Pioneer Corporation today announced plans to expand its footprint in India by adding R&D presence.
“By establishing R&D at Pioneer India in Gurugram and Bengaluru office, we will accelerate creating of innovation and develop innovative products and services in the mobility field as well as focusing on recruiting and training engineers with the aim of strengthening R&D. This will further strengthen our global strategy, including the fast-growing Indian market, and promote transforming itself into a solutions and services company that we aim to be,” the company said in an official statement.
According to the company, it specifically appointed industry veterans to strengthen the global strategy, including Siva Subramanian as Chief Innovation Officer of the Mobility Consumer Company in January 2023 and Arvin Baalu as Chief Product Officer of the Mobility Product Company in March 2023.
The expansion of R&D in the India headquarters, based in Gurugram and the additional office in Bengaluru will be focused on growth areas such as infotainment, safety and security products, telematics, and connected solutions for the automotive market including electric vehicles and two-wheelers.
Shiro Yahara, President and CEO of Pioneer, said, “We are very pleased to announce the establishment of a new R&D center in India. We are confident that we will be able to provide new mobility experiences not only in the Indian market but also globally by establishing a system to provide products and services in a timely manner in the fast-growing Indian market.”
Hideaki Ishii, Managing Director, of Pioneer India, said, “Pioneer’s expansion in India aligns with its long-term business goals and strategies by tapping into the fast-growing Indian automotive market. It enables Pioneer to establish a local presence for product development, targeting the specific needs of Indian consumers and leveraging the potential for growth in the country”.
The India R&D teams will work closely with Pioneer’s technology development centers in Japan and other countries to develop innovative new products and solutions for the Indian and global markets inching closer to the country’s vision of “Make in India.”
