亚博体育官网首页

Stanadyne to invest Rs 200 crore in second auto manufacturing plant
ECONOMY & POLICY

Stanadyne to invest Rs 200 crore in second auto manufacturing plant

The US-based manufacturer of car parts Stanadyne is looking into a few sites in western and northern India for the location of its second factory there. According to the company's CEO, John Pinson, an investment of Rs 2 billion is planned for this.

Stanadyne intends to treble its sales revenue from its operations in India to roughly Rs 11 billion by 2027.

For commercial and agricultural vehicles, the company makes fuel injectors and gasoline pumps. It offers them for sale to automakers like Bajaj Auto, Greaves, TAFE, and Simpson.

According to Pinson, around 30% of the company's entire global income originates from India. The US accounts for about 60% of Stanadyne's overall international sales.

Only around 25% of its overall sales in India come from domestic consumption; the remaining 75% come from exports. Currently, the Chennai plant exports goods to businesses in Turkey, the US, Mexico, China, and Italy.

According to him, Stanadyne anticipates that by 2027, domestic and export market revenues from India will account for 50% of total revenues.

鈥淭his (expected domestic growth) is due to the fact that Stanadyne India is gearing up to launch new products for the Indian emission regulations. These products will start adding to the sales revenue in a phased manner. We will also benefit due to the OEM (original equipment manufacturer) volume growth expected in India. The combined effect will be that the domestic share will contribute 50 per cent,鈥� he said.

Real driving emission (RDE) standards, which will go into effect in India in April of this year, require automakers to put a self-diagnostic device in their vehicles to track emissions in real-time.

Updating their models to include these devices will cost the auto industry a lot of money.

At the moment, Stanadyne supplies firms like Ashok Leyland, Cooper, John Deere, JCB, Kirloskar, Simpson, TAFE, Cummins, Bajaj Auto, Continental, and Greaves with its goods.

See also:
New regulations will help Indian auto component manufacturers: Report
New regulations to boost profits for auto parts companies


The US-based manufacturer of car parts Stanadyne is looking into a few sites in western and northern India for the location of its second factory there. According to the company's CEO, John Pinson, an investment of Rs 2 billion is planned for this. Stanadyne intends to treble its sales revenue from its operations in India to roughly Rs 11 billion by 2027. For commercial and agricultural vehicles, the company makes fuel injectors and gasoline pumps. It offers them for sale to automakers like Bajaj Auto, Greaves, TAFE, and Simpson. According to Pinson, around 30% of the company's entire global income originates from India. The US accounts for about 60% of Stanadyne's overall international sales. Only around 25% of its overall sales in India come from domestic consumption; the remaining 75% come from exports. Currently, the Chennai plant exports goods to businesses in Turkey, the US, Mexico, China, and Italy. According to him, Stanadyne anticipates that by 2027, domestic and export market revenues from India will account for 50% of total revenues. 鈥淭his (expected domestic growth) is due to the fact that Stanadyne India is gearing up to launch new products for the Indian emission regulations. These products will start adding to the sales revenue in a phased manner. We will also benefit due to the OEM (original equipment manufacturer) volume growth expected in India. The combined effect will be that the domestic share will contribute 50 per cent,鈥� he said. Real driving emission (RDE) standards, which will go into effect in India in April of this year, require automakers to put a self-diagnostic device in their vehicles to track emissions in real-time. Updating their models to include these devices will cost the auto industry a lot of money. At the moment, Stanadyne supplies firms like Ashok Leyland, Cooper, John Deere, JCB, Kirloskar, Simpson, TAFE, Cummins, Bajaj Auto, Continental, and Greaves with its goods. See also: New regulations will help Indian auto component manufacturers: ReportNew regulations to boost profits for auto parts companies

Next Story
Infrastructure Transport

Mumbai-Ahmedabad Bullet Train Set to Launch by 2028

India鈥檚 first bullet train is set to revolutionize high-speed travel along the western corridor, with the Mumbai-Ahmedabad high-speed rail project aiming for a 2028 launch. This announcement marks a major milestone in India鈥檚 infrastructure goals, as it promises to reduce travel time between the two economic hubs from eight hours to just three.Spanning a planned 508-kilometre stretch, the corridor stands as a flagship example of Indo-Japanese collaboration in technology and engineering. Once operational, the train is expected to transform intercity mobility and place India among the select..

Next Story
Infrastructure Transport

Mumbai-Gandhinagar Train Service Enhances Passenger Capacity

The Mumbai Central鈥揋andhinagar Capital Vande Bharat Express has increased its passenger capacity by adding four additional AC chair car coaches to meet the growing commuter demand on one of India鈥檚 busiest business corridors. This upgrade, effective from 11 May, raised the train鈥檚 seating capacity from 1,128 to 1,440 passengers, allowing it to serve 936 more passengers daily in both directions. The increase was described as a practical measure to accommodate the surging demand on the busy Mumbai鈥揂hmedabad鈥揋andhinagar route, which regularly operates at over 150 percent seat occupancy...

Next Story
Infrastructure Urban

Delhi Plans 12 Sewage Plants to Clean Najafgarh Drain Efficiently

Delhi鈥檚 ambitious plan to improve the water quality of the Yamuna River has gained significant momentum as the Delhi Jal Board (DJB) has begun work on 12 new sewage treatment plants (STPs) aimed at reducing the volume of untreated sewage being discharged from the Najafgarh Drain.This initiative forms part of the ongoing efforts to clean the Yamuna and restore the river鈥檚 health, which has long been a critical environmental issue for the national capital. Given the alarming pollution levels in the Yamuna, experts and officials consider this project a vital step toward addressing the persist..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement