Bosch and Tata Autocomp to form EV Drivetrain Joint Venture in India

Bosch Limited and Tata AutoComp Systems Limited have formalised plans to establish a 50:50 joint venture in India to manufacture and supply e-axles and electric traction motors, strengthening their presence in the country’s growing e-mobility market.

The companies signed the joint venture agreement on March 23, following board approval by Bosch Limited on March 18, 2026. The new entity (JVCo) will be incorporated as a private limited company in India, with its name to be finalised upon approval from the Registrar of Companies. Operations are expected to commence by mid-2026, subject to regulatory clearances.

The JV will focus on engineering, manufacturing, sales and after-sales services of eAxle systems and electric motors, with scope to expand into other product segments as decided by its board. The venture will have its registered office in Pune.

Both partners will hold equal equity in the JVCo, starting with an initial paid-up capital of ₹10 lakh, contributed equally. The total equity base is planned to scale up to ₹94 crore over time, depending on business requirements.

In terms of roles, Bosch will contribute its global expertise in EV powertrain engineering and development, while Tata AutoComp will oversee operations, including procurement and administration, leveraging its domestic supply chain capabilities.

The governance structure will include a six-member board with equal representation from both companies. A five-year lock-in period will restrict share transfers to third parties, although transfers to non-competing affiliates will be allowed. Post lock-in, any sale of shares to competitors will require prior approval from the other partner.

Guruprasad Mudlapur, President of the Bosch Group in India and Managing Director of Bosch Limited, said battery electric technology remains key to reducing emissions and the partnership aims to accelerate adoption through locally developed solutions.

Sandeep Nelamangala, Joint Managing Director of Bosch Limited and President of Bosch Mobility India, said the venture aligns with growing demand for globally competitive technologies manufactured in India.

Arvind Goel, Vice Chairman of Tata AutoComp Systems, said the collaboration brings together complementary strengths in engineering, technology and manufacturing to support the evolving mobility ecosystem.

Bosch has invested over €6 billion globally in e-mobility. The company said the partnership will help bring its eAxle and electric motor technologies to India while expanding its local footprint.

Karsten Müller, Executive Vice President, Electrified Motion at Robert Bosch GmbH, said India’s position as the third-largest automotive market presents opportunities for expanding electrification-related business.

Bosch Limited reported revenue of ₹18,087 crore in FY2024-25, while Tata AutoComp Systems reported ₹3,959 crore in the same period.

The companies said the JV is expected to support localisation, scale up EV component manufacturing, and strengthen India’s e-mobility supply chain.