Magna builds innovation center in India to support e-mobility
Magna, one of the world’s largest suppliers in the automotive space, is investing more than USD120 million to establish and operate a new engineering center in Bengaluru, India, to support e-mobility and to match the automotive industry’s accelerated pace towards cleaner mobility solutions.
Magna currently has 12 manufacturing divisions and three product development centers throughout India. ts global network includes 341 manufacturing operations and 89 product development, engineering and sales centres spanning 28 countries.
The new center, called Magna Innovation Campus Bengaluru, is in the heart of the Brigade Tech Garden, rich in engineering talent, and will serve as a key center for Magna in powertrain electrification, electronics and software defined vehicle development.
The 240,000 square-foot facility is expected to open in the first quarter of 2023 and will employ engineers and technical experts working on software and system development, simulation, testing and vehicle integration, as well as digital, data and cloud solutions for electric vehicle programs. Approximately 1,000 engineers and technical experts are expected to be hired by the end of 2023 with the capacity to add up to 250 more as needed.
“Vehicles and their systems are becoming more electrified and software-defined, which changes the architecture and how we need to develop them. With this new engineering center, we can further strengthen our vehicle systems development and IP creation, especially in the areas of e-mobility,” said Anton Mayer, executive vice president and chief technology officer, Magna International.
A ”Puja” groundbreaking ceremony was held on October 17th at the Innovation Center with Magna executives.