Valeo, a global automotive player has set up a new manufacturing plant in Vallam near Chennai in Tamil Nadu. The new plant has a built-up area of 1,200 square metres and 1,530 square metres of total area currently has a manufacturing capacity of 500,000 units annually, with an option to increase to 750,000 units.
It will produce rear wiper motors for catering to OEM and aftermarkets worldwide.
Company Profile : Valeo Friction Materials India Ltd
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