Tata Elxsi and GSMA Collaborate to Deliver Enterprise-Ready Network APIs Under Open Gateway Framework

Tata Elxsi, a global leader in design and technology services, and global mobile industry association, the GSMA have signed a Memorandum of Understanding (MoU) under the GSMA Fusion initiative to help accelerate enterprise API adoption. The collaboration also includes a global Statement of Requirements which aims to help mobile operators unlock new revenue streams by monetizing their networks through standardized APIs, enabling enterprise-ready services across key industries such as automotive, industrial, healthcare, and entertainment.

The two organizations will first focus on supporting enterprise demand in the automotive and drone sectors for new digital services and applications that can benefit from standardized Quality on Demand (QoD) APIs and other relevant network APIs that are available and likely to become available soon.

Driving the Network Monetization agenda for Future ready Telcos

Network monetization is a core pillar of Tata Elxsi’s AI First Telco strategy, designed to help operators move beyond connectivity and capture high-value enterprise opportunities. According to a recent market forecast by ResearchAndMarkets.com, the global network API market is projected to grow from $1.96 Billion in 2025 to $6.13 billion by 2030, driven by 5G adoption and enterprise digital transformation. This collaboration strategically positions Tata Elxsi to support operators in accelerating time-to-market for API-driven services, simplifying integration, and unlocking new monetization opportunities across multiple enterprise verticals and use cases.

Through its connection with Tata Elxsi, GSMA will help mobile operators in their delivery of scalable, programmable network services—such as QoD, location verification, and enhanced security—driven by regional and industry-specific enterprise needs. Leveraging GSMA’s Open Gateway framework and CAMARA-standardized APIs, Tata Elxsi will develop demand-driven use cases that utilize network APIs to address specific enterprise needs across key verticals.

In the automotive sector, use cases such as enhanced driver and cabin monitoring, rear-seat entertainment powered by QoD network APIs, location-based services, and KYC for passengers or drivers in shared mobility and fleet operations will be delivered to enterprise customers through Tata Elxsi’s Connected Digital Platform & Solutions, ensuring seamless integration and efficient consumption of network APIs.

Rajagopalan Rajappa, Chief Technology Officer – Communication Technologies & Platforms, Tata Elxsi, said, “This collaborative effort is a strategic offering to help telcos transform their value and value proposition for the future. By enabling operators to monetize their networks through standardized APIs, we help them unlock enterprise revenue with best-in-class integration, platform services and managed offerings from Tata Elxsi.”

Paresh Modi, Senior Director, GSMA Fusion, added: “We look forward to working with Tata Elxsi through the GSMA Open Gateway initiative. Their deep enterprise knowledge and expertise in systems integration and software innovation will play an important role in accelerating the adoption of mobile network APIs. As the mobile industry opens up new network capabilities, companies like Tata Elxsi will be essential in helping us understand enterprise needs, unlock value and scale new digital services across sectors, from automotive to digital entertainment.”

Strategic Focus Areas Under the MoU

Enterprise Demand Generation: Tata Elxsi publishes a Global Statement of Requirement for operators to drive global adoption of standardized APIs.

Technical Enablement: Integration of Open Gateway certified CAMARA APIs into Tata Elxsi’s TETHER platform for seamless enterprise connectivity.

Go-to-Market Acceleration: Joint engagement with mobile operators, pilot programs, and awareness campaigns through GSMA platforms.

Commercial Models: Tata Elxsi will propose API consumption and monetization models for OEMs and Operators, creating sustainable revenue streams.

About Tata Elxsi

Tata Elxsi is a global leader in design and technology services, enabling enterprises to reimagine their products and services through digital transformation. With deep expertise in telecom, automotive, healthcare, and media, Tata Elxsi delivers cutting-edge solutions that combine design thinking with advanced engineering. For more information, visit tataelxsi.com.

About the GSMA

The GSMA is a global organization unifying the mobile ecosystem to discover, develop, and deliver innovation foundational to positive business environments and societal change. Our vision is to unlock the full power of connectivity so that people, industry, and society thrive. Representing mobile operators and organizations across the mobile ecosystem and adjacent industries, the GSMA delivers for its members across three broad pillars: Connectivity for Good, Industry Services and Solutions, and Outreach. This activity includes advancing policy; tackling today’s biggest societal challenges; underpinning the technology and interoperability that make mobile work; and providing the world’s largest platform to convene the mobile ecosystem at the MWC and M360 series of events.

Tata Elxsi and Bayer Unveil Radiology Development Centre to Fast-Track Diagnostic Innovation

Tata Elxsi, a global leader in design and technology services, today announced the inauguration of the ‘Bayer Development Centre in Radiology’ at Tata Elxsi, Pune, India. The centre is designed to co-develop with Bayer, a leader in key areas of Radiology, advanced radiology devices and technology that enable early and accurate diagnosis and treatment of critical illnesses, supporting Bayer’s global mission to bring innovative, safe, and compliant solutions to patients and clinical staff worldwide.

This centre will provide a wide range of engineering for complex radiology devices, with an initial focus on Molecular Imaging. The facility’s integrated approach, which combines design, development, and validation, the centre will help accelerate time-to-market, enhance cost efficiency, and help deliver new technology to market fast, efficiently, and at an optimized cost, while meeting highest regulatory compliance standards.

This collaboration leverages Tata Elxsi’s healthcare engineering expertise and the strength of the Tata and India ecosystems—enabling access to advanced labs, regulatory partnerships, and specialised technology talent. This creates a scalable foundation for innovation and strengthens Bayer’s ability to deliver radiology solutions across multiple geographies, including the US and EU.

Dr. Konstanze Diefenbach, Head of Research & Development, Radiology, Bayer, commented: “Bayer is committed to innovative products and high-quality services in diagnostic imaging, and device innovation plays a critical role in delivering precision and safety in patient care. This new centre gives us direct access to specialised engineering capabilities through Tata Elxsi, enabling us to accelerate our pipeline of advanced radiology devices while maintaining the quality and reliability that healthcare providers expect from Bayer.”

Sreevatsa Sahasranaman, Sr. Vice President & Head – Healthcare & Life Sciences, Tata Elxsi, said, “This centre is more than an engineering hub—it is where Bayer’s radiology vision meets Tata Elxsi’s design, AI/ML, and regulatory expertise. Our teams will work together to translate ideas into devices that address real-world diagnostic challenges, with the assurance of safety, compliance, and global scalability.”

