- Inveta Products LLC
- Automotive Supplier
- Tier 1
- side door latches
- liftgate latches
- window regulators
- window regulator motors
- OEMs
- Indian automakers
Inveta Products LLC Expands Its Manufacturing Facility In India
- By MT Bureau
- November 14, 2024

Inventing the first-ever window regulator that would allowing drivers to raise or lower windows while driving in 1917, Inteva Products LLC – formerly Delphi Interiors and Closures – has announced that it has earmarked US $ 3.3 million to expand its manufacturing facility in India at Pune.
Employing the use of rubber and plastic materials in place of wood in interiors as safer alternatives in 1924, the US-based Tier 1 automotive supplier will significantly increase its production capacity and operational efficiency in line with the company’s commitment to meet the rising demand from India’s expanding automotive sector.
Developing the world’s first sealed door module and producing the first steel door module in the period between 1968 and 1982, Inveta Products – specialising in the manufacture of in automotive systems and components – has highlighted a 70 percent increase in the plant’s production space as part of the expansion initiative.
Witnessing a growth in space to 85,000 sq. ft, the company – using polystyrene-based materials to improve the crash worthiness of instrument panels starting with the Chevrolet Corvette – will also invest in 26,000 sq ft of office space.
To install new production lines for window regulators, latches, and window regulator motor assemblies, the company that developed the world’s first sealed door module in the 1980s, is positioning itself to better serve its customers in the country.
Claiming to be the first automotive supplier to develop seat motors and power trunk latches in 1984, Inveta Products LLC has announced that the expansion activity it has undertaken will create up to 100 new jobs, benefitting the local workforce and contributing to Maharashtra’s economic growth.
The first automotive supplier to introduce thermoplastic polyolefin (TPO) in extruded-sheet form for use in thermoforming of instrument panel skins in the 1990s, the automotive supplier is also aligning with India’s push for self-reliance in the automotive sector.
Exhibiting a long-term commitment through the expansion initiative, Inveta Products LLC has embarked on the expansion spree as part of its strategy to support the country’s role as a global hub for automotive manufacturing.
“This expansion reflects Inteva’s ongoing commitment to the Indian market, which is critical to our global growth strategy,” said Gerard Roose, President and CEO of Inteva Products. “As demand for high-quality automotive components continues to rise, we are proud to increase our capacity to better serve our customers while creating valuable local employment opportunities,” he added.
The existing facility of Inveta Products LLC in Pune – Inveta’s Indian journey began in 2008 and was followed by the commissioning of a greenfield plant in Chakan in 2012 – is manufacturing side door latches, liftgate latches, window regulators and motors for window regulators for leading Indian automakers like Mahindra & Mahindra, Tata Motors, Stellantis, Volkswagen, Hyundai, MG Motors and Force Motors.
The plant is also a critical supplier to the global automotive supply chain, exporting window regulator motors to markets in South Africa and North America.
Commenting on the expansion exercise, Sanjay Kataria, Vice President and Managing Director, Inteva India, averred, “With this expansion, we’re able to offer our customers even more localized, high-quality automotive components that meet their evolving needs. Our investment in advanced manufacturing capabilities here in Pune underscores our commitment to excellence and innovation.”
Building a track record for delivering high-tech automotive solutions with an emphasis on quality, efficiency and sustainability, the automotive Tier 1 supplier has a technical centre in Bengaluru. The centre has approximately 320 people of which 181 are engineers that support both global and Indian operations with advanced product development and engineering expertise.
Visteon Invests $10 Million To Manufacture Camera & Display Backlight Unit At Chennai Facility
- By MT Bureau
- June 02, 2025
American technology company Visteon has launched in-house manufacturing of its next-generation high-resolution Analog and Digital Camera System and Display Backlight Unit (BLU) at its Chennai facility in India. The company said it has initially invested USD 10 million towards developing the manufacturing capabilities.
The new production lines will build analog and digital cameras with 1.3 MP-8MP HD resolution, which it claims offers significantly sharper visuals than traditional automotive cameras. It will support the demanding requirement from modern high-definition in-car displays and are optimised for seamless integration with Advanced Driver Assistance Systems (ADAS), helping drivers park, manoeuvre and navigate with greater safety and precision.
Sachin Lawande, President and CEO, Visteon, said, “India plays a critical role in our vertical integration strategy. Localising production of camera systems and backlight units strengthens our ability to scale, innovate, and deliver next-generation cockpit technologies more efficiently to global markets.”
Visteon stated that this expansion compliments its existing display manufacturing in India, creating a more cohesive, vertically integrated production ecosystem for next-generation cockpit solutions.
Varroc Reports INR 1.69 Billion PAT For FY2025
- By MT Bureau
- May 29, 2025

