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Hyundai,
India
Over the past decade, Hyundai has rapidly moved up into the top echelon of the worlds automakers and part of its success has come from better tailoring its cars to local needs. To help in that respect, the South Korean company has opened a network of technical centers in the regions where it does business.
Last week, Hyundai opened it fourth R&D facility outside of Korea with its new location in Hyderabad, India. The Indian center will focus on developing small cars and the home office has named it the global center of excellence for the segment.
The Hyderabad Center is starting off with 300 engineers and will also be providing support services to other locations in South Korea, Japan, Germany and the United States. The 300,000 square-foot facility took two years to build at a cost of $25 million.
[Source: Hyundai]
Continue reading Hyundai opens Indian R&D facility to develop small cars
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