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Feintool begins construction work for plant in India

Manufacturing  -  Sep 27,2024  - 

Feintool System Parts India has commenced work for its first Indian production site.

With an initial investment of CHF 15 million, the company is moving closer to long-standing customers who are already producing in the region and is, furthermore, reducing the CO2 footprint thanks to significantly shorter delivery routes.

Marcel Pernici, President Feintool Asia said,"With our new production site in Pune, we are continuing Feintool's success story in Asia. I am particularly pleased to be building on long-term customer relationships in India and start producing high-precision components for the automotive sector as soon as the site is operational."

“The ground-breaking ceremony in Pune integrates seamlessly into our expansion plans in India. Alongside the construction of the new plant, we are recruiting specialists and will train them in Feintool technologies. I am very confident that Feintool will be operating successfully in India very soon, and offer our customers the added value that they have been accustomed to internationally for decades,"he added.

Feintool plant in Pune is expected to start producing high-precision components, such as seat adjusters for various major automotive manufacturers, as of summer 2025. Feintool is the global market leader for these fineblanked parts.

 

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