Piolax India, a subsidiary of Piolax Japan, has inaugurated its factory in India which will commence commercial production shortly.
A leading manufacturer of automotive parts such as industrial fasteners and compact units, Piolax is currently present all over the world with manufacturing plants in the US, the UK, China, Thailand and now India. In fact, it is the market leader in the production and sales of coil springs, flat springs, wire forms, metal/plastic fasteners and unit assembly parts for the automotive, consumer & security and medical sectors.
“We are happy to note that out of the 12 plus Japanese companies inside Sri City, Piolax is the third to commence production with the others in various stages of construction or planning. Piolax is spread over four acres, and we expect to employ 200 people in phases,” said Mr. Ravindra Sannareddy, Managing Director, Sri City.
“With production commencing, the added advantage of having other Japanese firms inside Sri City will be more beneficial to Piolax,” he said.
The factory was inaugurated in the presence of officials from Nissan, Ashok Leyland Nissan, Renault Nissan, INABATA, Honda and MothersonSumi. Mr. Ramesh Subramaniam, President, Sri City, was also present.
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