Continental has inaugurated a new R&D facility at its tech center in India, investment for which totaled €12.4m. The 13,000m² facility is home to around 1,000 engineers and will help 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.
Raghav Gulur, head of Continental’s Technical Center India (TCI), “TCI has almost doubled its engineering strength since its establishment. With this expansion, our total capacity will increase to 1,300 and our headcount will ramp up further in the near future. We will continue to leverage our local expertise and collaborate with global teams to deliver solutions that address the needs of the automotive industry; affordable and safe mobility being two of our key focus areas.”
President of the Interior Division and Member of the Executive Board of Continental AG, Helmut Matschi, 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.”