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Tata Technologies inaugurates a vehicle-software focused Innovation Centre in Coimbatore



Posted On : 2023-12-17 14:10:32( TIMEZONE : IST )

Tata Technologies inaugurates a vehicle-software focused Innovation Centre in Coimbatore

Tata Technologies, a global product engineering and digital services company, inaugurated its first innovation centre in Coimbatore, focused on innovating solutions for global customers through development, testing, and integration of vehicle software solutions.

Tata Technologies vision of engineering a better world embodies a commitment to enabling global automotive OEMs and Tier-1s to develop software-defined vehicles and e-mobility solutions through innovations across the product value chain-from conceptual design to post-sales service. The new centre at Coimbatore will provide new opportunities for local talent to work on global projects, upskill in new vehicle software areas and innovate solutions across the automotive value chain.

Commenting on the inauguration, Mr. Warren Harris, MD and CEO, Tata Technologies, said, "We are pleased to establish our presence in Coimbatore and contribute to the region's thriving engineering landscape. This strategic initiative will ensure a continuous exchange of talent, ideas, and solutions, propelling the industry forward into a future defined by innovation and efficiency. Together, we aim to create a centre of excellence that will pioneer the future of vehicle-software systems and contribute to our vision of engineering a better world."

Coimbatore is emerging as a key engineering hub in India with a vibrant engineering community and education ecosystem. This innovation centre will focus on vehicle software projects including embedded software development and testing, advanced driver assistance systems (ADAS), connected vehicles, functional safety, cybersecurity, hardware-in-the-loop validation and AUTOSAR. The company plans to employ 100 vehicle software professionals from the local community in the first phase of operations.

Shares of Tata Technologies Limited was last trading in BSE at Rs. 1242.25 as compared to the previous close of Rs. 1243.05. The total number of shares traded during the day was 77098 in over 4648 trades.

The stock hit an intraday high of Rs. 1258.70 and intraday low of 1239.45. The net turnover during the day was Rs. 96114211.00.

Source : Equity Bulls

Keywords

TataTechnologies ITEnabledServices INE142M01025 InnovationCentre Coimbatore