Valeo sets up R and D test lab facility

Chennai, Mar 18 (GCBusiness) Valeo, the global automotive technology supplier, on Monday announced setting up a state-of-the-art R and D Test lab facility with an investment of Rs 250 million.

The 15,000 sqft facility at Navalur on the outskirts of the city would further strengthen the technical competence of the company’s R and D function and house the test labs of Valeo’s hardware, mechanical and India business R and D divisions.

A company release said the Chennai facility emerged as a global software development hub for the Valeo Group that offers complete products conception capabilities to providing efficient support in the areas of mechanical design, simulation, embedded software development, computer vision, machine learning and hardware and functional safety design to its global customers.

Speaking on the occasion, Mr Ashok Belani, Group President and Managing Director, Valeo-India said the growth potential of the Indian auto sector and the availability of engineering talent pool, makes India a key market for Valeo’s future growth.

Via UNI-India

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