Hyundai Mobis announced that it has opened an R&D base dedicated to software in Hyderabad, Telangana, which is known as the Silicon Valley of India. Following the launching of its first Technical Center of India in 2007, Hyundai Mobis established its second Indian center in 2020, and has since operated those two centers. The new integrated large-scale R&D center aims to accommodate the increasing number of software R&D personnel and combine the company's dispersed R&D centers to maximize synergy.
Located in the center of Hyderabad, the new integrated R&D base has a total floor area of about 24,000 ? and is located in a commercial area where global technology giants are concentrated, making it easy to secure excellent software talent. The 10-story building houses research spaces, data centers, labs and training rooms, partner workspaces, and break rooms. Behind the company's decision to build the R&D base was the rapidly growing Indian automotive market.
According to a global research firm, India's annual new car sales volume is 5.2 million vehicles, the third in the world, and is expected to grow to 6.2 million by 2028. In particular, as the Indian automobile market has shifted from small cars to SUVs and EVs, the application of new level 2 autonomous driving features such as large displays and advanced driver-assistance systems (ADAS) is becoming more active. Accordingly, Hyundai Mobis is putting in a lot of effort to make its Technical Center of India a strategic hub for boosting global sales.
To this end, the company plans to develop it into an R&D hub that drives product cost competitiveness, performance, quality, and technology based on its abundant software R&D personnel. Hyundai Mobis plans to collaborate with vehicle software companies near its R&D center in Hyderabad, creating an external ecosystem and continuing to hire talented people.
