Engineering services and product development IT services provider is bullish on tapping megatrends in the auto industry, after a few inorganic moves.
The electric mobility industry is on the rise globally. India too could become a major EV hub as the government indicates. In such a scenario, engineering and technology services providers have new opportunities for growth. Tata Technologies is one such player. It hasn’t had much of a presence in the e-mobility space, but wants to build up capabilities rapidly to tap new business. What is helping is its capabilities in lightweighting technologies for conventional vehicles. And lightweighting is a very critical factor in EV engineering.
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