BMW Group and Tata Technologies form a joint venture for automotive software development in India.
BMW Group and Tata Technologies are forming a joint venture to develop automotive software in India. The automotive software and IT development hub will be established in Pune, Bengaluru, and Chennai. The joint venture will focus on software-defined vehicle solutions for BMW Group's premium vehicles and digital transformation solutions for its business IT, with operations commencing with 100 employees. Each company will hold a 50% stake in the new venture, which aims to grow to a four-digit number in the following years.
April 02, 2024
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