NEW DELHI: A senior official of Fiat Group’s auto parts unit Marelli told ETAuto that the company will hire 300 people this year In order to support its expansion plans in India, the famed staff.

Most of the hiring will take place at Manesar’s upcoming plants near Gujarat and Gurgaon. The company currently has 10 plants in India and employs around 2,300 people.

Marelli has entered into a joint venture with Maruti Suzuki India, India’s leading automobile manufacturer, to open a new plant in Manesar (Haryana) to manufacture Automated Motor Manual Transmissions (AMTs) and another plant is manufacturing automotive lighting in Gujarat.

The Italian components maker is optimistic about the Indian market and expects its sales in the country to more than double in the next three years to 400 million euros (about Rs 300 million) from the current 160 million euros (about Rs 1.3 billion). It is expected to increase. (crores).

As AMT In order to succeed, the company is expected to have a huge demand and it aims to become a center for exporting Indian technology to the world.

Marelli also believes that India has the potential to become an automotive cybersecurity technology center.

Eugenio Razelli, President and CEO, Magneti Marelli S.p.A. “With the increase in the automotive internet, cybersecurity poses a huge challenge, and we believe that India can play an important role in it.”” The Italian component manufacturer is also considering setting up a component sourcing and R&D center in India. Currently, the company procures around 50 million euros worth of automotive components to meet the global demand.