India's automobile major Mahindra and Mahindra on Tuesday opened its new manufacturing plant with a capital outlay of USD 230 million in the world's car manufacturing hub Detroit. The car capital in the North Western part of the US got its first automotive production facility in 25 years.
The new plant will create 250 new jobs in the US."It is pretty rare and extraordinary," said Michigan Lieutenant Governor Brian Calley at the Mahindra automotiveplant launch event in Detroit metropolitan area.
"You are an important and vital part of the resurgence of Detroit," he told Mahindra employees and top officials including its head Anand Mahindra. Mahindra said that his company is committed to growing the Mahindra brand in North America and Michigan.
"This building opening represents our company's growing presence in North America and locally in the Metro Detroit area where we have tripled our workforce during the past 18 months," he said.
In few weeks from now, the new facility will produce an off-highway vehicle which will extend Mahindra's current position in this growing segment.
Designed and engineered by Mahindra Automotive North America (MANA), the vehicle promises to be unlike anything currently on the market, he said.
"This expansion represents a milestone for us and for Michigan. We started this operation with seven people four years ago -- to be crossing the 250 mark is a testament to the hard work of our employees and what this region has to offer in terms of top automotive talent," said MANA president and CEO Richard Haas at the inaugural event.
By 2020, additional planned projects will result in 400 more jobs and another USD 600 million in local investment over that same period.
In addition, MANA will continue to provide Metro Detroit- based engineering support for new vehicle platform development for India and global markets.
"It is a great day for my district and my State as this is the first automotive manufacturing facility in 25 years. This comeback is real and exciting," said Congressman Dave Trott adding that Southeast Michigan is the birthplace of automotive industry.
"This illustrates the strong partnership between the Us and India," said Tom Vajda, the Acting Assistant Secretary of State for South and Central Asia as he welcomed the Mahindra automotive plan in Detroit region.
Mahindra has in total 30 facilities having invested about USD 1 billion in the US and providing employment to some 30,000 people, Vajda said as he praised the contribution of Mahindra in American economy and strengthening India-US relationship.