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Kongsberg Automotive strengthens its presence in India by relocating its operations to a state-of-the-art plant
16 Apr 2025 07:00 CEST
Issuer
Kongsberg Automotive ASA
Kongsberg, April 16, 2025: Kongsberg Automotive (KA) has officially inaugurated
its facility in Faridabad, India-relocating from a previous plant in the same
area. This move marks a significant milestone in KA's commitment to enhancing
production capabilities and strengthening its position in the Indian market.
The new facility spans approximately 6,947 square meters, an upgrade from the
previous 5,946-square-meter plant. Located in the Greater Delhi area, Faridabad,
ensures KA's proximity to customers, re-shoring opportunities, business
continuity, and the retention of existing workforce.
"This relocation represents a significant step in KA's ongoing journey toward
growth and enhanced manufacturing excellence in India," says KA's Executive Vice
President of Drive Control Systems, Robert Pigg.
The Faridabad plant primarily manufactures Drive Control Systems (DCS)
products-cable gear shifters, steering columns, shift-by-wire shifters, shift
towers, among others. With the new facility, KA can also expand its production
capability for Flow Control Systems (FCS) products, which will not only serve
existing customers but also grow KA's business.
Media and Communications contact:
Therese Sjöborg Skurdal - Director Group Marketing and Communications
therese.skurdal@ka-group.com
+47 982 14 059
Investor Relations contact:
investor.relations@ka-group.com
About Kongsberg Automotive ASA
Kongsberg Automotive provides cutting-edge technology to the global vehicle
industry. We drive the global transition to sustainable mobility by putting
engineering, sustainability, and innovation into practice. Our product portfolio
includes driver and motion control systems, fluid assemblies, and industrial
driver interface products. Find more information at:
kongsbergautomotive.com (https://www.kongsbergautomotive.com/)
More information:
Access the news on Oslo Bors NewsWeb site
Source
Kongsberg Automotive ASA
Provider
Oslo Børs Newspoint
Company Name
KONGSBERG AUTOMOTIVE
ISIN
NO0003033102
Symbol
KOA
Market
Euronext Oslo Børs