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Global fastener and cable tie supplier HellermannTyton Pvt. Ltd. plans to set up its first production facility in India. The facility will be in India's automotive manufacturing hub in the city of Pune. "We have already bought land in Pune to start building a factory by the end of 2017," said Anubhav Saxena. "The plant will likely to be fully operational by [the second quarter] of 2018.

Currently, the company has an office in Ghaziabad, near New Delhi, where it handles sales and service for India. "We have started focusing on two major auto OEMs in the north and southern part of India in 2006 onwards, and over the years the auto business has grown 100 percent," Saxena said. About 80 percent of its sales in India comes from the auto business, with the rest coming from appliance, telecommunciations and aerospace. Its automotive clientele includes global and domestic manufacturers, including Tata and Mahindra.