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Italian Car Designer Opening Research Center In India

Pininfarina SpA will open a research, design and engineering center in Pune, India, with the Tata Group.

ROME (AP) -- Italian car designer Pininfarina SpA will open a research, design and engineering center in Pune, India, with the Tata Group, the company announced Thursday.
 
The center will open by the end of the year, Pininfarina said in a statement announcing the letter of intent.
 
The statement also said Tata is interested in taking part in Pininfarina's planned capital increase to further strengthen its strategic ties to the company.
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