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Home Headlines BMW and India’s Tata Technologies to form JV for developing software
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BMW and India’s Tata Technologies to form JV for developing software

by Uma Rajagopal
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BENGALURU (Reuters) -BMW Group and Tata Technologies will form a joint venture for the development of software for the German luxury automaker, the Indian engineering services company said on Tuesday.

The venture will develop automotive software for automated driving and the dashboard system among other features, it said, but didn’t disclose any financial details of the agreement.

Tata Technologies and the BMW Group will each hold a 50% stake in the newly-formed company, it added.

Tata Technologies, the unit of carmaker Tata Motors, provides engineering and technology services to auto, aero and heavy machinery makers.

(Reporting by Varun Hebbalalu in Bengaluru; Editing by Savio D’Souza and Rashmi Aich)

 

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Uma Rajagopal has been managing the posting of content for multiple platforms since 2021, including Global Banking & Finance Review, Asset Digest, Biz Dispatch, Blockchain Tribune, Business Express, Brands Journal, Companies Digest, Economy Standard, Entrepreneur Tribune, Finance Digest, Fintech Herald, Global Islamic Finance Magazine, International Releases, Online World News, Luxury Adviser, Palmbay Herald, Startup Observer, Technology Dispatch, Trading Herald, and Wealth Tribune. Her role ensures that content is published accurately and efficiently across these diverse publications.