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Business News/ Companies / News/  Mercedes Benz R&D plans to expand India base
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Mercedes Benz R&D plans to expand India base

Mercedes Benz says its hiring plans are on track

MBRDI currently generates revenue of about €180 million. Photo: AFPPremium
MBRDI currently generates revenue of about €180 million. Photo: AFP

Bangalore: Mercedes Benz Research and Development India Pvt. Ltd (MBRDI) said on Wednesday that it plans to expand its India base.

“We will set up an additional building in Bangalore for logistics and operations. The 250,000 sq ft building in Whitefield in Bangalore can house 2,000 more people," said Manu Saale, managing director and chief executive officer of Mercedes Benz Research and Development India Pvt. Ltd.

Daimler had unveiled its present research and development centre in Bangalore a year ago and currently employs about 1,400 people in India.

Saale, who took over as the managing director and chief executive of the centre in May, said the company’s hiring plans were on track. “We had put a target of 2,000 people by 2015, but in December 2014, we will easily cross 2,000," he said.

MBRDI currently generates revenue of about €180 million.

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Published: 06 Aug 2014, 11:31 PM IST
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