News Brief
Pic Via Tata Technologies
German automotive major BMW Group and Tata Technologies, a global product engineering and digital services firm, on Tuesday (2 April) announced that they will form a joint venture to set up an automotive software and IT development hub in India.
The two firms have signed an agreement to form a joint venture (JV) with the aim to establish an automotive software and IT development hub in Pune, Bengaluru, and Chennai, a joint statement by the companies said.
The execution of the JV agreement is subject to review and approval by the relevant authorities, the statement said.
The main development and operations activities will be established at Bengaluru and Pune. In Chennai, the focus shall be on business IT solutions, the companies said.
The JV will deliver automotive software, including Software-defined Vehicle (SDV) solutions for BMW Group's premium vehicles and digital transformation solutions for its business IT.
It will commence operations with 100 innovators and "intends to grow quickly to a four-digit number in the following years", the statement said.
The JV will focus on strategic software development, including solutions for software-defined vehicles (SDV). In automotive software, the focus will be on automated driving, infotainment, and digital services.
In business IT, the emphasis will be on digitalisation and automation of product development, production and sales, the statement said.
Commenting on the collaboration, Warren Harris, CEO and MD of Tata Technologies, said, “Our collaboration with the BMW Group demonstrates our commitment to providing top-tier solutions in automotive software and digital engineering to customers across the world. Aligned with our vision of engineering a better world, we’re excited to bring our expertise to the forefront, aiding BMW Group in engineering premium products, delivering great digital experiences for their customers and propelling its digital transformation journey in Business IT.”
"The expansion of international DevOps hubs has clearly proved to be a successful model for the BMW Group. I am therefore extremely pleased that we have found a strong and valued technology partner with Tata Technologies and are now also expanding our footprint in India,” said Alexander Buresch, CIO, and Senior Vice President of BMW Group IT.