Nexteer Automotive opens software centre, to set up production plant in Chennai

Nexteer said it would hire 50 people initially for the software centre, which would end up with a headcount of 100 to 200.

Nexteer Automotive said it had opened a new software centre in Bangalore and is also planning to set up a plant in Chennai to manufacture electronic power steering.

Nexteer said it would hire 50 people initially for the software centre, which would end up with a headcount of 100 to 200.

The power steering production plant is expected to be functional by the third quarter of the current calendar year.


“Nexteer’s software business model and our enhanced global team structure is based on delivering innovative software solutions with speed, flexibility and seamless vehicle integration for our global automotive OEM customers. The role of software in vehicles – and especially in safety-critical steering – is evolving quickly. Consequently, automotive OEMs’ need for Nexteer’s smart software solutions to their complex challenges has grown exponentially,” Geoff Krieger, Executive Director of Electronic Systems and Software, Nexteer Automotive, said in a statement.
Download
The Economic Times Business News App
for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App
for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
READ MORE
ADVERTISEMENT

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › Tech › Software › Nexteer Automotive opens software centre, to set up production plant in Chennai
Text Size:AAA
Success
This article has been saved

*

+