Tata AutoComp Systems Limited (Tata AutoComp) and Katcon
Global have signed a 50:50 Joint Venture agreement to provide exhaust systems
and emission after-treatment systems to the Indian automotive industry. The JV
will be headquartered in Pune, Maharashtra. The joint venture will focus on designing
and delivering innovative exhaust systems and emission after-treatment
solutions to the Indian automotive industry that would include passenger cars, utility
vehicles, medium and heavy commercial vehicles, busses, farm tractors and
off-road vehicles. The product offering will include solutions for both the hot
end and cold end of the exhaust system namely, catalytic converters, diesel
particulate filters, selective catalytic reduction, mufflers and silencer
modules.
Ajay Tandon, MD & CEO of Tata AutoComp Systems Limited
said the partnership with Katcon will expand his company’s portfolio to now
bring the latest in exhaust and emission after treatment solutions to the
Indian automotive Industry.
Arvind Goel, President, COO & CTO, Tata AutoComp Systems
Limited added that as the Indian automotive market evolves, automotive
manufacturers in all segments will have to upgrade their emission systems to
meet the rising Indian and global standards. “Through this JV we will be
offering our customers exhaust systems and emission after treatment solutions
that are designed to meet Euro 5 and Euro 6 norms,” he said.
Carlos Turner, CEO of Katcon Global said the combination of Katcon’s
expertise in exhaust systems and emission after-treatment and Tata AutoComp’s
knowledge of the Indian market provides both companies an opportunity for
growth and serve the emerging needs of the Indian automotive industry..
Tata AutoComp Systems Limited (Tata AutoComp), promoted by
the Tata Group, provides products and services to the Indian and Global
automotive OEMs as well as Tier 1 suppliers. Tata AutoComp has own capabilities
in Automotive Interior & Exterior Plastics, Composites, Sheet Metal
Stampings as well as Engineering and Supply Chain. Tata AutoComp has 4 joint
ventures in partnership with leading companies from the Global Auto Component
Industry through which it manufactures and markets automotive components and
systems like engine cooling solutions, automotive batteries, rear view mirrors,
command systems, HVAC and suspensions for heavy commercial vehicles. Tata
AutoComp has 29 manufacturing facilities spread across India including one in
China.
Katcon Global (Katcon) is one of the leading exhaust and
after-treatment Tier 1 global suppliers in the industry and is headquartered in
Monterrey, Mexico. Katcon’s product portfolio includes solutions for gasoline
and diesel engines, from light to heavy duty, and applications that range from
motorcycles and ATV’s to On and Off-Road heavy duty vehicles. Katcon has
extensive design, engineering, analysis, prototyping, testing, and
manufacturing resources in 4 technical centres located in Auburn Hills, MI;
Monterrey, Mexico; Shanghai, China; and Luxembourg; as well as manufacturing
facilities in India, Mexico, United States, Venezuela, South Africa, Australia,
China, Poland, and Korea.