Cummins Invests 1000 Crores to Expand R&D Centre in India
Published On Mar 29, 2016
Renowned manufacturer Cummins Inc is investing a massive sum of INR 1,000 crore to expand its R&D center here in India. “Investment in the R&D center will be completed by the end of 2016. India is among our top five markets and tech capabilities available here will grow significantly once the investment is completed,” said Anant Talaulicar, chairman of Cummins Group India.
The R&D facility is wholly owned by the company. According to Mr Talaulicar, the company was developing technology oriented towards cleaner energy, involving natural-gas driven commercial vehicles that would help companies in Europe meet the new Euro VI emission norms. The firm was also active in the search for eco-friendly transport in India. Upon the disclosure of the norms for the new Bharat Stage VI standard, the company would conduct research that would help drive the country's auto-sector to meet the new standards. “The challenge is to arrest the price increase on account of upgrading to BS-VI emission norms,” said Mr Talaulicar.
This is supposedly the largest research and development center that the company maintains outside of the United States. It hosts a total of 1500 engineers, and more than 500 would be added in the coming year.
Cummins is a multinational corporation involved in the production of generators, engines and a host of other mechanical equipment. Based in Columbus, Indiana, the American firm has a widespread presence that stretches across 190 countries, with a network of dealers that runs in the hundreds. A fortune 500 company, the brand employs more than 50,000 highly trained personnel and reports incomes close to 2 billion USD every year.