Autoliv has announced its plan to build a new inflator manufacturing plant in India, focused toward supporting its strong Indian market position, it said.
Autoliv India has its corporate office, Engineering Centre, and Airbag facilities in Bangalore. The new inflator plant will be built close to Chennai and will serve Indian demand. The localization of inflator production will meet customer requirements while mitigating global supply chain disruptions and fluctuations. The new inflator plant will further encourage sustainable market growth in India from global and local OEMs, Autoliv said.
Autoliv entered the Indian market in 1994 and now has six facilities.
“The establishment of the new inflator plant is another milestone of Autoliv’s development in India, demonstrating our strong commitment to customers and to the Indian market,” said Joydeep Roy, Autoliv India President and Managing Director. “We are optimistic about the business prospect here. We will continue our dedicated work of leading the way to Saving More Lives in India and being a trusted supplier and partner to our customers,” he added.