On September 25, it was reported that NIFCO inaugurated its second plant in Chihuahua, Mexico, following an investment of approximately USD 8.8 million to expand production capacity for current and future automotive programs.
The new facility includes plastic injection molding, manual and automated assembly, material
On February 12, Karnataka hosted the Invest Karnataka 2025 Global Investors Meet, bringing together policymakers, industry leaders, and investors. The event saw a total of 15 Japanese firms sign memorandums of understanding (MoUs) and pledge INR 75 billion to the Karnataka government.
Toyota Kirloskar Motor Private
The Minister for Commerce & Industries, Karnataka announced that NIFCO Korea will invest INR 2.88 billion in the state and signed a memorandum of understanding with the state government. NIFCO plans to gradually commence its operations over 5 years. The venture is expected to create over 400 jobs. (Based on the Minis
Nifco Inc. (Nifco) announced that it has started production of a plastic-based ABS actuator bracket which was jointly developed with Toyota Motor Corporation. The product is the Japan’s first plastic based ABS actuator bracket, and is installed on the Toyota bZ4X and Subaru Solterra. The product, which takes advantag
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