# 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.

- Type: Partnership
- Announced: 2022-09-22
- Where: India, India
- Status: announced
- Products: dual clutch transmissions, continuously variable transmissions, EV reducers
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Punch Powertrain](https://endata.com/companies/2786.md) (partner)
- [Tata AutoComp Systems](https://endata.com/companies/21139.md) (partner)

## Sources

- [automotiveworld.com](https://www.automotiveworld.com/news/tata-autocomp-and-punch-powertrain-to-form-a-jv-to-deliver-powertrain-products/), 2022-09-22: "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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.