part of the overall expansion strategy. This is a step in the right direction as the automotive field in India is experiencing positive momentum with great demand of vehicles and a steep increase in the electric vehicles market. Tata AutoComp is in a process of expanding its production foundation to serve the customers more efficiently and promptly.
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It has recently opened two state of the art plants in Gujarat, Sanand. Such plants pay attention to major car parts, such as seating systems and thermal solutions. In these new additions, Tata AutoComp has over eight operating plants in the Sanand region alone, and this indicates how the area is central to its growth roadmap.
Growth of Tata AutoComp will also enhance the supply chain resistiveness and closer vicinity to key original equipment manufacturers. The company will achieve this by establishing plants near the customers, thus lowering logistic costs and turnaround time and increasing the overall capacity of operations.
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This aggressive growth is an indication of the company confidence of the dynamic auto market of India and its eagerness to expand operations in accordance with the industry.
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