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Tata AutoComp Systems
Bosch Limited, India updates about expansion in E-Axles, air systems, and chassis portfolios
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
ASAL, India, updates about new product and business development
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
Tata AutoComp, India partners South Korea's Jahwa Electronics for PTC heaters
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
Bosch, Tata Autocomp to form 50:50 JV for e-axles and electric traction motors in India
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
Artifex Systems opens new engineering centre in Gothenburg, Sweden
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
Tata AutoComp’s, India Artifex arm acquires IAC Slovakia
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
Tata AutoComp, India opens two new component plants in Sanand
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
EU approves Tata AutoComp, India and Ichikoh, Japan JV for vehicle lighting business in India
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
Tata AutoComp, India completes acquisition of IAC Sweden
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
Tata AutoComp, India wins third Deming prize in two years
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
European Commission approves acquisition of IAC Group Sweden AB by Tata AutoComp
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
Punch Powertrain starts mass production of DT2C Dual Clutch Transmission for India
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
Tata AutoComp, India to acquire IAC Group, Slovakia
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
Tata AutoComp, India and Ichikoh, Japan to acquire Valeo’s indian lighting business
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, India and Katcon announce JV in Mexico for sheet moulded composite
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, India buys 80% in UK’s Artifex to boost car interiors business
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
Tata AutoComp, India acquires IAC Sweden to enhance European automotive presence
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
Bharat Mobility 2025: Tata AutoComp, India showcases localized and technology first solutions
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
ASAL, India starts production in new plant in Sanand, Gujarat
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
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