India-based Sakthi Automotive Group builds US$ 40 million plant in Durango
India-based Sakthi Automotive Group recently broke ground in Durango to build its first plant in Mexico. An investment of US$ 40 million and the opening of 600 job positions is expected, according to a statement from the state Government.
The company will set up operations in the Durango Logistic and Industrial Center, located in the state capital, to manufacture aluminum components for braking and suspension system.
At least 20 engineers have been recruited already and sent to Michigan for training in order to work on the installation process.
Sakthi Automotive Group specializes in aluminum casting and machined parts for brakes and chassis and has presence in 14 countries. Some of its global customers are General Motors, Ford, BMW and Volkswagen.