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Tata Elxsi opens an Innovation Hub and nearshore engineering centre in Troy, Michigan

Posted On : 2023-06-07 17:20:19( TIMEZONE : IST )

Tata Elxsi opens an Innovation Hub and nearshore engineering centre in Troy, Michigan

Tata Elxsi, a global design company that blends technology, creativity, and engineering, inaugurated an Innovation Hub and nearshore engineering centre yesterday in Troy, Michigan. This also marks the 15th year for Tata Elxsi in Troy, working with some of the leading OEMs, suppliers, and automotive ecosystems in the region.

The new centre will support EV and green mobility, Software and Digital engineering for OEMs and Tier 1 suppliers. Tata Elxsi intends to grow its centre from 50 to 200 by 2025 while collaborating with universities on cutting-edge R&D and creating exciting career opportunities for fresh engineering graduates through internships and purpose-driven projects.

"We are pleased to inaugurate our Innovation Hub and nearshore engineering centre in Troy, Michigan, and continue our commitment to the region where we have served our customers for the last 15 years. This new facility represents our commitment and investment in the US market and our strong partnership with our clients. Our goal is to provide them with best-in-class engineering, digital and design solutions that will help them to innovate and transform their products and services for the future of smart and green mobility," said Mr Manoj Raghavan, CEO and Managing Director, Tata Elxsi.

"We are delighted to inaugurate our new centre in Troy, Michigan. This investment reflects our commitment to our customers and the local automotive ecosystem, which has been a critical part of our success. Our new facility will enable us to collaborate more closely with our customers and work together for cutting-edge software development and engineering, and drive innovation in the automotive industry. We are also excited to leverage our presence in Michigan to expand our sales and business opportunities and build stronger relationships with local SMEs and universities. We look forward to continued growth and success in the region." said Mr Ram Ramaseshan, SVP & Geo Head - Americas, Tata Elxsi.

Shares of Tata Elxsi Limited was last trading in BSE at Rs. 7690.35 as compared to the previous close of Rs. 7600.35. The total number of shares traded during the day was 6166 in over 1283 trades.

The stock hit an intraday high of Rs. 7713.00 and intraday low of 7612.00. The net turnover during the day was Rs. 47253066.00.

Source : Equity Bulls


TataElxsi INE670A01012 InnovationHub Nearshore EngineeringCentre Troy Michigan