Bosch and Tata AutoComp Systems (TACO), India’s leading automotive components conglomerate, have entered into a joint venture to unlock growth opportunities in India’s e-mobility segment. The partners plan to hold equal shares in the joint venture, which aims to start its operations by mid-2026, subject to receiving all regulatory approvals.

The joint venture will focus on engineering, manufacturing and sales of eAxle systems and electric motors in India. With a registered office in Pune, this joint venture aims to accelerate the adoption of sustainable and forward-looking technologies, thereby expanding the regional footprint for both companies in the e-mobility space.

Earlier, the company had received approval from its board of directors to enter into a joint venture (JV) agreement with TACO.

Bosch is a leading supplier of technology and services in the areas of Mobility Solutions, Industrial Technology, Consumer Goods, and Energy and Building Technology.