Mumbai: Tata Technologies Inc, the Tata group firm that offers engineering services and information technology solutions to the automotive and aerospace firms, plans to recruit 2000 engineers for its India operations over the next 12 months.
The company that counts Ford Motor Co. Chrysler LLC, Bajaj Auto Ltd, Fiat S.p.a., Bell Helicopter Textron Inc, Airbus S.A.S, among others as its clients, played a critical role in the design and development of the Nano, the world’s cheapest car.
In an interview on the sidelines of the Nasscom (National Association of Software Companies) summit, Warren Harris, president and chief operating officer at Tata Technologies said since the Nano project, the company has seen a “significant upswing in demand from most of the industry verticals it works with to develop low cost products that can address emerging markets.”
The company works with auto and aerospace firms in the areas of outsourcing of engineering services and design and development of components, sub-systems, and vehicles.
According to Harris, the services offered by the company helps auto and aviation companies to save at least 30% to 40% on product development and 50% to 60% on account of outsourcing of engineering services.
Harris said encouraged by the demand from companies in India and abroad Tata Technology is strengthening its IT infrastructure in India and setting up so-called delivery centres, that will help the firm serve the customers better. The firm, which presently have a presence in Pune and Bangalore, plans to expand operations to Chennai and Hyderabad, said Harris, declining to divulge more details.
The Michigan, Detroit based firm, which acquired Incat Technologies in 2005, draws two-thirds of its revenues from the auto sector and the remaining from aerospace, industrial machines and construction equipment.
Harris said the company took the Nano to the US to showcase the work it has done. “One of the key messages that underpinned the presentation was the frugal engineering capability of the engineers here (India) and innovation,” said Harris. “Unlike Europeans and North Americans, its part of their DNA,” he said.
Tata Technologies, which claims to be the only Indian engineering services firm that has the capability to offer full scale services from concept to development of vehicles, is currently working on at least five vehicle development programmes for automakers in Europe, North America and Asia. Three of these are electric vehicle projects, Harris said declining to give further details.