Germany-based industrial and automotive components manufacturer Schaeffler Group plans to set up an engineering unit in India to meet the growing needs of the country's electric vehicles. The unit will help Schaeffler tailor India-specific solutions, based on the global solutions developed by the company. The group already uses India as...
Western Companies Flock to India for R&D
German automotive parts company Schaeffler Group will set up a research and development unit in India. The maker of hydraulic clutch release systems, may hire up to 200 people. For all its trouble in the US, American car-maker General Motors is doing well in India. It plans to hire 150...