US-based automotive supplier Inteva Products LLC on Friday announced its plans to expand capacity at its Chakan plant in Pune to meet the rising demand in the domestic automotive industry.
This expansion, which is expected to come up at an investment of USD 3.3 million, will create 100 new jobs also, India Inteva Products said.
The company's sole facility manufactures automotive components such as side door latches, liftgate latches, window regulators and motors for window regulators for leading Indian automakers.
"As part of this expansion at the Chakan plant, we are adding five new assembly lines, which will take the total number of assembly lines to 17. This will help us increase our window regulator capacity to 6.3 million units by the end of next year," Sanjay Kataria, Vice President and Managing Director of Inteva India told PTI.
Kataria said besides this, the production capacity of motors for window regulators, which is 8.1-million units at present, will be enhanced to ...