Magneti Marelli inaugurates new plant in India
Noted automotive components manufacturer Magneti Marelli has inaugurated a new industrial plant in India specially for the production of automobile exhaust systems. The plant which is located at the Maruti Suzuki Supplier Park in Manesar has been built under the joint venture between Magneti Marelli and SKH Metals limited. Boasting of an area of 8000 square metres, the plant has a capacity of four lakh Cold End components and 1.5 lakh Hot End.
Eugenio Razelli, CEO of Magneti Marelli said, "Magneti Marelli in India is by now a consolidated and growing presence that contributes to the evolution of the automotive sector on a lively market with a positive outlook in the medium and long-term. In the specific area of exhaust systems, we have built a footprint that ensures us a strategic positioning on the market, in a critical technological area in view of the new scenarios tied to the reduction of polluting emissions, as well as the presence in two geographic areas which are crucial for the automotive sector in India."