Bengaluru | Mumbai, September 16, 2019: General Motors (GM) and Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a leading global IT services, consulting and business solutions organization, today announced a new partnership in future global vehicle engineering. This builds on the 16-year long relationship between the two companies.
Under the terms of the agreement signed earlier today, TCS will acquire certain assets at the GM Technical Center – India (GMTC-I), in Bengaluru, and will partner with GM, supporting its global vehicle programs with engineering design services over the next 5 years. Over 1,300 employees of GMTC-I will transfer to TCS, including teams focused on propulsion systems, vehicle engineering, controls development, testing, creative design and special projects.
GM vice president electrification, controls, software & electronics, Dan Nicholson said: “TCS has been an outstanding partner for 16 years. We are pleased to evolve our partnership even further, as we work to deliver on our commitment to create a world with zero crashes, zero emissions and zero congestion.”
“We are delighted to elevate our long-standing relationship with GM to a strategic partnership. TCS is excited to be part of GM’s efforts in next generation mobility, helping them design and engineer world class vehicles that set new benchmarks in driving experience, safety and emissions,” said Regu Ayyaswamy, Global Head, Engineering and Industrial Services Practice, TCS. “We welcome GMTC-I’s immensely talented engineers into the TCS family, and encourage them to take advantage of the vast learning and growth opportunities available, and to realize their potential.”
“Next generation automotive R&D is a key focus area for TCS, given the criticality of product innovation and connectedness in the Business 4.0™ world. This new partnership with General Motors is a testament to our willingness to invest in the relationship for the longer term,” said Susheel Vasudevan, Global Head, Manufacturing Business Group, TCS.
GMTC-I vice president engineering and operations, Brian McMurray said the design and engineering center in Bengaluru had contributed to a number of innovations in GM’s global vehicle portfolio over many years.
“As a result of our new partnership, the design and engineering teams in Bengaluru will continue to play an important role in GM’s core business. This partnership will make both companies stronger: GM will benefit from the scale and cross-sectoral knowledge of TCS, while TCS will benefit from the influx of world-class engineering talent.”
The transaction and handover are expected to be completed by the end of September.
Established in 2004 in Bengaluru, GMTC-I contributes to GM’s global programs, across propulsion systems, vehicle engineering, controls development, testing, creative design and special projects. It houses a design studio and an engineering center with state-of-the-art, in-house electronics hardware and software testing and validation infrastructure.
General Motors Co. (NYSE: GM), its subsidiaries and joint venture entities produce and sell vehicles under the Chevrolet, Cadillac, Baojun, Buick, GMC, Holden, Jiefang and Wuling brands. GM has leadership positions in several of the world's most significant automotive markets and is committed to lead the future of personal mobility. More information on the company and its subsidiaries, including OnStar, a global leader in vehicle safety, security and information services, can be found at http://www.gm.com.
Tata Consultancy Services (BSE: 532540, NSE: TCS) is an IT services, consulting and business solutions organization that has been partnering with many of the world’s largest businesses in their transformation journeys for the last fifty years. TCS offers a consulting-led, cognitive powered, integrated portfolio of business, technology and engineering services and solutions. This is delivered through its unique Location Independent Agile delivery model, recognized as a benchmark of excellence in software development. A part of the Tata group, India's largest multinational business group, TCS has over 436,000 of the world’s best-trained consultants in 46 countries. The company generated consolidated revenues of US $20.9 billion in the fiscal year ended March 31, 2019 and is listed on the BSE (formerly Bombay Stock Exchange) and the NSE (National Stock Exchange) in India. TCS' proactive stance on climate change and award-winning work with communities across the world have earned it a place in leading sustainability indices such as the Dow Jones Sustainability Index (DJSI), MSCI Global Sustainability Index and the FTSE4Good Emerging Index. For more information, visit us at www.tcs.com.
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