KPIT strengthens position in US
KPITs Software excellence center in Novi, Michigan, aims to build on its two decades of presence in the US.
KPIT Technologies announced expanding its presence in the US further with a software excellence center in Michigan. This move is expected to accelerate software-defined vehicle development for mobility OEM giants and Tier 1s within the US.
KPITs Software excellence center in Novi, Michigan, aims to build on its two decades of presence in the US. The center will enable teams to work closely with OEMs and Tier 1s, who have decades of partnership with KPIT and technology companies disrupting the mobility ecosystem.
In Q4FY22, KPIT secured TCV deals of $125 million, majorly from the American region. Even in terms of revenues, the US and Asia posted moderate growth of about 8.8 percent each on a sequential basis. Europe on the other hand saw business falling by 2.4 percent QoQ.
Sachin Tikekar, Joint MD and Member of the Board, KPIT Technologies, said, " As the mobility industry stands at the crux of exciting times, our expanded presence will help us further engage deeply with our clients. We will further drive value through our transformational solutions."
Chinmay Pandit, Head of US Geography, KPIT Technologies, said, "The US is one of our most promising geographies. We are looking at significant growth and will add over 300 roles in the near term. Our work with global leaders, including cutting-edge technology, demands top talent at scale. Our academic alliances with universities across the US will help us engage top-notch local engineers. Our centre will enable our teams to jumpstart their career growth paths through exciting opportunities, as well as help serve our clients better."
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