Neolite ZKW Lightings Invests Rs 100 Crore in New Pune Facility

• Neolite ZKW Lightings has invested Rs 100 crore in the first phase of its new Pune facility, with plans for another Rs 100 crore in subsequent phases.
• The Pune plant, operational since December, focuses on manufacturing automotive lighting products and components with a capacity of 2.72 million units per annum.
• An independent design center has been established in Pune to enhance in-house product development, reduce time-to-market, and ensure global standards.
• The facility aims to respond timely to customer requirements, drive innovation in automotive lighting, and create employment opportunities.
• Neolite ZKW caters to major OEMs like JSW MG Motor, Stellantis Automobiles India, Tata Motors, and plans to expand its Kancheepuram facility.

Why It Matters: Neolite ZKW Lightings boosts India presence with a Rs 100 crore Pune plant, focusing on automotive lighting innovation.