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BusinessSep 15, 2025 12:35 AM

Tata Tech acquires German company ESTEC for Rs 750 cr to establish a base in Europe's auto hub

Mumbai: The global automobile industry is starting to regain confidence after pausing product and investment decisions initially due to the upheaval caused by Trump's tariffs, said a senior executive at Tata Technologies. The Tata Group engineering firm is also pressing ahead with expansion, acquiring Germany's ESTEC for ₹75 million (₹750 crore) to strengthen its software-defined vehicle capabilities and also establish a base in Europe's auto hub. "Tariffs initially prompted many of our custom ...Read More >

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