To consolidate the recent significant growth of Ricardo’s Indian business, and to provide a solid foundation for its further development, a wholly owned New Delhi based subsidiary, Ricardo India Private Limited, has been formed.
“The formal launch of Ricardo India underscores the commitment of Ricardo to providing an improved and expanded service to clients in India, one of the world’s fastest developing markets — and serves to emphasize the increasing global reach and ambition of the company,” the engineering consultancy said in a statement.
It added it had enjoyed a long and successful history of providing engineering and consulting services to Indian customers across a wide range of market sectors, ranging from two and three wheeled vehicles to passenger cars, commercial vehicles and the power generation industry. The company’s numerous ongoing projects for Indian customers include engine and transmission engineering, control and electronics and strategic consulting.
Ricardo India will be chaired by Surjit Singh Kalra, who has been Ricardo’s representative in India for over 20 years. He will be supported by executive vice president Trevor Downes, who has worked for Ricardo in the UK since 1996 in roles including diesel engine development and testing as well as in operational management positions.
Group CEO Dave Shemmans said: “As one of the fastest developing emerging markets and boasting some of the world’s leading industrial companies, India is extremely important for Ricardo. Ricardo India will enable us to more effectively support our Indian customers as they increasingly aspire to enter regional and global markets.”
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