Tata Motors and Tata Technologies enter into five-yr agreement

ENGAGENEXT iSourcing is the redefined engagement model

Tata Motors and Tata Technologies today signed a five-year agreement to announce a redefined engagement model, ENGAGENEXT iSourcing, to leverage mutual strengths and capabilities for their strategic priorities.

The new agreement marks a shift from a staff-augmentation model to a delivery-based model for Tata Technologies engineers, designers and consultants working on Tata Motors programmes across all locations in India.

Tim Leverton, president and head - advanced and product engineering, Tata Motors said, "ENGAGENEXT iSourcing will play a critical role in Tata Motors' R&D transformation journey to deliver innovative world class products to market. Through this model, Tata Technologies will be responsible for delivery against clearly-defined performance metrics in terms of quality, cost and timeliness. Tata Technologies has been instrumental in helping the engineering research centre (ERC) become a world-class R&D function for Tata Motors, and ENGAGENEXT iSourcing takes this association to the next level."

This model recognizes Tata Motors' ambitious plans under HorizoNext as well the deep expertise developed by Tata Technologies in the automotive engineering space across leading global OEMs to handle major execution programs, including whole vehicle development. By leveraging the strong strategic relationship with Tata Technologies through an industry benchmark outsourcing model, Tata Motors ERC will be able to increase its focus on key areas to support the next stage development of Tata Motors business.

Warren Harris, Chief Executive Officer and Managing Director, Tata Technologies said, "This strategic evolution of our longtime partnership leverages, the full depth and breadth of capabilities Tata Technologies has developed through working with many of the world's best automotive manufacturers, which will increase the agility and competitiveness of both companies."