On November 11, Bosch announced that Puremotion Mobility Private Limited, the joint venture company between Bosch Limited and Tata Autocomp Systems, has been incorporated.
The joint venture has been incorporated in Pune, Maharashtra, with an authorised and paid-up share capital of INR 1 million. The company’s regist
On October 2, the European Commission approved the creation of a joint venture between Tata AutoComp Systems Limited, controlled by Tata Sons Private Limited, and Germany-based Robert Bosch GmbH.
The joint venture will primarily manufacture and supply electric axles for the automotive industry in India. The Commissio
On September 17, Tata AutoComp Systems announced that it is showcasing its commercial-vehicle mobility solutions at IAA Transportation 2026 in Hannover, Germany, from September 15 to 20. The company is presenting products across four areas, i.e., electrical and electric-vehicle systems, interiors and exteriors, therm
In an investor update, Bosch Limited announced that its joint venture with Tata AutoComp Systems (TACO) to manufacture e-axles will operate out of Nashik, with multi-country merger control clearances underway and revenue scheduled to commence by late FY 2028 (ending March). Further, its joint venture with the TSF Gro
In its annual report for FY 2025-26 (ending March 31, 2026), Automotive Stampings and Assemblies Limited (ASAL) announced that it has established a new vertical for automotive seat structures. It has initiated supplies to TM Automotive Seating Systems Private Limited. ASAL also started the supply of Body-in-White (BI
On May 28, Tata AutoComp Systems and South Korea's Jahwa Electronics announced a joint venture to locally manufacture and supply low-voltage and high-voltage PTC heaters for India's electric and hybrid vehicle segments. The JV combines Jahwa's precision engineering and proprietary magnetic material technology with Ta
On March 18, 2026, Bosch Limited announced that its board had approved entering into a joint venture with Tata Autocomp Systems to set up a 50:50 JV company in India to manufacture, sell, and provide after-sales service for e-axles and electric traction motors, with scope to add more products over time. The JV will b
On March 9, Invest in Gothenburg announced that Artifex Systems has officially opened its new engineering centre at Lindholmen Innovation District in Gothenburg. The investment follows the company’s acquisition by Tata AutoComp, India.
The new engineering centre has 16 employees. The Gothenburg team will play a key r
On February 18, Tata AutoComp Systems Limited, through its British subsidiary Artifex Interior Systems, completed the 100% acquisition of IAC Group (Slovakia) s.r.o, which will now operate as ‘Artifex Systems Slovakia s.r.o’, strengthening its position as a key interiors and exteriors supplier to Jaguar Land Rover, V
On 10 February, Tata AutoComp Systems Limited announced that it had inaugurated two new manufacturing plants in Sanand, Gujarat, on January 30, 2026, one for TM Automotive Seating Systems Private Limited and another for TACO Air International Thermal Systems Private Limited. The additions take the company’s footprint
On January 16, the European Commission approved Tata AutoComp Systems Limited and Ichikoh Industries' plan to jointly control VLS Chennai, India, under EU merger rules.
The deal mainly involves developing, manufacturing, and supplying interior and exterior vehicle lighting systems for car manufacturers.
The Commissio
On December 2, 2025, Tata AutoComp Systems Ltd. announced that it had completed the acquisition of the assets of International Automotive Components Group Sweden AB (IAC Sweden), which will now operate under the new name Artifex Systems AB.
The transaction is intended to strengthen Tata AutoComp’s presence in Europe
On November 17, 2025, Tata AutoComp Systems Limited was awarded the Deming Prize for its Tata AutoComp Hendrickson Suspensions Limited (THSL) business unit. This marks the third Deming Prize the company has won within two years—previous honours went to its Composites Division and Tata Ficosa unit in 2024.
With the la
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
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