Grammer is to establish a new India R&D joint venture facility with AllyGrow Technologies based in Pune, Western India.
The new joint technology centre will be particularly responsible for R&D activities which are currently being mainly undertaken by external service providers. The contract for the joint venture is expected to be signed in the third quarter of 2018.
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Grammer’s new partner, AllyGrow Technologies, is a development service provider in the automotive, engineering and aerospace segments. With six facilities around the world, it has 300 engineers who have been active in India for many years.
“The optimum deployment of R&D resources is of crucial importance for Grammer’s continued successful growth new projects and product innovations can be taken to market swiftly and efficiently,” said Grammer CEO, Hartmut Muller.
“With the establishment of our joint venture in India, we will continue to optimise our development processes under the R&D strategy and substantially improve the efficiency of our global R&D structures.”