Ashley Alteams India Limited
Company Overview
Fact Sheet
- Location:Tamil Nadu, India
- Year of Establishment:2007
- Business Type:Manufacturer, Trading Company
- Main Products:Low Pressure Die Casting, Pressure Die Cast Frames
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Overview
Ashley Alteams India Limited is a 50:50 JV partnership between Ashok Leyland and Alteams OY, Finland. They aim to be a world-class aluminium die-casting manufacturer and become ‘partner of choice’ to their customers by providing innovative product solutions. Alteams OY is amongst the biggest light metal foundries in Europe. The Alteams Group’s turnover has reached over USD 7.8 billion with production units in Finland, Estonia, China and India. The Alteams Group’s core business involves the manufacturing of cast light metal components including related services like design of castings and tooling as well as further processing of assembly-ready components. It has a strong customer base in the telecom, automotive, electronics, manufacturing and meditech industries. Globally, the Group is the biggest supplier of cast light metal components to the communication network industry. Ashok Leyland is the second largest commercial vehicle manufacturer in India with a turnover of USD 1.57 billion. Ashok Leyland has seven manufacturing units in India, one each in the Czech Republic and the United Arab Emirates, with a workforce of 12,000. In 2007, Ashley Alteams was formed in India and a world-class high pressure die-casting facility has been set up at Cheyyar, Tamilnadu. This state-of-the-art foundry and machine shop provides complete die-casting solutions with the latest technological expertise and value engineering to help achieve business goals. Ashley Alteams is strongly backed by European technology and has an annual installed capacity of 7000MT, with the capability to produce high pressure die-casting components ranging from 0.5 kg to 20 kg.