BorgWarner opens a manufacturing plant in India

La BorgWarner Inc.., a U.S.-based manufacturer of automotive components and systems, has installed a new manufacturing facility at Sipcot Industrial Park in Sriperambadur, near Chennai, India. The plant will have an annual capacity of 300,000 assemblies.

The company has sales of more than $4 billion and is currently present in 18 countries. Its venture into India began in 2001, when it started operations through its subsidiary Borgwarner Cooling Systems India. Later, in 2004, the company installed a manufacturing facility ad interim in Aynambakkam (Chennai).

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

This and other information about Octagona: check out 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. Indeed, India has been growing strongly for several years and analysts say it will be a high-growth country for the next decade as well. It may become the third world power by 2020.

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

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

Source: IBEF

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