Bosch Limited and Tata AutoComp Systems Limited announced an equal-share joint venture targeting India's e-mobility segment, pending regulatory approvals.
The JV will focus on engineering, manufacturing, and sales of eAxle systems and electric motors, with a registered office in Pune and operations targeted by mid-2026.
Bosch has invested over 6 billion euros globally in e-mobility; the JV leverages this to deliver localized cutting-edge solutions for India's automotive market.
Boards of Bosch, Bosch Limited, and Tata AutoComp Systems have already approved the transaction.