Luxembourg-based International Automotive Components (IAC), a leading global supplier of automotive components and lightweight vehicle solutions, has inaugurated its new state-of-the-art plant in Manesar enhancing its manufacturing and engineering capabilities in India.
The new 5,574-square-meter (60,000-square-foot) Manesar plant consolidates two older operations in near proximity into one manufacturing location. The company invested more than $ 2 million in the modernisation of the equipment and facility, which will employ approximately 220 people. It will produce vehicle headliners, center 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. Our new facility in Manesar will help us better serve current customers’ needs and offer regional advanced manufacturing and engineering capabilities for next-generation vehicle interiors,” said Gajanan Gandhe, Senior Vice President of Asia Operations, IAC.
This is the second location opened by IAC in India in the past 13 months. In June 2017, a regional and global engineering center was established in Pune to focus on application development engineering to support the vehicle interior needs of domestic and global OEM customer programs. With Manesar opening, IAC has five locations throughout India and 18 design, technical, and commercial centers around the world.
International Automotive Components (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. IAC Group operates more than 50 manufacturing facilities in 16 countries. The company has more than 60 total locations in 19 countries, including 18 design, technical and commercial centers, and employs more than 22,000 people globally.