Khed, Pune, Mumbai, April 18, 2018
Kalyani Transmission Technologies Limited (KTTL), division of Kalyani Technoforge Limited (KTFL) inaugurated its world class manufacturing facility in Khed SEZ, Pune. The plant was inaugurated by Cor van Otterloo, CEO, Punch Powertrain in the presence of Amit Kalyani, Executive Director, Bharat Forge; Ravi Nagarkar, CEO, KTFL and senior members of the Kalyani Group.
This facility set up with investment of over Rs 2 billion and spread over 6 acres will focus on transmission components for passenger vehicles globally.
Keeping pace with the significantly changing market requirements, this facility is fully equipped for manufacturing high performance gears and components to meet the NVH requirements of next generation CVT, DCT, hybrid and EV transmission.
With end-to-end capabilities, existing expertise and leadership in supplying forgings for transmission components, the company envisions formulating a forward integration strategy to achieve excellence in fully-finished powertrain components and sub-assemblies.
Commenting on the inauguration, Ravi Nagarkar, CEO of Kalyani Technoforge said “By exploring the value chain of Kalyani Group ie clean steel manufacturing, precision forging and this forward integration using high technology gear machining coupled with low pressure vacuum carburising under one umbrella will provide us competitive advantage to produce high quality noise free gears, transmission products and sub-assemblies.”
Commenting on the inauguration, Amit Kalyani said “The Kalyani Group is now entering into new products for the emerging electric and hybrid vehicles as well as the next generation passenger cars for the Indian and global market.”
At full capacity, the facility will employ more than 300 personnel with turnover in excess of Rs 5 billion by 2022.
Part of the $ 3 billion Kalyani Group, KTFL is one of India’s leading auto component supplier with 3 manufacturing facility and turnover of over Rs 7 billion. Engaged in the manufacturing of world class forged and machined products for various automotive customers, the company is committed to adhering highest standards ofexcellence, quality and customer satisfaction. KTFL has adopted green technology (energy efficient processes) as a step towards reducing carbon footprint.