New R&D center in India
On Wednesday, 5 February 2014, a ceremony was held to prepare for the new research and development (R&D) center in Pune, India. Approximately 50 Sandvik colleagues joined the ceremony.
The Asian market continues to be an important factor in Sandvik´s growth strategy. To enable future business development in this region, Sandvik will establish a Group R&D Center in India.
Pune is an important Sandvik site in terms of production, R&D, design and engineering. During the period 2014 and 2017, an organization will be gradually developed. A Group R&D team of modeling and simulation experts is already in place, and in the coming years, this organization will expand to around 90-100 employees.
Why invest in R&D in India?
The most important reason is that it enables Sandvik to maintain the close relations with customers in India and to secure local adaptations for innovative technical solutions. The center will carry out strategic research aimed at developing future business opportunities for the Group. The Pune R&D center will be an important complement to existing R&D units in all business areas globally for materials and process engineering.
The center will be certified as a "Green building". To secure a sustainable environment, it will be energy efficient and designed to create a good work environment for all employees.
Technical and R&D capabilities in India are undergoing significant development. Utilizing this expertise means great opportunities for Sandvik, as R&D is an enabler for business development. Initially, Sandvik is particularly interested in computational simulation competence and a knowledgable team is already in place in Pune. The Group R&D Center India will enable us to develop new technical concepts and opportunities that will benefit both global and local growth.
Olle Wijk, Head of R&D, Sandvik Group, breaking ground for the new center on 5 February 2014.