Tata Autocomp

Tata AutoComp Systems seeks to tap opportunities in railways sector

Auto components maker Tata AutoComp Systems Ltd is seeking to tap opportunities emerging from the modernisation of Indian Railways, identifying it as a key focus area beyond its core automotive components business, its Vice-Chairman Arvind Goel said on Monday. The company has already stitched partnerships with global technology leaders -- Skoda, Compin Fainsa, and Air International Thermal Systems to bring world-class products and technologies to the Indian market. "India's rail network is undergoing rapid modernisation, and the government's focus on improving infrastructure, travel convenience, and passenger comfort makes this the right time to enter the segment," Goel said. He further said, "Through our collaborations with Skoda, we aim to bridge global expertise with India's manufacturing strength." Citing the example of Vande Bharat trains on how the government is making huge investments to offer high-speed, good-quality and comfortable trains, he said, "Diversifying beyond ...

Tata AutoComp, Katcon tie up in Mexico to make composites for NA market

The new Mexico-based venture will cater to North American OEMs with composite solutions aimed at improving vehicle efficiency and meeting weight-reduction targets

Tata AutoComp, Katcon form JV to make advanced composites for North America

Automotive component maker Tata AutoComp Systems on Thursday said it has formed a strategic joint venture with Mexico- headquartered Katcon Global to manufacture advanced composites for the North American market. Tata AutoComp, in a statement, said the venture will specialise in lightweight applications for passenger and commercial vehicles, agricultural tractors, off-road vehicles, and specialised non-automotive segments. A global supplier to the automotive industry, Katcon Global specialises in exhaust systems, thermal insulation and advanced materials components. The company operates with 11 manufacturing facilities and five technology centres spread across eight countries. The two companies already have an over-decade-long collaboration for exhaust systems and emission after-treatment solutions. In the venture, Tata AutoComp said, it brings technological leadership and customer relationships, while Katcon contributes operational excellence, regulatory expertise, and strong loca

Tata AutoComp to acquire IAC Sweden, strengthening European presence

Tata AutoComp Systems Ltd on Monday said it will acquire International Automotive Components Group Sweden AB (IAC Sweden), in a bid to strengthen its presence in Europe's automotive sector. This proposed acquisition reinforces Tata AutoComp's presence in Sweden and enhances the company's relationships with key European Original Equipment Manufacturers (OEMs) in both the passenger vehicle and commercial vehicle segments, further expanding its global footprint, the company said in a statement. The company, however, did not disclose any financial details. IAC Sweden has a turnover of approximately USD 800 million and is a well established manufacturer of interior systems and components to the automotive industry, it added. The transaction is subject to European regulatory approvals, the company said. "This acquisition aligns with our long-term vision of expanding in global markets and strengthening our relationships with European OEMs," Tata AutoComp Systems Vice Chairman Arvind Goel

Tata Group to explore IPO for its auto component arm, Tata Autocomp Systems

Tata Autocomp Systems is wholly owned by Tata Group entities, with Tata Sons holding approximately 21%, and the remaining stake held by Tata Industries Ltd

Tata Power gets 1st set of BESS from Tata AutoComp for energy storage park

Tata Power on Saturday said it has received the first set of Battery Energy Storage Systems (BESS) from TATA AutoComp for its energy storage park. These BESS will be deployed at a 120 MW energy storage park in Chhattisgarh, Tata Power said in a statement. Tata AutoComp, a leading auto components maker, also inaugurated its manufacturing facility for BESS. The Li-ion-based BESS will be manufactured under its joint venture Tata AutoComp Gotion Green Energy Solutions Pvt Ltd. "With the rise of renewables, energy storage has become critical to address the intermittency of solar and wind energy resources. We shall integrate these BESS at our renewable sites to enable round-the-clock supply of clean power and ensure a speedier green energy transition," Tata Power CEO Praveer Sinha said. Spread over 22,227 square feet, the newly inaugurated BESS facility will have a capacity of 6 GWH (gigawatt hour) and will serve the emerging energy storage industry. Tata AutoComp had earlier entered in

Tata Motors launches Altroz Dark with price starting at Rs 7.96 lakh

This extension is aimed at expanding customer base and introducing premium styling and popular features, Tata Motors said in a statement

Tata Sons' insurance, auto subsidiaries defy Covid-19 pandemic blues

Telecom, airline businesses continue to remain a drag for holding company

Tata AutoComp ties up with Tritium to set up EV charging stations

Auto component maker Tata AutoComp Systems Wednesday said it has partnered with Australia's Tritium Pty Ltd to supply direct current (DC) fast chargers for electric vehicles in India. The two companies have signed an MoU under which Tata AutoComp will soon make available Tritium's DC Fast Chargers in India, the company said in a statement. Tritium is a DC charging infrastructure company providing chargers to the global automotive industry. Its Veefil-RT DC Fast Chargers are capable of charging full range of electric vehicles from two-wheelers, passenger vehicles to commercial vehicles. Commenting on the development, Tata AutoComp Systems MD & CEO Arvind Goel said with the advent of electric vehicles, the need for chargers capable of powering them is significant. "We see a huge opportunity in this market," he said adding the company would strive "to bring the latest technology and solutions to our customers". Tritium CEO and co-founder David Finn said:"The MoU ensures Tata AutoComp

Tata AutoComp to acquire engine cooling company TitanX

TitanX supplies to the commercial vehicle industry having plants across North America, South America, Europe and China