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's premium play turns 10: Did it truly build a brand or just a better showroom?

Ten years after its launch, Maruti Suzuki's Nexa is at an inflection point, preparing for Nexa 2.0 to re-engage aspirational buyers. Des...