The European Commission has approved the acquisition of the assets of International Automotive Components (IAC) Group Sweden AB by Tata AutoComp Systems Limited, a company ultimately controlled by Tata Sons.
The transaction, which primarily involves the supply of components to the automotive industry, was examined un
On August 28, Punch Powertrain started mass production for the DT2C Dual Clutch Transmission, developed for the Indian market through its joint venture with TACO Punch Powertrain Pvt. Ltd. It has a torque capacity of 350 Nm. Punch Powertrain introduced the first-generation 200Nm DCT in the Indian market in 2022. The
On August 7, Tata AutoComp Systems Limited announced that its British subsidiary, Artifex Interior Systems Limited, has entered into a conditional agreement to acquire 100% of the share capital of IAC Group (Slovakia) s.r.o. This strategic acquisition is set to bolster Tata AutoComp’s capabilities and pave the way fo
On August 5, 2025, Tata AutoComp Systems Limited (TACO) announced a partnership with Japan’s Ichikoh Industries Limited (owned at 61.2% by Valeo) to acquire Valeo’s automotive lighting business in India. The collaboration involves forming a 50:50 joint venture company (JVC), which will acquire the Valeo Lighting Syst
TATA AutoComp Systems Ltd and Katcon announced a new joint venture in Mexico to manufacture Sheet Moulded Composites (SMC), with a focus on serving the North American market. The venture will specialize in lightweight applications for commercial vehicles, agricultural tractors, off-road vehicles, and specialized non-
Tata AutoComp Systems Limited (Tata AutoComp) announced that it has entered definitive agreements to acquire an 80% stake in UK-based Artifex Interior Systems Limited (formerly IAC UK) from Jaguar Land Rover Ventures Limited, a subsidiary of Tata Motors. The acquisition, valued at GBP 77 million (with potential defer
On March 24, Tata AutoComp Systems Ltd announced the acquisition of International Automotive Components Group Sweden AB (IAC Sweden) a manufacturer of automotive interior systems and components with an annual turnover of approximately USD 800 million. This strategic move strengthens Tata AutoComp’s presence in Sweden
On January 22, Tata AutoComp Systems Limited showcased its indigenously developed, technology-first solutions at the Bharat Mobility Global Expo 2025. It showcased advancements, including EV components, lithium-ion battery packs, EV Chargers, E-compressors, integrated drivetrain [6-in-1], and powertrain solutions for
Automotive Stampings and Assemblies Limited (ASAL), a subsidiary of Tata AutoComp Systems Ltd announced that it has commenced the commercial production at its new manufacturing unit at Village Khoda, Sanand, Gujarat. The company announced about the new plant during the beginning of the year to increase manufacturing
Tata AutoComp Systems announced that it will establish a joint venture with Woodbridge Foam India through its subsidiary, TM Automotive Seating Systems. This strategic collaboration aims at designing, developing, and manufacturing cutting-edge foam products for automotive and railway segments. Tata AutoComp Systems i
Automotive Stampings and Assemblies Limited (ASAL), a subsidiary of Tata AutoComp Systems Ltd., announced that it is setting up new manufacturing plants in Sanand, Gujarat, and Jamshedpur, Jharkhand, India to increase the manufacturing capacity of the existing products. ASAL manufactures sheet metal components for pa
Tata AutoComp Systems Limited (Tata AutoComp) displayed a wide range of parts that it has already localized and is offering to the EV segment at the Auto Expo Component Show in New Delhi. The display includes parts of the EV drivetrain like the battery tray, plastic cell module carriers, cooling tubes, and the Batter
On September 22, Tata AutoComp Systems Limited and Punch Powertrain signed a memorandum of understanding (MoU) to form a 50:50 joint venture (JV) in their efforts to bring sustainable innovations in mobility solutions to the Indian market at an affordable cost. The JV will be responsible for the design, manufacturing
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