Kongsberg Automotive wins EUR 10 Million contract in India
Kongsberg Automotive (KA) is pleased to have been awarded a EUR 10 million (NOK 75,9 million) contract for supplying Manual Shift Cables in India. The shift cable will be used in one of the most popular cars in the India market. Production supply will start in the third quarter of 2014 with a peak volume in 2015 and beyond, and the contract will run for 6 years. Production will take place at KA’s facility in Gurgaon, India. "The key for winning this contract is KA's ability to integrate the global product technology with the full vertical integration of the local production capability"