Imperial Auto Industries,an auto component company and manufacturer of fluid transmission products,has set up a new manufacturing unit at Chakan.
The unit was inaugurated by Rajan Wadhera,chief executive,technology,product development and sourcing,Mahindra and Mahindra limited last week. Jagjit Singh,chairman,S B Sardana,managing director,Imperial Auto Industries were present on the occasion.
Speaking on the occasion,Rajan Wadhera,said,The coming of Imperial Auto close to Chakan plant will not only help us in saving on the logistics and inventory carrying costs but will also facilitate better control over supply chain.
We have been encouraging suppliers to be part of our suppliers park,have a satellite unit or have a plant in the vicinity of our Chakan plant. So far over a dozen suppliers have come to Pune of which six are part of our suppliers park,located within Chakan plant premises, he added.
Singh said,This is our fourth plant in Pune and will strengthen our ties further. We have invested over Rs 25 core in setting up the plant.