Key Points
Warren Kevin Harris, CEO & MD, Tata Technologies, says our services revenues in Q3 were impacted by the transition that is going on with one of our customers in Southeast Asia..
Warren Kevin Harris: We had a very strong quarter in terms of deal wins in both automotive and in aerospace..
We won a top hat deal in China with one of the speciality vehicle manufacturers and then we have also won a number of digital deals that are focussed upon extending the integration of the tools that define the digital product with those tools that underpin the manufacturing process and that is an area that we are developing quite a recognition around and we have won a couple of deals, one with a new energy vehicle company in the US and another with a European OEM..
And, of course, the relationship between Airbus and the Tata Group continues to grow, not only is Airbus partnering with the group to develop and build the C-295s here in India, but you may have seen the helicopter announcement last week and so that partnership continues to scale and is very strategic to both groups and we expect that commitment to provide tailwinds for Tata Technologies...
Some of the silicon players will have greater and greater influence over the product development process in and around mobility systems and so the partnerships that we are establishing with some of the major players propels Tata Technologies to the front end of the SDV world and positions the type of bundle proposition that is going to be very meaningful...
