Korean Auto-Component Manufacturer Expands in India

auto-component manufacturer and supplier

The company is one of the leading Korean auto-component manufacturer and supplier to Maruti and Hyundai in India.

Project Details

The company is setting up its second manufacturing plant in Tamil Nadu with an investment of $ 15 mn, that would employ over 200 employees.

Korea Plus Facilitation

Korea Plus supported the company with location assessment and facilitated site visits and meetings with State Government officials in Tamil Nadu to identify suitable land for their project. Thereafter, the team supported the company to apply for Single Window approval process and expedited the same. The company is in the process of constructing its factory in Tamil Nadu and is expected to commence production in 2018.