Bosch and Tata AutoComp Systems Limited announce e-mobility joint venture

Bosch and India’s leading automotive component manufacturer Tata AutoComp Systems Limited announced plans for a joint venture. This partnership aims to combine the strength of both companies to unlock growth opportunities in India’s e-mobility segment.

Bosch and Tata AutoComp Systems Limited plan to hold equal shares in the joint venture, which aims to start its operations by mid-2026, subject to receiving all regulatory approvals.

“India’s dynamic development towards electromobility is impressive and aligns perfectly with the strategic direction of Bosch Mobility. For us, electromobility is a key area for the future, and we are consistently investing in the entire value chain – from semiconductors to complete eAxle systems,” – says Markus Heyn, member of the board of management of Robert Bosch GmbH and chairman of Bosch Mobility.

The planned joint venture will focus on engineering, manufacturing, and sales of eAxle systems and electric motors in India. With a registered office in Pune, this joint venture aims to accelerate the adoption of sustainable and forward-looking technologies, thereby expanding the regional footprint for both companies in the e-mobility space.

Bosch has invested more than 6 billion euros globally in e-mobility. This planned partnership enables the company to bring these advanced eAxle systems and electric motor solutions to India’s growing e-mobility market, reinstating their ongoing commitment to the region.

The Boards of Bosch Group, Bosch Limited, and Tata AutoComp Systems Limited have already approved the transaction.