Meritor Inc. in Troy has opened a new $36.5 million axle assembly facility at Automotive Axles, its joint venture with Kalyani Group, along with a R&D center in India.
“As our global business continues to grow, the new facilities in India will support Meritor’s M2022 strategic plan to protect and grow our market-leading positions with best-in-class products and services,” says Jay Craig, CEO and president for Meritor. “They are strong assets that will position us for future growth in the region.”
The new facility expands Meritor India’s production capacity by 25 percent. The center will focus on testing and validation of Meritor’s domestic and global product solutions.
Meritor India’s 18-month project to expand its capacity and capabilities supports the corporation’s M2022 plan by focusing on growing revenue, enhancing profitability, maintaining manufacturing excellence, and delivering customer satisfaction. The company supplies drivetrain, braking, and suspension systems for on-highway, off-highway, and military applications. It has recently expanded its presence into Sri Lanka, Bangladesh, and Nepal.
“This investment in our business and expansion of our capabilities significantly enhances our ability to support customers as our markets continue to show growth in the long term,” says Thimmaiah Napanda, vice president and managing director of India and Australia for Meritor.
Meritor’s joint ventures with the Kalyani Group are Meritor Heavy Vehicle Systems (India) Ltd., which builds drivetrain solutions for heavy commercial, military, and off-highway applications, and Automotive Axles Ltd., which makes drive and non-drive axles, front steel axles, specialty and defense axles, and drum and disc brakes.
Meritor Inc. is a global company specializing in drivetrain, mobility, braking, and aftermarket solutions for commercial vehicles and industrial markets. It has operations in 19 countries.
Kalyani Group was established in the 1960s and is an Indian multinational with technology, engineering, and manufacturing capability in sectors such as engineering steel, automotive, industrial, renewable energy, urban infrastructure, and specialty chemicals. It has a manufacturing footprint in India, Germany, Sweden, France, and North America.