Machino Plastics, manufacturer of automotive components which caters to Indian and cross-border industrial consumers laid the foundation stone for its new plant at Kharkhoda in Haryana on 13 May, 2024.
The plant will be located at Killa No.57/13, Sahoti-Prahaladpur Road, Kharkhoda tehsil in Sonipat district. This new plant will provide capacity enhancement and logistics requirements of Maruti Suzuki India’s (MSIL) new manufacturing plant at IMT Kharkhoda, which is expected to be commissioned by 2025-26. The facility will be set up in phases, consistent with MSIL volume forecast of one million vehicles at Kharkhoda.
The Indian automobile industry has been growing rapidly in the last decade and is expected to maintain the momentum for the next several years. Technological advances made the auto industry amongst the fast growing markets globally. Machino Plastics was incorporated in 1986 as joint-venture company of Maruti Suzuki India and Suzuki Motor Corporation-Japan.
The ceremonial stone was laid by Managing Director & CEO of Maruti Suzuki India, Hisashi Takeuchi along with key officials.