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Sona BLW To Increase Production At Its Hungary Manufacturing Plant By 40%

The boost in production capacity of the manufacturing unit will result in total capacity of 3.9 million pieces per year with a targeted annual sale of 1.5 billion Hungarian, Forint.

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Indian automotive components manufacturer Sona BLW Precision Forgings Ltd (SBPFL), the flagship company of the Sona Group, has expanded its manufacturing operations in Hungary.

The company, in an official statement, said, “The Hungary manufacturing facility is a downstream process unit which will increase the production capacity by 40 percent through machining and heat treatment areas.”

The boost in production capacity of the manufacturing unit will result in total capacity of 3.9 million pieces per year with a targeted annual sale of 1.5 billion Hungarian, Forint.

The expansion of this facility will lead to reduction in cost by offsetting through cheaper labour costs and will be creating jobs for about 150 people, added the autoparts maker.

Besides the facility in Hungary, Sona BLW is present across two more locations globally - India (3 facilities) and Germany (3 facilities).

The Hungary facility is the first Greenfield manufacturing unit of Sona Group, outside India, which is spread over 4800 square meters.

Group CEO Sunjay Kapur said “Innovation and research & development are the two primary drivers leading to customer satisfaction and overall business growth. We are investing majorly in research & development and cost effective strategies.”

“Our Hungary plant expansion offers us advantages to maintain cost-efficiency, transfer of certain aspects of our production and also remain close to the market. In three years, we plan to double our production capacity at the Hungary manufacturing facility to 7.8 million pieces per year,” added Kapur.

Sona BLW boasts of 18 percent global market share in precision forged gear business.