The new JV named as AllyGram Systems & Technologies will establish a technology centre in Pune, to leverage local engineering design expertise.
19 Dec 2018 | 22509 Views | By Autocar Professional Bureau
AllyGrow Technologies, a global engineering service provider to the automotive, heavy engineering and aerospace industries and Grammer, one of the leading automotive interior specialists known for its innovative and high-quality products last month announced partnership in the form of setting up a joint venture in India to develop world-class products ...
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AllyGrow Technologies, a global engineering service provider to the automotive, heavy engineering and aerospace industries and Grammer, one of the leading automotive interior specialists known for its innovative and high-quality products last month announced partnership in the form of setting up a joint venture in India to develop world-class products and solutions for the automotive and commercial vehicle industry.
The JV combines strengths of AllyGrow in the engineering services space and Grammer’s domain expertise to meet the needs of industry’s leading automotive and commercial vehicle majors across the globe. Following the signing of JV agreement last month, the partners announced setting up of a new Technology Centre in Pune, India , which has been officially inaugurated on December 14, 2018. The board members of Allygrow Technologies and Grammer were present during the ceremony, highlighting the strategic importance of the new partnership for the future development of both companies.
Manfred Pretscher, COO of Grammer, said: “We are proud to partner with Allygrow Technologies. Together we can combine our passion, creativity and expertise to develop world-class products and solutions for our customers.”
Commenting on the partnership, Prashant Kamat, CEO, AllyGrow Technologies, said “This strategic partnership indeed is an important milestone in AllyGrow’s journey, which is in line with our growth strategy 'Partnering for Growth'. We are excited at the prospect of leveraging the global expertise of both organisations and building a strong partnership based on state of the art engineering skills.”
The JV christened AllyGram Systems and Technologies will provide engineering services to Grammer’s global R&D sites, therefore making significant contributions towards boosting its global R&D performance.
The centre will leverage the Indian engineering design and development competencies, with Grammer continuing to optimise its development processes and substantially improve the efficiency of its global R&D structures. The Tech Centre with a capacity of 120 engineers will also enable Grammer group to compete with its peers in key markets in Europe, Asia and North America.