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Home arrow News arrow Engineering, Technology, Research and Development arrow Mercedes-Benz to scale up its research and development center in Bangalore
Mercedes-Benz to scale up its research and development center in Bangalore Print E-mail
Written by Anand   
Wednesday, 11 March 2009
New Delhi : Mercedes-Benz India has plans to invest in network expansion, setting up dealerships and to scale up its research and development center in Bangalore.

Addressing a press conference at the launch of its M-class SUV, Dr. Wilfried Aulbur ,Managing Director and CEO Mercedes-Benz India, said that the headcount in the R&D center in Bangalore would be increased from its current strength of about 220 employees to around 500 - 1,000 engineers in the next few years.

The company also has plans to set up an engineering center in Pune and is on the lookout for high quality component suppliers.

Dr. Aulbur also said that  the company would invest Rs.150 crore for expanding its distribution network in the country. He said that part of the investment would go towards preparedness for manufacturing a new car to bring to India.

The company has plans to set up more dealerships and show rooms and Mr. Aulbur said that land has been bought across the country for setting up showrooms. Currently, Mercedes-Benz has 12 dealers in the country.

Having sold 3,600 cars, 240 trucks and 15 buses in India last year, Dr Aulbur said that the company achieved 46% growth in passenger cars segment in India in 2008.

 
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