Pune-headquartered tier 1 supplier Varroc Engineering has announced its financial results for FY2025, with revenue of INR 81 billion, up 8 percent YoY.
The company reported profit after tax of INR 1.69 billion, which was down 46 percent YoY, as compared to INR 3.15 billion for same period last year. This the company attributed due to an exceptional item worth INR 1.47 billion on the back of restructuring of subsidiaries and exit from its joint venture in China.
For Q4 FY2025, the company reported revenue of INR 20.99 billion, up 11 percent YoY, profit after tax of INR 1.03 billion.
Tarang Jain, CMD, Varroc, said, "India has now become the 4th largest economy, and the GDP had a steady growth of 6.2 percent in Q3 FY2025. Softening of Inflation in the last few quarters and interest rates reduction globally encouraged our Central Bank to reduce Repo rate by 50 basis points. Weak growth in consumption, on top of global and regional conflicts and uncertain tariff regime, may impact discretionary spending which can have impact on automotive Industry. However, we remain confident about the medium-to-the-long-term growth prospects of automotive industry.”
He revealed that in FY2025, the company filed 25 patents of which more than 10 patents were already granted to Varroc, bringing the total filings to more than 120 for the company.
“We continue to strengthen our balance sheet and return ratios. The net debt of the company in FY2025 was reduced by INR 2,348 million and as a result the net debt to equity was reduced to below 0.5x at the end FY2025 from 0.64X at the end of FY2024. The absolute net debt figure was INR 7,480 million. ROCE (before tax) for FY2025 was 20.8 percent and free cash flow generation was also healthy at INR 3,116 million or 3.8 percent of revenue before growth CAPEX in land,” he added.
IN FY2025, the company also won new business wins estimated to add INR 11,734 million in revenue, with electric vehicle constituting more than 55 percent of it.
“It is more heartening to see business wins in our overseas operations also, which will improve profitability from FY 27 onwards. Our continuing focus on revenue growth, improvement in gross margin, control on fixed cost and optimization of capex and working capital will enable us to generate healthy free cash flows in the future also,” concluded Jain.
Samvardhana Motherson Reports INR 38 Billion Net Profit For FY2025
- By MT Bureau
- May 29, 2025

Samvardhana Motherson International (SAMIL) has announced its financial results for FY2025, demonstrating significant growth across key metrics.
The company reported consolidated revenue of INR 1,136 billion, up 15 percent YoY. Earnings Before Interest, Tax, Depreciation, and Amortisation (EBITDA) rose by 17 percent to INR 108.77 billion, while Profit After Tax (PAT) saw a substantial 40 percent jump, reaching INR 38.03 billion.
Vivek Chaand Sehgal, Chairman, Motherson, said, "Our performance underscores the resilience and adaptability of our business. With a booked business value exceeding USD 88 billion, encompassing both automotive and non-automotive sectors, we have established a robust foundation for future growth."
He further congratulated the Motherson team for an ‘exceptional performance’ over the past five years, achieving record sales and integrating 23 acquisitions despite global volatility, all while maintaining a strong focus on free cash flow and reducing the leverage ratio to its lowest point in five years.
The company also highlighted its strategic advancements, including outpacing the industry by approximately 15 percent through content growth and mergers and acquisitions. Return on Capital Employed (ROCE) improved to 17.2 percent at a consolidated level, even amidst expansions. Net Debt to EBITDA stands at a comfortable 0.9x. Capital expenditure for the year was INR 44.33 billion, calibrated to market dynamics.
Furthermore, 14 greenfield projects are underway, with nine expected to commence operations in FY2026.
Philipp von Hirschheydt To Take Additional Role Of CFO At Aumovio
- By MT Bureau
- May 29, 2025

Aumovio, the automotive business of Continental Group, will see Philipp von Hirschheydt, presently CEO, take on the additional duties of the Chief Financial Officer (CFO). This comes on the heels of Karin Dohm’s decision not to take on the intended role of CFO due to personal reasons.
It was on 23 April 2025, German technology company Continental Group revealed the new identity for its Automotive Business – Aumovio at the Auto Shanghai Show 2025.
Stefan E Buchner, Designated Chairman of the Supervisory Board, Auomovio, said, "We deeply regret her decision, but at the same time, have the greatest understanding and respect for her choice. Together with our strong team, we will consistently continue on the path we have begun and lead Aumovio into the future with responsibility and foresight."
The announcement is said to have no impact on the planned spin-off, with Aumovio on track to be listed on stock exchange in September 2025. The company stated that during the transition the existing Finance and Controlling team will take on additional responsibilities to ensure a seamless spin-off.
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