Airbag firms pumped up to ramp up capacity - Business News: Latest News & Videos about market and economy | Trendmergers

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Airbag firms pumped up to ramp up capacity

Capacity will surge to about 25 million units from the current 5-6 million, which will create an industry of about $1.25 billion in a span of 12-18 months from $500 million now. The world's top three airbag manufacturers - Autoliv, ZF and Joyson - are all building up capacity in India to cater to this emerging need.

from Industry-Economic Times
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