New Delhi, Feb. 18 -- Festo, the German automation technology firm, today inaugurated its 71,000 square feet Global Capability Centre (GCC), near Electronics City in Bengaluru on Wednesday. The company did not disclose the investment amount for the new GCC.

Speaking at the media interaction Festo executives said that the new centre will bring all steps of the value chain together, like engineering, production and shared services under one roof, and also focus on adding local talent.

Sebastian Beck, Member of the Management Board for HR & Finance, Festo SE &Co., based out of Germany, who was in Bengaluru, said that with the inauguration of this centre, Festo is marking a shift from a largely sales-led presence to deeper localisation, inc...