NEW DELHI: Magnetiti Marelli S.p.A, the auto component maker of Fiat Group, recently launched automated manual transmission in India (AMT) and Maruti Celerio and plans to more than double its sales in India over the next three years from the current €160 million. Not seen. Reaching 400 million euros (about Rs 300 crore).

The company also expects the Indian division’s contribution to global sales to start increasing from around 2% to 4% by 2018, by 2018 2000. It is expected that by 2018 2018. Global sales will increase to €10 billion, starting from €65 million last year.

Encouraged by the success of AMT in other components, the company set up two new plants in India to produce automotive lighting and AMT.

The Italian parts maker is investing about Rs 15 crore to build a new plant in Manesar, India, to produce AMTs, which is expected to be operational by the end of this year, executives said.

Magneti Marelli President and CEO Eugenio Razelli “We expect to start with one production line, then a second, and by the third quarter of the fiscal year 2016 production will reach 20,000 Taiwan.” In India, localization is very important to make the system more competitive and we expect to be 100% localized soon.” He added.

AMT will be formed by the company in 2008 The first joint venture signed with Maruti Suzuki India to manufacture engine control units (ECUs) for Maruti Suzuki, Tata Motors and Volkswagen. Since 2008, the company has invested Rs 75 crore to set up 10 plants.

Mareilly owns 51% of the joint venture, Suzuki 30% and Maruti 19%. Currently, the component company imports AMTs and supplies them to Maruti Suzuki and Tata Motors. We plan to acquire two new customers by the end of this year.

In 2014 2000, we sold 270,000 AMTs, including OEMs. the company is setting up another plant in Gujarat to manufacture automotive lighting, which is expected to be completed in the third quarter of 2015-16.

“Many of our customers have already moved there, so it is very important for us to manufacture there, and we will start with 50,000 people at the plant Razelli said, “Vehicle capacity to start with, and increase it further as per the demand.” .

The company produces automotive lighting at its Pune plant through the same joint venture with Motherson Group, an Indian component manufacturer. It is also associated with Motherson. Another joint venture to manufacture shock absorbers has been set up.

The component makers have made a major technological leap in the two-wheeler segment. On Wednesday, they started manufacturing Electronic Fuel Injection (EFI) in a joint venture between Manesar and leading two-wheeler manufacturer Hero MotoCorp.

The final product of the joint venture will be an integrated module that replaces the carburetor in the module and will be equipped with Electronic Fuel Injection (EFI).

Hero MotoCorp joined the joint venture in December of 2013. The plant will also produce additional features such as anti-theft devices, traction and slide control, multi-mapping, flex-fuel and multi-fuel management, which will also provide technology.

“This is a huge opportunity for us because Hero MotoCorp it plays an important role here and grows globally. Of course, the joint venture will also sell products to other two-wheeler manufacturers,” Lazzeri said.

“Obviously, the market is very price sensitive and the technology options offer good performance at low cost, which is why we have integrated the entire EFII He added that the system into lighter and smaller modules.

Most of the premium two-wheelers in India are equipped with EFI system while others are equipped with carburetor. Hero Honda was first introduced in 2006 with the Glamour EFI, which was probably the first motorcycle under 150ccc to use the technology. Apart from the production line, the factory also has a quality inspection laboratory.

In 1993, the European Commission imposed a ban on carburetors and the market shifted to EFI technology, as it did in other developed countries. Razelli said, “It may take time to issue such legislation in India, but once the first EFI models hit the market, there will be a market in India.” .