(L-R) Mr. Nicolas PECHNYK,(Vice President of Engineering, Faurecia Interior Systems), Mr. ChristopheSCHMITT, (Executive Vice President of Faurecia Interior Systems), MrFranck EUVRARD, (Managing Director, Faurecia Interior Systems India) alongwith Honourable Consul General of France in Mumbai, Jean-Raphaël Peytregnetand special guest Mrs. Lila Poonawalla of the Lila Poonawalla Foundationlighting the lamp to mark the formal inauguration of Faurecia’s new R&Dcenter.

Pune (India), June 21, 2012: Faurecia, a global leader in providing engineering solutions and automotive components, today inaugurated in Pune (Maharashtra, India) its state-of-the-art TechCenter for automotive interior systems, automotive seating and automotive exteriors, three of its four business groups and key to the enhanced performance and competitiveness of tomorrow’s passenger vehicles. The inauguration took place in the presence of dignitaries from Indian National, State and regional levels.

As a key partner to automakers, Faurecia believes that being close to its customer base is critical for long-term success. The TechCenter is designed to accommodate 800 of India’s brightest automotive engineers. It is a fully integrated facility with CAD/CAE (Computer Aided Design & Engineering) & PPV (Product and Process Validation) activities and will help in expanding its three core business groups in India, i.e. Interior Systems, Automotive Seating and Automotive Exteriors.

Every year, the group’s R&D teams at the TechCenters in India mastermind over 200 innovation led projects focusing on safety, comfort, interior space management, environmental performance, perceived quality and cost control. Globally, Faurecia has registered 300 patents during the year 2011. Speaking on the occasion, Mr. Christophe SCHMITT, Executive Vice President of Faurecia Interior Systems said, “Faurecia is growing faster than the automotive market, enjoys solid growth potential, benefits from a diverse regional and customer mix and is continuously improving its cost structure. Our new TechCenter in India is an extension of our commitment to the Indian consumers and our growing customer base in the country. Our aim is to develop high quality, high safety and high comfort products at this center.”

The new Faurecia TechCenter is part of a global network of R&D centers around the world, under the helm of Mr. Nicolas PECHNYK, Vice President of Engineering, Faurecia Interior Systems who underlines, “Since the inception of this TechCenter in 2004, Faurecia’s engineering teams in India have developed the most-advanced automotive skills to perform the full-range of development activities for customers at home and abroad. The new TechCenter in Pune is an instrumental part of our global R&D and engineering footprint.”

Mr Franck EUVRARD, Managing Director, Faurecia Interior Systems India reveals “The systems and technologies developed in India are in keeping with the overall Group strategy for its global requirements; India for us at Faurecia, is marked by a long-term commitment to grow teams and locations, to operate as centers of excellence, capable of developing hi-tech solutions for Faurecia’s global and local customer base. Everything from investment in infrastructure,
recruitment of young engineers, comprehensive training processes and quality is testimony to Faurecia’s long term growth plans in India.”

Faurecia in India
Faurecia entered India in 1995, with its Emissions Control business in Nasik. Currently, Faurecia is headquartered in Pune and has two R&D centers in the country, in Pune (Interior, Seating & Exterior) and in Bangalore (Emissions Control Technologies). Faurecia also has nine production facilities covering the main Indian automotive production base in Pune, Manesar (Delhi), Chennai, Bangalore and Sanand (Gujarat) with a total employee strength in India of over 1,600 people (18% of the Group’s total Asian staff). In India, Faurecia serves leading automobile companies like Ford, Hyundai, Mahindra, Maruti-Suzuki, Tata, Toyota and Volkswagen. Faurecia also serves commercial vehicles such as heavy load trucks, together with its global partner Cummins with an objective to capture a major share of the Indian truck emissions control market.

Research & Development
Faurecia’s Research & Development teams deliver solutions to tackle the automotive challenges in today’s and tomorrow’s world. Two closely related areas are kept firmly under the spotlight in all R&D activities: creating value for the end consumer and contributing towards environmental performance. Innovation drives each of Faurecia’s core businesses, supported by 84,000 employees at 270 sites and 41 R&D centers in 33 countries. In 2011, the Group invested around 5%
of its revenues into R&D, with EUR 100 million (INR 7 billion) for innovation alone. With 5,000 dedicated engineers and technicians, Faurecia offers the best support for its customers in the key automotive regions of the world.

About Faurecia
Faurecia is the world’s sixth-largest automotive equipment supplier with four key Business Groups: Automotive Seating, Emissions Control Technologies, Interior Systems and Automotive Exteriors. In 2011, the Group posted total sales of EUR 16.2 billion. At December 31, 2011, Faurecia employed 84,000 people in 33 countries at 270 sites and 41 R&D centers. Faurecia is listed on the NYSE Euronext Paris stock exchange.