{"id":24532,"date":"2024-10-06T10:08:26","date_gmt":"2024-10-06T10:08:26","guid":{"rendered":"https:\/\/webttldev.tatatechnologies.com\/?p=24532"},"modified":"2024-10-08T14:33:21","modified_gmt":"2024-10-08T14:33:21","slug":"tata-technologies-and-bmw-group-establish-bmw-techworks-india-a-joint-venture-to-drive-automotive-software-and-business-it-innovations","status":"publish","type":"post","link":"https:\/\/webttldev.tatatechnologies.com\/en\/newsroom\/tata-technologies-and-bmw-group-establish-bmw-techworks-india-a-joint-venture-to-drive-automotive-software-and-business-it-innovations\/","title":{"rendered":"Tata Technologies and BMW Group establish a JV &#8211; BMW TechWorks India"},"content":{"rendered":"\n<div class=\"wp-block-create-block-copy-block-two py-5\"><div class=\"container px-6\"><svg class=\"w-full mb-7\" version=\"1.2\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"1536\" height=\"10\"><defs><clipPath clipPathUnits=\"userSpaceOnUse\" id=\"cp1\"><path 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Strategic Indian talent centres \u2013 Pune, Bengaluru and Chennai &#8211; will become part of BMW Group\u2019s global network of software and IT hubs.<br>\u2022 Rapid growth to a four-digit number of employees is planned by the end of 2025.<br><br><strong>Munich, Germany and Pune, Bengaluru, Chennai, India, 08th October 2024:<\/strong> Tata Technologies, a global product engineering and digital services company and the BMW Group, one of the world\u2019s leading premium automotive manufacturers, are proud to announce the official launch of their Joint Venture (JV) &#8211; BMW TechWorks India. With the final signing of the contracts and the approval of the authorities, the JV will commence operations with 100 employees across key technology hubs in Pune, Bengaluru, and Chennai. The venture is set to scale rapidly, targeting a four-digit workforce by the end of 2025, with a strong emphasis on attracting India\u2019s top engineering talent. With BMW Group and Tata Technologies each holding 50 per cent of the shares in this JV, this collaboration underscores a shared vision to drive innovation in automotive technology and business IT.<br><br><img loading=\"lazy\" decoding=\"async\" width=\"750\" height=\"422\" class=\"wp-image-24603\" style=\"width: 750px;\" src=\"https:\/\/webttldev.tatatechnologies.com\/app\/uploads\/2024\/10\/PR-Image.jpg\" alt=\"\" srcset=\"https:\/\/webttldev.tatatechnologies.com\/app\/uploads\/2024\/10\/PR-Image.jpg 1920w, https:\/\/webttldev.tatatechnologies.com\/app\/uploads\/2024\/10\/PR-Image-300x169.jpg 300w, https:\/\/webttldev.tatatechnologies.com\/app\/uploads\/2024\/10\/PR-Image-1024x576.jpg 1024w, https:\/\/webttldev.tatatechnologies.com\/app\/uploads\/2024\/10\/PR-Image-768x432.jpg 768w, https:\/\/webttldev.tatatechnologies.com\/app\/uploads\/2024\/10\/PR-Image-1536x864.jpg 1536w, https:\/\/webttldev.tatatechnologies.com\/app\/uploads\/2024\/10\/PR-Image-1792x1008.jpg 1792w, https:\/\/webttldev.tatatechnologies.com\/app\/uploads\/2024\/10\/PR-Image-24x14.jpg 24w, https:\/\/webttldev.tatatechnologies.com\/app\/uploads\/2024\/10\/PR-Image-36x20.jpg 36w, https:\/\/webttldev.tatatechnologies.com\/app\/uploads\/2024\/10\/PR-Image-48x27.jpg 48w\" sizes=\"auto, (max-width: 750px) 100vw, 750px\" \/><br>BMW TechWorks India complements BMW Group\u2019s global strategy by engineering seamless, scalable software solutions for next-gen vehicles and delivering enhanced digital experiences. Tata Technologies\u2019 proven capabilities across the entire product value chain, from conceptualization to detailed engineering and turnkey SDV development, will drive innovation across key software projects for BMW\u2019s future mobility solutions and facilitate access to India\u2019s impressive talents.<br><br>At the heart of this collaboration is the ethos of Engineer in India for the World. India\u2019s exceptional engineering and IT talent will play a pivotal role in developing strategic software solutions for SDVs, automated driving, digital infotainment, and automotive digital services. In addition to automotive software, the joint venture will provide digital innovations for the BMW Group&#8217;s Business IT. Consequently, BMW TechWorks India will expedite the digital transformation of the car manufacturer&#8217;s global production network as well as strengthen its digital customer journey and sales processes. Another key area of focus will be the development of AI applications and platforms, which will increase the speed and efficiency of all core business processes. <br><br>The JV offers young Indian professionals an unparalleled opportunity to work on breakthrough technologies that will shape the future of mobility on a global scale. The JV&#8217;s commitment to nurturing local talent and innovating next-gen automotive innovations reinforces India\u2019s emergence as a global innovation hub in the automotive tech ecosystem. Aspiring talent can apply <a href=\"https:\/\/bmwtechworks.in\/careers\/\" target=\"_blank\" rel=\"noreferrer noopener\">here<\/a> to be part of the JV and innovate solutions that deliver a global impact.