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 engineers to support R&D for next generation engines, transmissions and hybrid; the company said it will enter into fuel cells research in India.
Meanwhile, Ilan Kinreich, COO of Radware, a provider application delivery solutions for business-smart networking, announced the opening of its R&D center in Bangalore. India is one of only three worldwide R&D locations for this American company.
And David Goulden, EMC’s Chief Financial Officer, recently committed to spend $1.5 billion to expand its research and development and services delivery in India until 2014. The company opened a 495,000 square-foot facility in Bangalore. It will house an R&D center and will deliver customer support services. The R&D facility is three times larger than the previous one, and can house up to 3,500 employees.
