Dec 20: In a bid to establish a joint venture in India so as to develop world-class products and solutions for the automotive and commercial vehicle industry, AllyGrow Technologies, a global engineering service provider to the automotive, heavy engineering and aerospace industries, and Grammer AG, one of the leading automotive interior specialists well known for its innovative and high-quality products have joined hands.
The joint venture will combine the capabilities 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.
The new joint Tech Center in Pune was officially inaugurated recently. AllyGrow Technologies and Grammer AG board members were present. According to a Grammer AG top official, the partnership with AllyGrow Technologies would help the company to combine its passion, creativity and expertise to develop world-class products and solutions for our customers.
AllyGrow Technologies has said that the partnership need to be seen as an important milestone in the company’s journey, which is in line with its growth strategy ‘Partnering for Growth’.
The joint venture ‘AllyGram Systems and Technologies’ will be providing engineering services to Grammer’s global R&D sites and therefore will make significant contributions towards boosting Grammer’s global R&D performance.
By virtue of leveraging the Indian engineering design and development competencies Grammer can now continue to optimize its development processes and substantially improve the efficiency of its global R&D structures. The Tech Center will also enable Grammer group to compete with its peers in key markets in Europe, Asia and North America. Designed for the future, the world class Tech Center will have a capacity of 120 engineers, said a news report.