Eugenio Razelli, Chief Executive Officer, Magneti Marelli, said, "For Magneti Marelli the partnership with Hero in India is crucial: together we have the possibility of bringing a technical revolution in one of the most important two-wheelers market in the world, aiming at a better mobility, great market results and matching innovation, quality and affordability.

"I trust this partnership will be an example of perfect cooperation for technical and mobility evolution. For Magneti Marelli this is also an opportunity to celebrate the birth of the 10th industrial plant related to our activities in India: we are proud of the path we did so far in this Great Country".

Speaking on the occasion, Pawan Munjal said, "India is a growing participant in the global value chain, and is a place where companies can design, develop and manufacture innovative products efficiently. Hero's vision is to be a part of this global value chain.

"We have crafted an exciting vision - to use electronics in order to achieve better engine performances, reduced energy consumption and control emissions. I am confident that this company will set a new technological paradigm. One of our core objectives is to position ourselves as a technologically driven, forward looking company, and we will continue to push the envelope in terms of skill, scale, leadership and best practices."

With the opening of this new plant, Magneti Marelli further strengthens an already strong presence in India where since 2007 it has replicated its industrial perimeter with ten plants.

Six plants operate in the North (Manesar, the Haryana area), active in the field of electronic control units, Powertrain systems, intake manifolds, exhaust systems, instrument clusters and body computers, in addition to suspension components. Three plants operate in the Pune region in the field of lighting systems, intake manifolds and pedals, exhausts and shock absorbers and one in Chennai that operates in the field of exhaust systems.
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