After purchasing
last October the entire
Indian joint venture KBX stake held by Bosch, Brembo, a leader in
the manufacturing of high-performance brake systems, now
celebrates the official opening of its new plant in India.
The facility will manufacture disc braking
systems for scooters and motorcycles between 125 and 250 cc for the Indian market. Brembo’s
operational market sector grew by 14% in 2008 compared to the previous year and a
further development in growth is foreseen for the year 2009.
The new plant is
located about 160 km south of Mumbai in
the city of Pune, the capital of India’s automotive sector;
it stands on a plot of 15,000 m˛ and provides 5,000 m˛ floor
space. The factory employs 220 people.
Brembo Group, through its Indian subsidiary,
holds a 50% market share of motor vehicles brake systems manufactured in India and its main
clients are the leading local as well as international companies such as Bajaj, Hero Honda, Honda
Motors, Yamaha, Suzuki, Royal Henfield. The Indian market is mainly composed by motor
vehicles from 50 cc to 350 cc.
On this occasion
Brembo has also introduced its new brand Breco, which is a synthesis of “Brembo Company”, studied to be the brand
specifically dedicated to the braking systems of small-to-medium displacement scooters and motorcycles
(up to 250 cc) targeted for the BRIC countries (Brazil, Russia, India and China) and other
south-eastern countries (ASEAN).
The Brembo Group Indian subsidiary – today
called KBX will soon change the name into Brembo Brake India - is the leader in the
development and production of brake systems in India and was established in February 2006 as a 50-50
joint-venture between Brembo and Bosch. The 2008 sales were about 1.050 million Rupees (€17
million); KBX has no financial debt.
Brembo has been active in India since
1998/99, when the Indian group Kalyani Brakes acquired a licence to manufacture brake discs for
motorcycles with Brembo technology. Kalyani Brakes was subsequently acquired by Bosch Chassis
Systems India Ltd, an Indian subsidiary of the German multinational. In 2006, KBX established as a
Joint Venture between Bosch and Brembo. Since 2007, Brembo has been based in India with a
design centre supporting the Group R&D activities. Soon it will be improved also with an
organisational unit of Global Sourcing for all Brembo Group Companies. In the last three years, Brembo has invested
over 1 billion Rupees (more than €17 million). To continue its development in India, Paolo
Magri, Motorcycles Business Unit Director, has been appointed as Managing Director of Brembo
Group India Activities Responsible.
Brembo Spa
is the world leader and
acknowledged innovator of the brake disc technology for automotive vehicles. Brembo supplies high
performance brake systems for the most important manufacturers of cars, commercial vehicles
and motorbikes worldwide, as well as clutches, seats, seat belts and other components for racing
only. Moreover, Brembo is also a leader in the racing sector and has won more than 200
championships. Today the company operates in 14 countries on 3 continents, with 33 production and
business sites, and a pool of about 5.800 employees, 9% of whom are engineers and product specialists
active in the R&D. 2008 turnover is expected to be over 1 billion
euros. Brembo is the owner of the
Brembo, Breco, Marchesini, Sabelt brands and operates through
the AP Racing brand.
