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Time of India
14-07-2025
- Automotive
- Time of India
Dentons Link Legal guides Skoda on railway manufacturing JV with Tata AutoComp
Dentons Link Legal had advised Czech public transport manufacturer Skoda Group on its recently established 50:50 joint venture with Tata AutoComp Systems Limited for the manufacture and supply of components for the railway sector in India. This landmark joint venture aims to locally manufacture high-technology products such as propulsion systems , auxiliary converters, and traction motors for various rail segments, including metros, light rail, and regional transit systems. The collaboration not only leverages Škoda's European technological expertise but also supports India's ' Make in India ' and ' Atmanirbhar Bharat ' initiatives, creating a strong foundation for innovation, localization, and sustainable transportation. Dentons Link Legal advised Škoda Group on all legal aspects of the transaction, including the structuring and incorporation of the joint venture, negotiation and finalization of the definitive agreements, including alignment with Indian regulatory and corporate compliance requirements. The Dentons Link Legal team was led by partner Anuj Trivedi. The transaction team comprised principal associate Kartikeya Singh and associate Dakshita Arora. The incorporation of the joint venture entity was also spearheaded by Trivedi, supported by principal associate Vandana Batra and associate Shubham Tandon. 'This transaction showcases our firm's robust capabilities in cross-border joint ventures, strategic collaborations, and manufacturing sector transactions, and reaffirms our continued commitment to facilitating transformative business partnerships in India's evolving infrastructure and mobility sector,' Dentons Link Legal said in a statement.
Time of India
14-07-2025
- Automotive
- Time of India
Skoda Group: Dentons Link Legal guides Skoda on railway manufacturing JV with Tata AutoComp, ET LegalWorld
Advt By , ETLegalWorld Join the community of 2M+ industry professionals. Subscribe to Newsletter to get latest insights & analysis in your inbox. All about ETLegalWorld industry right on your smartphone! Download the ETLegalWorld App and get the Realtime updates and Save your favourite articles. Dentons Link Legal had advised Czech public transport manufacturer Skoda Group on its recently established 50:50 joint venture with Tata AutoComp Systems Limited for the manufacture and supply of components for the railway sector in landmark joint venture aims to locally manufacture high-technology products such as propulsion systems, auxiliary converters, and traction motors for various rail segments, including metros, light rail, and regional transit systems. The collaboration not only leverages Škoda's European technological expertise but also supports India's ' Make in India ' and 'Atmanirbhar Bharat' initiatives, creating a strong foundation for innovation, localization, and sustainable Link Legal advised Škoda Group on all legal aspects of the transaction, including the structuring and incorporation of the joint venture, negotiation and finalization of the definitive agreements, including alignment with Indian regulatory and corporate compliance Dentons Link Legal team was led by partner Anuj Trivedi. The transaction team comprised principal associate Kartikeya Singh and associate Dakshita Arora. The incorporation of the joint venture entity was also spearheaded by Trivedi, supported by principal associate Vandana Batra and associate Shubham Tandon.'This transaction showcases our firm's robust capabilities in cross-border joint ventures, strategic collaborations, and manufacturing sector transactions, and reaffirms our continued commitment to facilitating transformative business partnerships in India's evolving infrastructure and mobility sector,' Dentons Link Legal said in a statement.
Hans India
10-07-2025
- Automotive
- Hans India
TATA AutoComp, Skoda Group form JV
New Delhi: Auto components maker TATA AutoComp and Skoda Group on Wednesday announced the formation of a joint venture to manufacture railway propulsion systems and components in India envisaging 'multi-million euro investment' in the country. This partnership is aimed at supporting the growing Indian railway and mobility markets, TATA AutoComp said in a statement. Skoda Group is a leading European manufacturer of components and vehicles for public transport. On the other hand TATA AutoComp has a significant market position in providing systems and components for electric vehicles. 'This partnership will diversify TATA AutoComp's portfolio and strengthen its capability in railway and metro segment,' the company said. TATA AutoComp further said 'it aims to bring sustainable innovations in mobility solutions at an affordable cost, specifically catering to rolling stock in India.' The new company, jointly owned by the two partners, will focus on manufacturing converters, drives and auxiliary converters for medium high-speed and regional trains, metros and light rail vehicles, the statement said. 'Manufacturing operations will be based in India. The joint venture involves a multi-million-euro investment and is expected to bring economic and technological benefits to the region,' it added. Tata AutoComp Vice-Chairman Arvind Goel said: 'Our collaboration with Skoda Group is set to enhance our footprint in the Indian Railway and Metro sector by enabling the introduction of state-of-the-art electrical propulsion systems and components.'
