The joint venture of Spanish auto coponent manufacturer Groupo Antolin and its Japanese alliance firm, Kasai Kogyo, Antolin Kasai-Tek (AK-Tek) has inaugurated its manufacturing plant at Sriperumbudur near Chennai, the capital city of the south Indian state of Tamil Nadu.
The JV will make vehicle door panels and other plastic components for the Renault-Nissan Group. It may be recalled that the Spanish-Japenese formed a strategic alliance in 2012 to set up a manufacturing plant, eyeing the burgeoning Indian automobile industry. Besides having cohesive focus on Renault-Nissan joint venture, the company would also be exploring the opportunity to add more clients to its India roadmap. Ernesto Antolin, Vice President of Antolin Group and Kuniyuki Watanabe, President of Kasai Kogyo jointly inaugurated the plant. The 50:50 joint venture has come up near one of the three existing Antolin auto component manufacturing plants, with an investment of ten million euros. The AK-Tek joint venture is aiming at achieving an estimated turnover of 9.3 million by next year.
Global growth
Antolin is contemplating on foraying the supply partnership is to boost its global turnover, more particularly in plastics component production and further catering to the specific customer interest. The partnership is being operated from Grupo Antolin's plant at Shanghai in neghbouring China. Similarly, the alliance would set up manufacturing facilities in destinations, where it is already present and that includes Brazil, China, Mexico and Russia, according to a company statement.
Spain plant expansion
As part of its strategy of going closer to its clients, Grupo Antolin is ramping up a just in time modular headliners factory it had esttablished in Spain in 2012, specifically in supplying parts to Ford's car manufacturing facility at Valencia in Almussafes. The Antolin plant is functioning from the US car maker's Rey Juan Carlos I Supplier Park, near the conveyor that shifts the headliners in sequence to Ford's assembly unit. Although, the first assembly line at JIT facility commenced back in October last year, supplying Ford Kuga headliners. Subsequently, it established a second assembly line in the same location catering to Ford C-Max. What is more, this unit was shifted from Antolin-Autotrim in order to be near the Ford conveyor. Furthermore, the JIT factory will have an addition of one more assembly line catering to the forthcoming Ford Transit Connect project, as a result of Ford Europa restructure programme, according to Eernesto Antolin.
Global growth
Antolin is contemplating on foraying the supply partnership is to boost its global turnover, more particularly in plastics component production and further catering to the specific customer interest. The partnership is being operated from Grupo Antolin's plant at Shanghai in neghbouring China. Similarly, the alliance would set up manufacturing facilities in destinations, where it is already present and that includes Brazil, China, Mexico and Russia, according to a company statement.
Spain plant expansion
As part of its strategy of going closer to its clients, Grupo Antolin is ramping up a just in time modular headliners factory it had esttablished in Spain in 2012, specifically in supplying parts to Ford's car manufacturing facility at Valencia in Almussafes. The Antolin plant is functioning from the US car maker's Rey Juan Carlos I Supplier Park, near the conveyor that shifts the headliners in sequence to Ford's assembly unit. Although, the first assembly line at JIT facility commenced back in October last year, supplying Ford Kuga headliners. Subsequently, it established a second assembly line in the same location catering to Ford C-Max. What is more, this unit was shifted from Antolin-Autotrim in order to be near the Ford conveyor. Furthermore, the JIT factory will have an addition of one more assembly line catering to the forthcoming Ford Transit Connect project, as a result of Ford Europa restructure programme, according to Eernesto Antolin.
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