Denso to build parts plant in India

JIJI

Denso Corp., a major auto parts maker, said Monday it will spend about 2.7 billion rupees (¥4 billion) to build a new plant in the northern Indian state of Haryana.

Construction will begin this month and the plant will start operations in July next year, company officials said.

The plant will manufacture small motors for windshield wipers and power windows, and engine cooling modules, for automakers that have production bases in northern India, including Suzuki Maruti and Tata Motors.

Denso India Ltd. in the suburbs of Delhi currently produces such auto parts.

The Japanese parent, partly owned by Toyota Motor Corp., decided to shift the production to the new plant to have Denso India focused on alternators and starter motors to meet rising auto demand in the emerging economy.