Product category:
Embedded Software and Operating Systems
News Release from: Sasken Communication Technologies
Edited by the Electronicstalk Editorial
Team on 26 January 2007
Joint venture targets automotive
electronics
Tata AutoComp Systems and Sasken Communication Technologies have entered a joint venture partnership to form TACO Sasken Automotive Electronics.
Tata AutoComp Systems (TACO), one of India's largest and fastest growing auto component groups and Sasken Communication Technologies have entered a joint venture partnership to form TACO Sasken Automotive Electronics The newly formed JV will design, develop and market automotive electronics products for the global market, addressing both OEMs and aftermarket
This article was originally published on Electronicstalk on 16 Dec 2002 at 8.00am (UK)
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To start with, the JV will focus on automotive electronics products in the areas of telematics, infotainment and occupant convenience.
The company will start its operation from a state-of-the-art product development centre at Bangalore, India.
Speaking on the occasion, DS Gupta, Managing Director of TACO, said: "Electronics content is a high growth area in the global automotive industry".
"With TACO's focus on the global automotive industry, development capabilities within the Tata Group, and Sasken's expertise in electronics and communications, this JV has the potential to become an innovative, global solution provider for automotive electronics".
Rajiv Mody, Chairman and CEO of Sasken, said: "For a long time, innovation in technology was driven by the PC.
But over the past few years a vast majority of innovation focus has moved to phones and lately to automobiles, creating huge opportunity in the embedded auto component world".
"With our co-operation we would be able to provide cutting edge embedded technology to the automotive sector".
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