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OEM Update

GESTAMP Automotive Opens Manufacturing facility in Pune

June 15, 2010 6:48 am

GESTAMP Automotive Opens Manufacturing facility in Pune
 
Plant set up at an investment of 82.5 Million Euros; Expands company’s production capabilities for metal components and structural systems; To start production with supply to Volkswagen India
 
GESTAMP Corporation, a Spanish MNC and a global player in Automobile Components, Steel Service Centers and Renewable Energy sectors opens its state of the art manufacturing facility, Gestamp Automotive India, in Chakan near Pune. Set up with an investment of 82.5 Million Euros, the plant, GESTAMP’s first wholly owned facility in India will manufacture metal components and structural systems for the automotive market in India. With a presence in over 18 countries with 57 production and 13 R&D centers, the new facility is a testament to GESTAMP Corporation’s strategy to expand its worldwide presence in the major automotive manufacturing centers.
 
The project is spread across 110000 sq. meters and a built up area of 44000 sq. meters is Gestamp’s eighth plant in India and its sixth in Maharashtra. The plant has been designed as a fully integrated facility to encompass the entire automobile production process from product conception to body components, to paint, to general assembly and the aggregates all coming up simultaneously. The new plant will be aligned with Gestamp’s global manufacturing processes and quality standards and will work on innovative concepts, products and systems to meet the demands for future vehicles with better comfort, reduced exhaust gas emissions and enhanced safety systems, a capability in which Gestamp has built up a global leadership position.

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