MAGNA EXPANDS PRESENCE IN INDIA, INVESTS IN NEW ENGINEERING CENTER
MAGNA EXPANDS PRESENCE IN INDIA, INVESTS IN NEW ENGINEERING CENTER
· Magna investing more than $120 million
· Over 1000 engineers and technical experts expected to be hired by end of 2023
· Center to focus on vehicle electrification and software defined vehicles
AURORA, Ontario, Canada, October 6, 2022 – To match pace with the automotive industry’s acceleration in cle aner mobility solutions, Magna is investing more than $120 million to establish and operate a new enginee ring center in Bengaluru, India to support e-mobility. The new center, called Magna Innovation Campus Benga luru, is in the heart of the Brigade Tech Garden, rich in engineering talent, and will serve as a key center for Magna in powertrain electrification, electronics and softwa...