Tyre Pressure Monitoring Systems to monitor the vital statistics -pressure & temperature
Wants to kick start a new industrial revolution and employment in Valley
To manufacture large Aluminum Structural Components
Larger footprint and new center for manufacturing operations
The light commercial cargo vehicles to hit the market by early next year
Reflecting 14.4% EBITDA margin
Earnings after tax increases by 65% to €792 million
Located in Chennai One, part of one of the Chennai Special Economic Zones
Represents Magna’s first investment in a complete vehicle manufacturing facility outside Europe.
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