Allison Transmission to double capacity at Chennai plant, invest over Rs 800 crore
As part of its strategy to meet increasing global demand for its fully automatic transmissions, the US-based propulsion solutions provider for CVs and defence vehicles is to double the existing manufacturing capacity at its state-of-the-art Chennai plant.
Allison Transmission, the leading designer and manufacturer of propulsion solutions for commercial and defence vehicles and the largest global manufacturer of medium- and heavy-duty fully automatic transmission, has announced the expansion of its state-of-the-art manufacturing facility in Chennai, India, to support increasing global demand for Allison fully automatic transmissions.
The multi-year, over $100-million (Rs 833 crore) investment will double the existing manufacturing footprint of the Chennai facility. The 200,000 square-foot expansion expected to be completed in 2025, operational in 2026 and ramping to full manufacturing capacity in 2027.
The expansion will increase production capacity for Allison's on-highway fully automatic transmission portfolio, enhancing global operational flexibility and capability.
Founded in 1915, the company is headquartered in Indianapolis, Indiana, USA. With a presence in more than 150 countries, Allison has regional headquarters in the Netherlands, China and Brazil, manufacturing facilities in the USA, Hungary and India, as well as global engineering resources, including electrification engineering centres in Indianapolis, Indiana, Auburn Hills, Michigan and London in the United Kingdom.
ALSO READ:
Tamil Nadu CM meets Ford, Visteon, Eaton and Autodesk to boost US investment in the state
RELATED ARTICLES
Bajaj Auto launches new Chetak 3503 at Rs 110,000
The Chetak 3503, with a claimed range of 155km, 63kph top speed and a slower charging time than its 35 Series siblings, ...
Hyundai walks the eco talk with biogas plant, material recovery plant in Gurugram
Operational since October 2022, the facility targets sustainable waste management in Gurugram by undertaking scientific ...
Rajiv Bajaj reappointed MD and CEO of Bajaj Auto for five-year term
Bajaj Auto’s Board of Directors has approved the re-appointment of Rajiv Bajaj as the company’s MD and CEO for another f...