Team Blitz India
NEW DELHI: German automotive major BMW Group and Tata Technologies, a global product engineering and digital services firm, said on April 2 that they will form a joint venture to set up an automotive software and IT development hub in India.
The two firms have signed an agreement to form a joint venture (JV) with the aim to establish an automotive software and IT development hub in Pune, Bengaluru, and Chennai, a joint statement by the companies said.The focus shall be on business IT solutions, it added.
The execution of the JV agreement is subject to review and approval by the relevant authorities, the statement added.The main development and operations activities will be established in Bengaluru and Pune.
