Automotive supplier Brose has officially opened its new campus in Hinjewadi, Pune. The location, which has a footprint of around 175,000 square feet, is home to 480 employees. Brose is investing EUR3.2m in a new headquarters building, development and IT centre as well as the manufacturing plant.
"This investment is not only a commitment to the Indian market; it is also a strategic move for the Brose Group. To improve competitiveness and efficiency we are further expanding the global engineering and IT service center in Pune and shortening the paths between development and manufacturing. Speed is a success factor for our company. The market trends in the global automotive business rely on extremely fast and consequent decisions," said Ulrich Schrickel, CEO Brose Group.
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By GlobalDataThe company's goal is to enhance more of its products with sensor technology and software solutions. This, it says, will enable it to create new mobility experiences. For example, a more comfortable vehicle access with side door drives and seat adjusters moving in unison. "With our competence in the integration of electronics, sensor technology and software into intelligent products Brose is actively shaping the future of mobility," added Schrickel.
Brose says it is expanding its software expertise. In the last year alone, the company hired 100 experts in digital development, embedded software and IT in Pune. "The current plan is to grow to around 500 employees in total. They will work on cost-effective products for the domestic market and also support other Brose locations," said Vasanth Kamath, President Brose India.
The company plans to develop twice as fast as the domestic market with an average growth rate of 20% per year until 2025. "Today we can proudly call ourselves the only supplier of door modules in India. However, our long-term goal is to deliver the entire Brose product portfolio of door systems, seat structures and electric drives to the Indian market," said Kamath.