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Automotive tech supplier Valeo sets up Rs 25 cr R&D test lab in Chennai

The 15,000-sq ft unit is expected to strengthen technical competence of Valeo's R&D function and house the test labs of the company's hardware, mechanical and India business R&D divisions

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BS Reporter Chennai
Automotive technology supplier Valeo has set up a state-of-the-art R&D Test Lab facility at an investment of Rs 25 crore in Chennai. This is the company's second R&D unit in Chennai. Valeo is planning to increase its headcount to 5,000 engineers by 2023.

The 15,000-square foot facility at Navalur, Chennai is expected to further strengthen the technical competence of Valeo’s R&D function and house the test labs of the company's hardware, mechanical and India business R&D divisions.

The R&D unit in Chennai has emerged as a global software development hub for the Valeo Group. It offers complete product conception capabilities and provides