Mercedes-Benz to Increase Technology, Component Sourcing from India

The Hindu - Business · business

Mercedes-Benz Group AG plans to significantly increase its sourcing of technology and components from India for global operations, according to Chairman Ola Kallenius. The company views India as a crucial hub, leveraging its largest R&D center outside Germany and its extensive production capabilities. While vehicle exports from India are not yet decided, Kallenius expressed optimism about future growth and potential. This strategic move aligns with the automotive industry's transition towards zero emissions and reinforces India's growing importance in global supply chains.