To navigate through the Ribbon, use standard browser navigation keys. To skip between groups, use Ctrl+LEFT or Ctrl+RIGHT. To jump to the first Ribbon tab use Ctrl+[. To jump to the last selected command use Ctrl+]. To activate a command, use Enter.
Site Actions
This page location is:
ADVICS
News
ADVICS Establishes Two New Companies in India
Browse
Tab 1 of 2.
View
Tab 2 of 2.
Sign In
Edit
Item
Version History
Manage Permissions
Delete Item
Manage
News
:
ADVICS Establishes Two New Companies in India
ADVICS North America Inc.
Home
About ADVICS
Community
Profile
Global Network
ADVICS Products
Components
Engineering
Manufacturing
North America Group Values
Group Sustainability
Supplier
Contact Us
Title
ADVICS Establishes Two New Companies in India
Body
Press Release
April 5, 2012
Establishment of New Companies in India
ADVICS Co., Ltd. (Head Office: Kariya, Aichi, Japan; President: Takeshi Kawata) has decided to establish production and sales companies, including evaluation function, in Haryana State, North India, and Karnataka State, South India.
The purpose of establishing the new companies is to expand ADVICS brake business by starting the local production to make a full-scale entry into the Indian automobile market, which is rapidly growing.
This is the first establishment of the ADVICS base in India.
ADVICS Manufacturing Haryana Private Ltd. and ADVICS Manufacturing Karnataka Private Ltd. will produce brake parts that meet the market need and promote local procurement.
ADVICS views the establishment of the new companies in India as an opportunity for market expansion and global growth as a brake systems supplier.
General information on the new companies is as follows.
1. Summary of a new company established in North India
1. Company name
ADVICS Manufacturing Haryana Private Ltd.
2. Establishment
Scheduled for July 2012
3. Address
Rohtak Industrial Estate, Haryana, India
4. Capital
490 million INR (About 800 million JPY)
5. President
Toshitaka Suga
6. Line of business
Production and sales of brake products
7. Production launch
Scheduled for June 2013
8. Sales volume
Approx. 1.1 billion INR (About 1.8 billion JPY) targeted for FY2016
2. Summary of a new company established in South India
1. Company name
ADVICS Manufacturing Karnataka Private Ltd.
2. Establishment
Scheduled for January 2013
3. Address
Narasapura Industrial Estate, Karnataka, India
4. Capital
240 million INR (About 400 million JPY)
5. President
Toshitaka Suga
6. Line of business
Production and sales of brake products
7. Production launch
Schedule for December 2013
8. Sales volume
Approx. 2.5 billion INR (About 4.2 billion JPY) targeted for FY2016
For further information, please contact Corporate Administration Dept.
Phone : +81 (0)566 63 8000
Facsimile: +81 (0)566 22 8021
Excerpt
ADVICS Co., Ltd. (Head Office: Kariya, Aichi, Japan; President: Takeshi Kawata) has decided to establish production and sales companies, including evaluation function, in Haryana State, North India, and Karnataka State, South India.
Published Date
5/4/2012
Expires
1/31/2020
News Type
Announcement
Attachments
Created at 5/4/2012 10:47 AM by LEBDMZWEB1\swolfe
Last modified at 5/4/2012 10:47 AM by LEBDMZWEB1\swolfe
Use this page to add attachments to an item.
Name
Regional Sites
Asia
| Africa | Europe | South America
North American Sites
Georgia | Indiana | Michigan |
Ohio
| Mexico
Site Resources
Contact Us
|
Terms of Use
|
Terms of Sale
|
Privacy
|
Site Map
ADVICS Supplier Portal
Employee Portal
Copyright © 2011 ADVICS North America, Inc