India.com
09-07-2025
- Automotive
- India.com
Noel Tata's BIG plan to transform Indian railway, enters in partnership with…, will manufacture…
Auto components manufacturer TATA AutoComp and Skoda Group on Wednesday announced the establishment of a joint venture to produce railway propulsion systems and components in India, with plans for a 'multi-million euro investment' in the country. This partnership is aimed at supporting the growing Indian railway and mobility markets, TATA AutoComp said in a statement. What does TATA AutoComp Do? Skoda Group is a leading European manufacturer of components and vehicles for public transport. On the other hand TATA AutoComp has a significant market position in providing systems and components for electric vehicles. 'This partnership will diversify TATA AutoComp's portfolio and strengthen its capability in railway and metro segment,' the company said. TATA AutoComp further said it 'aims to bring sustainable innovations in mobility solutions at an affordable cost, specifically catering to rolling stock in India'. How Will Tata Help Indian Railway? The new company, jointly owned by the two partners, will focus on manufacturing converters, drives and auxiliary converters for medium high-speed and regional trains, metros and light rail vehicles, the statement said. 'Manufacturing operations will be based in India. The joint venture involves a multi-million-euro investment and is expected to bring economic and technological benefits to the region,' it added. Tata AutoComp Vice-Chairman Arvind Goel said, 'Our collaboration with Skoda Group is set to enhance our footprint in the Indian Railway and Metro sector by enabling the introduction of state-of-the-art electrical propulsion systems and components.' Skoda Group CEO and Chairman of the Board of Directors Petr Novotny said,'Together with TATA AutoComp, we are bringing advanced technology and expertise to India, a testament to years of development and proven solutions in operation not only in the Czech Republic, but also in other European countries.' (With Inputs From PTI)
Hindustan Times
09-07-2025
- Automotive
- Hindustan Times
Tata AutoComp and Škoda Group Launch Joint Venture for Railway Components in India
Tata AutoComp and Skoda Group has established a joint venture to manufacture railway propulsion systems and components in India. Check Offers Tata AutoComp Systems Ltd. and Škoda Group have recently established a joint venture to manufacture railway propulsion systems and components in India. The new partnership aims to take strategic steps toward enhancing domestic capabilities within the railway and metro mobility markets and supporting the growing infrastructural needs of the country's transport sector. It involves a multi-million euro investment and aims to generate economic growth and technological advancement for the region. The new entity is jointly owned by Tata AutoComp and Škoda Group, with operations based in India. The company will focus on manufacturing converters, drives, and auxiliary converters for medium high-speed and regional trains, metros, and light rail vehicles. This collaboration involves a multi-million-euro investment and aims to generate economic and technological benefits for the region. Commenting on the occasion, Arvind Goel, Vice-Chairman, Tata AutoComp, said, 'Tata AutoComp has consistently led the way in delivering advanced technological solutions to its customers. Our collaboration with Škoda Group is set to enhance our footprint in the Indian Railway and Metro sector by enabling the introduction of state-of-the-art electrical propulsion systems and components. We value this partnership with Škoda Group, a globally recognised provider of high-quality railway technologies." Also Read : Global slowdown, model changes drag Tata Motors sales in Q1 FY26 The signing ceremony for the joint venture was held in New Delhi. It was attended by top leadership from both organisations, as well as dignitaries, including Ing. Eva Kopecká, Head of the Commercial and Economic Section at the Embassy of the Czech Republic in India. Manoj Kolhatkar, Managing Director & CEO, Tata AutoComp, stated, 'We are delighted to collaborate with Škoda Group, a global player in the public transport industry. This partnership improves our market presence in the Railway domain and will contribute to safe and efficient solutions for Indian Railway and Metro segments." Škoda Group brings over 165 years of experience in public transport systems, offering a broad range of rolling stock, including trams, locomotives, and metro trains. Petr Novotný (L), CEO and Chairman of Board of Directors, Škoda Group, alongside Arvind Goel, Vice-Chairman, Tata AutoComp Petr Novotný, CEO and Chairman of Board of Directors, Škoda Group, said, 'This joint venture represents our commitment to innovation and international collaboration. Together with TATA AutoComp, we are bringing advanced technology and expertise to India, a testament to years of development and proven solutions in operation not only in the Czech Republic, but also in other European countries. I am confident that this partnership will enable both companies to lead and stay at the forefront of the growing demand for modern rail solutions." Production in India will be supported by Škoda's technical expertise, with Tata AutoComp's local manufacturing experience and prior contribution to national projects such as the Vande Bharat trains expected to play a key role in execution. The partnership marks Tata AutoComp's latest move within the railway and metro markets, extending its influence beyond the automotive sector, where it operates 10 joint ventures and over 60 facilities across India and abroad. Get insights into Upcoming Cars In India, Electric Vehicles, Upcoming Bikes in India and cutting-edge technology transforming the automotive landscape. First Published Date: 09 Jul 2025, 19:00 pm IST
