TACO Sasken Automotive Electronics formed

1 Feb 2007

Sasken Communications Technologies andTATA Autocomp Systems Ltd have formed a joint venture in the area of automotive electronics on 24 January 07, to be known as TACO Sasken Automotive Electronics (TSAE). To start with the joint venture will focus on automotive electronic products in the areas of telematics, infotainment and occupant convenience. TSAE will later design, develop and market electronic products for the automotive markets both for OEM as well as the aftermarket. The development centre will be based out of Bangalore, India.

About Tata AutoComp Systems Limited (TACO)
Tata AutoComp Systems Limited (TACO), promoted by the Tata Group is amongst India's largest and fastest growing auto component groups. The group provides products and services in the area of auto components to global automotive customers including Ashok Leyland, DaimlerChrysler, Fiat, Ford, General Motors, Honda, Hyundai, John Deere, Mahindra and Mahindra, Piaggio, Tata Motors, Toyota, Volvo and VW. TACO has capabilities in automotive interiors and plastics, and stamping and assemblies, engineering, and supply chain management. The Company also has 17 joint ventures in partnership with leading companies from the global auto component industry viz Johnson Controls, Faurecia, Yazaki Corporation, T.Rad, Visteon, Knorr Bremse, Ficosa, Yutaka Giken, Sungwoo Hitech, Owens Corning, Menzolit Fibron, MobiApps Holdings, Hendrickson, Stadco, Chuo Springs, and GYIN.

With 23 facilities, including 15 manufacturing plants, four engineering centres and three export oriented units and operations in Europe, US and China, TACO is rapidly expanding its business globally in a host of areas in auto components. Currently, TACO Group designs and manufactures a wide variety of components including seating systems, plastic interior and exterior parts, wiring harnesses, aluminium radiators, lighting systems, engine induction systems, brake discs and braking systems, rear view mirrors, control cables, exhaust systems, sheet metal assemblies, SMC parts, vehicle tracking systems, suspensions, coil springs and automotive batteries.