New Delhi, Jan 30 (IBNS): Automobile giant Hero MotoCorp on Wednesday announced setting-up of its first Research and Development (R&D) Center at a global location - the Hero Tech Center Germany GmbH.
A wholly-owned subsidiary of Hero MotoCorp Limited - the new Center of technology - located at Stephanskirchen near Munich in Germany - will operate in tandem with Hero’s Global R&D hub, the Center of Innovation and Technology (CIT) in Jaipur, in the northern Indian state of Rajasthan.
Dr. Pawan Munjal, Chairman, Hero MotoCorp said, “Setting up of the Hero Tech Center Germany GmbH is a realization of our aspiration to build an R&D eco-system that is spread across global geographies. Ever since Hero began its solo journey in 2011, we have had a clear and focused plan to enhance and strengthen our technological know-how and product development capabilities. We set up the Center of Innovation and Technology (CIT) in Jaipur in 2016 and since then, this facility has been designing and developing a range of new mobility solutions for customers across the globe.
“The Hero Tech Center in Germany will be a source of modern technologies with a focus on the global customer base, thereby further strengthening our R&D capabilities. The Tech Center will also enable us to easily tap into the huge pool of resources readily available across Europe and merge them with our ongoing operations at the CIT.”
Hero MotoCorp already has an efficient technology eco-system where it engages with top global design and technology houses from across the world, including Italy, Spain and Thailand.
To begin with, the Hero Tech Center Germany GmbH – which will be under the direct supervision of Dr. Markus Braunsperger, Chief Technology Officer (CTO) at Hero MotoCorp - will focus on development of new vehicle concepts and future technologies in close cooperation with the teams at CIT in Jaipur. It will also be the epicenter for Hero’s motorsport team - the Hero MotoSports Team Rally that has put India on the global map of motorsports in a short span of time - and will facilitate all rally participation activities, including new product development for the Team.
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