Magna bets big on India, to invest $120 million in new engineering centre

The Rs 970 crore Magna Innovation Campus Bengaluru will serve as a key centre for Magna in powertrain electrification, electronics and software defined vehicle development.

10 Jan 2023 | 21269 Views | By Autocar Pro News Desk

Magna, one of the world’s largest suppliers and which already has 12 manufacturing divisions and three product development centres throughout India, today opened a brand-new engineering centre in Bengaluru.  

To match pace with the automotive industry’s acceleration in cleaner mobility solutions, Magna is investing more than $120 million ...

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