Mercedes-Benz Expands Bengaluru Presence

29 Mar 2024 CW Team

Mercedes-Benz, a renowned name in luxury automobiles, is expanding its presence in Bengaluru with the expansion of its research wing. This move signals the company's commitment to innovation and development in the automotive sector in India.

The expansion comes as part of Mercedes-Benz's strategic plan to strengthen its research and development capabilities globally. Bengaluru, often dubbed as the Silicon Valley of India, is a hub for technological innovation and talent, making it an ideal location for Mercedes-Benz to grow its research operations.

The decision to expand the research wing in Bengaluru underscores Mercedes-Benz's confidence in the city's ecosystem and its potential for fostering innovation in the automotive industry. With this expansion, the company aims to leverage the rich pool of talent and resources available in Bengaluru to drive forward its research agenda.

This move aligns with Mercedes-Benz's vision of shaping the future of mobility through cutting-edge research and development. By investing in its research capabilities in Bengaluru, the company aims to stay at the forefront of innovation and deliver next-generation vehicles that redefine the driving experience.

The expansion of Mercedes-Benz's research wing in Bengaluru is expected to create new opportunities for skilled professionals in the region. As the company ramps up its research activities, it will likely seek to collaborate with local talent and institutions to drive innovation and technological advancement in the automotive sector.

Overall, Mercedes-Benz's decision to expand its presence in Bengaluru underscores the city's importance as a key innovation hub in India. With its focus on research and development, the company aims to continue delivering cutting-edge solutions that shape the future of mobility in the country and beyond.

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..