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Karnataka Congress MLA pitches Nitin Gadkari for PM, cites RSS age-limit remark

Karnataka Congress MLA pitches Nitin Gadkari for PM, cites RSS age-limit remark

Economic Times18 hours ago
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Tata Tech doubles down on software-defined vehicles amid OEM shift
Tata Tech doubles down on software-defined vehicles amid OEM shift

Time of India

timean hour ago

  • Time of India

Tata Tech doubles down on software-defined vehicles amid OEM shift

Academy Empower your mind, elevate your skills Product engineering and digital services firm Tata Technologies said it is doubling down on its Software-Defined Vehicle (SDV) offerings as global automakers shift research and development (R&D) priorities from mechanical components to software and electronics to drive in-car innovation. Nachiket Paranjpe, President, Global Automotive Business at the company, told ET that while the overall car industry growth is only about 3–4% per year, the SDV segment has grown almost 25–30%.He also spoke about the high demand for SDV engineers globally. 'There's strong global demand for talent skilled in SDV-related technologies, especially in C++, Python, Linux, and other key platforms.' Tata Technologies has built a significant SDV workforce with a team of about 1000 engineers just in India and 1600 company spokesperson also highlighted the renewed focus on the Indian market. 'With the China story for Western OEMs facing challenges and market shares declining, OEMs are now intensely focusing on India. They recognise India's significant disposable income and a large middle class seeking luxury mobility at specific price points,' Paranjpe shift is expected to drive innovations that will reduce overall price points, making products more accessible and comfortable for the Indian market segment, he January, the company said it has partnered with BMW Group to establish a joint venture called BMW TechWorks India , focusing on developing SDVs and other automotive software solutions by setting up an R&D centre in partnership will bring innovative solutions for ADAS (advanced driver-assistance system) platforms, automotive cockpit domain controllers, and central and zonal gateway controllers that will accelerate the realisation of SDVs. Paranjpe said 14 service providers were screened, and the deal was valued at about $25 about AI software development, Paranjpe said that the hyper-scalers such as Google, Microsoft and Amazon will eventually win the race due to their size and large capital backing. 'However, India has the opportunity in the skills needed to find these golden nuggets of AI in the world. Figuring out the tools made by the hyperscalers that can be used to build unique solutions, Indian talent can do that,' he the larger umbrella of the Tata Group, the company is bullish on its performance this year, with its capability of developing full vehicles. In Q4 of FY2025, the company reported a 20.12% increase in consolidated net profit to Rs 188.87 crore, even as its revenue from operations saw a marginal drop of 1.18% to Rs 1,285.65 crore.

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