About Tata Elxsi

Tata Elxsi is a global design and technology services company headquartered in Bangalore. It addresses the healthcare, automotive, broadcast, and communications consumer electronics industries. This is supported by a network of design studios, development centres, and offices worldwide. Tata Elxsi's Healthcare & Life Sciences practice is ISO 13485 certified and collaborates with prominent medical device and pharmaceutical OEMs, as well as technology companies. With a comprehensive services and solutions portfolio, Tata Elxsi adds value at every stage of the customer's product development lifecycle. Recognised as a leader in technology consulting, new product design, development, verification & validation, as well as regulatory compliance services, Tata Elxsi is a trusted name in the industry. For more information, visit tataelxsi.com

GenAI Meets SDLC: Tata Elxsi Joins Forces with KAVIA AI to Automate Millions of Lines of Code

Tata Elxsi, a global design and technology services company, today announced a strategic partnership with KAVIA AI, San Francisco based software 3.0 AI-powered platform, redefining software development with enterprise grade AI. Built to handle millions of lines of code and complex backend systems, KAVIA AI automates the entire development lifecycle, from planning and architecture to development, quality assurance, deployment and maintenance.

This collaboration will deploy GenAI-assisted automation across Tata Elxsi’s internal platforms and customer-facing programs, aiming to transform software quality and time-to-market. This joint go-to-market will deliver the power of GenAI for Software Development Lifecycle (SDLC) to enterprises across transportation, media, communications, and healthcare where engineering reliability is paramount.

By combining Tata Elxsi’s deep expertise in domain-led engineering from concept to deployment, with KAVIA AI’s cloud-native Workflow Manager Platform, the partnership will enable intelligent automation across every key phase of the SDLC—from requirement planning and architecture design to code creation, testing and deployment.

Nitin Pai, Chief Strategy Officer at Tata Elxsi, said, “GenAI adoption demands more than tools—it requires a trusted partner to pilot, productise and scale development and deployment workflows. Tata Elxsi brings that trust, backed by 25+ years of proprietary expertise in software engineering across complex, regulated industries, and a deep understanding of deploying GenAI with the appropriate industry-specific guardrails. We deliver not just AI automation, but real outcomes that go beyond just efficiency to effectiveness and the ‘shift left’ paradigm that enterprises need to scale GenAI in mission-critical environments.”

Labeeb Ismail, CEO of KAVIA AI, said, “We’re excited to partner with Tata Elxsi, a company that brings the scale, credibility and delivery discipline needed to realise real-world AI adoption in large-scale delivery environments. Our platform is built to be enterprise-ready, and Tata Elxsi’s proven delivery record ensures this technology delivers real outcomes to customers.”

Early deployments are already underway across multiple programs, including SaaS platforms, middleware, embedded systems and device development. These early outcomes validate the potential of GenAI-powered SDLC automation—accelerating software delivery without compromising on quality or compliance.

Tata Elxsi and Infineon Partner to Accelerate EV Innovation in India

Collaboration focuses on ready-to-deploy EV systems built on Infineon technologies for two-wheelers (2W), three-wheelers (3W), passenger vehicles (PV), and commercial vehicles (CV)

Tata Elxsi, a global leader in design and technology services, and Infineon Technologies, a global leader in semiconductor solutions, have signed a Memorandum of Understanding (MoU) to jointly develop application-ready EV solutions tailored to the Indian market.

This strategic collaboration aligns with India’s rapid shift towards electrification, with EV sales growing by 25–30% year-on-year in 2024, including a 28% increase in electric two- and three-wheeler sales.

The partnership strategically leverages design and integration expertise, enabling faster adoption of automotive-grade, cost-optimised, and safety-compliant subsystems across key mobility segments. It addresses critical safety requirements such as ASIL-D (Automotive Safety Integrity Level D) compliance, as per ISO 26262 (Functional Safety of Road Vehicles) standards.

Tata Elxsi brings its design, system integration, and validation capabilities, while Infineon will provide early access to its latest semiconductor technologies—such as silicon carbide (SiC)-based components, microcontrollers, and integrated circuits (ICs).

Through this collaboration, Tata Elxsi and Infineon will work closely to develop high-voltage inverters for traction and auxiliary systems, scalable battery management systems (BMS), bi-directional onboard chargers, and high-voltage thermal management solutions for the Indian market. This will serve India’s fast-evolving 2W, 3W, PV, and CV segments, with future pathways to address eVTOL, energy, and off-highway sectors.

“Currently, several of our EV solutions are already built on Infineon SoCs and components. This MoU further strengthens our partnership by giving us a clearer scope and tighter system-level alignment, enabling shorter turnaround times to address Indian market requirements. As EV adoption scales, our focus remains on delivering production-ready, automotive standards-compliant platforms and solutions,” said Nambi Ganesh, Head of Automotive, Tata Elxsi.

“At Infineon, we are committed to driving innovation in the electric vehicle sector and empowering our partners to bring cutting-edge technologies to market. This partnership with Tata Elxsi is a significant step in our journey to support India’s ambitious electrification goals. By combining Tata Elxsi's design and integration expertise with our advanced semiconductor solutions, we are not only enhancing the development of ready-to-deploy EV systems but also ensuring that they meet the highest safety and performance standards. Together, we aim to accelerate the adoption of electric mobility across various segments, from two-wheelers to commercial vehicles, and contribute to a more sustainable future for India,” said Kenneth Lim, Senior Vice President, Automotive, Infineon Technologies Asia Pacific.

This initiative supports national targets outlined by NITI Aayog, including 80% electrification of 2W and 3W and 70% of CVs by 2030.

Tata Elxsi is among the world’s leading providers of design and technology services across industries including automotive, broadcast, communications, healthcare, and transportation. Tata Elxsi works with leading OEMs and suppliers in the automotive and transportation industries for R&D, design, and product engineering services from architecture to launch and beyond.

It brings together domain experience across autonomous, electric, connected vehicle technologies, and software-defined vehicles (SDVs), supported by a worldwide network of design studios, development centres, and a global talent pool of over 13,000 engineers and specialists. For more information, please visit: www.tataelxsi.com/industries/automotive

About Infineon

Infineon is a global semiconductor leader in power systems and IoT. Infineon drives decarbonization and digitalization with its products and solutions. The Company had around 58,060 employees worldwide (end of September 2024) and generated revenue of about €15 billion in the 2024 fiscal year (ending 30 September). Infineon is listed on the Frankfurt Stock Exchange (ticker symbol: IFX) and in the USA on the OTCQX International over-the-counter market (ticker symbol: IFNNY).

ECOSEP and Tata Elxsi Announce Strategic Partnership to Transform Sports Medicine through AI

European College of Sport and Exercise Physicians (ECOSEP) and Tata Elxsi have announced a strategic partnership that aims to revolutionise the field of sports and exercise medicine through combining the research excellence and clinical expertise of ECOSEP with Tata Elxsi’s AI- and machine learning–driven healthcare solutions and technology capabilities.

