Hinduja Tech Strengthens Position in Europe by Purchasing TECOSIM Group
Ashok Leyland's mobility arm in engineering and research and development division, Hinduja Tech, has completed the purchasing transaction of TECOSIM Group, a pioneer in body engineering and virtual validation, marking a milestone in cementing its position in Europe.
This acquisition also accelerates Hinduja Tech's goal of becoming one of the top 10 mobility engineering firms globally.
Headquartered in Europe, TECOSIM’s specialty lies in using virtual validation procedures that leans less on physical prototypes, essential for modern automobile manufacturing.
With more than 650 workers in the UK, Germany, Romania, Japan, and India, TECOSIM provides Hinduja Tech a plethora of technological know-how and a solid customer base.
Kumar Prabhas, CEO of Hinduja Tech, emphasised the synergy between the two organizations, stating, “TECOSIM’s expertise in virtual validation and body engineering is a perfect complement to our existing capabilities. Together, we aim to redefine automotive engineering and provide comprehensive solutions to our clients globally.”
Hinduja Tech is said to expand its service offering and improve operational efficiency by utilizing TECOSIM's advantages.
The company's emphasis on providing innovative solutions for new transportation trends, including electrification and digitalization, is in line with this acquisition.
Udo Jankowski, Managing Director of TECOSIM Group, expressed optimism about the collaboration, saying, “Joining Hinduja Tech is a transformative step for TECOSIM. Their global reach and industry insights, combined with our technical prowess, position us to create exceptional value for our clients and drive innovation in the mobility sector.”
This acquisition also accelerates Hinduja Tech's goal of becoming one of the top 10 mobility engineering firms globally.
With more than 650 workers dispersed around the UK, Germany, Romania, Japan, and India, TECOSIM would offer a plethora of knowledge and creative ideas.
Hinduja Tech Ltd. would use its expanded capabilities to tackle the problems facing the automobile sector, providing creative solutions that promote effectiveness, sustainability, and performance.