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Schwing Stetter: Reinventing R&D as a Revenue Engine

Schwing Stetter India's R&D division has transformed from an internal support unit to a revenue-generating innovation center.

24 Feb 2025 | 6179 Views | By Shahkar Abidi

In the sprawling industrial outskirts of Chennai, the research and development (R&D) division of Schwing Stetter India, a wholly-owned subsidiary of Germany’s Schwing Group, is setting an example for similar divisions in other companies. Once perceived as a cost centre – a necessary but peripheral expense in the larger scheme ...

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