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MAHLE and India Pistons Forming Joint Venture
29 November 2007
MAHLE GmbH and India Pistons Ltd. are forming a joint venture for the manufacture of pistons for new gasoline and diesel engines for the fast growing Indian market requiring compliance with future emission regulations, such as Euro 4 and above. It will also introduce new piston designs with oil-cooled galleries for new diesel engine generations.
The new company, which will operate as MAHLE India Pistons Ltd., is a 50/50 joint venture with MAHLE holding the industrial and technological leadership. The manufacturing facilities of the joint venture will be located in India Pistons Ltd.’s plant near Chennai, India.
The actual production capacity of approximately 3.2 million pistons per year is expected to double within three years.
The MAHLE Group is one of the 30 largest automotive suppliers worldwide. MAHLE is among the top 3 systems suppliers for piston systems, cylinder components, valve train systems, air management systems, and liquid management systems.
November 29, 2007 in Brief | Permalink | Comments (0) | TrackBack (0)
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