KARIYA (Japan) - DENSO International India Pvt. Ltd. (DIIN), a subsidiary of DENSO Corporation, celebrated the opening of DENSO's Indian technical center, which was built on the site of DIIN, on November 5 starting at 9:30 a.m. local time. The technical center was established with a total investment of approximately 1.5 billion rupees (approximately US$28.2 million), and currently employees 52 people.

"We regard India as an important market and aim to expand our business in the country. With this technical center, we are promoting product development to better meet Indian customer needs," said Yasushi Yamanaka, executive director responsible for DENSO's Engineering Research & Development Center. "To further strengthen development capabilities, we plan to double the number of employees for the technical center by FY2015."

The new technical center has a variety of testing and evaluation equipment including an engine bench and a chassis dynamometer that can test a vehicle at temperatures ranging from -30 to +50 degree Celsius environment. The center, which started operations in March 2012, develops a wide range of products for DENSO customers in India, such as powertrains, electric and electronic components, information and safety systems, as well as small motors and motorcycle components. In addition, it creates advanced software to support DENSO's product development in other operating regions.

DENSO has operated business in India for almost three decades since 1984. Today, it has six subsidiaries with more than 2,400 employees in : four production companies, DIIN, and DENSO Subros Thermal Engineering Centre India Ltd. (DSEC), which designs car air conditioning systems and other automotive thermal devices.

Profile of new technical center in India

Profile of DIIN

* Exchange rate used is 53.1 Indian rupees to the US one dollar, at the end of October 2012 for convenience only.

DENSO Corporation, headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electric, electronics and information and safety. Its customers include all the world's major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 35 countries and regions (including Japan) and employs approximately 120,000 people. Consolidated global sales for the fiscal year ending March 31, 2012, totaled US$38.4 billion. Last fiscal year, DENSO spent 9.5 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.denso.com/global/en/, or visit our media website at www.densomediacenter.com .