The partnership will focus on applying artificial intelligence technologies in areas such as advanced diagnostic tools, personalised treatment plans, predictive analytics for injury prevention, and real-time monitoring of athletes' physical conditions.

This innovative collaboration was initiated by Dr. Pakravan, Vice Chair of ECOSEP, and facilitated by Dr. Malliaropoulos, General Secretary. Speaking on behalf of ECOSEP, Prof. Nicola Maffulli, President, stated: “These are exciting times for how technology and medical science can be brought together to transform personalised care in sports. The long-term vision of Tata Elxsi marries with the aim of ECOSEP to develop and maintain 360° care for athletes and physically active individuals. With the power of Tata Elxsi, ECOSEP shall develop comprehensive packages of care which will help to optimise performance and health. This is a unique opportunity for mutual collaboration, marrying disciplines only apparently different, and allowing close interaction of professionals.”

Anup SS, Practice Head – AI and Machine Learning at Tata Elxsi, added: “This collaboration with ECOSEP represents an exciting opportunity to apply AI in ways that directly impact athlete health and performance. By combining clinical insight with advanced data science, we aim to co-create intelligent tools that support early diagnosis, enable real-time decision-making, and personalise care for every athlete. Together, we’re paving the way for a new era in sports medicine—one that is smarter, faster, and more human-centric.”

The collaboration serves as a stepping stone for future interdisciplinary partnerships aimed at expanding the use of AI in sports and musculoskeletal medicine, and both organisations are committed to advancing the field through research, clinical trials, and the development of AI-driven tools that offer athletes and healthcare providers ground-breaking solutions to achieve optimal outcomes.

Tata Elxsi will join the 9th ECOSEP Congress in Düsseldorf in November 2025 to engage with the clinical community, share early insights, and explore opportunities for collaborative research and innovation.

Tata Elxsi Wins €50 Mn Strategic Engineering Deal with Leading European Automotive OEM

Tata Elxsi (BSE: 500408), a global leader in design and technology services, announced a strategic multi-year deal valued at €50 million with a leading European headquartered automotive OEM. This strategic deal positions Tata Elxsi as a key engineering partner for platform and application development across SDV, electrification, body, and chassis domains.

As part of this collaboration, Tata Elxsi will establish a dedicated Global Engineering Centre to support the customer’s software platform roadmap and brand aligned software engineering programs. This centre will serve as a hub for developing a unified technology stack encompassing a proprietary operating system, electronic architecture and automotive cloud. Together, these will power advanced in-vehicle capabilities, seamless connectivity, and software upgradability across brands and product lines.

Tata Elxsi was chosen for its deep domain expertise across automotive domains including electrification, body & chassis, infotainment, and cybersecurity, backed by a proven track record in automotive software and managing high-performance global delivery hubs for leading OEMs and Tier-1s. The company’s ability to align engineering programs with customer’s product and software roadmaps ensures global delivery excellence, scalability, and outcomes across the product development lifecycle.

Recently, Tata Elxsi launched AVENIR™, a cloud-agnostic SDV development and validation framework designed to enable modular software engineering, streamline platform integration, and support cloud-native development alongside edge deployment. This is further augmented by its portfolio of solutions such as the AUTONOMAI ADAS suite, TETHER Connected Vehicle platform, MOBIUS+ digital product passport, and state-of-the-art labs and Mobility Innovation Centres across Connected, Autonomous, Software Defined and Electric domains. These investments reflect Tata Elxsi’s commitment to platform-first engineering and equiping customers with the tools and infrastructure needed to scale SDV programs and ensure software consistency across vehicle platforms.

Manoj Raghavan, CEO & Managing Director, Tata Elxsi, commented: “We are delighted to partner with one of the world’s leading automotive and mobility providers, playing a key role in their journey towards scalable, software-led mobility. This engagement marks a significant step in our strategy to enable next-generation mobility through platform-centric, software-led engineering. It reflects the trust placed in Tata Elxsi’s ability to deliver global programs with precision, scalability, and shared accountability. As our customer advances their software-defined vehicle vision, we are happy to be a long-term strategic partner in translating that vision into reality.”

This engagement reflects Tata Elxsi’s broader strategy to lead in the convergence of design, digital, and engineering for the next era of mobility. The company works with leading global OEMs and Tier-1s with solutions that span connected platforms, electrified architectures, autonomous features, and sustainable vehicle development.

About Tata Elxsi

Tata Elxsi is among the world’s leading providers of design and technology services across industries including automotive, broadcast, communications, healthcare, and transportation. Headquartered in Bangalore and part of the Tata group, Tata Elxsi works with leading OEMs and suppliers in the automotive and transportation industries for R&D, design, and product engineering services from architecture to launch and beyond.

It brings together domain experience across autonomous, electric, connected vehicle technologies, and software-defined vehicles (SDV), supported by a worldwide network of design studios and development centres. For more information, please visit www.tataelxsi.com.

Tata Elxsi and Minespider Launch MOBIUS+ A Blockchain-powered Battery Lifecycle Management Platform

Tata Elxsi and Germany-based Minespider have partnered to launch MOBIUS+, an advanced battery lifecycle management platform. This platform leverages blockchain technology to ensure traceability and sustainability in the battery industry.

Designed to address the growing need for sustainability, compliance, and performance optimization in the battery industry, MOBIUS+ aims to revolutionize the way batteries are managed from production to recycling.

Here are some key points about MOBIUS+:

Sustainability and Compliance: MOBIUS+ aims to optimize battery sustainability and compliance across global markets. It complies with evolving global battery passport regulatory mandates, such as the EU Battery Passport and the US Inflation Reduction Act.

Advanced Analytics: The platform integrates advanced data analytics and real-time monitoring to provide actionable insights for Original Equipment Manufacturers (OEMs) and the entire battery ecosystem.

Cost Savings and Emission Reduction: Battery passports are expected to deliver 10-20% cost savings in recycling and maintenance through predictive insights and advanced analytics. They also aim to reduce emissions across the battery lifecycle by up to 20%.

Seamless Integration: MOBIUS+ offers a seamless interface for vendors to upload and manage their data, ensuring compliance and accuracy across the supply.

This collaboration is a significant step towards creating a more transparent and sustainable battery industry.

Anil Radhakrishnan, Chief Product Officer, Tata Elxsi, said:

Our collaboration with Minespider is a commitment to drive innovation in sustainable mobility. With MOBIUS+, we aim to set a new benchmark for battery lifecycle management, providing customers with compliance-ready solutions, advanced tools, and data-driven insights to create a more sustainable and transparent future in mobility.

