Bosch and Tata AutoComp Form Joint Venture for Electric Mobility
Joint Venture Details
Bosch Ltd and Tata AutoComp Systems Ltd announced the formation of a joint venture focused on the engineering, manufacturing, and sales of eAxle systems and electric motors in India. The partners plan to hold equal shares in the venture, with operations slated to begin by mid-2026, subject to regulatory approvals. The joint venture’s registered office will be located in Pune.Strategic Objectives
The venture aims to accelerate the adoption of sustainable technologies and expand the regional footprint for both companies within the e-mobility space. Bosch intends to leverage India’s position as the world’s third-largest automotive market to strengthen its business presence.Financial Investment
Bosch has invested over 6 billion euros globally in e-mobility initiatives. This joint venture will enable the company to bring advanced eAxle systems and electric motor solutions to India’s growing e-mobility market, reinforcing their commitment to the region.Leadership Statements
Karsten Muller, Executive Vice President, Manufacturing and Quality, Electrified Motion, Robert Bosch GmbH, stated, “This planned partnership with TACO further solidifies our presence in e-mobility, enabling us to deliver cutting-edge global solutions locally in India, including engineering and manufacturing expertise.”Guruprasad Mudlapur, President of the Bosch Group in India, and Managing Director, Bosch Ltd, added, “At Bosch, we strongly believe that Battery Electric technology is the definitive path to achieving low emissions in passenger cars and select commercial vehicle segments.”
Arvind Goel, Vice Chairman of Tata AutoComp Systems, commented, “This joint venture between Tata AutoComp Systems and Bosch Ltd brings together complementary strengths in engineering, technology, and manufacturing to accelerate the development of advanced e-mobility solutions for the Indian market.”
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