KPIT Technologies Expands Columbus, Indiana, Technology Center
10/05/2020
KPIT plans to invest $350,000 to upgrade software and equipment and grow its team at its Columbus technology facility, increasing product development capabilities while better supporting its customer needs by leveraging local talent, universities and technology partners.
“The U.S. continues to be a key growth market for KPIT," said Sachin Tikekar, president and board member of KPIT. "Our earliest setup in the U.S. was in Columbus, Indiana with our strategic partnership with Cummins. Over the last 15 years, this relationship and investment in Columbus helped us initiate and expand our journey as a software integration partner to Automotive and Mobility very deeply. Today, the leaders in the Automotive and Mobility industry turn to us for solving the next generation of challenges. Coming back to Columbus and investing, reiterates our commitment to bring together the best of talent and drive innovation in Automotive and Mobility software for our clients worldwide.”
KPIT, which has a U.S. workforce of more than 500 engineers at its tech centers in Michigan and Indiana, committed to creating up to 175 new jobs and has already hired 100 new positions since late 2019 toward its goal.
Approved by the Indiana Economic Development Corporation board of directors, the IEDC offered KPIT Technologies Inc. up to $3.2 million in conditional tax credits and up to $75,000 in training grants based on the company’s job creation plans. These tax credits are performance-based, meaning the company is eligible to claim incentives once Hoosiers are hired. Greater Columbus Indiana EDC provided additional support.
"Indiana is leading a tech transformation in the Midwest with global companies like KPIT choosing to grow here and create quality career opportunities for Hoosiers," said Governor Eric J. Holcomb. "With a thriving tech ecosystem and the second largest automotive industry in the nation, our state is the perfect location for the convergence of these essential sectors."
KPIT, headquartered in Novi, Michigan, is a subsidiary of Pune, India-based KPIT Technologies Ltd., which has been operating in the U.S. for more than 15 years. In 2019, KPIT concentrated its focus solely on the automotive and mobility sectors.
“KPIT Technologies operates at the intersection of that which drives so much of the Columbus, Indiana economy,” said Mayor Jim Lienhoop. “Advanced mobility technologies, engineering excellence, foreign direct investment, and engaging a diverse and talented workforce are all attributes that we find in common with KPIT, and we are pleased to welcome their new investment in our community.”
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