Valeo,
the French automotive technology supplier has set-up a state-of-the-art R&D
Test Lab facility with an investment of INR 250 Million. The 15,000 square feet
facility at Navalur, Chennai will further strengthen the technical competence
of Valeo’s R&D function and house the test labs of Valeo’s Hardware,
Mechanical and India Business R&D divisions.
The
R&D facility in Chennai has emerged as a global software development hub
for the Valeo Group that offers complete products conception capabilities to
providing efficient support in the areas of Mechanical Design, Simulation,
Embedded Software Development, Computer Vision, Machine Learning and Hardware
& Functional Safety Design to Valeo’s global customers.
This
newly set-up Test Lab facility will provide testing and prototype services to
Valeo sites across the globe, supporting Valeo’s Business and Product Groups.
The R&D lab in Chennai will also enable the Group to locally design and
develop solutions for Valeo’s Indian customers.
Commenting
on the Test Lab Set-up, Ashok Belani, Group President and Managing Director,
Valeo - India, said, “The growth potential of the Indian auto sector and the
availability of engineering talent pool, makes India a key market for Valeo’s
future growth. Started in 2010, the Chennai facility has now become a key
contributor and our investment towards the Test Lab is a strategic step for
strengthening our capabilities to enhance the value that we provide to our
customers.”
Globally,
Valeo is in the epicenter of three automotive revolutions (electrification,
digital mobility and autonomous cars) and developing a wide range of innovative
products that are positioning the company as a technological leader in the
global marketplace.
Present
since 1997 in India, Valeo has developed a very strong Indian footprint in the
last 20 years. Valeo today has seven production Sites, one global R&D
center, two Distribution Platforms, two Front offices to serve clients. Valeo
employs 4,000 + people in India, of which nearly 50% are engineers.
Started
in 2010 with 50 engineers at Chennai, today the R&D hub employs 1000 + Indian
engineers, leveraging their skill sets to provide efficient support in the
areas of Mechanical Design, Simulation, Embedded Software Development, Computer
Vision, Machine Learning and Hardware & Functional Safety Design to Valeo’s
global customers. The division plans to increase its headcount to 5000
engineers by 2023.
Source: Valeo