Pune, India, November 8, 2024 - Inteva Products LLC, a global leader in automotive systems and components, today announced an expansion of its manufacturing facility in Chakan, Pune. The $3.3M investment will significantly increase production capacity and operational efficiency, aligning with the company’s growing commitment to meeting the rising demand in India’s rapidly expanding automotive sector.
This expansion will result in a 70% increase in the plant's production space, growing to 85,000 Sq-ft. In addition to the expanded production area, the facility will also see the construction of an additional 26,000 Sq-ft of office space. This will allow Inteva to install new production lines for window regulators, latches, and window regulator motor assemblies, positioning the company to better serve its existing customers and enhance supply chain capabilities in India.
Significant Economic Impact: 100 New Jobs and Local Growth
The expansion is expected to create 100 new jobs in Pune, directly benefiting the local workforce and contributing to the economic growth of Maharashtra. With a focus on local talent, Inteva’s commitment to job creation aligns with India’s push for self-reliance in the automotive manufacturing sector. This move is also a testament to Inteva’s long-term investment in the region, reflecting the company's strategy to support India’s growing role as a global hub for automotive manufacturing.
“This expansion reflects Inteva’s ongoing commitment to the Indian market, which is critical to our global growth strategy,” said Gerard Roose, President and CEO of Inteva Products. “As demand for high-quality automotive components continues to rise, we are proud to increase our capacity to better serve our customers while creating valuable local employment opportunities.”
Strengthening the Supply Chain for Major Indian and Global Automotive Players
Inteva’s Pune facility manufactures essential components including side door latches, liftgate latches, window regulators, and motors for window regulators for leading Indian automakers such as Mahindra & Mahindra, TATA Motors, Stellantis, Volkswagen (VW), Hyundai, MG Motors, and Force Motors. The plant is also a critical supplier to the global automotive supply chain, exporting window regulator motors to markets in South Africa and North America.
Sanjay Kataria, Vice President and Managing Director of Inteva India, added, “With this expansion, we’re able to offer our customers even more localized, high-quality automotive components that meet their evolving needs. Our investment in advanced manufacturing capabilities here in Pune underscores our commitment to excellence and innovation.
Inteva’s Longstanding Commitment to India
Inteva Products first began operations in Pune in 2008 and moved to its greenfield plant in Chakan in 2012. Since then, the company has built a reputation for delivering high-tech automotive solutions with an emphasis on quality, efficiency, and sustainability. Inteva also operates a technical center in Bengaluru, employing approximately 320 staff which includes 181 are engineers, which supports both global and Indian operations with advanced product development and engineering expertise.
As the Indian automotive market continues to grow, Inteva is strategically positioned to meet the demand for innovative, high-quality components for both domestic and global customers. The company’s investment in India is part of a broader strategy to bolster its manufacturing footprint in emerging markets, contributing to both global automotive supply chains and local economies.
About Inteva Products:
Inteva Products is a leading global automotive supplier providing innovative, reliable, environmentally friendly products that enhance vehicle quality, safety and performance. Inteva has global resources for design, engineering, manufacturing and customer service for Closure Systems, Interior Systems, and Motors & Electronics. Formed in 2008, the tier-one supplier is focused on achieving sustained global growth, providing excellent customer service, and driving innovation. Inteva was founded on innovative solutions and the use of applied technology to drive value-based solutions. The company employs more than 8,000 people in 30 sites and maintains its World Headquarters in Troy, Michigan USA.