Mumbai: The Tata group-promoted Tata Autocomp has signed a memorandum of understanding (MoU) with TRAD of Japan to set up a research and development (R&D) centre in Pune.
The state-of-the-art R&D centre is aimed at developing better solutions for the Indian automotive market, a company press release stated.
“Tata Toyo has always been the frontrunner in offering cutting edge heat exchange technologies to its customers. This R&D centre will further enhance the capabilities of Tata Toyo and help it serve its customers better.
The aim is to ensure that technology which comes out of this R&D centre is developed in India, for customers in India,” Tata AutoComp Systems Ltd’s managing director & CEO, RS Thakur, said.
Tata Toyo Radiator Limited is a joint venture between Tata AutoComp Systems Limited, TRAD Japan and Mitsubishi Metals.
It manufactures aluminium-based radiators, inter coolers, heater cores and exhaust gas recharge systems. The key customers of Tata Toyo include Ashok Leyland, Fiat, Force Motors, John Deer, Mahindra & Mahindra, Mahindra-Navistar, Man Force and Tata Motors, among others.
Tata AutoComp provides products and services to the Indian and global automotive OEMs as well as Tier 1 suppliers. Its clients include Ashok Leyland, BMW, Fiat, Force Motors, Ford Motors India and General Motors India, among others.
TRAD Japan is a leading global manufacturer of heat exchangers. It has a manufacturing presence in several countries like the USA, Italy, Czech Republic, China, Thailand, Indonesia and Russia besides Japan and India.