“Partnering with Tata Elxsi enables us to bring our blockchain expertise to a comprehensive platform that supports the industry’s drive for transparency and compliance,” said Nathan Williams, Founder & CEO, Minespider. “By embedding battery passports into MOBIUS+, we’re providing a foundation for secure, reliable data that supports global sustainability goals.”

SUZUKI-TATA ELXSI Offshore Development Center Opens in Pune

Suzuki Motor Corporation, a Japanese multinational mobility manufacturer, and Tata Elxsi, a global leader in design and technology services, on Monday, inaugurated the ‘SUZUKI-TATA ELXSI Offshore Development Center’ in Pune, India. This dedicated center will drive Suzuki’s innovations in advanced engineering, shaping the future of mobility.

Tata Elxsi will support Suzuki in its green mobility vision by aligning with Suzuki’s goals for sustainable innovation in lightweight design, safety, styling and engineering, eco-friendly materials, and advanced simulations to improve time-to-market. The partnership will also focus on next-generation powertrains and software-defined vehicles, fostering energy-efficient solutions for electric, hybrid, and alternative fuel vehicles.

At the inauguration, Suzuki’s Chief Technology Officer, Katsuhiro Kato, highlighted the importance of the center as a core component of Suzuki’s innovation strategy. “As the industry progresses in Connected, Autonomous, Shared, and Electric technologies, Suzuki must accelerate electronic and virtual development to meet evolving demands.

Tata Elxsi’s expertise in advanced computing, simulation, and design digital makes them an ideal partner in bringing forward-thinking solutions to market. This strategic and long-term partnership incorporates Suzuki’s endeavor of minimising energy and enables India’s talent to actively contribute to our development efforts globally,” said Mr. Kato.

Manoj Raghavan, MD & CEO of Tata Elxsi, shared, “The inauguration of SUZUKI-TATA ELXSI Offshore Development Center marks a significant milestone in our partnership with Suzuki and our shared vision for the future of mobility. Tata Elxsi’s design-led, digital-first approach is uniquely positioned to support Suzuki’s energy minimisation and sustainability goals, advancing the future of automotive engineering with precision and responsibility. We are delighted to support Suzuki in this journey towards transformative automotive engineering.”

Tata Elxsi Launches XR Platform 'Coalesce' Powered by Qualcomm's Snapdragon Spaces XR Platform

Tata Elxsi recently launched Coalesce, an innovative XR platform powered by the Snapdragon Spaces XR Platform from Qualcomm Technologies Inc.

An Immersive Collaboration, Coalesce facilitates immersive collaboration by bringing together spatial computing, digital twins, and simulations.

The Snapdragon Spaces XR Platform is an integrated platform and ecosystem developed by Qualcomm Technologies Inc. for creating immersive experiences on XR (Extended Reality) devices. The platform enables spatial computing experiences, allowing users to interact with digital content in a 3D space. It supports a wide range of XR devices, including VR (Virtual Reality), AR (Augmented Reality), and MR (Mixed Reality) headsets.

Coalesce, the newly launched platform, supports reviews of product models, allowing teams to interact with 3D models in a virtual environment. It includes features for sharing text, audio comments, notes, and screen recordings with globally dispersed teams.

Coalesce offers a 360-degree review for immersive interaction, enhancing the collaborative experience.The platform is device-agnostic and web-based, making it accessible across various XR devices.

This solution is designed to help businesses create transformative spatial computing experiences, making remote collaboration more efficient and engaging.

Aditya S Chikodi, Vice President & Head - Industrial Design, Engineering, & XR, said, “Product design and engineering are taking a leap forward with augmented virtual reality and spatial computing. Coalesce introduces a revolutionary approach to digital twins and performance simulation, pushing the boundaries of XR in the product development process.”

Per Neilson, Senior Director, Product Management at Qualcomm Technologies, Inc., added, “Tata Elxsi is working to bring the Coalesce platform to market, empowering industries and executive workforce to collaborate and make real-time decisions in product design and enterprise simulated environments. We are excited to see this platform brought to Snapdragon Spaces.”

Tata Elxsi Inks MoU with Japan's Nidec to Enhance Its Software Development Capability

Nidec Corporation (formerly known as Nippon Densan Corporation), the Japanese manufacturer and distributor of electric motors, has recently executed a memorandum of understanding (MOU) with India's Tata Elxsi Ltd. The MOU, signed on July 22, 2024, aims to enhance Nidec's software development capability.

Tata Elxsi, a design and technology service provider, will contribute its know-how and resources to accelerate Nidec's group-wide software development efforts. Additionally, the collaboration intends to develop software programs for India and other markets while supporting the establishment of a global business base for Nidec's software development in the future.

Tata Elxsi, part of the Tata Group, specializes in design, technology development, system integration, and software services across various industries, including automotive, healthcare, and telecommunications. Nidec, a comprehensive motor manufacturer, continues to innovate and provide efficient products worldwide.

Nidec Corporation, formerly known as Nippon Densan Corporation, is a Japanese manufacturer and distributor of electric motors. Their products are widely used in various applications, including hard-disk drives, electric appliances, automobiles, and commercial and manufacturing equipment. The company has the largest global market share for the tiny spindle motors that power hard-disk drives.

The execution of the MOU aims to enable Nidec to utilize Tata Elxsi’s knowhow and resources to accelerate Nidec’s group-wide enhancement of its software development capability. Tata Elxsi’s technologies are adopted in autonomous driving and other types of advanced driver assistance systems, electrification, connected car solutions, and other automobile engineering-related services.

In India, Nidec is Nidec India Private Limited and operates a factory in Neemrana, Rajasthan, where it manufactures and sells various types of motors.

Nidec India recently expanded its factory to include a second building. This new facility focuses on manufacturing drive motors for electric bikes (e-bikes) with an output of 30 kW or less.

Tata Elxsi and Red Hat Collaborate for 5G Network Monetization for Telcos

Tata Elxsi, a global engineering and design services company, has joined forces with Red Hat, a leading provider of enterprise open-source solutions, to enhance network monetization for telecom companies and enterprises.

The collaboration aims to simplify operations in 5G networks by creating a use case factory. This factory will assist global operators in monetizing their networks through industry-specific 5G applications across various sectors such as transportation, manufacturing, and healthcare. For instance, as the automotive industry increasingly adopts software-defined vehicles (SDV), there is a growing demand for real-time, secure over-the-air (OTA) updates and containerized services via 5G networks.

