Hyderabad: Quantech Global Services, the Indian subsidiary of the US based automotive design analysis and engineering services company, has announced expansion plans for its Asian Technical Centre in Hyderabad.

The company plans to invest $2 million in the Hyderabad center in the next one year. This includes setting up a new 20,000 sq ft facility and recruiting more engineers. The company at present employs 200 engineers at the Centre. Quantech Global has invested $5 million in the past five years in its Indian operations.

Dr Mukesh Gandhi, president and CEO of Quantech Global says, "India and the Asia Pacific region offer tremendous opportunities for us. We see our Asian Technical Centre in India contributing significantly to our revenues as our entire customer mandate for product design and development lies with the Indian team."

Dave Zischke, the chief financial officer of the company said, "India is on a vertical growth path and is gaining the most preferred nation (MFN) status for business and technology advancement by global companies. We intend to take advantage of these opportunities and expand our operations by recruiting another 200 people for our facility in Hyderabad."

They said Quantech Global provides the automotive industry complete life cycle management expertise from concept to pre production and has been rated as the best in its class by companies like General Motors, Toyota Motor, Ford and Daimler Chrysler among others.

The company's technical center comprises of a 20,000 sq ft facility at Hitech City equipped with extremely high end software dealing in automotive solutions. Quantum Global provides end to end solutions to its clients across the globe in the sphere of crash testing simulations, automotive chassis engine testing solutions among a host of others.

Having invested about $5 million over the last five years in the India technology centre, they said the Indian facilities would contribute significantly to business revenues since the customer mandate for product design and development lie with the Indian team, they said.
Mr Zischke said India's economic growth is on a vertical path and it is gaining the most preferred nation status for business, technology advancement and investments by global players.

Quantech is gearing up to take advantage of these emerging opportunities and will continue to invest and expand its ATC. "We employ over 200 engineers in the US and 200 more in India and are in the process of adding another 200 engineers in Hyderabad as part of our expansion plan. The Bangalore centre has started with about 30 people, "he added.

The company is making a beginning in catering to the Asian markets. For this the company is setting up marketing teams to address the Asian market. It is also in talks with a few Indian companies to be associated with their design work. As Indian companies become global and look at the overseas markets, they would have to conform to the European and other standards of crash test and safety norms. This would need sustained efforts to streamline the product line, and we can help them in this regard," they said.

The company is already doing some homologation work in India for its US clients who have launched products in the Indian market.

Quantech Global has two facilities of which one is in the US and the second in Hyderabad.

Dr Gandhi says, "The Indian centre is as well equipped as our centre in the US and there is nothing that we can do in the US that we can't do here."

Dr Gandhi feels India offers the advantage of offering highly skilled engineers at very competitive rates. In addition, the company was drawn to the Deccan city for its extremely investor-friendly climate which in his words, "is the best anywhere including the US."