Major Expansion Plan
Under the investment blueprint, OP Mobility will expand its Indian manufacturing network from five existing facilities to 10 plants. The expansion strategy also includes establishing a new technology development centre, positioning the company to capitalise on India's rapidly expanding automotive sector, which ranks among the fastest-growing globally.
"OPmobility is accelerating its development in India, the world’s third-largest automotive market, where the group aims at more than doubling its sales by 2030. Already operating five plants in India, OP Mobility inaugurates today the facility in Badhalwadi, in the State of Maharashtra, and has started construction of plant in Kharkhoda, in the State of Haryana," the company recently said in a statement.
"Alongside these plant openings, OPmobility is reinforcing its local capabilities across engineering, digital and software development to serve customers in India and around the world."
The company currently generates approximately $250 million in annual revenue from its Indian operations. Its client portfolio includes prominent automobile manufacturers operating in the country: Maruti Suzuki, Hyundai, Kia, Mahindra & Mahindra, the Renault-Nissan alliance, the Škoda-Volkswagen group, and Jaguar Land Rover.
