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Automotive Product Finder Magazine | Valeo sets up Rs 250-mn R&D test lab facility in Chennai
Valeo sets up Rs 250-mn R&D test lab facility in Chennai
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Global automotive technology supplier Valeo has set-up a state-of-the-art R&D test lab facility with an investment of Rs 250 million. The 15,000-sq ft 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 provide efficient support in the areas of mechanical design, simulation, embedded software development, computer vision, machine learning and hardware and functional safety design to Valeo’s global customers.
Commenting on the 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.”
This new test lab facility will provide testing and prototype services to Valeo sites across the globe, supporting its business and product groups.
Global Automotive Technology
Indian Auto Sector
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