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Pininfarina to Set Up a Design Centre in India with Support From TataPininfarina intends to establish a Research, Design and Engineering Centre in Pune, India within the end of 2008.
Pininfarina and Tata have signed a Letter of Intent wherein Tata will support this Centre in India with contracts and participate with a minority interest.
Pininfarina will be the majority shareholder with management responsibility.
"This agreement witnesses the great attention Pininfarina is dedicating to an emerging and highly developing market such as the Indian one," declared Andrea Pininfarina, Chairman and CEO of Pininfarina S.p.A.
"Thanks to our partner, one of the worldwide major automotive manufacturers with strong roots on the Indian market, we will reach a higher excellence level in the design and engineering sectors".
The Centre - that will be able to provide its services also to other Indian and international automotive manufacturers - enlarges the Pininfarina offer of services to the OEMs, thus strengthening the engineering best cost services developed since 2005 with Pininfarina's Moroccan engineering centre.
more: Pininfarina to Set Up a Design Centre in India with Support From Tata
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27/4/2008 | Viewed 16,475 time(s)
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