The collaboration enables telcos to address these needs using Tata Elxsi's connected vehicle platform (TETHER), network automation platform (NEURON), Red Hat OpenShift (powered by Kubernetes), and Red Hat In-Vehicle Operating System. This integrated solution allows original equipment manufacturers (OEMs) to deploy subscription-based services and platforms for connected vehicles with advanced fleet management features and real-time OTA capabilities.

By harnessing the synergy between Tata Elxsi NEURON and Red Hat OpenShift, telcos can achieve seamless automation, cloud integration, service orchestration, and robust assurance, leading to substantial operational expenditure reduction and enhanced efficiency in the telecom industry.

NEURON, Tata Elxsi’s award winning solution, streamlines the lifecycle management of network elements, offers end-to-end orchestration for network deployments, leverages AI-powered observability for proactive monitoring, and automates tasks for streamlined and secure network operations.

Vivek Tiwary, Vice President and Head of Telco 5G Business Tata Elxsi said “As we enter the era of 5G in automotive, healthcare, and Industry 4.0, telcos are at the forefront, crafting customer-centric services and embracing new technologies. This shift demands a move towards cloudification, multi-cloud adoption, intelligent cognitive network operations and automation. We are delighted to enable this transition alongside Red Hat, driving Telco 5G Multi Cloud Automation and edge intelligence to provide our clients with unique services.”

"Collaborating with Tata Elxsi, we are excited to leverage Red Hat OpenShift to provide telcos with enhanced monetization opportunities. This work is a testament to our commitment to delivering innovative solutions that drive growth and efficiency in the telecom sector." Mark Longwell, director, telco and edge alliances, Red Hat. 

Tata Elxsi Collaborates with Arm to Accelerate the Software-Defined Vehicle Journey for OEMs

Tata Elxsi has collaborated with Arm, the global semiconductor design and software platform company, to offer advanced solutions on the latest Arm® processors, which will help Automotive OEMs and Tier-1s fast track their transition to software-defined vehicles (SDVs).

Automotive architectures are evolving from a distributed and domain-based paradigm to SDV, which includes the use of high-performance computing (HPC). This evolution requires a strategic shift in software development, validation, and deployment philosophies.

To recall, last month Tata Technologies inked an agreement, with BMW Group, to form a Joint Venture (JV) that will focus on strategic software development, including solutions for software-defined vehicles (SDV).

Going back to the Tata-Arm collaboration, Tata Elxsi brings its extensive portfolio of SDV solutions through Tata Elxsi AVENIR, a SOAFEE-based software suite that enables the development, integration, building, testing, and deployment of applications entirely on the cloud with ease for OEMs and suppliers.

By collaborating with Arm, Tata Elxsi will make this software suite available on the latest Arm® Automotive Enhanced (AE) technology that will power the high-performance requirements of next-generation vehicles.

Tata Elxsi AVENIR includes a cloud-native development and validation environment, that enables seamless collaboration to develop and validate SDV functionalities, a Connected Digital Twin Framework, which enables easier adoption and management of digital twins and a pre-integrated subscription management software. This allows end users to subscribe to automotive features on demand.

“The automotive industry is being transformed by a massive increase in software and AI that demands more computing within the efficiency and safety constraints of the vehicle,” said Suraj Gajendra, vice president of products and solutions, Automotive Line of Business, Arm. “By bringing together its SDV solutions with Arm’s latest AE technology, Tata Elxsi is leveraging Arm’s efficient performance and safety leadership to accelerate software development cycles for next-generation vehicles.”

“Intelligent vehicles of the future will be powered by SDV, Data and AI, and it is critical that technology companies collaborate to overcome the growing complexities. We are committed to working with Arm to make Tata Elxsi AVENIR available on the latest generation of Arm cores, which will power future HPCs for SDV while fostering innovation and unlocking the benefits of scale.” said Shaju S, Vice President & Head, Transportation Business.

Tata Elxsi AVENIR integrated on Arm processors will provide automakers with a proven and ready-to-integrate SDV framework and modular software components that work seamlessly across Arm-based high-performance computing architectures and chips. This integration accelerates the “shift-left” in SDV development and validation processes, helping drastically cut down time-to-market and development risks.

In automotive software arena, other global companies that made news are — Infosys, which announced the acquisition of in-tech, to enhance its service offerings in the software-defined vehicles (SDVs) domain. Prior to that, and Wipro, which teamed up with General Motors (GM) and global automotive supplier Magna, to develop a B2B sales platform, called SDVerse, for buying and selling automotive software.

Tata Elxsi Delivers 13% Revenue Growth in FY24; Declares 700% Dividend (Rs. 70/Share)

Declares 700% dividend (Rs. 70 per share)

Full-year PBT crosses Rs. 1,000 Cr for the first time

Growth led by Transportation at 24.6% year-on-year

Tata Elxsi (BSE: 500408 | NSE: TATAELXSI), amongst the world’s leading providers of design led technology services, announced its fourth quarter results for the period ending 31st March 2024.

Highlights of the Year Ended 31st March 2024

• Revenues from operations at Rs. 3,552.1 Cr, + 13.0% YoY
• EBITDA Margin at 29.5%, PBT margin at 28.5%
• Profit before Tax (PBT) grows 11.9% to Rs. 1048.7 Cr
• Software Development and Services (SDS) grew by 9.3% YoY, in constant currency.
• System Integration & Support (SIS) grew by 18.6% YoY, in constant currency.

Highlights of the Quarter Ended March 31, 2024

• Revenues from operations at Rs. 905.9 Cr, - 0.9% QoQ, + 8.1% YoY
• Operating revenue growth -0.6% QoQ and +7.2% YoY on constant currency basis
• EBITDA Margin at 28.8%; PBT at 27.9%
• Profit Before Tax (PBT) at Rs. 262.4 Cr, +4.9% YoY

Industry Highlights for the Year Ended March 31, 2024

• Transportation continues to grow strongly, registering a revenue growth of 24.6% YoY, supported by deal wins in Electric, Software Defined Vehicles and OEMs
• Healthcare delivered sustained growth of 10.8% YoY
• Media and Communications grew 0.2% YoY in a challenging business environment for this industry

Dividend related announcement:

The Board of Directors have recommended a final dividend of 700% (Rs. 70 per equity share of par value of Rs. 10 each) for the financial year ending 31st March 2024, subject to approval by the shareholders of the company at the Annual General Meeting.

