Pro Plus

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 | 5895 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 ...

This is an Autocar Pro Plus article. Subscribe to continue reading.

RELATED ARTICLES

Pro Plus
Avinya: Tata Motors' Ultimate Premium Test

Ketan Thakkar 29 Jun 2026

Can JLR's influence turn ambition into a brand?

Pro Plus
Valeo: Betting on India's Autotech Shift

Mukul Yudhveer Singh 24 Jun 2026

India contributes just 1% of Valeo's global revenues, but the French supplier's €200 million India investment is rooted ...

Pro Plus
From Everywhere to Somewhere: ZF's Profitability-First Reset

Ketan Thakkar 22 Jun 2026

As ZF navigates industry disruption, portfolio rationalisation and profitability pressures, its new CEO is reshaping the...

NEXT STORY