Marquardt, a Germany-based maker of mechatronic components, has set up an R&D center at Hinjewadi in Pune in the western state of Maharashtra. The facility will collaborate on products for the global automotive segment.
“In the past year we have received our largest contract in India from Tata Motors. Starting in the third quarter of 2016, we will deliver Passive Entry Passive Start Systems for various cars of the OEM [original equipment manufacturer],” Dr. Harald Marquardt, CEO of the group said, according to The Hindu Business Line. The company also plans to set up a manufacturing unit, most likely in Pune in the next four-five years, the CEO added.
