Tata AutoComp and Punch Powertrain to form 50/50 JV for powertrain products

Tata AutoComp Systems and Punch Powertrain signed an MoU to form a 50/50 joint venture (subject to regulatory approvals) to design, manufacture, market and sell dual clutch transmissions, CVTs and EV reducers in India and globally.

“TATA AutoComp Systems Limited (Tata AutoComp) and Punch Powertrain have signed a Memorandum of Understanding (MoU) to form a 50/50 joint venture (subject to regulatory approvals) in their efforts to bring sustainable innovations in mobility solutions to the Indian market at an affordable cost.”automotiveworld.com

• 1 source
• automotiveworld.comTata AutoComp and Punch Powertrain to form a JV to deliver powertrain products | Automotive WorldSep 22, 2022

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