Seoul, Dec 8 (NationPress) Hyundai Mobis, the leading automotive parts manufacturer in South Korea, announced on Monday the opening of an additional research and development (R&D) centre in India to cater to the increasing demand from international automakers for the development of essential components.

This new facility, situated in Bengaluru, will function as a dedicated software R&D branch, supplementing the existing R&D centre launched earlier this year. This initiative is part of a dual-track approach designed to align with local market demands, as indicated in a company press release, which was reported by Yonhap news agency.

The automotive sector in India is transitioning from compact vehicles to mid- to large-sized models. As the adoption of advanced electronic components, including advanced driver assistance systems (ADAS), increases, the demand for sophisticated auto parts has surged.

The company stated, "The current integrated R&D hub in Hyderabad will continue to act as our local R&D headquarters, concentrating on software strategies and application developments. The second branch will focus on hardware-related areas, establishing frameworks that underpin software functionality."

In India, Hyundai Mobis produces modules and critical components across its two facilities in Chennai and Anantapur, while its Gurugram parts plant guarantees a consistent supply of after-sales service components.

The firm aims to amplify the value of orders from global clients in India by six times by 2028 compared to 2025, although specific figures have not been disclosed.

This year, Hyundai Mobis is targeting global orders worth US$7.44 billion, a significant increase from $2.56 billion last year, driven by high demand for value-added electric vehicle (EV) components, as per the report.

Currently, Hyundai Mobis generates 90% of its overall parts sales through two affiliated automakers. The company seeks to raise the proportion of international parts sales from 10% to 40% by 2033.