Press release
• Tata Technologies reinforces its One Team with Customers philosophy by deepening integration with top global clients through dedicated account teams.
• Strategic leadership appointment to strengthen relationship with Tata Motors Group and drive synergies across Tata Motors and JLR.
• Strengthened leadership of Embedded software and SDV business with end-to-end ownership of Sales, Solutioning and Delivery to innovate with agility and accelerate growth.
• Dedicated leadership for Aerospace and Industrial Heavy Machinery (IHM) verticals to drive industry-specific innovations and accelerate growth.
Pune, Mumbai, Delhi, Bengaluru, India, March 11, 2025: Tata Technologies, a global product engineering and digital services company, today announced its refreshed strategy and key leadership changes, aimed at reinforcing its One Team with Customers approach and positioning itself as a partner of choice in the software-defined era. This strategic realignment enhances agility, efficiency, and sustainability to support Automotive, Industrial Heavy Machinery, and Aerospace clients in their transformation journeys.
The global Engineering, Research & Development (ER&D) market presents significant long-term opportunities, with a Total Addressable Market (TAM) of $260-300 billion across Automotive, Industrial Heavy Machinery (IHM), and Aerospace. These verticals are experiencing robust transformation, driven by electrification, software-defined vehicles (SDVs), and smart manufacturing. The outsourced ER&D market, currently valued at $60-70 billion, is growing at 10-12% CAGR, fueled by increasing demand for software-driven solutions, reduced time-to-market pressures, and specialized engineering talent. Automotive, as the largest segment, is witnessing rapid adoption of BEVs, SDVs, and full-vehicle programs, with an outsourced spend of $35-40 billion. Aerospace and IHM are evolving through next-gen propulsion, MRO solutions, alternate fuels, and smart factories, contributing to a growing $16-18 billion outsourced ER&D market.
At the heart of Tata Technologies growth strategy is a relentless pursuit of customer-centric innovation, engineering excellence, and digital transformation – all designed to engineer solutions for a software-defined future. The company is focusing on four strategic pillars to drive customer success and engineer industry transformation:
– Deepening Engagements with Top Clients: Strengthening relationships with Tata Motors, JLR and leading global OEMs & Tier-1 suppliers through dedicated account teams comprising Client Partners, Delivery Partners, and Transformation Partners. This move ensures greater responsiveness and co-engineering capabilities, enabling faster, more tailored solutions that address real-world challenges faced by clients in an increasingly software-driven AI-led world.
– Accelerating Time-to-Market: Delivering full-vehicle engineering, embedded systems, smart manufacturing solutions, and hardware-software convergence to enhance connectivity, autonomy, and IoT-driven ecosystems.
– Expanding Embedded & Software-Driven Capabilities: Scaling AI, digital services, and SDV innovation to integrate mechanical and embedded systems, creating unmatched end-to-end product development capabilities.
– Transforming the Go-to-Market Approach: Institutionalizing large-deal capabilities, sales enablement, solution accelerators, and strategic partnerships with product software and semiconductor players while driving AI-enabled global delivery excellence.
To accelerate the execution of the growth strategy, Tata Technologies is making the following strategic changes:
– As communicated on 28th February’25, Anish Raghunandan is appointed as President and Client Partner – TML group. Anish will lead Tata Technologies’ engagement with Tata Motors Limited (TML) and Jaguar Land Rover (JLR), strengthening strategic alignment with TML group strategy and maximizing synergies within TML and JLR.
– Nachiket Paranjpe will expand his leadership scope, continuing to grow the Automotive business outside the TML Group while driving transformation in the Embedded Software and SDV business. His role will encompass full lifecycle ownership of sales, solutioning, and delivery, ensuring Tata Technologies remains at the forefront of SDV and Embedded software innovation.
– Keith Matthews is elevated to Head Sales – Aerospace Business, effective immediately. With 30+ years of experience in the Aerospace sector, Keith will focus on scaling Tata Technologies’ Aerospace business, unlocking opportunities in airframe, propulsion, manufacturing, MRO, and digital transformation, and strengthening partnerships with top aerospace clients, including Airbus.
– Komal Chhabra is being appointed as Head Sales – IHM business with immediate effect, having previously led the Tata Technologies Strategy and M&A function, and will spearhead the Industrial Heavy Machinery vertical, reinforcing our commitment to innovation in this critical sector.
We extend our sincere appreciation to Aloke Palsikar for his leadership in steering our Aerospace and IHM businesses over the past few years. As he superannuates and bids farewell to Tata Technologies effective March 31st, 2025, we wish him the best in his future endeavors.
Speaking about the company’s transformation strategy, Mr. Warren Harris, CEO & MD of Tata Technologies stated, ” Our vision of engineering a better world is rooted in delivering innovative solutions that empower our customers to succeed in the new software-defined era. The new go-to-market approach reinforces our commitment to customer-centric innovation, agility, and AI-led engineering excellence. By strengthening our leadership team and sharpening our focus on Embedded Software, SDVs, Aerospace, and IHM, we are positioning ourselves to drive the next phase of growth for Tata Technologies and our customers. Our shift towards an IP-led, value-driven approach will enhance customer outcomes, accelerate premiumization, and engineer a better future for all our stakeholders including the shareholders.
Tata Technologies is pivoting from a pure services model to an IP-led, value-driven approach, leveraging proprietary AI-led digital solutions to enhance customer outcomes. With investments in AI, embedded software, cloud-enabled smart manufacturing, and full-lifecycle SDV solutions, the company will strengthen its portfolio of solutions to help its clients with faster product launches, reduced development costs, and innovations that help them win in an evolving marketplace. As a trusted global partner, Tata Technologies is dedicated to co-engineering solutions that drive real impact for businesses and communities worldwide and engineer a better world for everyone.
About Tata Technologies:
Tata Technologies (BSE: 544028, NSE: TATATECH) is a global product engineering and digital services company focused on fulfilling Its mission of helping the world drive, fly, build, and farm by enabling Its customers to realize better products and deliver better experiences. Tata Technologies is the strategic engineering partner businesses turn to when they aspire to be better. Manufacturing companies rely on Tata Technologies to enable them to conceptualize, develop and realize better products that are safer, cleaner, and improve the quality of life for all the stakeholders, helping us achieve our vision of #EngineeringABetterWorld. For more, visit us at https://www.tatatechnologies.com or learn more here. Follow us on LinkedIn, Instagram, Twitter, Facebook and YouTube for the latest updates.
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