Skip to main content

Tata Technology Seeks Silicon Valley EV Insights

Tata is one of the largest companies in India and stretches into just about every industry … cars, heavy trucks, metal supply, technology, consulting … even cell service, to name a few. From the looks of it, Tata is interested in stretching its wings (and the business) into the US, as subsidiary Tata Technologies has announced the opening of a new “innovation lab” in the renowned tech hub Silicon Valley in Northern California.
Silicon Valley has been a hub for innovation on the ‘net and in technology for the last ~30 years or more, and over the last few years, has become a hub for integrating that technology into cars with Tesla, Ford, BMW, Mercedes, VW, Nissan, and others having local offices there with similar goals of harnessing the technological innovation of the Valley for integration into vehicles.
Technology in cars used to be as simple as the standalone infotainment system, which, over time, evolved into GPS and navigation, then into the actual brains of the car, and now is undergoing a full step change as the automotive industry gears up for the race towards the first production car capable of fully autonomous driving. The average modern car on the road today is often tooling around with more than 100 million lines of code in it — a staggering amount for something as basic as a gasoline engine–powered vehicle, but speaks to the complexity of modern cars.


With this in mind, it makes loads of sense why Tata is coming to the brain trust of US tech talent to open an innovation center, and the Tata story doesn’t stop there. The company is also working on an electric car that can scale and it stands to make a sizeable profit if the automaker can bottle up Silicon Valley tech and roll it into a compact, affordable electric car for the masses back home in India.
“A lot of innovation is happening in the E-car concept and we are setting up our innovation lab in California to intersect and help such companies productionize some of their ideas,” said Samir Yajnik, Tata Technologies and President Global Delivery & COO APAC.

Comments

  1. You can find all indian bank branches updated IFSC code list on the below mentioend link.
    http://www.codebankifsc.com/

    ReplyDelete

Post a Comment

Please leave your name and email id along with the comment .
Get the updates from this blog direct to your inbox . Fill in your email id on the home page.

Popular posts from this blog

Reliance's JioMart is averaging half a million orders per day; WhatsApp driving growth

  JioMart , Reliance's online-to-offline commerce  platform that launched in May , has scaled up rapidly, riding on the pandemic-fuelled digital acceleration. The service, which went   live in 200 cities across India, is currently processing an average of  500,000 orders per day. " We can go even higher on peak days",  Jio Platforms CEO   Kiran Thomas  revealed at the Facebook for Fuel India 2020 event. He said, "JioMart is empowering millions of  kiranas  and small merchants through the simple and secure platform of WhatsApp, and linking them to Reliance Retail's pan-India supply chain. We expect to grow manifold in future, and are optimistic about enabling new cohorts of users and making it easier for them to shop for daily essentials."  "Customers are transacting seamlessly on JioMart and the  conversational nature of the service  enabled by WhatsApp has made people adapt to it intuitively," he added. Reliance also stated that it will continue t

Stock broker SMC Global files for IPO

F inancial services company SMC Global Securities has filed draft red herring prospectus with SEBI for public issue of 1,58,67,380 equity shares of face value of Rs 2 each. The issue comprises a fresh issue of 79,33,690 equity shares by the company and an offer for sale of 79,33,690 shares by Millennium India Acquisition Company Inc. As of September 30, 2012, "We service our broking clients through a network of 43 branches and 2,521 registered sub-brokers and authorized persons spread in more than 500 cities and towns. We have also established an office in Dubai for brokerage and trading activities in that region," the company said. SMC has reported a loss of Rs 0.42 crore and total revenues of Rs 292.24 crore in the year ended March 31, 2012. "The proceeds of the fresh issue shall be utilised for margin maintenance with stock exchanges; part repayment of term loan; investments into subsidiary, SMC Comtrade; and general corporate purposes," according to p

TCS merger with TCS e serve

The board of Tata Consultancy Services (TCS) in its meeting on 18 October 2012 has approved the composite scheme of arrangement between TCS, TCS e-Serve (e-Serve) and TCS e-Serve International (TEIL). The composite scheme of arrangement provides for merger of e-Serve into TCS and demerger of TEIL's special economic zone (SEZ) undertaking(s) to TCS. The appointed date proposed for this scheme is 01 April 2013. TCS holds 96.26% of the paid up equity share capital of e-Serve. TEIL is a wholly owned subsidiary of e-Serve. As per the terms of the scheme of arrangement, shareholders of e-Serve (other than TCS) will receive 13 equity shares of Re 1 each of TCS for every 4 equity shares of Rs 10 each of e-Serve held by them. The board has approved the scheme of merger of Computational Research Laboratories (CRL) and Retail FullServe (RFL) with TCS. The proposed appointed date for the merger of CRL is 01 October 2012 and for the merger of RFL is 01 April 2012. Computational Res