ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • India
    • Economy
    • Politics
    • Markets
  • World
    • Economy
    • Politics
    • Markets
  • Companies
    • Auto
    • Banking & Financial Services
    • Pharma
    • Energy
    • Infrastructure
    • Media
    • IT
    • Telecom
    • Consumer Products
    • Aviation
    • FMCG
  • Personal Finance
    • Income Tax Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • Home Loan Calculator
  • Mutual Funds
  • Technology
  • Automobile
    • Cars
    • Bikes
  • Small Business
    • SME
    • Startups
  • videos
  • photos
  • Authors
  • More ...
    • VIDEOS
    • PHOTOS
    • AUTHORS
Home » India News

Adient to invest USD 30 mn for prototyping facility in Pune

  • Twitter
  • Facebook
  • GPlus
Updated: Wed, Nov 15, 2017
09:58 pm
PTI
RELATED NEWS
U.S.-China trade talks to resume next week, Trump hints at extension U.S.-China trade talks to resume next week, Trump hints at extension
U.S.-China trade talks to resume next week, Trump hints at extension U.S.-China trade talks to resume next week, Trump hints at extension
Citigroup CEO gets $24 million as compensation in 2018 Citigroup CEO gets $24 million as compensation in 2018
Progress in U.S.-China trade talks sparks world stock rally Progress in U.S.-China trade talks sparks world stock rally
Oil rises over two percent to 2019 highs on tightening supplies Oil rises over two percent to 2019 highs on tightening supplies

Global automotive seating solutions provider Adient will invest USD 30 million to set up a prototyping and testing facility in Pune.

The facility, the largest of its kind to come up in the country, will be functional by late next year, Adient's vice-president for engineering and chief technical officer Detlef Juerss said here.

The ground-breaking ceremony for the facility, which will come up in a 20,000 square metres area, took place yesterday, he said.

The upcoming facility will be in addition to the Irish company's existing technical centre here, which employs around 850 engineers and contributes majorly to Adient's global industrial design operations, he said.

"This investment of USD 30 million is an important milestone for us as we optimise our engineering footprint around the world to deliver global products and innovation capabilities wherever our customers are," Juerss said.

With this new facility, Adient will be able to fully execute product development, including design and product validation, for global and local launch markets in Pune, all backed by cutting-edge infrastructure that will be helpful to the domestic automotive industry, he said.

The Dublin-headquartered company sells one in three automotive seats in the world and works with all major automakers and vehicle classes.

 

(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)

TAGS:
Economy
RELATED NEWS
U.S.-China trade talks to resume next week, Trump hints at extension U.S.-China trade talks to resume next week, Trump hints at extension
U.S.-China trade talks to resume next week, Trump hints at extension U.S.-China trade talks to resume next week, Trump hints at extension
Citigroup CEO gets $24 million as compensation in 2018 Citigroup CEO gets $24 million as compensation in 2018
Progress in U.S.-China trade talks sparks world stock rally Progress in U.S.-China trade talks sparks world stock rally
Oil rises over two percent to 2019 highs on tightening supplies Oil rises over two percent to 2019 highs on tightening supplies

LATEST NEWS

Wall Street rallies on trade optimism

Dena Bank will be out of the PCA list by March 2019: Karnam Shekhar

Gold futures up 0.34% on global cues

Get Rs 3000 pension! Pradhan Mantri Shram Yogi Maan-Dhan (PMSYM) makes it possible; what you can get - explained

U.S.-China trade talks to resume next week, Trump hints at extension

UN appoints Indian as Controller and ASG for this role - check details

Stock Alert! This private bank will give you 61% returns ahead; do you have it in your kitty?

PACL Refund Online: Check helpline number for Pearls investors

BSF Recruitment 2019: Apply for 1700 vacant posts with salary over Rs 69,000

Xiaomi Redmi Note 7 India launch on February 28: What you can expect from this latest smartphone

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • Amazon Prime Day
  • Income Tax
  • Bharti Airtel
  • NPA
  • Home Loan

Trending Topics

  • Farm Loans
  • 7th Pay Commission
  • Sanitary Pads
  • National Stock Exchange
  • GST

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • DNA
  • WION
Copyright © Zee Media Corporation Ltd. All rights reserved