Autoneum Expands Presence in Asia's Automotive Market

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Autoneum Expands Presence in Asia’s Automotive Market

Posted by: Baris Karapinar
Category: ESG News

Autoneum, a global automotive supplier headquartered in Winterthur, is expanding its presence in Asia with two new production facilities in China and India. These expansions align with the company’s strategic focus on sustainable growth, particularly in key Asian markets.

In China, Autoneum’s new plant will be located in Changchun, Jilin province, a major automotive hub. This 5,000 square meter facility, set to commence operations by the end of 2024, will cater to the demands of both local and international vehicle manufacturers. It will produce lightweight components for various types of vehicles, supporting the industry’s commitment to sustainable mobility.

Similarly, in Pune, India, Autoneum will inaugurate a new facility in the second quarter of 2024. Spanning 7,500 square meters, this site will manufacture a range of automotive components, including carpet systems, interior trim, and noise protection elements.

These expansions mark Autoneum’s dedication to meeting the increasing demand for eco-friendly automotive solutions in Asia. Andreas Kolf, Head of Business Group Asia, emphasizes the importance of these ventures in strengthening Autoneum’s position in this vital growth market. With a focus on sustainability and growth, Autoneum aims to contribute to the region’s automotive industry while boosting its own revenue and earnings in the medium term.

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