EQS-News Schaeffler AG: Schaeffler Group inaugurates software technology center in India to strengthen its e-mobility offering worldwide
EQS-News: Schaeffler AG / Key word(s): Miscellaneous
The newly formed entity Schaeffler Technology Solutions India Private Limited is a wholly owned subsidiary of the Schaeffler Group and will employ 200 engineers by end of 2022. As part of Schaeffler’s E-Mobility business division the new entity will closely cooperate with the headquarter in Bühl, Germany. Schaeffler plans to ramp up the development team in India within the next years, making the country a main location and competence center for software and electronics development.
Uwe Wagner, Chief Technology Officer at Schaeffler AG, said at the inauguration: “Strengthening competencies in mechatronics, electronics, and software plays a decisive role in Schaeffler's company strategy Roadmap 2025. In this way, we will actively shape the transformation toward sustainable and electrified mobility. As part of the Schaeffler global R&D network, the newly established entity Schaeffler Technology Solutions India Private Limited in Pune will here play a key role. Together, we are very well equipped to continue our successful journey to pioneer motion.”
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