Press Release, 6 April 2025
Chennai, 4th April 2025: Yazaki, a 17 billion USD legacy Japanese global auto parts giant, with presence in 46 countries, has expanded its India footprint with close to 1 million square feet across NCR, Hosur, and now Chennai. This has been done in collaboration with Horizon Industrial Parks, Blackstone’s logistics platform in India; known for its innovative plug and play manufacturing and warehousing facilities with over 50 million sq. ft. leasable area. Yazaki which employs around 3 lakh people worldwide and operates 12 plants in India has prioritised modernization, sustainability and safety with this collaboration.
Blackstone – Alternative Asset Manager owned – Horizon Industrial Parks collaborates with Yazaki India, breaks ground in Chengalpattu, Chennai for a 3.16 lakh sq. ft. manufacturing facility.
Yazaki supplies wire harnesses to a majority of OEMs in India. This is Yazaki’s third plant with Horizon Industrial Parks. It is a built-to-suit manufacturing unit spanning 3.16 lakh square feet, which will be located in Horizon’s Chengalpattu Industrial Park, Chennai’s fast growing industrial hub. The wire harness manufacturing facility is designed for rooftop solar power and will be manned by 2000+ employees.
“With the new peripheral ring road connecting to the Chennai port, Chengalpattu is quickly evolving into a key manufacturing hub. Some major companies operating in the region include leading names from the information technology, chip manufacturing, electronics and automotive industries. A new SIDCO industrial estate at Kodur Village, announced in 2021, is set to further boost local industry.” said Urvish Rambhia, Director at Horizon Industrial Parks.
In addition, Yazaki has 2 more plants with Horizon, 2.6 lakh square feet plug and play facility in Horizon Industrial Park Hosur established in 2023 and similar sized plant in NCR at Farukhnagar. Both parks are benchmarks in sustainability and boast of Platinum ratings by Indian Green Building Council (IGBC).
Commenting on Yazaki’s growing partnership with Horizon, Mr P V Raju, CEO of Yazaki India said, “After evaluating several industrial developers, we chose to partner with Horizon, and they supported us in meeting our timely-delivery commitment to our customers by handing over the Hosur plant to us within 6 months. Like Yazaki, Horizon emphasizes quality infrastructure and gives us dust-free environment which is crucial for manufacturing high quality products. We feel assured about the safety of our close to 4200 employees working in Horizon’s Hosur and Farukhnagar parks.”
About Horizon Industrial Parks:
Horizon Industrial Parks is a logistics platform in India, owned and managed by Blackstone Real Estate funds. They are one of the largest developers and managers of Grade A industrial and logistics parks in India, with distinguished assets in prime urban centers and Tier 2 markets. Horizon (including its affiliates) manage 40 assets in 9 key markets in India, spread across ~2000 acres and with a leasable area of ~50 million square feet.
About Yazaki Group:
Established in 1941 and headquartered in Japan, the Yazaki group operates in 46 countries and regions and employs more than 2,30,000 people. The business, which began with the manufacture and sale of wire harnesses for automobiles, has expanded beyond automobile parts and electric wires to instrumentation equipment, gas equipment, air-conditioning and solar-heat equipment, as well as agriculture. They are now actively developing nursing care and recycling businesses.
