Industries Minister Mrs. Scindia inaugurates Rs. 200 factory at Dewas

scindia17.3.16Bhopal, March 17, 2016 (Ataullah Faizan):  Industries Minister Mrs. Yashodhara Raje Scindia inaugurated Jaihind Mantupe Private Limited’s Ultramodern Gravity Die Casting Foundry at Dewas today. The firm is a joint venture of Pune-based Aluminium Die Casting Compnay Jaihind Industries and Mantupe S.A. of France. Firodiya Group of Companies’ Chairman Mr. Abhay Firodiya and Director of Jaihind Mantupe Private Limited Mr. Prasun Firodiya were present on the occasion. Mrs. Scindia said that the joint venture has been formed for development and manufacturing of automotive cylinder heads in India. Products of the foundry will be of global quality due to world level technology and cost management efficiency.  The foundry costing Rs. 200 crore has capacity to produce 3 lakh 25 thousand cylinder heads per annum. The plant has been set up with capacity to produce one million cylinder heads annually. The plant has already produced first batch of cylinder heads for Ford’s Global Engine Programme.

India is pioneer in new global gasoline engine’s launch and this facility is first in the world. Mr. Prasun Firodiya said that his plant will not only meet demand of India, but also Russian Federation and Asia Pacific countries. Stephen Mangnun of France said that the foundry will scale new heights of quality due to technical excellence of Montupe and management of Jaihind Industries.