Dearborn, Michigan-based Ford Motor Co. said it will invest $195 million and create 3,000 jobs over the next five years for a new global technology and business center in Chennai, India. The site will feature 2.5 million square feet of floor space which will house engineers, IT, finance, accounting, data...
Inteva Products Inaugurates India Technical Center
Troy, Michigan-headquartered Inteva Products, a global Tier One automotive supplier of engineered components and systems, celebrated the opening of its new India Technical Center in Bangalore. On the occasion, Inteva President, CEO and Founder Lon Offenbacher said the idea behind this facility was to expand the company’s technical capabilities and...
Stryker Banks on India R&D to Accelerate Sales in Emerging Markets
Michigan-based medical device manufacturing company Stryker is increasingly relying on its research center based in Gurgaon near New Delhi for new products as it puts into motion an aggressive strategy to accelerate sales from emerging markets such as India and China, reports the Economic Times. The company’s no frills power...
Jeep Brand Returns to India
Celebrating its most successful year ever in 2015 selling over 1.2 million cars, and its 75th anniversary this year, Jeep, the wholly owned subsidiary of Fiat Chrysler Automobiles of Michigan, disclosed that in mid-2016, it will start selling cars in India for the first time. Jeep Wrangler Unlimited, Jeep Grand...
Visteon to Acquire India-based AllGo Systems
Headquartered in Van Buren Township, Michigan, global automotive cockpit electronics supplier Visteon Corporation will acquire Bangalore-based AllGo Systems, a developer of embedded multimedia system solutions for global vehicle manufacturers. The deal is expected to close during the first quarter of 2016. Terms were not disclosed, reports WTOC. “AllGo's strong position...
America's Jeep Returns to India with $280 Million Investment
Fiat Chrysler Automobiles announced that it will invest approximately $280 million in its manufacturing joint venture, Fiat India Automobiles, with Tata Motors. The manufacturing facility in Ranjangaon, located around 31 miles (50 km) from Pune in the western state of Maharashtra, will support the production of a new Jeep vehicle. Production is...