Meranews, Gandhinagar: Munjal Kiriu Industries Pvt. Ltd, a joint venture between the Hero Group and Japan’s Kiriu Corp. that manufactures auto parts, has launched a new manufacturing unit at Mandal near Ahmedabad, set up with an investment of Rs150 crore.

The new plant, inaugurated by Hero MotoCorp chairman Pankaj Munjal and Kiriu president Makoto Yoshimoto, is expected to have an installed capacity of 1,500 tonnes per month in the first phase of the machining facility that has just been commissioned.

The plant at the 100-acre Japanese industrial park at Mandal, which already houses a number of Japanese medium, small and micro enterprises, is Munjal Kiriu’s second in the country after Manesar in Haryana. The Manesar plant, which manufactures ventilated discs and drums for passengers cars, has an installed capacity of 4,200 tonnes per month and is a key supplier of brake parts to auto makers such as Maruti Suzuki, Honda, Renault, Nissan and Toyota.

“The new machining facility has high productive semi-auto transfer lines. This will ensure highest quality standards for our products. There are other processes of manufacturing excellence as well which have been put in place in the plant. We will be able to provide the best quality part of our OEM (original equipment manufacturer) partners in western Indian through this plant,” said Munjal.

The casting phase of the plant, which is under construction, is expected to be ready by March 2018.

“After the casting phase, Munjal Kiriu Industries will have a completely integrated production facility from raw materials to finished products in one flow. This will be in line with Kiriu’s production way called ‘Ikki-seisan’. This will make us independent in our manufacturing processes and will also offer us unmatched efficiency,” Yoshimoto said.

Munjal Kiriu Industries manufactures high-quality and precision brake parts and other components. The firm has a technical assistance agreement with Kiriu, a subsidiary of Japan’s Sumitomo Corp., and makes ferrous casting parts (both machined and non-machined) such as brake discs, drums and knuckles. (With inputs from ANI)