Tata group company public issue coming after gap of 20 years

Tata group company public issue coming after gap of 20 years

Market regulator the Securities and Exchange Board of India (SEBI) has approved Tata Technologies Ltd's initial public offering (IPO), the first public issue from the Tata group in nearly 20 years.

Tata Technologies is a global company that provides engineering and IT services to various industries.Tata Technologies works with clients globally, leveraging their expertise in engineering and technology to support product development, innovation, and business transformation across industries.

Business Area of Tata Tech-

Product Development and Engineering: Tata Technologies assists companies in designing and developing new products. They provide services such as CAD (Computer-Aided Design), CAE (Computer-Aided Engineering), and product validation across industries like automotive, aerospace, industrial machinery, and consumer products.

Product Lifecycle Management (PLM): Tata Technologies offers PLM solutions that help businesses manage the entire lifecycle of a product. This includes managing product data, facilitating collaboration among teams, and ensuring efficient communication throughout the development process.

Manufacturing Solutions: The company helps optimize manufacturing processes through solutions like process planning, manufacturing simulation, robotics and automation, and digital manufacturing technologies. They aim to enhance productivity, reduce costs, and improve overall operational efficiency.

Enterprise IT Solutions: Tata Technologies provides IT services and solutions to improve business operations. This includes implementing enterprise resource planning (ERP) systems, supply chain management, customer relationship management (CRM), and other customized IT solutions to meet specific industry requirements.

Connected Vehicle Solutions: Tata Technologies collaborates with automotive manufacturers to integrate advanced technologies into vehicles. This involves implementing connectivity features, telematics systems, and infotainment solutions to enhance the overall driving experience.

Design and Visualization: The company offers design and visualization services to create visually appealing content for marketing purposes, product presentations, and virtual reality (VR) experiences. They help businesses bring their ideas to life through effective visual communication.
 

https://www.moneycontrol.com/news/business/ipo/sebi-approves-tata-tech-ipo-the-first-public-issue-from-the-group-in-20-years-10864081.html

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