It’s no longer about resuming prior investment plans. It’s about earmarking capital expenditures for growth and expansion. Digitisation, research and development spend and emphasis on upskilling for an efficient ecosystem are gaining prominence in long-term strategic plans. Testimony to it is the Tata Technologies Ltd. and GKN Automotive Ltd. partnership which was firmed up earlier this year with an agreement. Within three months of signing it, the two companies with close coordination got the new nerve centre up and running. The soft launched global e-mobility software engineering centre (in Q2FY2020) located at Bengaluru will power next-generation e-powertrains (e-drives). Elaborating on the development in hindsight, averred Warren Harris, Managing Director and Chief Executive Officer, Tata Technologies, “The launch of the global e-mobility software engineering centre will help both companies expand and accelerate growth channels in the e-powertrain segment.”
Explained Harris, that the centre will fuse Tata Technology’s expertise in e-powertrain and embedded systems with GKN Automotive‘s next-generation e-drive technologies essentially comprising of an electric motor, high-voltage lithium-ion battery and a smart battery management system. With a potential to reshape the future of sustainable e-mobility, the milestone centre, according to Harris, will play a pivotal role in the development of reliable and higher quality technical solutions that create real value for customers.
The milestone
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