
Hinduja Tech Limited, a mobility-focused global engineering and R&D technology company and a subsidiary of Ashok Leyland, has announced the completion of its acquisition of TECOSIM Group, a leading European engineering services provider. This strategic acquisition strengthens Hinduja Tech’s position in the European market and aligns with its vision to become one of the top 10 global mobility engineering and R&D companies.
Key Highlights of the Acquisition
- Expanded Expertise and Market Reach:
- TECOSIM Group, known for its virtual validation and body engineering expertise, enhances Hinduja Tech’s service portfolio, enabling it to offer comprehensive solutions tailored to the global mobility industry.
- The acquisition broadens Hinduja Tech’s footprint in Europe, with TECOSIM’s presence in the UK, Germany, Romania, Japan, and India.
- Operational and Strategic Synergies:
- Hinduja Tech and TECOSIM’s combined strengths will deliver cutting-edge solutions, addressing the evolving needs of the mobility sector with greater efficiency and competitiveness.
- TECOSIM’s workforce of over 650 employees brings a wealth of innovation and expertise, reinforcing Hinduja Tech’s capabilities to tackle complex automotive challenges.
Leadership Perspectives
- Mr. Kumar Prabhas, CEO, Hinduja Tech:
“We are excited to welcome TECOSIM Group to the Hinduja Tech family. This acquisition complements our existing capabilities and reinforces our commitment to driving the future of automotive engineering. Together, we will reshape the global mobility landscape with innovative and sustainable solutions.” - Mr. Udo Jankowski, Managing Director, TECOSIM Group:
“Joining forces with Hinduja Tech is a transformative opportunity. By leveraging Hinduja Tech’s global reach and industry expertise, TECOSIM will deliver exceptional value to clients while advancing innovation in the mobility sector.”
Why This Matters
This acquisition solidifies Hinduja Tech’s presence in Europe, enhancing its ability to serve a diverse customer base while positioning it as a global leader in sustainable mobility solutions. The integration of TECOSIM’s expertise with Hinduja Tech’s innovative global delivery model is set to drive significant advancements in the automotive engineering and R&D landscape.
Hinduja Tech’s move underscores its dedication to delivering efficiency, sustainability, and high performance, further shaping the future of the global mobility industry.