Yazaki, a renowned Japanese auto parts manufacturer with a global footprint of $17 billion in revenue and operations across 46 countries, has expanded its reach in India. The company now boasts nearly 1 million square feet of operational space across the NCR, Hosur, and the newly launched Chennai facility.
This expansion is part of a collaboration with Horizon Industrial Parks, Blackstone’s logistics platform in India. Horizon, known for its state-of-the-art manufacturing and warehousing solutions, manages over 50 million square feet of leasable space in the country. Yazaki, which employs approximately 300,000 people worldwide and operates 12 plants in India, is emphasizing modernization, sustainability, and safety in this partnership.
Yazaki, a major supplier of wire harnesses to India’s OEMs, is expanding its network with its third plant at Horizon Industrial Parks. The new 316,000-square-foot facility is located in Horizon’s Chengalpattu Industrial Park, Chennai, an emerging industrial hub. This facility, designed with rooftop solar power, will employ over 2,000 people.
“With the new peripheral ring road connecting to Chennai port, Chengalpattu is rapidly developing as a central manufacturing hub. Leading players in IT, chip manufacturing, electronics, and automotive industries have already set up operations here. The recently announced SIDCO industrial estate at Kodur Village, set to boost the local industry, further cements this area’s growth,” said Urvish Rambhia, Director at Horizon Industrial Parks.
In addition to the Chennai plant, Yazaki operates two more plants with Horizon: a 260,000-square-foot plug-and-play facility in Horizon Industrial Park, Hosur, established in 2023, and a similar-sized plant in Farukhnagar, NCR. Both facilities are designed with sustainability in mind, earning Platinum ratings from the Indian Green Building Council (IGBC).
On the growing partnership, PV Raju, CEO of Yazaki India, stated, “After evaluating various industrial developers, we chose Horizon for their commitment to quality and timely delivery. Horizon’s support enabled us to set up the Hosur plant within 6 months. Like Yazaki, they prioritize a dust-free, high-quality manufacturing environment. We’re also confident in the safety of our nearly 4,200 employees at Horizon’s Hosur and Farukhnagar parks.”
Horizon Industrial Parks is a prominent logistics platform in India, owned and managed by Blackstone Real Estate funds. As one of the leading developers and managers of Grade A industrial parks, Horizon oversees 40 assets across nine key Indian markets, covering around 2,000 acres with a leasable area of 50 million square feet.
Founded in 1941 and headquartered in Japan, Yazaki operates across 46 countries and employs over 230,000 people. Initially focused on wire harnesses for the automotive sector, the company has diversified into numerous industries including instrumentation equipment, gas and air-conditioning products, solar-heat solutions, and even agriculture. Recently, Yazaki has ventured into nursing care and recycling sectors.