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TACO has demonstrated the power
of alliances to build the automotive components business. Beginning
with one joint venture for seating equipment, with Johnson Controls
of the US, the TACO group now has 24 manufacturing joint ventures
offering a range of automotive components and out of 5 engineering
centres, three are joint ventures and offering their services globally.
Our partners from the US, Europe, Japan, Singapore and Korea are
bringing the latest technology to our customers.
We have built strong manufacturing
facilities; and we also offer automotive companies in India and
abroad process and systems capabilities, world-class design skills
at competitive costs, and supply chain management services.
Our alliances have worked well
because in each of our joint ventures with leading global companies
both sides bring something substantial to the table technology,
capital, design, engineering and manufacturing capabilities, an
ability to harness and manage skilled Indian engineering talent,
and the ability to market and sell the products and service the
customers.
TACO is already supplying components
to every automaker in India and has strong relationships with all
its customers in India. With every programme for each customer,
our relationships have deepened. Our management processes and support
have ensured that each joint venture is profitable.
Our joint ventures in India have
provided strong support to our partners' global operations. We have
simultaneously protected every partner's technology and proprietary
knowledge by working in a completely transparent manner.
Over the years our partners have
developed confidence and trust in our capability to handle existing
projects and to grow. And the TACO group learned from each joint
venture to strengthen its competencies further, building capabilities
to take on bigger projects worldwide.
Given that India
is becoming a global automotive location, both as a market and as
a base for global manufacturing and engineering, we believe TACO
is the best partner both to bring India's strengths to your business,
establish leadership in the India market for your product range
and to use low-cost Indian engineering and manufacturing to support
your global business.

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