India Global R&D

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• 1

  Okinawa Autotech, Indian EV player, announced the inauguration of its first Research and Development Center in Italy, in association with its joint venture partner Tacita. The R&D Centre has been developed with a total investment of 25 million euro over next three years. The first product designed at the global center will be an electric cruiser motorcycle.

  Q1(Jan-Feb-Mar), 2023

• 2

  Mahindra & Mahindra formally inaugurated its new design centre of excellence, Mahindra Advanced Design Europe (M.A.D.E), which will serve as the conceptual hotbed for the company?s portfolio of EV products. Physically present at the heart of innovation, M.A.D.E is located at the global automotive and EV hub of Banbury, Oxfordshire.

  Q3(Jul-Aug-Sep), 2022

• 3

  Pune-based Brinton Pharma to setup R&D centre in UK

  Q2(Apr-May-Jun), 2022

• 4

  Delhi-based Microtek plans to further consolidate its position in the healthcare market. The company is looking to set up an offshore R&D centre in Ireland, adding to the similar facilities it has presently, in India and Taiwan.

  Q4(Oct-Nov-Dec), 2021

• 5

  Bajaj will open a R&D center in Thailand, its first outside India.

  Q4(Oct-Nov-Dec), 2020

Other News

• 1

  TVS Announces Investment Of GBP 100 Million In Norton Motorcycle. Norton Motorcycles also recently inaugurated its new global headquarters at Solar Park, in Solihull, UK, which houses a manufacturing facility, a new global design, and an R&D centre.

  Q2(Apr-May-Jun), 2022

• 2

  TVS acquires Switzerland’s largest electric-personal-mobility solution provider SEMG, with revenue up to $100 million

  Q1(Jan-Feb-Mar), 2022

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