Autolite in JV with Chinese company to 'Make in India'

  • Industry News
  • May 28,15
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Autolite in JV with Chinese company to 'Make in India'

Autolite (India) Limited and Chinese company in a JV to set up manufacturing base in Jaipur for high tech Capital Goods Attract Foreign investment, technical expertise and create jobs in Rajasthan.

Jaipur, May 2015 - In what may be called a golden reversal, Jaipur based automotive lighting manufacturing company, Autolite (India) Limited has roped in its Chinese counterpart to set up a plant in Jaipur.

in shanghai, china with PM Modi 200.jpg

Motivated by Prime Minister Narendra Modi's 'Make in India' campaign, Mahipal Gupta, Chairman and Managing Director of Autolite (India) Limited, a public listed company, forged a joint venture with Jinway Import & Export Co Ltd, China to set up a manufacturing unit of high tech capital goods for production of latest technology products like fire plasma surface treatment machine, robotic IR and UV curing coating line, advanced assembly lines with on line vision inspection system, on line test and adjustment assembly machines, clean room systems, laser based welding systems and ultrasonic welding systems, etc.

These machines will be used in sectors like automobiles, automotive components, renewable energy, aviation, bio-technology, pharmaceuticals, defence manufacturing, semiconductors and LEDs. A first of its kind project, this will create employment opportunities in Rajasthan while attracting investment from China.

"I have an emotional chord with this project. We could have gone to China where the project cost is quite low. But since whatever I am is because of Jaipur, I preferred to bring Chinese company to Jaipur. I hope this will augur well with the economy of the state," said Mahipal Gupta.

This joint venture named Aishi Jinway Machinery Limited is a part of the multiple trade agreements and contracts signed between India and China during the recently concluded visit of Prime Minister of India to China.

Shri Amit Mahipal Gupta, Joint Managing Director said that the company would cater to domestic as well as overseas markets. Autolite has a strong marketing network in 60 countries besides a strong presence in India. "We are among few companies which export to China. With this joint venture, we will be able to expand our reach and horizon. More than volume it will add value to bouquets of our products," he said.

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