Tata Technologies has officially opened its new European Innovation and Development Centre in Warwick, a £20m facility expected to create 200 engineering jobs in a boost for ‘Midlands Engine’
Tata Technologies’ European Innovation and Development Centre (EIDC) will house engineering support services, two advanced engineering labs and a modern R&D centre, and aims to further develop the company’s capabilities and growth opportunities in key sectors, such as automotive, aerospace and industrial machinery.
The centre will serve as the company’s European headquarters and follows on from the opening of new delivery centres in Paris and Gothenburg earlier this year.
The facility will reportedly hold approximately 600 staff and is expected to create more than 200 additional jobs for design engineers and programme managers – creating STEM (Science Technology, Engineering and Math) job opportunities at all levels, from graduate to senior leadership roles.
Tata Technologies expects to use its relationships with regional universities to help fill new roles. The company has close ties with Coventry University, backing the university’s Ada Lovelace scheme which supports women studying courses in its faculty of engineering and computing.
The company also has a partnership with Warwick University, and is exploring collaborations with Birmingham, Aston and Loughborough universities as key partners for recruitment and training.
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Tata Technologies recently received a $360m capital injection from the US-based private equity firm, Warburg Pincus, in return for 43% of its shares.
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