Mercedes-Benz Research and Development India (MBRDI) has partnered with the Indian Institute of Technology (IIT) Delhi for joint research programmes focused on the future of mobility and engineering systems.
The luxury car maker plans to recruit 1,000 people next year; in five years, research staff had jumped from 700 to 3,500.
The members of these trusts enjoy tax and other benefits at par with EPFO subscribers.
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