Hinduja Tech Restricted, a subsidiary of Ashok Leyland, has acquired TECOSIM Group, a European engineering companies supplier. This acquisition expands Hinduja Tech’s European presence and goals to propel the corporate towards its objective of changing into a high 10 international mobility engineering and R&D firm. The transfer strengthens Hinduja Tech’s place within the international automotive engineering market and reinforces its dedication to sustainable mobility options. The acquisition combines Hinduja Tech’s current capabilities with TECOSIM Group’s experience in digital validation and physique engineering.International enlargement
Hinduja Tech’s acquisition of TECOSIM Group marks a major step in its progress technique. The corporate goals to reinforce its international market presence, enhance operational efficiencies, and improve competitiveness. This acquisition can be anticipated to reinforce the corporate’s means to ship revolutionary and sustainable mobility options.
The acquisition brings collectively two firms with complementary strengths. Hinduja Tech has a confirmed observe document in expertise innovation and programs integration. TECOSIM Group brings deep expertise in digital validation and physique engineering.
What does this signify?
The mixed entity will provide a broader suite of companies to the worldwide mobility business. It will embrace every little thing from superior expertise innovation to main programs integration, addressing the evolving wants of the automotive sector. The acquisition will allow Hinduja Tech to supply extra complete and aggressive companies via its international supply mannequin.
TECOSIM Group is thought for its experience in digital validation and physique engineering, bringing innovation and expertise to Hinduja Tech. The acquisition will permit Hinduja Tech Group to supply a complete set of companies. This ranges from superior expertise innovation to programs integration.
This partnership goals to broaden Hinduja Tech’s vary of options for the worldwide mobility business’s evolving wants. It additionally seeks to make sure extra complete and aggressive companies for purchasers via a worldwide supply mannequin.
“We’re delighted to have TECOSIM Group be a part of the Hinduja Tech household. This reinforces our unwavering dedication to innovation and progress. TECOSIM Group’s digital validation and physique engineering experience completely enhances our current capabilities, permitting us to supply a complete vary of options. Collectively, we’ll drive the way forward for automotive engineering and form the contours of the worldwide mobility panorama,” said Kumar Prabhas, CEO of Hinduja Tech Restricted.
“Becoming a member of forces with Hinduja Tech is a game-changer for TECOSIM. Their international attain and business experience, coupled with our technical strengths, create a profitable mixture. We’re excited to embark on this journey, delivering distinctive worth to our purchasers and driving technological developments within the international mobility worth chain,” talked about Udo Jankowski, Managing Director of the TECOSIM Group.
Hinduja Tech international footprint
The acquisition expands Hinduja Tech’s international footprint, notably in Europe. TECOSIM’s established presence in Europe supplies Hinduja Tech with broader geographic attain and new avenues for progress. This consists of entry to a extra numerous buyer base in Europe and past.
TECOSIM has over 650 staff throughout the UK, Germany, Romania, Japan, and India. These staff will deliver a wealth of experience and revolutionary options to Hinduja Tech. The acquisition strengthens Hinduja Tech’s means to deal with the automotive business’s challenges. The corporate goals to ship revolutionary options that promote effectivity, sustainability, and efficiency.
