Sona BLW Precision Forgings
Limited (SBPFL), part of the USD 500-million Sona Group, is augmenting its
operations in Hungary. Besides this facility in Hungary, Sona BLW is present
across two more locations globally - India (3 facilities) and Germany (3
facilities).
The Hungary facility is the
first greenfield manufacturing unit of Sona Group, outside India, which is
spread over 4800 square meters. The Hungary manufacturing facility is a
downstream process unit which will increase the production capacity by 40%
through machining and heat treatment areas. The expansion of this facility will
lead to reduction in cost by offsetting through cheaper labour costs and will be
creating jobs for about 150 people. The boost in production capacity of the
manufacturing unit will result in total capacity of 3.9 million pieces per year
with a targeted annual sale of 1.5 billion Hungarian, Forint (Rs 35 crore
approx.)
Sona BLW exports auto
components to leading global automotive players such as MAN, Scania, Daimler,
John Deere, American Axle, Linamar, CNH and DANA’s. The company’s customer base
also includes key OEMs such as Maruti Suzuki, Tata, TAFE, Mahindra &
Mahindra, ITL, John Deere, Escorts, DICV Trucks India, Volvo Eicher and New
Holland India. Globally, it is known for high-quality certification/standards
and high customer satisfaction of forged products. It is recognized worldwide
as the market leader in the manufacturing of warm-forged ‘Bevel Gears’.
Commenting on this
proliferation, Group CEO Sunjay Kapur said “Innovation and Research &
Development are the two primary drivers leading to customer satisfaction and
overall business growth. In our continuous pursuit of these objectives, we are
investing majorly in Research & Development and cost effective strategies.
Our Hungary plant expansion offers us advantages to maintain cost-efficiency,
transfer of certain aspects of our production and also remain close to the
market”
He further added “In three
years, we plan to double our production capacity at the Hungary manufacturing
facility to 7.8 million pieces per year.”