Bosch Limited, a leading supplier of technology and services, and Tata AutoComp Systems Limited (TACO), India’s leading automotive components conglomerate, have 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.
‘‘At Bosch, we strongly believe that Battery Electric technology is the definitive path to achieving low emissions in passenger cars and select commercial vehicle segments. Our joint venture with Tata AutoComp is designed to accelerate the adoption of these technologies by delivering efficient, state-of-the-art e-Mobility solutions to our customers.” says Guruprasad Mudlapur, President of the Bosch Group in India, and Managing Director, Bosch Limited.
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.
“Mobility market worldwide is going through a transformation and India is no different. E-mobility is a strategic field for us and is evolving rapidly. Our customers are asking for cutting-edge global solutions to be made locally in India. This is exactly what the joint venture aims to do.” says Sandeep Nelamangala, Joint Managing Director, Bosch Limited, and President, Bosch Mobility India.
“India’s mobility ecosystem is undergoing a rapid transformation driven by electrification, localization, and the need for scalable technology solutions. This joint venture between Tata AutoComp Systems and Bosch Limited brings together complementary strengths in engineering, technology and manufacturing to accelerate the development of advanced e-mobility solutions for the Indian market.” says Arvind Goel, Vice Chairman, Tata AutoComp.
Bosch has invested over 6 billion euros 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.
“India being world’s third largest automotive market, Bosch aims to leverage stronger opportunities for its business in India. This planned partnership with TACO further cements our presence in e-mobility, enabling us to deliver cutting edge global solutions locally in India including engineering and manufacturing expertise,” says Karsten Müller, Executive Vice President, Manufacturing and Quality, Electrified Motion, Robert Bosch GmbH.
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 our customers.
