Japan-based Denso Corp. will invest $35.5 million to construct its first technical center in India. The parts supplier, which is affiliated with Toyota, said that the center will be built in order to be able to style products according to the needs of the thriving market in India.
In a statement, Denso revealed that the center, which will be in the northern city of Gurgaon, will open towards the end of 2011.
The center will focus mainly on powertrains, electric and electronic systems, information and safety systems and small motors.
Hikaru Sugi, head of r&d, said that shifting product development operations to India will permit the close collaboration of sales and technological functions. This will mean that the needs of both the market and the customers will be quickly responded to.
In August, car sales in India have increased by one-third to a record high, making the country one of the fastest growing markets in the world.
It’s no wonder then that Japanese automakers, including Nissan, Toyota, Honda and Suzuki, have either recently opened factories in India or are planning to do so very soon.
It was in 1984 that Denso began operations in India, where it makes components such as air conditioning systems, fuel injectors, starters and alternators. Denso plans that by 2015, the new technical center will employ 70 people. [via autonews - sub. required]