Mr. Manoj Raghavan, CEO and Managing Director, Tata Elxsi, commenting on the company’s performance in the financial year 2023-24, said:

“Financial year 2024 has been a year of consistent operational performance with a revenue growth of 13% despite global macroeconomic uncertainties, and volatility in the media and communications industry over the last few quarters. We have done well to maintain industry leading EBITDA margin at 29.5% for the year, even while we continued to invest in expanding our talent base through all four quarters, with a net addition of 1535 Elxsians through the year.

We had laid down a strategy of integrating our design business deeply with our key industry verticals, complementing our software and digital business with a design-led proposition. This is now complete, with a seamless end-to-end proposition from ideation to market introduction. This is enhancing our competitive differentiation, providing early visibility into customer product roadmaps, and creating larger downstream development deals. Starting with this quarter, we are reporting this integrated view of design-digital in all three verticals, under the Software Development and Services (SDS) segment.

During the financial year, our transportation business grew strongly at 24.6% YoY, and now accounts for 49.9% of our overall SDS revenues. OEMs now constitute over 56% of the transportation business, and we are now embedded into the SDV programs of 5 global OEMs. I am especially delighted with the SDV program with a global OEM we won this quarter, and the German Design Award 2024 for our work on automotive HMI, which demonstrates the world-class design-led proposition we offer to customers.

The Healthcare & Lifesciences business registered a growth of 10.8% YoY. We have established a strong foundation for continued growth, with the addition of 5 marquee customer logos in the year and expanded capabilities and platforms in new growth areas such as digital therapeutics and connected health. The Offshore Development Centre for Innovation and R&D we announced in March 2024 for Dräger Medical, the German-headquartered leader in critical care and safety equipment, demonstrates the relevance of our technology and design expertise and deep domain capabilities for next-generation healthcare.

Our Media & Communications business grew 0.2% during the financial year. While this quarter saw a one-off impact of a deal ramp-down with a customer due to a merger, we have done well through the year to protect business, add marquee customers and increase wallet share with key customers. Even while the industry continues to experience significant reductions in discretionary spend and R&D budgets, we are placed well with our integrated design-digital offerings and investments in platforms for the future.

Our Systems Integration and Support (SIS) Business is pivoting to value-added services, innovation-led projects such as experience centres, and supporting downstream deployment and run management for our products and platforms. While Q4 revenues and growth was impacted by hardware shipment delays due to the Red Sea shipping crisis, it grew creditably by 19.0% in FY24, getting to a near 100 Crores business in this financial year.

We are transforming our customer base across industries, with a significant shift towards OEMs in the automotive industry, and operators in the media and telecom industry, while we continue to invest in deepening our key customer relationships. This is reflected in the strong growth in our Top 10 and Top 25 customers across the company.

We are continuing to invest ahead in building our talent pipeline and are expanding our presence across locations in India and overseas. Our employee retention continues to be the best amongst our peers and the industry at large.

Even as we step into the new financial year, we are pleased to announce two new members to the board. Mr. Soumitra Bhattacharya has had an illustrious corporate career, especially in the automotive industry with over 28 years with the Bosch group. He serves as Chairman of Bosch Limited, and is the Director for IFQM - an industry-led initiative focused on Quality, Excellence, and Innovation. Ms. Ashu Suyash is a highly respected leader and served as MD and CEO of CRISIL, among leadership roles across many leading institutions. She has recently set up Colossa Ventures, an investment ecosystem for women entrepreneurs, and is an Independent Director on a few Boards including Hindustan Unilever. We look forward to leveraging the rich experience and network, industry knowledge and strategic inputs from our new directors.

I am pleased with our overall performance and resilience in revenues, margins, and customer additions through the year, in a volatile macroeconomic environment.

We are entering the new financial year with a commitment for growth, and the continued confidence in our differentiated design-led engineering capabilities. This is backed by strategic relationships we have built over years with key customers, the qualitative change in revenues towards OEMs and SDV programs, entries into new operators and marquee healthcare logos, investments in strategic technology areas and AI, and the strong deal pipeline we carry into the new financial year.”

German MedTech Firm Dräger Establish ODC at Tata Elxsi's Pune Facility

Tata Elxsi and Dräger, a global leader in medical and safety technology, have announced an innovative partnership to drive critical care innovation in India.

As part of this collaboration, Dräger is expanding its research and development presence by establishing a new Offshore Development Center (ODC) at Tata Elxsi's facility in Pune.

The ODC will focus on developing innovative critical care medical devices for both local and international markets. This partnership combines Tata Elxsi's design and technology expertise with Dräger's expertise in medical and safety technology.

The development center will unite talent from both organizations, dedicated to designing and developing innovative critical care medical devices for deployment in the Operation Theatre (OT) environment worldwide. The ODC provides a comprehensive critical care equipment testing facility, equipped with medical-grade gases, compressors, and oxygen cylinders to create a test environment that meets the demanding requirements of the OT setup.

This collaboration aims to push the boundaries of medical innovation, adhering to the highest safety and efficacy standards for critical care settings. It showcases Indian R&D capabilities on the global stage and marks Dräger's second R&D center in India. The partnership underscores the strategic importance of India as an R&D hub and sets new standards in critical care equipment development.

Dräger is a German company based in Lübeck that specializes in breathing and protection equipment, gas detection and analysis systems, and non-invasive patient monitoring technologies. Their products are used by hospitals, fire departments, and diving companies worldwide.

Founded in 1889, Dräger has grown into a global enterprise with over 16,000 employees and a presence in more than 190 countries. In 2023, the company generated net sales of approximately EUR 3.4 billion. Their commitment to safety and innovation makes them a significant player in critical care technology.

Tata Elxsi's Healthcare & Life Sciences practice is ISO 13485 certified and collaborates with prominent medical device and pharmaceutical OEMs, as well as technology companies. With a comprehensive services and solutions portfolio, Tata Elxsi adds value at every stage of the customer's product development lifecycle.

 

IIT Madras Unveils NeoStand, A Customizable Electric Standing Wheelchair Made with Indigenous Technology

IIT Madras Develops India’s Most Customizable, Indigenously-Developed Electric Standing Wheelchair

The project was sponsored by Tata Elxsi under its CSR initiative

On Wednesday, the Indian Institute of Technology Madras (IIT Madras) launched the NeoStand — an electric standing wheelchair that's customizable and made with indigenous technology. The wheelchair is designed to help users sit for long periods of time and then stand comfortably, reducing the risk of secondary health issues.

This electric wheelchair allows users to stop at intermediate positions using a switch, which can help with therapeutic aspects. For example, a caregiver or therapist can help the user practice standing gradually.

Launched at the IIT Madras campus on 20th March 2024 in the presence of Prof. V. Kamakoti, Director, IIT Madras, NeoStand is India’s most customizable Electric Standing Wheelchair, and has been developed indigenously to enhance the quality of life for wheelchair users.