<br><br>Commenting on the establishment of the JV with BMW Group, <strong>Warren Harris, CEO and MD of Tata Technologies,<\/strong> said, \u201cOur joint venture with the BMW Group, BMW TechWorks India, underscores our deep expertise in software-defined vehicles and reflects our commitment to driving innovation in both automotive software and business IT. By leveraging Tata Technologies&#8217; strong brand presence in India, this JV will attract top talent and provide a platform to develop forward-thinking solutions that redefine the future of mobility. We are excited to partner with the BMW Group in engineering premium, software-driven vehicles, enhancing digital experiences, and accelerating their digital transformation journey.\u201d<br><br><strong>Nachiket Paranjpe, President of Automotive Sales at Tata Technologies,<\/strong> commented: &#8220;The rapid evolution of automotive technology is transforming the way vehicles are developed, with software-defined vehicles at the forefront of this shift. At Tata Technologies, our deep automotive expertise and end-to-end solutions across the value chain\u2014from concept and detailed engineering to manufacturing engineering and turnkey SDV development\u2014position us perfectly to support the BMW Group in shaping the future of mobility. Through this joint venture, we will push the boundaries of automotive technology, creating vehicles that are not only cutting-edge but also deliver exceptional driving experiences to consumers worldwide.&#8221;<br><br><strong>Christoph Grote, Senior Vice President of Electronics and Software at BMW Group <\/strong>commented: \u201cBMW TechWorks India is a significant addition to our global vehicle software development initiatives. India\u2019s software talent will be a great asset for our software-defined vehicles of the future. With agile processes and state-of-the-art tools, Indian engineers at BMW TechWorks India will co-create innovative automotive digital experiences, such as automated driving and next-gen infotainment systems.\u201d  <br><br><strong>Alexander Buresch, CIO, and Senior Vice President of BMW Group IT<\/strong> expressed his enthusiasm on the establishment of the JV: \u201cWith BMW TechWorks India, we are steadily advancing our international IT-Hub strategy and broadening our global Business IT presence. The partnership with Tata Technologies represents a strategically important step and provides excellent conditions for developing innovative software solutions along our value chain. We are excited to welcome Indian tech talents to join us in driving the digital transformation of the BMW Group.\u201d <br><br><strong>Aditya Khera, CEO of BMW TechWorks India<\/strong> expressed his delight on the establishment of the JV: \u201cWith the launch of BMW TechWorks India, we are establishing a world-class software hub that will play a critical role in the BMW Group&#8217;s automotive software and business IT strategy. By combining the BMW Group&#8217;s and Tata Technologies&#8217; leadership in software-defined vehicles and product engineering excellence, we are poised for innovation and growth, offering India&#8217;s top talent the opportunity to shape the future of the BMW Group&#8217;s mobility solutions.\u201d<br><br>The management team of BMW TechWorks India is comprised of seasoned executives from both partner companies. Representing Tata Technologies are Aditya Khera as CEO and Sweta Girinatham as CFO of this JV. From the BMW Group, Stefan Flader serves as COO of Enterprise IT, and Oliver Scheickl holds the position of COO of Automotive Software in this new JV.<br><br><strong>About Tata Technologies: <\/strong><br><br>Tata Technologies (<a href=\"https:\/\/www.bseindia.com\/stock-share-price\/tata-technologies-ltd\/tatatech\/544028\/\">BSE<\/a><span style=\"font-size: revert; color: initial;\">: 544028, <a href=\"https:\/\/www.nseindia.com\/get-quotes\/equity?symbol=TATATECH\">NSE<\/a>: TATATECH) is a global product engineering and digital services company focused on fulfilling its mission of helping the world drive, fly, build, and farm by enabling Its customers to realize better products and deliver better experiences. Tata Technologies is the strategic engineering partner businesses turn to when they aspire to be better. Manufacturing companies rely on Tata Technologies to enable them to conceptualize, develop and realize better products that are safer, cleaner, and improve the quality of life for all the stakeholders, helping us achieve our vision of #EngineeringABetterWorld. For more, visit us at\u202f <a href=\"https:\/\/www.tatatechnologies.com\">https:\/\/www.tatatechnologies.com<\/a>\u202for learn more\u202f<a href=\"https:\/\/www.tatatechnologies.com\/about-us\/\">here<\/a>. Follow us on\u202f<a href=\"https:\/\/www.linkedin.com\/company\/tata-technologies\/\">LinkedIn<\/a>, <a href=\"https:\/\/www.instagram.com\/tatatechnologies\/\">Instagram<\/a>, <a href=\"https:\/\/twitter.com\/TataTech_News\">Twitter<\/a>, \u202f<a href=\"https:\/\/www.facebook.com\/TataTechnologies\">Facebook<\/a>\u202fand\u202f<a href=\"https:\/\/www.youtube.com\/user\/tatatechnologies\">YouTube<\/a>\u202ffor the latest updates.