Allison Transmission is expanding its state-of-the-art manufacturing facility in Chennai, India, with an investment exceeding $100 million. This multi-year project aims to double the existing manufacturing footprint of the facility.
The expansion is designed to support increasing global demand for Allison's fully automatic transmissions, particularly for its on-highway portfolio. The project is expected to be completed in 2025, become operational in 2026, and ramp up to full manufacturing capacity in 2027.
This strategic investment will enhance Allison's global operational flexibility and capability. It underscores the company's commitment to achieving its growth ambitions and delivering its brand promise worldwide.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.