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Hyundai Mobis opens R&D center in Bengaluru to expand India’s role in global auto parts supply.
Hyundai Mobis, South Korea’s top auto parts supplier, has opened a new R&D center in Bengaluru, India, to boost software development for advanced automotive systems.
The facility complements its existing hub in Hyderabad and supports the company’s strategy to expand India’s role in global auto parts supply.
The move aligns with rising demand for high-tech vehicles and electric components in India.
Hyundai Mobis aims to increase global customer orders from India sixfold by 2028 and raise its overseas sales share to 40% by 2033.
Global orders from India are projected to reach $7.44 billion in 2025, up from $2.56 billion in 2024.
Hyundai Mobis abre centro de investigación y desarrollo en Bengaluru para expandir el papel de la India en el suministro mundial de autopartes.