Today, October 5, the IXBT news outlet, citing the press center of the Industrial Development Fund, reported that Granta, Vesta and Niva cars from the Russian company Lada will soon be equipped with gearboxes assembled exclusively from domestic components. The production of these gearboxes is carried out by the Starooskolsky Plant of Automotive Electrical Equipment named after V.I. A.M. Mamonov” – some time ago, the management of the plant officially announced a two-fold increase in production volumes.
Accordingly, at the moment, the capacities of SOATE are sufficient to produce 280,000 sets of necessary parts per year, which is 160,000 more than a year earlier, for example. In order for such production volumes to be real, 390 million rubles were invested in the development of the plant – 300 million are a soft loan from the Industrial Development Fund. As a result, the plant will be able to completely localize the production of all components necessary for the gearbox – previously, according to the company’s data, approximately 50% of all parts were produced at foreign factories in Europe.
Now, at the facilities of the plant, production is completely transferred to import – all parts for the manufacture of the gearbox are made exclusively from domestic raw materials, so the level of localization of production in this case is really 100%. Moreover, representatives of the plant believe that the increased production volumes will be enough to cover all the current needs of the Russian automotive market. Lada will get the most out of this – the manufacturer currently has an impressive list of different models that will only benefit from import substitution.
Source: Trash Box