chachachoudhary
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New Delhi: In a strong indication of the growing clout of emerging markets in the operations of major auto giants, luxury carmaker Mercedes-Benz is planning to step up sourcing of key components from India and make the country an important R&D hub in the next few years.
The company had identified India as a key market for its cars and was looking to make India a part of the Mercedes-Benz story worldwide, Wilfried Aulbur, managing director & CEO of Mercedes-Benz India, told FE.
This is part of our efforts to source from any place where there is good quality, best delivery capability and best price. We have identified India and China as the two countries which would be our focal points.
Aulbur said components sourced from India at present formed a very small part of Mercedes-Benz products globally. However, in the coming years, the share would go up gradually. As the Indian auto market grows, exports from the country would also go up. We have seen that with Korea and the same is going to happen here. But it would take some time and investment... That's why we want to put our resources here (in India), he added.
Apart from making India an important hub for its global portfolio, Aulbur said the company is also looking to set up its R&D centres in Bangalore and Pune to develop and engineer important motors for its cars. It (India) is the biggest R&D center outside Germany. So far, we are doing part development. The next step would be to do motor development and then move to variant development out of Bangalore. There is a clear plan in terms of value addition out of Bangalore that we see, he said. The total number of engineers in Bangalore and Pune stand at 550 at present, doubling from 2006 when the number was 200. We would look to recruit more engineers for India, he said.
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