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ATP sodarulaki maro super news-Faurecia(global lead) foundation

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Faurecia-France (Worlds top auto parts supplier) today done foundation for parts supply plant in "KIA vendor zone"...They mfg car interior in their Ammavaru Palli Auto Vendor park by ANdhra Pradesh govt...

With this global giant in AUTO parts other vendors also will follow :no1:......AUTO industry, always one giant can pull multiple vendors and that is what started in ATP....

 

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Global component and technology major Faurecia’s Interior Systems division today laid the foundation stone for a new plant at Kia Motors India’s component Vendor Park A at Ammavaru Palli, Penukonda Tensil, Anantpur district in Andhra Pradesh.

Faurecia Interior Systems will produce injection moulding and assembly for supply to Hyundai Mobis, which will make the vehicle cockpit for Kia Motors India.  

The start of production for Faurecia’s India plant is Q3 of 2019. The company aims to get the plant ready in 180 days. The plant, spread across 15,000 square metres, is to come up on a 12-acre site. Faurecia is investing Rs 50 crore in the plant, which will employ around 400 people once production commences.  

As is known, Kia Motors India is going all out with its India operations. The carmaker has laid down the structural framework for its new manufacturing facility in the Anantapur district of Andhra Pradesh. The plant covers an area of 23 million square feet and is expected to create about 3,000 jobs and produce 300,000 vehicles annually once it is fully operational. Construction of the facility began mid-2017 with an investment of about $1.1 billion (around Rs 7,050 crore)

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This is the advantage of an automobile manufacturing unit, can expect even more vendor manufacturing Unit to be setup

 

Kudos CBN for targeting automobile manufacturing area, manollu IT meda egabadi mechanical automobile engineering neglect chesaru, should start looking at those now

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Damn...We missed the VW in the past..and we paid the price...These new companies will increase the per capita income and gsdp of the state...

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1 hour ago, Jeevgorantla said:

Damn...We missed the VW in the past..and we paid the price...These new companies will increase the per capita income and gsdp of the state...

VM nu scams and lanchala tho pogottaru Botsa, Jagan and YSR. Or else so many thousands of jobs, infra and commercial activity would have got created. Loosing VW was BIG loss to us...but none of the people are realizing this because they don't know how good it woudl have done had the VW established in AP.

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43 minutes ago, Hello26 said:

VM nu scams and lanchala tho pogottaru Botsa, Jagan and YSR. Or else so many thousands of jobs, infra and commercial activity would have got created. Loosing VW was BIG loss to us...but none of the people are realizing this because they don't know how good it woudl have done had the VW established in AP.

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