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January 6, 2009
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New Plant for Burgeoning Automotive Sector
By CXOtoday Staff
Mumbai, Nov 11, 2008 1108 hrs IST

The Indian automotive sector has been growing at an exponential rate in recent years, with growth predicted to increase in the future. The small car segment itself is expected to triple in the next five years. To cater to this budding sector, Delphi Corporation has started construction of a new manufacturing facility in Chennai. The Rs. 250 crore worth plant is expected to be operational by the end of 2009.

Ashok B. Ramaswamy, president and MD of Delphi India said that presence of major automotive OEMs in Chennai has made it a hub for both the auto and the electronics industries.

The Chennai plant will churn out products in the areas of controls and security, safety, entertainment, and communications. In phase one, the plant will produce immobilizers, body computers, instrument clusters and driver information systems, followed by safety and entertainment products.


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KPIT Strengthens Automotive Services Portfolio


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