Advik
Hi-Tech, a leading global automotive component manufacturer signaled the
expansion of its global production network with the groundbreaking ceremony for
its 9th plant and its 3rd in Pune. With this addition, the Advik Group now
comprises of 9 production facilities spread across India, Indonesia, &
Vietnam.
The ceremony was held at the site of its new
plant, adjacent to one of the company's existing manufacturing facilities. “Our
new plant is an important part of our long-term growth strategy of building
ahead-of-the-curve technologies & facilities. With stricter emission and
safety norms, increased vehicle electrification and hybridisation becoming the
new growth drivers, our new state-of-the-art plant will help us serve our
customer better & stay ahead in the evolution of technology curve.,"
said, Aditya Bhartia, Managing Director, Advik Group of Companies.
The
company will be investing Rs.85 crore to build the new facility which will
comprise manufacturing, assembling and testing facilities, creating more than
300 new jobs. The new plant spanning an
initial 10000 Sq. meters is expected to be operational by August 2019, bringing
the total production floor space in Pune to 20000 sq. meters.
The state of the art plant is designed with
standardized lean processes combining energy efficient design, responsible
water management, and user comfort to reduce the impact on the environment. The
company has already started recruitment in manufacturing and related operations
including production, engineering, logistics, and quality.
Advik
Hi-Tech is already the world leader in the manufacturing of oil pumps in the
2-wheeler & 4-wheeler segment along with water pump, tensioners and CBS -
Combined Braking System, serving leading global OEMs like Bajaj Auto, Ducati
Motorcycles, Force Motors, Harley Davidson, Hero MotoCorp., Honda Motorcycle &
Scooter, Kawasaki, KTM, Lombardini, Mahindra, Motori Minarelli, Piaggio
Vehicles, PT Astra Honda Motor, Suzuki Motorcycle, Tata, Yamaha, ZF etc. The
company is now rapidly increasing its scale in the 4-wheeler space.
Source: Advik Hi-Tech