03.06.2024

ADM Electrics: Uzbekistan's new automotive electrical equipment manufacturer

On May 31, 2024, ADM Electrics, a member of the ADM Global group of companies, the official distributor of Kia, Chery, Haval, Hyundai Truck & Bus brands in Uzbekistan, began its activities in the Asaka district of Andijan region. This was an important event for the automotive electrical equipment market of our country.

The grand opening of the new project was attended by representatives of the public and officials. During the event, an informative presentation was held about the company's potential, production processes, goals and development plans.

In the first stage of the project, investments in the amount of 2.5 million US dollars were made, and these funds were fully utilized. At the very beginning of the work, 150 new jobs were created. Further plans are even more ambitious - the company plans to invest up to 3 million US dollars and increase the number of employees to more than 400 by the end of 2024. By the end of 2025, the number of employees should reach 1,200.

The total area of \u200b\u200bthe land plot of “ADM Electrics” LLC is 3.2 hectares, on which production buildings with a total area of \u200b\u200b4.5 thousand square meters are located. Electrical equipment for cars, tape recorders, signals, antennas and other components are produced here.

In the first year alone, it is planned to produce finished products worth 33 million US dollars, which will make a huge contribution to the development of not only the regional, but also the national economy of Uzbekistan.

The emergence of such a major player in the automotive electrical equipment market – is a very important step in implementing the import substitution strategy and increasing the competitiveness of the local industry. The new enterprise will become a reliable supplier of products in demand for both the domestic and foreign markets in the future.