Tata Technologies, which is a subsidiary of Tata Motors, announced that it has formed a JV with BMW Holding BV, Netherlands  for the development of software for the German luxury automaker

Tata Technologies said it would initially incorporate the company as a wholly owned subsidiary. Once all the approvals come in, BMW shall invest in the said incorporated company to hold 50% of the post investment equity share capital in that entity.

The JV will develop automotive software for automated driving and the dashboard system among other features. No financial details were divulged.

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