Tata AutoComp Systems

Tata AutoComp Systems and SECO Seojin Automotive Co Ltd entered into a joint venture to design, develop and manufacture clutch systems for commercial vehicles and agricultural tractors in India. The JV will focus on clutch covers, discs, and friction materials.

Seojin Automotive announced on June 7, 2019, that it will establish a 50:50 joint venture with Tata Autocomp Systems Limited in India, with an investment of 4.2625 billion KRW, to target the Indian automotive parts market and expand overseas.

Tata AutoComp Systems has entered into a 50:50 joint venture with South Korea's SECO Seojin to design, develop and manufacture clutch systems in India. SECO's existing plant in Chennai will become part of the JV.

TATA Toyo Radiator, a joint venture between Tata AutoComp Systems and T.RAD, started its new production facility in Sri City, built on a 5-acre plot at an initial investment of around INR 100 million.

Tata AutoComp Systems Limited completed the acquisition of TitanX, a global engine cooling supplier with sales of approximately USD 200 million. The acquisition strengthens Tata AutoComp's presence in cooling and emission control segments globally.