To expand its global presence and substantially create new jobs, the Maharashtra-based parts manufacturer for the automobile and consumer durables industry, Dhoot Transmission, plans to build a new factory in Kriton, UK.
Parkinson Harness Technology, the company’s international subsidiary, which currently rents two sites in Boston, hopes to bring its workforce together at a proposed site, a press release from the company said.
The company hopes to grow its turnover by over 50% in the five years following the construction of this new facility. This will see employment growth of 50%, with an increasing proportion of the team either having specialist high-voltage skills, working in administration or having other specialist technical skills. The manufacturing work undertaken on the site is labour-intensive, preparing vehicle wiring harnesses and cables.
The firm, which has provided parts including high-voltage cables, wiring harnesses, and battery leads to the UK and European specialist vehicle market for more than 20 years, will move to a bespoke factory to double its turnover in five years while the workforce could rise by as much as 50%. The company currently has a workforce of more than 7,000 people and has a major presence in the global automotive and consumer durables industry.
The company currently operates 22 manufacturing facilities, including five locations in the UK, Slovakia, Thailand, Japan and South Korea. The remaining 17 locations are in India. The upcoming plant in Kirton, UK, will strengthen its global presence exponentially, the company added.
NB: Photo is representational.