Maxion Wheels, the world’s largest wheel manufacturer, today held a ground breaking ceremony (Bhoomi Poojan) on the future site of its 25,000 square meters plant in Khed City, Pune. Hundreds of guests, including company dignitaries, customers, suppliers and associates attended the traditional Hindu event, which included a plaque unveiling and traditional ground breaking ritual.

Maxion Wheels, the world’s largest wheel manufacturer, announced today the formation of a new legal entity, Maxion Wheels Aluminum India Private Limited, as a key step in its plan to develop and produce up to four million light vehicle aluminum wheels annually in India. The Company has secured property in Pune, India and will initially build a 25,000 square meters manufacturing plant with annual capacity of two million wheels beginning production expected for the third quarter of 2019. Additional land was also purchased for a plant expansion that will increase annual capacity to four million wheels in the coming years.