Magna inaugurates Innovation Campus centre in Bengaluru
The Innovation Campus will focus on end-to-end software and system engineering and product solutions addressing future market trends.
Magna, a mobility technology company has inaugurated its Innovation Campus in Bengaluru, India. The campus – spanning 239,000 square-feet – will be the center of the company’s R&D activities in Asia and will support various global projects.
As per the company announcement, Magna has invested approximately US$120 million towards the manufacturing of the centre and has created over 1,200 new technology-focused positions. The Innovation Campus will focus on end-to-end software and system engineering and product solutions addressing future market trends such as driver assistance, electric vehicles and vehicle systems architectures.
Speaking at the inauguration, Anton Mayer, Magna Chief Technology Officer, said, “This campus will be a hub of innovation, bringing together the brightest minds and fostering collaboration to drive the transformation of the automotive industry towards a more sustainable future."
Additionally, the campus and the team are equipped with state-of-the-art tools and machinery, enabling Magna to delve into a range of new technologies, which includes System on Chip (SoC) and base software development for upcoming products, as well as the creation of new feature functions, calibration, parametrisation, and rigorous testing of vehicle systems. The company also wants to focus on artificial intelligence and machine learning for self-learning and adaptive functions that respond to diverse driving conditions.
RELATED ARTICLES
Omax Autos Q2 Net Profit Surges to Rs 11.70 Crore from Rs 33 Lakh
Higher operational revenues drive bottom-line expansion for the Gurugram-based auto component manufacturer.
Hyundai’s Made-for-India EV Expected to Carry Ioniq P Name
Management names Ioniq P during its Q3 2026 analyst call, while Hyundai Motor India has yet to announce the nomenclature...
Montra Electric SUPER AUTO FX Gets 15-Minute Rapid Charging
The electric passenger three-wheeler will initially offer rapid charging through Exponent Energy’s network of more than ...



07 Jun 2023

Ketan Thakkar