India-based Mahindra USA Inaugurates Technical Center In Troy, Michigan
The company said its "first technical center in the USA and will leverage Michigan's large automotive talent pool to provide design and consulting services for Mahindra's automotive customers in the region."
"This new Technology Center will serve as a base for Mahindra to address the engineering demand for our automotive and farm engineering requirements together with our Global Development Center in India. We will now be able to offer 24-7 engineering services to our global customers. The Troy Center is the latest addition to our neural network of innovation which also comprises of our other research facilities in India, US, China and Korea," said Rajan Wadhera,Chief Executive -Technology, Product Development and Sourcing, Automotive and Farm Equipment Sectors, at the Mahindra Group.
"The inauguration of our new Troy Technical Centre is a proud moment for us as we are now present in one of the world's leading automotive hubs. This is our first Technical Center in the USA and it will enable us to leverage local R&D talent to deliver innovative solutions to our customers in the region. We also plan to scale up the Center in due course and will establish a dedicated recruiting department in the US office to meet this goal. We currently have a workforce of about 100 in North America with over 60 percent comprising US nationals hired locally. Hence, wherever we are located, our priority is to contribute to the local community and economy," said Prashant Kamat, CEO Mahindra Engineering.
"Mahindra is a global provider for automotive engineering services, and we are thrilled with the company's decision to locate its first North American technical center and new jobs in Troy," said Michigan Economic Development Corporation President and CEO Michael A. Finney. "This investment shows our highly competitive business climate and tremendous workforce capabilities mean real opportunities for leading-edge companies."
While information on any tax incentive offered the firm was not immediately available, Troy City Manager, Mike Culpepper, said "Our number one goal is to help new and existing businesses locate, grow and expand within the City of Troy."
He added, "We are delighted that Mahindra has chosen Troy as the location for its first Technical Center outside India. This is testimony to the fact that Troy is Michigan's top location for Automotive Research and Development facilities due to the presence of local talent, our business-friendly policies, and proximity to important markets in the northeastern United States."
Dollar General Plans Walton, Kentucky Distribution Center and Bowling Green Cold Storage Hub
2019 Top States for Doing Business: Georgia Ranks #1 Sixth Year in a Row
2019 Leading Metro Locations: Pacific and South-Atlantic Metros Dominate the List
Site Selection 2020: The Importance of “Regional Depth” with Global Reach
A Heightened Focus on Reshoring
34th Annual Corporate Survey & the 16th Annual Consultants Survey
How are Uncertain Times Altering Company Location Strategies?