India has become a key focus of Spanish Group’s global strategy
Burgos, Spain-based Grupo Antolin says its new Global Design and Business Services office in Pune will support all the major car manufacturers worldwide in the area of Automotive interiors while it expects to add 150-250 more jobs in the coming years.
India has become a key focus market for the company’s global strategy to consolidate its position as a leading provider of automotive interior technology solutions, said the company which opened the Pune centre on 10 Nov 2022.
The company’s sales in India have grown by 47% in the first six months of the year, up to 42 million euros. Grupo Antolin expects solid growth in the coming years in India thanks to new projects with vehicle manufacturers like Skoda Volkswagen, Mahindra and Tata Motors for the areas of Door Panels, Ambient Lights and Overhead systems.
The company said the center with more than 250 employees will support all the major car manufacturers worldwide in the area of Automotive interiors including Product Design, Product Simulations, Product Lifecycle Management, Project Support, IT Support, Logistics Support and Environment Compliances.
Grupo Antolin is already present in India for the last 20 years and has more than 1,500 employees operating five plants manufacturing facilities in Maharastra, Tamilnadu, Karnataka, Harayana and Gujarat. The plants supply car interior components to all major customers such us Tata Motors, Mahindra, Volkswagen, Hyundai, Toyota, Maruti Suzuki, Honda Motors, Stellantis Group, Renault Nissan and MG Motors.
The global automotive interior market is expected to grow to US$133.78 billion in 2022 at a compound annual growth rate (CAGR) of 9.2%, according to ResearchandMarkets. It was valued at US$122.56 billion in 2021.
The automotive interior market is expected to reach US$167.90 billion in 2026 at a CAGR of 5.8%. Asia Pacific was the largest region in the automotive interior market in 2021 and is expected to be the fastest-growing region in the forecast period.
As part of its global strategy, Grupo Antolin works to integrate new technologies in the vehicle interior, from HMI functions to functional lighting, and smart surfaces with the highest perceived quality.
The company focuses on helping carmakers to develop a more advanced, technological, and sustainable automotive interior that offers passengers a unique onboard experience. This means being close to customers in the main production markets, such as India, adapting to their needs and requirements.
Grupo Antolin is one of the world’s largest manufacturers of vehicle components in the world and a global supplier of technological solutions for automotive interiors.
The company supplies the world’s leading car manufacturers through 140 factories in 26 countries. Antolin has 25,000 employees and sales of €4,055 million in 2021. Grupo Antolin offers high added value products via four Business Units: Overheads, Cockpits & Doors, Lighting & HMI, and Electronic Systems. fiinews.com
