Tata Technologies announces completion of JV with BMW arm

Tata Technologies Limited on Tuesday announced that BMW Holding B.V., Netherlands has completed its investment to establish the strategic joint venture BMW TechWorks India Private Limited (BTIPL).

Incorporated on July 31, 2024, BTIPL will focus on delivering premium automotive software and digital transformation solutions, to help BMW Group in its digital transformation journey.

On April 2, the company had announced execution of a Joint Venture Agreement with BMW.


BMW Holding B.V. invested Rs 1,00,000 in BTIPL’s share capital in the JV, leading to finalisation. With this investment, both Tata Technologies and BMW Holding B.V., hold an equal 50 per cent share in the newly formed entity, which was initially a wholly-owned subsidiary of the Tatas.

BTIPL will support the BMW Group by engineering premium products and offering software-defined vehicle (SDV) solutions. The company will also provide business IT solutions, driving the BMW Group’s digital transformation efforts and improving customer experiences, Tata Technologies said in its information to the exchanges.

With an authorized share capital of Rs 10,00,000, BTIPL aims to strengthen BMW’s engineering capabilities in India.