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Sogefi opens new suspension components plant in India

Sogefi opens new suspension components plant in India Sogefi S.p.A. announced that it has launched a new suspension components plant in Chakan, Pune area, India. More specifically, through its 58% controlled subsidiary Allevard IAI (in which the Indian partner Imperial Auto has a 42% interest), the group has inaugurated a plant of 12 thousand square meters for the production of stabilizer bars and torsion bars. The new plant will initially be sup...

News Updated at: 2012/07/04

Sogefi group and the Imperial Auto group, an automotive component supplier in India, have finalized a joint-venture agreement. The two parties will establish a new company named Allevard IAI Suspensions for the production of suspension components in India. Sogefi will own 51% of the company. The JV will produce stabilizer bars at a new plant in the Pune area for motor vehicles manufacturers operating in the Indian market. Sogefi's planned investm...

News Updated at: 2010/09/02