# Maxion Wheels starts construction of aluminum wheel plant in Pune, India

Maxion Wheels has started construction of a new plant in Khed City, Pune, India. The first phase involves an investment of over $50 million for a 25,000 sq m plant producing two million aluminum wheels annually, with production expected to start in Q3 2019.

- Type: New facility
- Announced: 2018-02-20
- Where: Khed City, Pune, Maharashtra, India
- Value: $50.0M
- Jobs: 1,000
- Starts operating: Q3 2019
- Status: under construction
- Capacity: 2 million aluminum wheels annually (phase 1); 4 million annually after completion
- Products: low pressure die cast aluminum wheels
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Maxion Wheels](https://endata.com/companies/30173.md)

## Sources

- [auto.economictimes.indiatimes.com](https://auto.economictimes.indiatimes.com/news/auto-components/maxion-wheels-to-invest-50-mn-in-new-plant-in-pune/62994050), 2018-02-20: "Maxion Wheels has started the construction of its new plant in Pune."
- [india.com](https://www.india.com/news/maxion-wheels-holds-bhoomi-poojan-to-celebrate-new-plant-in-pune-2904698/), 2018-02-20: "In this first phase, an investment of more than $50 million USD will be spent on the land and state-of-the-art plant and equipment for the manufacturing of two million wheels annually."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.