BorgWarner opens a manufacturing plant in India

La BorgWarner Inc.. , a U.S. company that manufactures automotive components and systems, has installed a new production facility in the Sipcot Industrial Park in Sriperumbudur, near Chennai (India). The plant will have an annual capacity of 300,000 assemblies.

The company has revenues of over $4 billion and is currently present in 18 countries. Its adventure in India began in 2001 when it started operating through its subsidiary Borgwarner Cooling Systems India. Subsequently, in 2004, the company installed a production facility ad interim in Aynambakkam (Chennai).

In India, the company supplies clients such as Tata Motors, Tata Cummins, M&M, ALL, Force Motors, Volvo, Eicher, Asia Motor Works, and Kirloskar.

These and other information about Octagona: take a look at all our articles on the company blog. With three offices in India, in Pune, Bangalore, and New Delhi, we can help Italian companies make a difference in the Indian market. India has indeed been growing strongly for several years and, according to analysts, will be a high-growth country for the next decade. It could become the third world power by 2020.

If you want to internationalize your business, now is the right time to do it. Various indicators show how companies that leverage foreign markets to increase revenue and profits manage to gain a real competitive advantage, allowing them to beat the competition. India can be considered one of those target countries for companies based in Italy that want to operate abroad. BorgWarner's move is just another factor confirming this fact.

Contact us for more information by clicking the button below: we will study with you the best solution for your business.

Source: IBEF

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