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Still looking for a global partner for new AMP platform: Tata Motors

This comes on the back of failed talks with VW group firm Skoda

Press Trust of India  |  Mumbai 

Guenter Butschek, MD and CEO, Tata Motors
Guenter Butschek, MD and CEO, Tata Motors

is still looking for a partnership with other global automobile companies for its new advanced modular platform (AMP) despite talks with (VW) group firm failing to fructify, according to company Managing Director and CEO

The homegrown auto major is seeking to share its new vehicle platform with a potential partner to bring volume and create economies of scale, while also creating access to new technologies keeping in mind future opportunities in the Indian market, he said.

"We are still seeking for opportunities ... We are still open and we are still elaborating opportunities ... We are open for all kind of collaborations," Butschek told PTI.

He, however, said there are no particular companies to name as a potential partner at present.

Earlier this month, and decided not to pursue their proposed long-term partnership due to feasibility issues, just over four months after they had entered into the agreement.

He said from a technical feasibility point of view, there would have been a 'lot of good reasons' to continue with the VW/partnership but "it was not only about technical feasibility in terms of product attributes, cost and rate and performance".

"It was also about certain expected financial thresholds, seeming opportunities, leveraging the volume and bringing economies of scale to the two of us. Where at the end of all of the discussion, we were on both sides short against initial expectations," Butschek said.

He further said Tata Motors' motive behind seeking a partner for was to share the platform to bring volume and create economies of scale, create access to "new technologies in the future where we see opportunities and needs in the Indian market".

"This has not changed because we can accomplish a lot by leveraging on for different tophead across different segments," Butschek said when asked if was still open to partnering other global automobile companies.

Stressing on the need for such a collaboration, he said: "We expect a lot of as far as volume perspective is concerned in future since the market is expected to rapidly grow in the next ten years but we will not get anywhere close to the volume game as displayed by the competition."

In February had announced that it planned to launch new vehicles on its from 2018 and reduce the number of vehicle platform to two from the current six.

It is looking to deliver 7-8 product variants from the two platforms.

As far as a partnership with is concerned, he said the "story has been formally suspended".

"It does not mean that we don't find other projects where we could cooperate. As far as is concerned, we have made up our mind. We have decided to go with is going to go ahead with MQB platform," he added.

Based on the now suspended alliance with Skoda, had planned to launch products in the Indian market starting calendar year 2019.

On the other hand, Auto was to take the lead on behalf of the Group to drive forward work towards the development of vehicle concepts in the economy segment.

First Published: Thu, August 24 2017. 19:32 IST