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INDIA: THE EPICENTRE OF GLOBAL AUTOMOTIVE INDUSTRY R&D
Manufacturing Today
|July 2023
INDIA IS NOW A THRIVING DESTINATION FOR AUTOMOTIVE R&D, DRAWING GLOBAL RECOGNITION FOR ITS INNOVATION AND STRONG INFRASTRUCTURE. WITH A TALENTED WORKFORCE AND FAVOURABLE BUSINESS CLIMATE, INDIA IS ESTABLISHING ITSELF AS THE PRIME HUB FOR TRANSFORMATIVE ADVANCEMENTS IN AUTOMOTIVE R&D. A REPORT.
In recent years, India has emerged as a prominent destination for R&D activities in the automotive industry. The country's vibrant research ecosystem, a pool of highly skilled engineers, and cost competitiveness have attracted MNCs seeking to leverage India's intellectual capital. With strong potential for growth in areas such as engineering analytics and significant talent in the 'Deccan Triangle' region – encompassing Pune, Bangalore, Chennai and Hyderabad – India is poised to become an auto R&D hub. Raghavendra Vaidya, MD & CEO of Daimler Truck Innovation Centre India, highlights the global impact of India's engineering centres in the automotive industry. These centres are solving problems for India and the world, showcasing India's exceptional engineering talent and ability to adapt to diverse conditions.
This story is from the July 2023 edition of Manufacturing Today.
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