Marquardt Group expands in India, launches global Research & Development Center
Marquardt India, a leading manufacturer of electromechanical and electronic switches and switching systems for automobiles and other sectors opened its global R&D center in Pune today. The center with skilled engineers is well-equipped to cater to the demands of global and local automotive customers. Dr. Harald Marquardt, Chief Executive Officer of the Marquardt Group, and Mr. Vishal Narvekar, Managing Director of Marquardt India Pvt. Ltd. inaugurated the new R&D center.
India is a very significant market for Marquardt
On the Inauguration of the R&D center, Dr. Harald Marquardt, Chief Executive Officer of the Management Board of the Marquardt Group said, “We are celebrating a very special premiere in the 97-year history of the Marquardt company: never before have we set two such major milestones in one country in just one week, as we inaugurate our new R&D center today and tomorrow we will do the groundbreaking ceremony of Marquardt India’s production plant at Talegaon. India is a very significant market for the Marquardt group and we have been working hard to develop our presence here. With this cutting-edge facility, we will increase our competitiveness and R&D capabilities not only in the Indian market, but also globally. With our clients at the center of all we do, we will continue developing industry-leading products and services to meet their highest demands. Our investment in India is a clear and everlasting commitment to the country”.
Creation of several hundred new jobs
He further added, “Tomorrow we will start the next construction project in India: At Talegaon, we are investing in a state-of-the-art plant that will be completed as early as mid-2024. On a total area of more than 5 acres, we will accommodate production and electronics manufacturing as well as logistics, training rooms and a nice staff restaurant.
