With TECOSIM’s integration, Hinduja Tech aims to enhance its competitive edge, providing solutions to solve the complex problems in the mobility landscape.
29 Nov 2024 | 6180 Views | By Autocar Professional Bureau
Hinduja Tech Ltd, a subsidiary of Ashok Leyland specialising in mobility-focused engineering and R&D services, has finalised its acquisition of TECOSIM Group, a prominent European engineering services provider. This move bolsters Hinduja Tech’s presence in Europe and aligns with its ambition to rank among the top 10 global mobility engineering ...
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Hinduja Tech Ltd, a subsidiary of Ashok Leyland specialising in mobility-focused engineering and R&D services, has finalised its acquisition of TECOSIM Group, a prominent European engineering services provider. This move bolsters Hinduja Tech’s presence in Europe and aligns with its ambition to rank among the top 10 global mobility engineering companies.
Hinduja Tech, delivering sustainable mobility solutions, aims to leverage TECOSIM Group’s proficiency in virtual validation and body engineering. The acquisition enhances Hinduja Tech’s global footprint, providing operational efficiencies and a broader suite of services for the evolving needs of the automotive and mobility industries.
The TECOSIM Group, headquartered in Europe, is recognised for its innovation in virtual validation—a key aspect of automotive design that reduces the need for physical prototypes—and its expertise in body engineering. With a workforce of over 650 employees spread across the UK, Germany, Romania, Japan, and India, TECOSIM brings a wealth of talent and technical know-how to Hinduja Tech.
Hinduja Tech’s CEO, Kumar Prabhas, said, that the company is delighted to have TECOSIM Group join the Hinduja Tech family. “This reinforces our unwavering commitment to innovation and growth. TECOSIM Group’s virtual validation and body engineering expertise perfectly complements our existing capabilities, allowing us to offer a comprehensive range of solutions. Together, we will drive the future of automotive engineering and shape the contours of the global mobility landscape,” he said.
Udo Jankowski, Managing Director of TECOSIM Group, highlighted the opportunities brought by the partnership, and said, "Joining forces with Hinduja Tech is a game-changer for TECOSIM. Their global reach and industry expertise, coupled with our technical strengths, create a winning combination. We are excited to embark on this journey, delivering exceptional value to our clients and driving technological advancements in the global mobility value chain.”
Hinduja Tech’s acquisition of TECOSIM significantly expands its presence in Europe, a key region for automotive innovation. With TECOSIM’s established base in Europe, Hinduja Tech will be better positioned to serve a diverse range of clients across the continent and beyond.
As a subsidiary of Ashok Leyland, Hinduja Tech delivers mobility solutions that address industry trends such as electrification and digitalisation. By acquiring TECOSIM, Hinduja Tech takes another step towards becoming a leading global player in the automotive and mobility engineering sectors.