International Automotive Components (IAC), a leading global supplier of automotive components and lightweight vehicle solutions, has enhanced its manufacturing and engineering capabilities in the Indian market with the inauguration of its new state-of-the-art plant in Manesar. The event was marked by a ceremony held today with IAC management, employees and key customers in attendance.
The new 5,574-square-metre (60,000-square-foot) Manesar plant consolidates two older operations in near proximity into one manufacturing location. The company invested more than $2.0 million (Rs 13 crore) in the modernisation of the equipment and facility, which will employ approximately 220 people. It will produce vehicle headliners, centre console systems, and instrument panel components and provide expanded manufacturing and engineering support to domestic and global original equipment manufacturer (OEM) customers in the New Delhi automotive region.
“IAC is committed to investing in India and creating a meaningful presence near its major automotive centers,” said Gajanan Gandhe, senior vice-president of Asia Operations, IAC. “Our new facility in Manesar will help us better serve current customers’ needs and offer regional advanced manufacturing and engineering capabilities for nextgeneration vehicle interiors.”
This is the second location opened by IAC in India in the past 13 months. In June 2017, a regional and global engineering centre was inaugurated in Pune to focus on application development engineering to support the vehicle interior needs of domestic and global OEM customer programs.
With the opening of the Manesar plant, IAC has five locations throughout India and 18 design, technical, and commercial centers around the world.
Headquartered in Luxembourg, the IAC Group is a leading global supplier of automotive components and systems, including instrument panels, console systems, door panels, headliners and overhead systems to automakers around the world. The company’s 2017 sales were $4.4 billion. The IAC Group operates more than 50 manufacturing facilities in 16 countries and has more than 60 total locations in 19 countries, including 18 design, technical and commercial centers, and employs more than 22,000 people globally.