Financial Daily from THE HINDU group of publications
Wednesday, Nov 12, 2003
Financial Daily from THE HINDU group of publications Wednesday, Nov 12, 2003 |
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Corporate
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Research & Development GM opens tech lab in Bangalore Our Bureau
Bangalore , Nov. 11 GENERAL Motors today announced the opening of its first global technology lab outside the US in Bangalore, which would harness local talent to do research on futuristic vehicles for the world's largest automaker. "The research lab in India provides an increased diversity of talent and resources to our global R&D network," the GM Research and Development Executive Director of the Science Laboratories, Mr Alan Taub, told newspersons today. He said the Indian lab would carry out research in advanced vehicle design, vehicle analysis, lightweight materials, agile manufacturing processes and automotive electronics and controls systems. GM's India Science Lab Director, Mr B.G. Prakash, who earlier worked with Aeronautical Development Agency, said the work at the centre would help accelerate the pace of innovation. In February this year, General Motors announced that it was setting up a global research lab in Bangalore with an investment of around $60 million over three years and hire around 280 engineers. "We are able to tap into these science-rich societies and involve the world's best technical talent," Mr Taub said. The carmaker's global network of research and development activities include its central hub at the GM technical centre in the US and science offices that coordinate industry partner projects and collaborations at leading universities in more than 12 countries. In India alone, GM has over 30 research projects being conducted at universities and the national Laboratories. Mr Taub said the global R&D network would expand the GM's technical capabilities and help respond with creativity and speed and ensure GM's leadership in strategically important technologies. General Motors is one of the fastest growing carmakers in India. It plans to spend over Rs 600 crore over the next one year in its production facility near Baroda. General Motors has already invested over Rs 780 crore in that. It plans to double the existing facility of 25,000 units a year by the first quarter of 2004 which is again expected to be ramped up by another 10,000 units in the second phase. General Motors India is a wholly owned subsidiary of General Motors Corporation and manufactures Chevrolet Optra, the Opel models, the Astra, Corsa and Swing and markets the latest generation Vectra and the sports utility vehicle, Forrester.
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