At the touch of a button, wheelchair users can effortlessly transition from sitting to standing, opening a world of possibilities - be it engaging in eye-level conversations, reaching for a book, or simply enjoying a cup of coffee standing by a counter.

NeoStand 

Key features of the NeoStand:

1. Customizability: NeoStand is designed to be highly customizable, catering to the specific needs of individual users. This adaptability ensures that it can accommodate a wide range of requirements.

2. Motorized Standing Mechanism: With the touch of a button, wheelchair users can seamlessly transition from a sitting position to standing. This functionality opens up new possibilities, such as engaging in eye-level conversations, reaching for objects, or enjoying a cup of coffee while standing at a counter.

3. Compact Design: NeoStand's compactness allows easy maneuverability even in tight spaces, enhancing accessibility for users.

4. Health Benefits: By providing the freedom to sit for prolonged hours and stand comfortably when needed, NeoStand reduces the risk of secondary health complications associated with prolonged sitting.

5. Innovative Approach: The wheelchair offers a seamless transition between sitting and standing, with the option to pause midway. This approach underscores its commitment to improving users’ quality of life and social participation.

 

Mr. Justin Jesudas using NeoStand

Justin Jesudas, who has had quadriplegia for 14 years, says that the ability to stand with the push of a button makes the wheelchair more inclusive and helps quadriplegics stand independently.

The journey of NeoStand from concept to reality was supported by a collaborative ecosystem. The project was sponsored by Tata Elxsi under its corporate social responsibility initiative. The development and design were spearheaded by the TTK Center for Rehabilitation Research and Device Development (R2D2) at IIT Madras and NeoMotion, which took the lead in bringing this product to the marketplace.

The project development was led by Prof. Sujatha Srinivasan, Head, TTK Center for Rehabilitation Research and Device Development (R2D2), IIT Madras, who also led the development of ‘Arise,’ India’s first manual standing wheelchair, and NeoBolt, the country’s first motorized add-on for wheelchairs. This device has been commercialized and is being taken to the market through NeoMotion, an IIT Madras-incubated start-up.

For the majority of wheelchair users across the globe, the ability to stand is far-fetched. Standing is essential for better blood circulation, and digestion, preventing health issues like pressure sores and crucial for daily activities. Currently, users are often dependent on external help and some need to use orthoses. For persons with severe disabilities who have compromised upper body strength, this is a significant challenge, and a manual standing wheelchair is inadequate.

This groundbreaking initiative demonstrates the impact of translational research guided by IIT Madras faculty. NeoStand redefines the wheelchair experience, emphasizing user-centric design and empowering individuals with mobility challenges. As we navigate the complexities of accessibility and societal attitudes, let us recognize that advancements in assistive technology are not only technological imperatives but also moral imperatives.

Tata Elxsi and Telefónica Collaborate to Achieve True Cloud-Native Infrastructure Management, Revolutionizing Telecommunications Landscape

Tata Elxsi and Spanish multinational telecommunications company, Telefónica, have just announced a groundbreaking achievement in the realm of the automation of cloud infrastructure for telecommunications, with the successful implementation of true cloud-native infrastructure management powered by ETSI Open Source MANO (ETSI OSM). This milestone represents a significant evolution in network management, enabling operators to build intent-driven network systems with unprecedented efficiency and agility.

Through this collaboration, Tata Elxsi and Telefónica have enhanced the capabilities of OSM, introducing innovative features such as infrastructure automation, serverless operations execution environments, and the deployment of multi-cloud Platform-as-a-Service (PaaS) solutions. These advancements mark a new phase in the evolution of Telco Cloud technologies and signify a commitment to driving digital transformation across the telecommunications industry.

The integration of OSM with Tata Elxsi's award-winning NEURON platform represents a pivotal moment in multi-domain transformation towards autonomous network systems. NEURON's business intent-driven functionalities, coupled with OSM's platform, provide operators with unparalleled control and flexibility in managing complex infrastructures.

"In our collaboration with Tata Elxsi, our objective is to advance the boundaries of technology and standardization, propelling operators towards cloud-native agility," emphasized Francisco-Javier Ramón, Multicloud Tools Manager in gCTIO Unit at Telefónica.

"We are thrilled to partner with Telefónica to revolutionize the orchestration landscape," commented B. Ramesh Ramanathan, Principal Architect, CTO Office at Tata Elxsi. "This collaboration enhances our presence within the open-source community and propels NEURON towards the realm of 5G and beyond and autonomous networks."

The strategic collaboration between Tata Elxsi and Telefónica sets the stage for future advancements in Telco Cloud technology, paving the way for cutting-edge solutions that address the evolving needs of the telecommunications industry. Powered by OSM, NEURON now possesses the capability to seamlessly integrate infrastructure, services, security, networking, and configuration into a unified, intent-driven deployment.

Please visit MWC Hall 2 2A53MR to see the joint demonstration by Telefónica and Tata Elxsi

About Tata Elxsi:

Tata Elxsi is a global design and technology services company that blends technology, creativity, and engineering to help customers transform ideas into world-class products and solutions. With expertise in industries such as automotive, broadcast, communications, healthcare, and more, Tata Elxsi is committed to driving innovation and delivering value to its clients worldwide.

About Telefónica:

Telefonica is a leading telecommunications company operating in Europe and Latin America. With a presence in over 15 countries and a customer base exceeding 350 million, Telefonica is committed to providing cutting-edge solutions and services that enable individuals, businesses, and communities to connect and thrive in the digital world.

Tata Elxsi Unveils New Global Design and Engineering Center in Pune for Tech Transformation of Automotive OEMs

Tata Elxsi, amongst the world’s leading design and technology service providers, strategically expands its presence in Pune with the inauguration of a new Global Design and Engineering center in Sukhwani Business Hub, Chinchwad.

The new center is specifically tailored to cater to the technology and digital transformation priorities of key automotive OEMs and Tier 1 suppliers. It will house over 1000 engineers, designers and technology specialists, and advanced labs to spearhead collaborative initiatives in engineering R&D across Software Defined Vehicles, Connected Services, Autonomous Technologies, Electrification, Mechatronics, and Design.

The launch of the new center was attended by Tata Elxsi’s key automotive customers and senior leaders. The center was inaugurated by Mr. Rajendra Petkar, President and CTO of Tata Motors.

