US design firm plans center in B’lore

By : |February 20, 2004 0

HYDERABD: Quantech Global Services, a high-end automotive design, analysis and engineering services company, is investing $2 million in expanding operations in India. According to President and CEO of Quantech, Dr Mukesh Gandhi, “the company would be expanding operations of its Asian Technical Center in Hyderabad and by mid-2004 will be launching its second Asian Technical Center in Bangalore, adding another 200 engineers to its existing headcount of 200 people in India.”

Gandhi added that the company riding on the growth of the automotive segment in Asia plans to start operating in Bangalore from its campus with an initial built-up area of 5,000 sq. ft., which will be further scaled up to a total of 20,000 sq. ft. housing 300 people. “Over the next 18 months, we will be putting in approximately $5 million in India and will take our headcount up to 700 members. Our growth strategy is to continuously expand and bring design and engineering capabilities closer to customer,” he reiterated.

With a client list including Ford, General Motors, etc., the company provides a complete product cycle lifestyle management expertise from concept to pre production for the automotive industry. Quantech’s India operations will concentrate on the domestic market, transplants (the auto-global majors in India) and the rest of Asia. The company is also setting up a sales team to cater to the domestic market.

Gandhi informed that he is expecting at least three Indian companies to tie-up with Quantech Global for engineering design services in a few months’ time.

According to CFO of Quantech Global, Dave Zischke, reducing the time to market through simulation tests by itself results in up to 50 per cent savings. “With a core competency built on automotive expertise the company is the preferred offshore partner for major OEM’s and Tier 1 suppliers,” he informed.

CyberMedia News


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