Tata AutoComp, Katcon Global form strategic JV for composites
Joint venture in Mexico is to specialize in lightweight applications for passenger and commercial vehicles, agricultural tractors and more for the North America market.
Tata specializes in the design, development, manufacturing and supply of autocomponent products, including binacles for tractors (top left), battery covers for electric vehicles (top right), light commercial vehicle front panels (bottom left) and more. Source | Tata AutoComp.
(Pune, India), an Indian automotive components manufacturer, and (Monterrey, Mexicao), a company specializing in exhaust systems, thermal insulation and advanced materials components, have announced a joint venture in Mexico to manufacture advanced composites, with a focus on serving the North American market. The venture will specialize in lightweight applications for passenger and commercial vehicles, agricultural tractors, off-road vehicles and specialized non-automotive segments.
This collaboration builds upon a 13-year successful partnership between Tata AutoComp and Katcon in India, particularly in the field of exhaust systems and emission after-treatment solutions. In this new venture, Tata AutoComp brings its technology leadership and customer relationships, while Katcon contributes operational excellence, regulatory expertise and strong local execution capabilities.
The joint venture is a step aligned with both companies' strategic vision to expand global footprints and serve global customers through advanced, sustainable materials.
“This is the first time we [Tata] are entering a partnership where we are contributing the core technology — what we see as a reverse model compared to our previous alliances,” says Arvind Goel, vice chairman of TataComp Systems Ltd. “Our Composite Division, recently recognized with the Deming Award, brings technology, including patented formulations and in-house capabilities for composite compounds and sheet manufacturing.”
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