The company has increased the production capacity of hydraulic power steering gears from 3 lakh to 3.75 lakh units per annum at Shirur (Pune) plant
Widening charging infrastructure and the government's incentive under FAME India scheme are expected to push the demand for electric and hybrid cars demand in the country
The new plant will integrate Magneti Marelli's activities related to suspension systems and plastic components and modules in China
Archaic labour laws, poor infrastructure and inland logistics services are major impediments for growth, says an Assocham-Roland Berger joint study