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Continental to set up IT competence centre

NEW DELHI: Continental AG, an automotive supplier of brake systems, chassis components and vehicle electronics, will set up a global IT competence centre in India with the New Delhi-based Ideafarms, an IT smart-sourcing firm offering global delivery. The activity will be one of Continental's major initiatives in the sub-continent. The India Competence Centre will be designed from a futuristic perspective and is also mandated to shift Continental's routine capacities offshore, in phases, for maximising cost advantage.

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