Automobile, Spare Parts & Accessories

Hella India Automotive is planning its second automotive components manufacturing facility at Becharji, dist. Mehsana, Gujarat under 2 phases. Initially the phase-I, will produce accelerator pedal sensors for the domestic market. The unit will manufacture products for hybrids and Electronic Vehicles (EVs) in India. The estimated cost of the phase-I is Euro 5 million. The Becharji plant will function as a satellite unit. The location will comprise a production surface of roughly 4,000 sq mtrs. Work on the Phase-I is expected to commence shortly. The project is expected to be completed in 2019. Phase-II is yet to be finalized. During the 2nd phase, other products are additionally planned. The project will cater primarily to the requirements of its key customer, Maruti Suzuki India. According to Media reports, The plant`s production capacity in phase I would be half a million units per annum for the APS that can be ramped further upto 1 million units. In phase II, the APS would have an additional 1 million capacity. The horn capacity will be more flexibility to factor in exports. A volume of 2-3 million horns is targeted in phase I with a similar number to be produced in phase II. Work on the phase-2 is expected to commence in 2-3 years and involve an additional investment of Rs. 200-300 million. [Info as of: Oct. `17]

India \ Gujarat