Commenting on this occasion, Mr. Rajendra Petkar, President and CTO, Tata Motors said, “I congratulate Tata Elxsi for this new Design and Engineering Center launch at Sukhwani Business Hub, Pune. Tata Elxsi has been a strategic partner for Tata Motors for over two decades. We have collaborated with them across multiple programs spanning Connected Vehicles, Digital, AUTOSAR, ADAS, Electrification, Mechanical Design, and Engineering amongst others. This new center positions Tata Elxsi in proximity to our facility in Pune, fostering high levels of collaboration on upcoming technologies in the automotive sector.”

Manoj Raghavan, MD and CEO, Tata Elxsi said, “Pune has always been a key talent hub for automotive technologies and manufacturing. The center further diversifies and deepens our talent base to support the growth of our automotive business and underscores our commitment to the automotive sector and our key customers in propelling the technology transformation in software, design, and digital.”

Earlier in October last year, Tata Motors unveiled two state-of-the-art & new-age R&D facilities for meeting its mission of offering sustainable mobility solutions. The auto major also announced that it will indigenously develop Hydrogen-fuelled, zero-emission propulsion systems at its R&D centre in Pune. 

About Tata Elxsi:

Tata Elxsi is among the world’s leading design and technology services providers across industries, including Automotive, Broadcast, Communications, Healthcare, and Transportation.

We are helping customers reimagine their products and services through design thinking and applying digital technologies such as IoT (Internet of Things), Cloud, Mobility, Virtual Reality, and Artificial Intelligence. For more information, visit www.tataelxsi.com.

Tata Elxsi's NEURON Autonomous Network Platform paves the way for the world's largest telecom operators to progress towards Zero Touch Automation

Awarded Product of the Year at the Industry DevOps Awards 2023, London

Tata Elxsi, a global design and technology services leader, is revolutionizing the telecommunications industry with its Neuron Autonomous Network Platform. This groundbreaking solution powers the deployment and operation of the world's largest and most advanced 4G/5G and fixed networks, empowering operators to build business intent-driven networks.

The NEURON platform, comprising NEURON Telco Cloud and NEURON Dark NOC, extends DevOps principles and the power of AI/ML to construct autonomous cloud-native networks for operators. NEURON Telco Cloud streamlines the lifecycle management of network elements, while NEURON Dark NOC automates network operations.

The NEURON Autonomous Network Platform has been successfully deployed globally in multiple data centers, 10000+ VNFs / CNFs serving millions of subscribers.

NEURON seamlessly integrates with existing IT systems, legacy systems, and Operational Support Systems/Business Support Systems (OSS/BSS) while creating secure domain-isolated networks. This multi-domain, multi-cloud transformed network is open, easy to manage, and significantly lowers operational expenditures (OPEX).

These deployments have been tailor-made to address each customer's unique needs, pain points, and infrastructure requirements, ensuring optimal performance and efficiency across network architecture and brownfield systems. Tata Elxsi takes end-to-end program ownership, from commissioning to rollout, delivering a comprehensive solution to operators.

"Our NEURON Autonomous Network Platform represents a major milestone in the telecom industry, aligning with Tata Elxsi's vision of driving innovation and shaping the future of connectivity. It empowers operators to effectively deploy and operate the world's largest 4G / 5G networks while embracing the transformative power of automation and Artificial Intelligence (AI). By leveraging this groundbreaking solution, operators can significantly lower operational costs and deliver seamless, high-quality services at speed to their customers." said R. Rajagopalan, CTO at Tata Elxsi.

NEURON further supports operators in Private 5G deployments, facilitating the seamless delivery of use cases across various industries, including Connected and Software Defined Vehicles, Connected Healthcare, Smart Cities, and Smart Factories.

"As NEURON evolves, we collaborate with open-source and standardization organizations to enhance the convergence of IT and networking. Partnering with leading vendors, we develop standardized testing approaches to promote innovation and seamless integration. This, coupled with our support for Gen AI and Digital Twins within NEURON, empowers operators to embrace cloud-friendly practices and explore new avenues for revenue generation,’’ said B. Ramesh Ramanathan, Principal Architect at Tata Elxsi and OSM TSC member ETSI Rapporteur.

The Neuron platform is showcased at the Tata Elxsi booth No. 2.80, Hall 2 at the Indian Mobile Congress (IMC) in New Delhi, India, along with tailored solutions for Private 5G across Connected Cars, Smart Factories, Connected Healthcare and Smart Infrastructure.

About Tata Elxsi

Tata Elxsi is among the world’s leading design and technology services providers across industries, including Automotive, Broadcast, Communications, Healthcare and Transportation.

We are helping customers reimagine their products and services through design thinking and applying digital technologies such as IoT (Internet of Things), Cloud, Mobility, Virtual Reality and Artificial Intelligence. For more information, please visit www.tataelxsi.com

Tata Elxsi Invites Tech Startups For Its Newly Launch Incubation Program

Tata Elxsi, a leading global design and technology services company, is inviting startups having deep technology based product, platform, or solutions for Indian consumers in India to their Incub@TE program. The Tata Elxsi incub@TE program has been set up to foster entrepreneurial activities in the technology space. This enables the startups associated with the program to get better visibility and an association that brings trust in their target market.

The program will be for 9 months, providing a platform for startups and prospective entrepreneurs to convert their ideas into commercially viable businesses.

For these startups, incub@TE has tied up with 1Crowd to support funding needs and Nasscom 10K as ecosystem partner in order to further help these startups, foster entrepreneurial activities in the deep technology space. Tata Elxsi’s incub@TE will be able to take the startups’ ideas to the market by providing ready-to-use infrastructure, key technical consulting through in-house experts, mentorship, access to service providers, plug-n-play office and connections with people and organizations that matter.

Speaking on the development, Rajesh Kumar, Vice President - Strategic Initiatives, Tata Elxsi said, “Deep technology is a very futuristic concept, but is slowly taking lead in India, and globally. We, at Tata Elxsi, want to enhance this growth, and see many potential startups in the country that can help contribute to this progress. We look forward to onboarding some impactful startups working on deep technologies, and provide them with the right infrastructure and guidance, in order to help bring this development to the forefront.”

Relevant startups working on deep technology will have to present their ideas to the incub@TE team at Tata Elxsi, with information such as market validation, founders and key team member’s details, business offering along with target market, positioning, and current status.

Tata Elxsi, a part of the $ 100 billion Tata group is amongst the world’s leading providers of design and technology services for product engineering and solutions across industries including Broadcast, Communications, and Automotive. It provides technology consulting, new product design, development, and testing services. Tata Elxsi also provides solutions and services for emerging technologies such as IoT (Internet of Things), Big Data Analytics, Cloud, Mobility, Virtual Reality and Artificial Intelligence. This is backed by over 25 years of engineering experience, a global delivery presence and offshore development centres in India.