Continental, a leading international automotive supplier inaugurated a new 13,000 square meter facility to expand its R&D capabilities in Bangalore.
With total investment of 12.4 million Euro and current headcount of around 1,000 engineers, the new Technical Center India (TCI) facility at Gold Hill Supreme, Electronic City Phase II will meet the increasing demand for engineering and software development skills to support global R&D projects as well as local customers. Eight state of the art R&D labs will be housed in the new facility.
Speaking at the occasion, Helmut Matschi, President of the Interior Division and Member of the Executive Board of Continental AG said, "India's talent pool is strategic to our growth, globally and in Asia.
Continental has invested significantly in the Tech Center since its inception, a confirmation of our commitment to India. While our engineers in India are making valuable contributions to the development of advanced technology for developed markets, Continental is equally excited by the prospect of growing with the automotive market in the country."
"With its access to qualified engineers and its high flexibility, Tech Center India (TCI) delivers best quality and highly efficient engineering support to Continental globally. Setting up the TCI is an ideal situation for us and our customers. We are able to attract the huge talent pool in India to work on the latest technologies and innovations, while at the same time offering first-class services globally.
"For R&D activities initially in software and algorithm development for advanced driver assistance systems we hired 150 new engineers in the TCI last year", said Frank Jourdan, President of the Chassis & Safety Division and Member of the Executive Board of Continental AG.
Christian Senger, Senior Vice President, Automotive Systems & Technology (A S&T) at Continental AG said, "Tech Center India (TCI) was established in 2009 and has expanded rapidly in scale and capability.
"Today, our engineers in India are developing one channel ABS solutions for two wheelers alongside highly sophisticated technologies for domains such as Advanced Driver Assistance Systems (ADAS). Adding value with its understanding of the local market and customers, TCI is fast emerging as a ‘Center of Competence' for two-wheeler markets and for customized products for the BRIC countries."
(Continued on the next page)
