Magna Worldwide is spending huge and launching a hiring spree in India.

The Canadian provide big stated Oct. 6 that it plans to take a position greater than US$120 million on a new engineering centre in Bengaluru, India. It would fill the ability with greater than 1,000 engineers by the tip of 2023.

The brand new centre, known as Magna Innovation Campus Bengaluru, will give attention to car powertrain electrification, electronics and software-defined autos, the provider stated in an announcement.

Magna stated it’s constructing the brand new campus “to match tempo with the automotive trade’s acceleration in cleaner mobility options.”

The 240,000 square-foot facility — about 22,250 sq. metres — is predicted to open within the first quarter of 2023. Engineers and technical consultants there can be engaged on software program and system growth, simulation, testing and car integration, in addition to digital, information and cloud options for electric-vehicle applications. 

“Autos and their methods have gotten extra electrified and software-defined, which adjustments the structure and the way we have to develop them,” Magna Government Vice-president and Chief Know-how Officer Anton Mayer stated in an announcement. “With this new engineering centre, we will additional strengthen our car methods growth and IP creation, particularly within the areas of e-mobility.”

Magna Worldwide Inc., based mostly in Aurora, Ont., positioned fourth on the 2022 Automotive Information Prime 100 International Suppliers Checklist, with gross sales of US$36.2 billion.