Sat 09 2015 02:23:11
Tashkent, Uzbekistan (UzDaily.com) -- UzMinda, an Uzbek-Indian joint venture, is planning to start production of new automobile components for Chevrolet Aveo till the end of 2015.
According to Uzavtosanoat, in line with the agreement with South Korean S&T Motiv, the venture plans to attract additional investments and install high-technological production line for localization and production of automobile components for T-250 model (Chevrolet Aveo).
Within the development of the project, it is planned to increase number of produced goods and improve control over quality of products.
Currently, the enterprise produces automobile components and security systems such as speedometers, door handles, door lock set, and other ready products for Cobalt, Nexia, Damas, Matiz automobiles.
The annual capacity of the enterprise is 250,000 car components. In 2014, the enterprise exported goods for US$220,000.