Shares of Tata Technologies Ltd rose 1% to touch a dayβs high of Rs 708 on 9th July, after the company announced a partnership with US-based Emerson to develop integrated testing and validation solutions for global OEMs in the automotive, aerospace, and commercial vehicle sectors.
The collaboration aims to combine Tata Techβs strengths in systems engineering, electrical/electronic (E/E) architecture, and mobility platform development. It will also leverage Emersonβs advanced test and measurement solutions.
The goal is to accelerate and simplify the validation of modern vehicles. These include electric, connected, autonomous, and software-driven models. This helps carmakers bring products to market faster, reduce costs, and stay competitive.
Tata Tech President Nachiket Paranjpe said the partnership supports their focus on building a software-defined future. It also aims at delivering smart, sustainable mobility solutions.
Last month, Tata Tech was also picked as a strategic supplier by Volvo Cars. The company will provide engineering and software services from its centres in India, Sweden, Romania, and Poland.
At 11:14 AM, the shares of Tata Tech were trading 1% higher at Rs 707 on NSE.
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