Hinduja Tech's Strategic Acquisition of TECOSIM Group Expands Global Automotive Engineering Capabilities

Hinduja Tech Enhances Global Presence Through TECOSIM Group Acquisition

Hinduja Tech Limited, a subsidiary of Ashok Leyland, recently announced significant growth in its operational capacity by completing the acquisition of TECOSIM Group. This strategic move is designed to bolster Hinduja Tech's footing in the European market, aligning with its ambitious vision of becoming one of the top 10 global companies in mobility engineering and research and development.

The acquisition of TECOSIM, a leading engineering services provider based in Europe, is more than just a business expansion; it represents a transformative step toward establishing a leadership role in the automotive engineering sector. By integrating TECOSIM’s exceptional virtual validation capabilities and body engineering expertise, Hinduja Tech anticipates creating a comprehensive suite of services that can address the complex demands of the global mobility industry.

Strengthening Market Position

The addition of TECOSIM not only amplifies Hinduja Tech's services but also enhances its market competitiveness. Mr. Kumar Prabhas, the CEO of Hinduja Tech, stated, “This acquisition strengthens our commitment to innovation and growth. TECOSIM's strengths will allow us to broaden our solution offerings, pushing the boundaries of automotive engineering.”

This partnership is poised to leverage TECOSIM’s substantial experience, which boasts a solid reputation across Europe and beyond, bringing over 650 skilled employees from locations, including the UK, Germany, Romania, Japan, and India. The combination of resources and expertise from both firms is aimed at delivering innovative solutions that will drive efficiency and sustainability in automotive engineering.

New Opportunities for Growth

With this acquisition, Hinduja Tech will not only serve existing clients better but will also reach a broader, more diverse customer base across Europe and beyond. The merger signifies a robust advancing position in the marketplace, opening new channels for growth. Udo Jankowski, Managing Director of TECOSIM, echoed this sentiment: “Joining forces with Hinduja Tech represents a game changer for us, combining our technical strengths with their extensive market reach.”

By focusing on enhancing operational efficiencies through this merger, Hinduja Tech aims to refine its operational model and delivery strategy on a global scale. This integration is expected to maximize competitive advantage in the automotive sector, ensuring continued high-quality service and innovative engineering solutions.

Commitment to Sustainable Mobility

Hinduja Tech and TECOSIM share a common vision of advancing sustainable mobility solutions. The collaboration strives to shape the future landscape of mobility by embedding practices that focus on ecological responsibility. The unified skills and innovations from both entities are anticipated to address the multifaceted challenges of today's automotive industry, pushing for a significant improvement in performance and sustainability benchmarks.

In conclusion, Hinduja Tech’s acquisition of TECOSIM Group represents a major milestone, not only reinforcing its geographical reach but also shaping the future direction of automotive engineering. The integration of resources and expertise of both companies is set to redefine service offerings in the automotive industry, delivering exceptional value to clients worldwide, and fostering advancements in market dynamics that promote efficiency and sustainability.