15 Feb Hero Motors opens a new transmission facility in Thailand to become a complete system supplier, providing Powertrain solutions for ICEs and EVs
The inauguration of the new transmission facility of Hero Motors Thai, a new milestone in Hero Motors. Journey took place on 19th Jan 2023. The event was presided over by Mr. Pankaj Munjal, Chairman of Hero Motors Company (HMC) Group, chief guest Mr Andreas Schuster-Woldern, VP Purchasing and Supplier Network from BMW and in presence of senior executives from Thailand Government, customers and strategic partners.
Hero Motors Thai is a part of the Global footprint Expansion Journey and upscaling plans to become a complete assembly supplier, providing Powertrain solutions for ICE and Electric vehicles.
“This state of art manufacturing facility is a part of our strategic step to localize Powertrain solutions in ASEAN Region to cater to domestic as well as Global market” said Mr. Amit Gupta, CEO of Hero Motors. He added, “E-Mobility is the future of Automotive industry and ASEAN will play a crucial role by being a Global Automotive Manufacturing Hub. Currently, ASEAN is the fourth-largest exporting region in the world, approaching 4+ Millions of vehicles manufactured annually. We are looking forward to serving better, our existing customers in the region and benefit from the growing automotive market in ASEAN.”.
Mr. Andreas Schuster-Wolden, Vice President Purchasing and Supplier Network from BMW, remarked, “Hero Motors has been a long-time supplier partner for us. We are excited for Hero Motors as they expand their manufacturing footprint with this facility. Considering the proximity and their track record in meeting the high quality & delivery standards, we believe this facility will take our partnership to next level”.
Mr. David Hancock, CEO & President of Enviolo remarked, “we are procuring half of million of CVT hubs from Hero Motors. They honored their commitments through uninterrupted supplies even during pandemic period”.
Mr. Chandra Shekhar Mittal, COO of Gears and Transmission business division in Hero Motors commented, “With growing business from our global customers and year-on year additions
in capacities to our operations footprint in India, we took a strategic step to expand our footprint in ASEAN and today, despite pandemic related challenges, we managed to execute the setup of the facility as per plan”. Hero Motors Thai plant is a world-class facility situated strategically at the Asia industrial Estate, the Largest Industrial Estate near Suvarnabhumi airport and will start production in Q1 2023 with a capacity of 25,000 gearboxes and 1.2 million individual gears components annually, expandable to almost 3 times. This facility is equipped with best-in-class machines and technology with semi-automated assembly lines, inhouse soft and hard machining of gears, heat treatment facilities with End-of-Line testing of Powertrain systems, EDU and Engine requirements in a phased manner. With Hewland expertise, this facility will be offering “build-to-print”, “design-to-cost” and “custom-made” Powertrain solutions to OEMs.
About Hero Motors
Hero Motors is part of the HMC Group (www.hmcworld.co.in), a diversified conglomerate with interests in automotive components, e-mobility, cycles, real estate and premium retail. The HMC Group has a $1.2bn asset base and employs over 7,500 people across the globe within cycle giant Hero Cycles, auto parts manufacturing companies ZF Hero Chassis Systems Pvt. Ltd and Munjal Kiriu Industries Pvt. Ltd., hospitality arm Munjal Hospitality, and luxury home décor products company Oma Living.
Hero Motors Ltd. (www.heromotors.com) is into auto components and has majority of its business for export with iconic customers in Europe and North America. Hero Motors has three divisions which includes
• Transmission: Products include Transmissions, Gears and related components. Has ~85% business in the EU, US & ASEAN with manufacturing locations in India (Hero Motors Limited), UK (Hewland Engineering) and ASEAN (Hero Motors Thai)
• Bike Power Train – Products CVTs for E bike, motors in HYM drive systems and complete EDU system in Hero EDU Systems. It is currently entirely an export focused business with manufacturing based out of India. The next phase will involve setting up a facility in Europe
• Alloys & Metallics – Major operations are in India for domestic customers. HM has recently set up a state-of-the-art facility for alloy products and is working with customers in the EU for their EV chassis requirements.
No Comments