Japanese automotive components giant Yazaki Expands India Operations with New Chennai Plant in Tie-Up with Blackstone’s Horizon

CHENNAI:
Japanese automotive components giant Yazaki is deepening its presence in India with the launch of a 3.16 lakh square feet built-to-suit plant in Chengalpattu as part of its ongoing partnership with Horizon Industrial Parks, the logistics platform owned by Blackstone, the world’s largest alternative asset manager. The facility will focus on the production of wire harnesses for automobiles and is expected to employ more than 2,000 workers.

This marks Yazaki’s third collaboration with Horizon. The facility will focus on the production of wire harnesses for automobiles and is expected to employ more than 2,000 workers. Valued at $17 billion globally, Yazaki already operates 12 plants across India and supplies wiring systems to most major original equipment manufacturers (OEMs) in the country.

With the addition of the Chennai unit, its footprint in India now exceeds one million square feet, spanning key industrial hubs such as NCR, Hosur and now Chengalpattu.

Urvish Rambhia, Director at Horizon Industrial Parks, said the strategic location of the new facility benefits from improved connectivity due to the recently constructed peripheral ring road, linking directly to Chennai port. "Chengalpattu is fast emerging as a manufacturing hotbed, with increasing activity from the IT, semiconductor, electronics and automotive sectors," he noted. A state-backed industrial estate in nearby Kodur Village, announced in 2021, is also expected to catalyse further development in the region.

Horizon Industrial Parks, which boasts a portfolio of over 50 million sq. ft. of leasable space, has built similar facilities for Yazaki in Hosur and Farukhnagar. Both sites have received Platinum ratings from the Indian Green Building Council (IGBC) and are viewed as benchmarks in sustainable industrial design.

“After evaluating several developers, Horizon stood out for its ability to deliver at speed and at scale,” said P.V. Raju, CEO of Yazaki India. “Our Hosur plant was completed within six months — a timeline that allowed us to fulfil key customer commitments. Horizon's emphasis on clean, dust-free environments is vital for ensuring high-quality production.”

With around 3,00,000 employees globally and 4,200 staff already working at its Horizon-operated facilities in India, Yazaki’s latest move underscores its long-term commitment to one of the world’s fastest-growing automotive markets.