Sanyo Tech Support

  • Subscribe to our RSS feed.
  • Twitter
  • StumbleUpon
  • Reddit
  • Facebook
  • Digg

Monday, 18 November 2013

Knorr-Bremse sets up truck braking systems plant in Pune

Posted on 07:20 by Unknown
Pune: German manufacturer Knorr-Bremse has set up a new plant in Pune to make complete braking systems for trucks. It has also established a technology centre for engineering design in the city.

Set up with an investment of €14 million, the facility will address the needs of the domestic market as well as serve as the leading plant worldwide for automatic slack adjusters, said Klaus Deller, a board member at Knorr Bremse. Deller is responsible for the commercial vehicle business globally.

The greenfield plant can build braking systems for 80,000 trucks per year, and production is scalable, Deller said. Referring to the current slowdown in the Indian CV segment, he added: “We don’t care exactly when the demand will pick up, but we know it will pick up. And when it does, we will be there.”

India, at present, accounts for 2 per cent of the company’s global revenue. The target is to double this in the next three years, Deller said.

Knorr-Bremse’s Technical Centre India will have over 200 engineers working on global development projects for both truck and rail systems. The building also houses a software centre for the company’s rail division.

The German company’s entry into the Indian CV component market was via a joint venture with Tata Auto Components (TACO). The alliance was broken around five years ago with the former buying out TACO’s stake. Following this, it has set up its own expanded manufacturing facility.

Later this week, Knorr-Bremse is set to open its greenfield plant for railway systems in Faridabad.
Email ThisBlogThis!Share to XShare to FacebookShare to Pinterest
Posted in | No comments
Newer Post Older Post Home

0 comments:

Post a Comment

Subscribe to: Post Comments (Atom)

Popular Posts

  • India, Japan to raise currency swap limit to $50 billion
    Mumbai: In a bid to bring stability to the financial markets, the Indian and Japanese Governments have decided to expand their bilateral cur...
  • Indo-Australia pact to train farm workers
    Chennai: India and Australia have signed a memorandum of understanding (MoU) to strengthen cooperation in training farm workers that could g...
  • FIIs infused Rs 13,000 crore in the Indian stock market during September 2013
    New Delhi: Foreign institutional investors (FIIs) have invested Rs 13,000 crore in the Indian stock market during September 2013, after the ...
  • Cabinet approves 381-km rail corridor around NCR
    New Delhi: The Union Cabinet on Thursday approved the proposal to form a company — National Capital Region Transport Corporation Limited (NC...
  • Government plans to set up 2 spice parks in Uttrakhand
    New Delhi: The Government of India plans to set up two spice parks at Sitarganj and Sahaspur in Uttrakhand with the help of Spice Board of I...
  • Reliance Power to commission second unit of 660 mw at Sasan in December
    Mumbai: Reliance Power will commission the second unit of its sasan ultra mega power project ( UMPP) in December after it successfully lit-u...
  • Opportunities for foreign players in power exchanges
    New Delhi: The Government’s decision to allow foreign direct investment through automatic route in power exchanges while retaining the cap a...
  • Jaguar Land Rover opens test centre in Dubai
    Mumbai: Jaguar Land Rover has enhanced its West Asia test programme by opening a new engineering test centre in Dubai, UAE, to conduct extre...
  • U.P. to focus on economic infra in Rs 69,200-cr Plan outlay
    New Delhi: The Plan outlay for Uttar Pradesh for 2013-14 was on Thursday finalised at Rs 69,200 crore, including Central assistance of about...
  • Bilateral agreements with countries to promote tourism
    The Ministry of Tourism, Government of India has signed Bilateral Agreements/Memoranda of Understanding (MoU) with 47 countries, a tripartit...

Categories

  • ACC
  • eastern region
  • INDIA
  • INDIAN
  • kaizen sukumar
  • Mauritius
  • NSIC
  • Paraguay
  • sukumar
  • sukumar balakrishnan

Blog Archive

  • ▼  2013 (492)
    • ▼  November (48)
      • Hero MotoCorp to roll out two-wheelers in United S...
      • France 24 TV channel signs up with DD, Dish TV
      • Knorr-Bremse sets up truck braking systems plant i...
      • Whistling Group to set up university in Gujarat in...
      • BPCL to invest $4 billion to raise refining capacity
      • Govt to set up joint task force to develop service...
      • Knorr-Bremse sets up truck braking systems plant i...
      • Biocon setting up Biotech Training Institute in Ba...
      • Centre plans 4 solar UMPPs of Rs 90,000 crore
      • PepsiCo to invest Rs 33k cr in India by 2020: Nooyi
      • ‘Closet consumers’ of luxury goods an emerging cla...
      • RBI allows investors to invest in credit enhanced ...
      • TechM wins deal from Australian firm
      • GE to make India a manufacturing hub for its globa...
      • Reliance Power to commission second unit of 660 mw...
      • India and Japan to strengthen their cooperation in...
      • Airtel launches 3G services in Bangladesh
      • HDFC Bank launches rural financial literacy initia...
      • Rs 100-cr science city project for Hyderabad
      • CRI Pumps opens unit in China
      • Chocolatier Mars brings Galaxy to India
      • RBI unveils norms for foreign banks to set up whol...
      • Mumbai top most city in internet penetration
      • India, US launch agri training programme with Africa
      • Fertiliser firms to get special bank credit of Rs ...
      • Vasan-led team heads to Japan to promote Indian ports
      • India, US launch agri training programme with Africa
      • Bharti Airtel to acquire Warid's Congo-Brazzaville...
      • Videocon-BPRL venture strikes oil in Brazil block
      • India's Mars Orbiter launched successfully
      • India-France trade can take a quantum leap: Exim Bank
      • Suven Life gets 2 product patents for NCEs
      • India's Mars Orbiter launched successfully
      • NMDC to set up pilot gold processing plant in Tanz...
      • World Trade Centre to be set up in Chandigarh
      • Three MSMEs to receive Rs 42 crore from UK govt
      • Indo-Japan trade set to grow further
      • IIMC and Queensland University of Technology sign ...
      • BHEL bags Rs 2,500-cr contract from Neyveli Lignite
      • IL&FS Engg bags Rs 675-cr deal
      • Uttar Pradesh government gets investment proposals...
      • CAG becomes member of UN audit panel
      • Kerala to build ties with Victoria Govt
      • Pharma market valued at Rs 72,069 crore: CII-PwC r...
      • Germany farm gear maker to turn India an export hub
      • India could be major manufacturing hub for JC Bamf...
      • India’s first integrated national transport portal...
      • NRI remittances touch a new high at $6.5 bn
    • ►  October (55)
    • ►  September (101)
    • ►  August (88)
    • ►  July (86)
    • ►  June (66)
    • ►  May (48)
Powered by Blogger.

About Me

Unknown
View my complete profile