Brose invests 3.2 mn Euros in further strategic growth and expansion in India

BROSE PUNE

PUNE, FEBRUARY 26, 2020 (TGN): Automotive supplier Brose officially opened its new campus in Hinjewadi, Pune on 25 February 2020, with guests from government and industry in attendance. The location, which has a footprint of around 175,000 square feet, is home to480 employees. Brose is investing3.2 million euros in a new headquarters building, development and IT center 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 results,” emphasizes  Ulrich Schrickel,CEO Brose Group.

The company’s goal is to enhance more of its products with sensor technology and software solutions. This will enable the automotive supplier to create completely new mobility experiences and more incentives to buy. “With our competence in the integration of electronics, sensor technology and software into intelligent products Brose is actively shaping the future of mobility,” adds Schrickel.

This is why the supplier must expand its software expertise. In the last year alone, the family-owned 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 in these areas,” summarizes Vasanth Kamath, President Brose India.

The company plans to develop twice as fast as the domestic market with an average growth rate of 20 percent 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,” says Kamath. The new manufacturing building alone is three times larger than the previous facility. ENDS