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US-based Inteva Products to boost capacity at Chakan facility to meet growing demand
Automotive Industries - Nov 12,2024 -Inteva Products, a leading US-based manufacturer of automotive components, has announced plans to significantly expand the production capacity of its Chakan facility. This move is aimed at addressing the rising demand for its products in the automotive sector, particularly in India.
The expansion will enable Inteva to better serve its clients and strengthen its market position in the region. The Chakan plant, located in Maharashtra, is one of the company’s key production sites. It manufactures a range of interior and exterior automotive components, which are crucial for vehicle performance and aesthetics.
The company’s decision to ramp up production is driven by the growing demand for high-quality automotive parts, as well as the increasing need for innovation in vehicle interiors and exteriors. By expanding its capabilities, Inteva plans to support the increasing production requirements of both domestic and international automotive manufacturers.
Inteva Products has stated that the capacity expansion will involve both infrastructure upgrades and investment in advanced manufacturing technology. This will allow the company to enhance its production efficiency while maintaining the highest standards of quality.
This expansion is a part of Inteva's broader strategy to solidify its presence in the Indian automotive market and align with the industry's growth trajectory. With the rising demand for technologically advanced automotive components, Inteva aims to position itself as a key player in the competitive landscape.
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