Yamuna Expressway Industrial Development Authority (YEIDA) has issued a Letter of Intent (LoI) to Samvardhana Motherson International Ltd (SAMIL) to set up an automotive parts factory in Noida. The automotive components manufacturing facility will spread over an anticipated 150 Acres in Sectors 6 and 7.
The SAMIL automotive facility will have an estimated investment of 3,491 INR-Crore. The proposed facility will manufacture a wide range of automotive components, including wiring harnesses, PVC-insulated wires, outer rear-view mirrors, and exhaust systems. The manufacturing plant will also comprise interior and exterior mirrors along with automotive lighting systems. Additionally, the facility will also undertake the manufacturing of cutting tools, aerospace components, injection-moulded products, and advanced tooling solutions.
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Furthermore, the SAMIL automotive facility will be developed as an integrated manufacturing complex. It will have infrastructure for design support, precision tooling, component manufacturing, sub-assembly, final assembly, and product testing. Moreover, the facility is expected to streamline manufacturing operations, improve production efficiency, and strengthen the automotive component supply chain in the region.
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Disclaimer: The information herein is based upon information obtained in good faith from sources believed to be reliable. All such information and opinions can be subject to change. Furthermore, the image featured in this article is for representation purposes only. It does not in any way represent the project. If you wish to remove or edit the article, please email editor@biltrax.com.
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