<\/span><br><br><strong>Tata Technologies Media Contacts: <\/strong><br><br>Priyanka Bhatia (<a href=\"tel:+919167931934\">+91 91679 31934<\/a>, <a href=\"mailto:Priyanka.Bhatia@adfactorspr.com\">Priyanka.Bhatia@adfactorspr.com<\/a>),<br>Parikshit Joshi (<a href=\"tel:+919833917030\">+91 98339 17030<\/a>, <a href=\"mailto:Parikshit.Joshi@adfactorspr.com\">Parikshit.Joshi@adfactorspr.com<\/a>)<br><br><strong>About The BMW Group:<\/strong><br><strong>Global network for Software &amp; IT-Hubs<br><\/strong><br>For several years now, the BMW Group has been pooling its digital expertise at international locations, thereby securing its IT and software know-how for the long term. In total, more than 15,000 employees worldwide work in software development and Business IT for the BMW Group and its joint ventures. The locations span the entire globe: USA, Portugal, Germany, Romania, South Africa, India, and China. <br><br>With the new joint venture BMW TechWorks India, the BMW Group sets another milestone in its growth strategy and strengthens its position as a leading company in the field of automotive software and business IT.<br><br><strong>BMW Group in India<\/strong><br><br>The BMW Group has been active in India since 2007 and employs around 650 people. BMW India\u2019s headquarter is located close to New Delhi in Gurugram, which is also home to a training centre. Further activities include a production plant in Chennai, a spare parts warehouse in Pune and a dealer network in the country&#8217;s major metropolises. In 2023, BMW Group India recorded the best annual result in its history with BMW and MINI selling 14,172 units and BMW Motorrad selling 8,768 units.<br><br>If you have any questions, please contact:<br><strong>BMW Group corporate communications:<\/strong><br><br>Benedikt Fischer, Spokesperson BMW Group IT<br>Phone: <a href=\"tel:+4915160166887\">+49-151-601-66887<\/a><br>E-mail: <a href=\"mailto:benedikt.fischer@bmwgroup.com\">benedikt.fischer@bmwgroup.com<\/a><br><br>Martin Tholund, spokesperson for Digital Car, Electronics and Software, Technology Partnerships, Digital Products and Services<br>Telephone: <a href=\"tel:+4915160177126\">+49-151-601-77126<\/a><br>email: <a href=\"mailto:Martin.Tholund@bmwgroup.com\">Martin.Tholund@bmwgroup.com<\/a><br><br>Web: <a href=\"https:\/\/www.press.bmwgroup.com\/global\">www.press.bmwgroup.com\/global<\/a><br>email: <a href=\"mailto:presse@bmw.de\">presse@bmw.de<\/a><br><br><strong>The BMW Group<\/strong><br><br>With its four brands BMW, MINI, Rolls-Royce and BMW Motorrad, the BMW Group is the world\u2019s leading premium manufacturer of automobiles and motorcycles and also provides premium financial and mobility services. The BMW Group production network comprises over 30 production sites worldwide; the company has a global sales network in more than 140 countries.<br><br>In 2023, the BMW Group sold over 2.55 million passenger vehicles and more than 209,000 motorcycles worldwide. The profit before tax in the financial year 2023 was \u20ac 17.1 billion on revenues amounting to \u20ac 155.5 billion. As of 31 December 2023, the BMW Group had a workforce of 154,950 employees.<br><br>The success of the BMW Group has always been based on long-term thinking and responsible action. The company set the course for the future at an early stage and consistently makes sustainability and efficient resource management central to its strategic direction, from the supply chain through production to the end of the use phase of all products. <br><br><a href=\"https:\/\/www.bmwgroup.com\/\">www.bmwgroup.com<\/a> <br>Facebook: <a href=\"http:\/\/www.facebook.com\/BMWGroup\">http:\/\/www.facebook.com\/BMWGroup<\/a> <br>Twitter: <a href=\"http:\/\/twitter.com\/BMWGroup\">http:\/\/twitter.com\/BMWGroup<\/a> <br>YouTube: <a href=\"http:\/\/www.youtube.com\/BMWGroupView\">http:\/\/www.youtube.com\/BMWGroupView<\/a> <br>Instagram: <a href=\"https:\/\/www.instagram.com\/bmwgroup \">https:\/\/www.instagram.com\/bmwgroup <\/a><br>LinkedIn: <a href=\"https:\/\/www.linkedin.com\/company\/bmw-group\/\">https:\/\/www.linkedin.com\/company\/bmw-group\/<\/a><br><\/p><\/div><\/div><\/div><\/div><\/div>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":32,"featured_media":24589,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[20],"tags":[],"class_list":["post-24532","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-newsroom"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.1 (Yoast SEO v24.1) - 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