Pioneer Corporation has announced plans to expand its footprint in India by establishing R&D at its Gurugram and Bengaluru offices. As per the company, this will further strengthen its global strategy, including the fast-growing Indian market, and promote transforming itself into a solutions and services company.
The expansion of R&D will be focused on growth areas such as infotainment, safety and security products, telematics, and connected solutions for the automotive market, including electric vehicles and two-wheelers.
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Shiro Yahara, President and CEO, Pioneer, said, “We are very pleased to announce the establishment of a new R&D centre in India. We are confident that we will be able to provide new mobility experiences not only in the Indian market but also globally by establishing a system to provide products and services in a timely manner in the fast-growing Indian market.”
Hideaki Ishii, Managing Director, Pioneer India, said, “Pioneer's expansion in India aligns with its long-term business goals and strategies by tapping into the fast-growing Indian automotive market. It enables Pioneer to establish a local presence for product development, targeting the specific needs of Indian consumers and leveraging the potential for growth in the country.”