Bosch Limited and Tata AutoComp Systems Limited (TACO) have announced a definitive joint venture to capitalize on India’s rapidly growing e-mobility sector. The 50:50 JV will focus on the engineering, manufacturing, and sales of eAxle systems and electric motors in India, aiming to commence operations by mid-2026. This partnership leverages Bosch’s global technology expertise with TACO’s local manufacturing strength to drive sustainable mobility solutions.
Bosch and Tata AutoComp Form Strategic E-Mobility Joint Venture
Bosch Limited, a leading technology and services supplier, and Tata AutoComp Systems Limited (TACO), a major automotive components conglomerate, have formally announced a joint venture agreement. This strategic collaboration aims to unlock substantial growth opportunities within India’s accelerating e-mobility segment. The partners plan to hold equal shares in the new entity, which is targeted to begin operations by mid-2026, pending final regulatory clearances.
Focus on eAxle Systems and Electric Motors
The primary function of the joint venture will be the engineering, manufacturing, and sales of advanced eAxle systems and electric motors specifically for the Indian market. The JV will establish a registered office in Pune, Maharashtra, emphasizing localized production of cutting-edge, sustainable technologies.
Leadership Commentary on the Partnership
Guruprasad Mudlapur, President of the Bosch Group in India and Managing Director of Bosch Limited, stated his strong conviction in Battery Electric technology as the definitive path for achieving low emissions in passenger and commercial vehicles. He noted the JV is designed to accelerate adoption by delivering state-of-the-art e-Mobility solutions.
Sandeep Nelamangala, Joint Managing Director, Bosch Limited, highlighted that Indian customers are demanding cutting-edge global solutions manufactured locally. He confirmed the JV aims precisely to deliver this localization of advanced technology.
Arvind Goel, Vice Chairman of Tata AutoComp, emphasized that the partnership combines the complementary strengths in engineering, technology, and manufacturing required to accelerate the development of advanced e-mobility solutions for the Indian landscape.
Global Commitment and Bosch Financial Strength
Bosch highlighted its substantial global commitment to e-mobility, having already invested over 6 billion euros globally. This local partnership allows Bosch to bring its advanced eAxle and electric motor solutions directly to India’s expanding market.
Karsten Müller, Executive Vice President at Robert Bosch GmbH, noted that this planned partnership cements Bosch’s presence in e-mobility in India, enabling the delivery of global expertise locally.
The transaction has received approval from the Boards of Bosch, Bosch Limited, and Tata AutoComp Systems Limited, signaling strong internal alignment ahead of regulatory approvals.
About Bosch in India Overview
In India, the Bosch Group operates through 14 companies. The company reported net revenue of ₹373,457 million euros (approximately 4.13 billion euros) in FY 2024–25, employing 38,655 associates as of March 31, 2025. Bosch Limited alone recorded revenue from operations of ₹18,087 crores (approximately 1,985 million euros) in fiscal year 2024-25.
Globally, the Bosch Group employed roughly 412,000 associates as of December 31, 2025, achieving preliminary sales of 91 billion euros in 2025. The Group maintains a major focus on innovation, employing some 82,000 associates in research and development across 136 locations worldwide.
Source: BSE
