Small cars are becoming trendy on Indian roads. Many of the chief auto manufacturers like Hyundai Motor, Maruti Suzuki, and General Motors are all set to build up their R&D operations in India. The main objective is to make India a hub for small cars.
Hyundai is geared up to set up a 4-fold increase in headcount at its R&D division to increase models to both domestic as well as global markets. Maruti has also made plentiful recruitment this year where 250 engineers are recruited and aims for a target of increasing 1,000 engineers by 2010 to manufacture new models for Suzuki.
According to HS Lheem, Managing Director and CEO, Hyundai Motor India Limited, “We will increase headcount from 200 now to 800 in 2009 at our R&D centre in Hyderabad with focus on developing new models for the Indian car market.”
According to S Nakanishi, Managing Director, Maruti Suzuki, Developing Maruti R&D is among the company’s top priorities to meet the aggressive strategy for new model launches.
Recently General Motors India has set up an R&D centre in Bangalore and the centre targets to acquire the headcount up to 500 to furnish needs to global markets.