Tata Motors is betting big on emerging mobility solutions and mulling setting up innovation centres globally to be “future ready” while having a more formal presence across the world, as it aims to be among the top three passenger vehicle makers in India by 2019.
The first innovation centre has been set up in proximity to the Silicon Valley, US.
“Tata Motors have embarked on a transformation journey with a vision to become future ready. In line with our mission to provide innovative mobility solutions…we are keenly exploring opportunities in mobility services that would allow us to offer seamless solutions to our customers in the future,” Tata Motors Chief Executive Officer and Managing Director Guenter Butschek told PTI in an e-mail inter.
“The importance of Silicon Valley as a fertile source of future innovation means that it is now important to build up a presence there that can scout for new technologies and build relationships with key players including startups located there,”Butschek said.
The initiative is part of supporting Tata branded product strategies in India and the company believes it will help it realise and access the budding trends and ideas which will further shape into future products and service.