Magna International is spending large and launching a hiring spree in India.
The Canadian provide large stated Oct. 6 that it plans to take a position greater than US$120 million on a new engineering centre in Bengaluru, India. It will fill the ability with greater than 1,000 engineers by the top of 2023.
The new centre, referred to as Magna Innovation Campus Bengaluru, will deal with car powertrain electrification, electronics and software-defined automobiles, the provider stated in a press release.
Magna stated it’s constructing the brand new campus “to match pace with the automotive industry’s acceleration in cleaner mobility solutions.”
The 240,000 square-foot facility — about 22,250 sq. metres — is predicted to open within the first quarter of 2023. Engineers and technical specialists there will likely be engaged on software program and system improvement, simulation, testing and car integration, in addition to digital, knowledge and cloud options for electric-vehicle applications.
“Vehicles and their systems are becoming more electrified and software-defined, which changes the architecture and how we need to develop them,” Magna Executive Vice-president and Chief Technology Officer Anton Mayer stated in a press release. “With this new engineering centre, we can further strengthen our vehicle systems development and IP creation, especially in the areas of e-mobility.”
Magna International Inc., primarily based in Aurora, Ont., positioned fourth on the 2022 Automotive News Top 100 Global Suppliers List, with gross sales of US$36.2 billion.
Source: canada.autonews.com