We share the thoughts and insights of our CEO, David Slump, after his recent visit to India, a country that holds significant importance in the automotive industry and is key for #Marelli.
India is the world’s third largest vehicle market today. I enjoyed time in Delhi last week where I am always amazed by how dynamic and vibrant the country and our team is! We at Marelli see it as a huge growth opportunity. We are further localizing our capabilities and capacities to co-create with local vehicle makers. We will continue to develop at our Delhi Gurugram & Bengaluru tech centers in electronics and software solutions for the vehicles of the future worldwide, already expanded 2x over last 2-years and we will double it again going forward. We will also continue to expand our local manufacturing footprint. It is especially important to our customers that we are working with them to further localize the supply chain of critical technology Tier 2 and Tier 3 suppliers. The week was filled with inspiring meetings with local customers discussing the specific dynamics of this emerging market – as well as great discussions with our highly engaged local Marelli colleagues and teams. I’m proud that we have Ravi Tallapragada, President of Marelli Electronics, based in India running our second largest business globally from India. I’m sure in the near future we will have a second global business leader based in India. I’m also proud of our new India Country Manager, Saju Mookken, for his leadership both internally as well as on our several JV partnership boards. The changes in our industry around electrification, vehicle architectures and software will require us to work, without boundaries, across our partnerships to serve our customers now and in the future. A big thank you to the India team for the warm welcome and hospitality! And, thanks to all our Marelli employees for the contributions you are making.