Tata forms JV with Bosch to produce electric motors
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New Delhi: Technology and services provider Bosch Ltd on Monday announced the formation of a joint venture with Tata AutoComp Systems Ltd to cater to the requirements of electric mobility.
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, Bosch Ltd said in a regulatory filing.
The joint venture will focus on engineering, manufacturing and sales of eAxle systems and electric motors in India, it added.
With a registered office in Pune, the 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, the filing said.
"India being the world's third largest automotive market, Bosch aims to leverage stronger opportunities for its business in India.
