Sunday, September 14, 2025

Tata Tech acquires German company ESTEC for Rs 750 cr to establish a base in Europe's auto hub

Tata Technologies is expanding its capabilities in software-defined vehicles with the acquisition of Germany's ESTEC for ₹750 crore, aiming to strengthen its position in Europe's automotive hub. Despite earlier hesitations due to tariffs, the global auto industry is regaining confidence, leading to renewed investment decisions. The company anticipates growth and expects GST 2.

from Auto-Industry-Economic Times https://ift.tt/yzVRgBt

No comments:

Post a Comment

Maruti Suzuki announces price protection for small cars booked till June 14

Maruti Suzuki India is offering price protection on its small car range until June 14, 2026. This initiative aims to shield entry-level buye...