Bosch Limited and Tata AutoComp Systems Limited announced a joint venture to unlock growth opportunities in India's e-mobility segment. The partners plan to hold equal shares in the joint venture, which aims to start its operations by mid-2026, subject to receiving all regulatory approvals. The joint venture will focus on engineering, manufacturing and sales of eAxle systems and electric motors in India.
With a registered office in Pune, this joint venture aims to accelerate the adoption of sustainable and forward-looking technologies, thereby expanding the regional footprint for both companies in the e-mobility space. Bosch has invested over EUR 6 billion globally in e-mobility. This partnership enables the company to bring these advanced eAxle systems and electric motor solutions to India's growing e-mobility market, reinstating their ongoing commitment to the region.
The Boards of Bosch, Bosch Limited, and Tata AutoComp Systems Limited have already approved the transaction. Both companies are confident that this collaboration will provide significant impetus for the e-mobility market in India and develop innovative solutions for the customers.
