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Faurecia to set up new interiors plant – Faurecia, a leading automotive technology company, is expanding its presence in India with a new interiors plant in Anantapur district – Faurecia interiors plant automotive - Arhive

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Faurecia to set up new interiors plant

V RISHI KUMAR

Faurecia interiors plant  automotiveFaurecia, a leading automotive technology company, is expanding its presence in India with a new interiors plant in Anantapur district of Andhra Pradesh. The plant will come up in the Kia Motors supplier park. The ground-breaking ceremony was attended by executives from Mobis and Faurecia. Faurecia will invest 50 crore (€6.25 million) in the new 15,000 sq m site, leading to the creation of 400 jobs. The plant is scheduled to be commissioned in the first quarter of 2019 and will have a daily production of above 1,000 instrument panels for Mobis (Kia Motors), according to a company statement.

Luis Navarro-Llacer, Vice President (Interiors IJKT Division) and Vidyadhar Limaye, Director Faurecia Interiors India, declared: “Today’s event is a milestone in Faurecia’s history in India, where we have been operating since 2004. India represents the 4th biggest automotive market and it is an ideal base for the development of our business.”

“Our new facility will provide near-term capacity improvements and allow Faurecia to bring forth a renewed commitment to India’s automotive OEM segment. Faurecia is pleased to accompany KIA Motors in their exciting journey in India starting 2019,” they said.

Present through its three activities, Clean Mobility, Interiors and Seating, Faurecia employs 3,600 people and has two technical centres and 11 production facilities in India. The Group serves locally leading OEMs like FCA, Renault-Nissan, ISUZU, Ford, Hyundai, Maruti- Suzuki, Tata, Toyota and Volkswagen.

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