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26.02.2020 – 13:01

Brose Fahrzeugteile SE & Co. KG, Coburg

Press Release: Brose invests in further growth in India

Press Release: Brose invests in further growth in India
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Press Release

Brose invests in further growth in India

Pune/India (26 February 2020). Automotive supplier Brose officially opened its new campus in Hinjewadi, Pune on 25 February 2020, with customers as well as representatives from government and industry in attendance. The location, which has a footprint of around 175,000 square feet, is home to 480 employees. Brose is investing 3.2 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 decisions," emphasized 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 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.

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," summarized 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," said Kamath.

About Brose

Brose is the world's fourth-largest family-owned automotive supplier. The company develops and produces mechatronic systems for vehicle doors and seats as well as electric motors, drives and electronics, among others for steering, brakes, transmissions and engine cooling. Approximately 26,000 employees at 64 locations in 24 countries generate turnover of 6.2 billion euros. Worldwide, every second new vehicle is equipped with at least one Brose product.

About Brose India

Brose started its activities in the Indian market in 2006 and has been growing ever since. Today 480 employees develop and produce window regulators, side door latches, door modules and seat height adjusters in Hinjewadi for domestic and global car manufacturers. Brose's local IT service center also supports global business.

Press Contact
Katja Herrmann
Press Spokesperson Daily and Business Media
Phone: +49 9561 21 3430
More stories: Brose Fahrzeugteile SE & Co. KG, Coburg
More stories: Brose Fahrzeugteile SE & Co. KG, Coburg