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regular-article-logo Friday, 03 May 2024

Tata Consultancy Services inks £800 million deal from digital unit of JLR

JLR has set a target to make all its models available with full battery power by 2030

Our Special Correspondent Mumbai Published 07.09.23, 11:16 AM
Representational image.

Representational image. File photo

Tata Consultancy Services (TCS) has won a mega £800 million (Rs 8,300 crore) deal from the digital unit of JLR.

This five-year deal will support JLR’s “Reimagine’’ strategy, under which the subsidiary of Tata Motors is rapidy strengthening its electric vehicle range.

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JLR has set a target to make all its models available with full battery power by 2030.

It will launch six pure-electric models across the Range Rover, Discovery and Defender brands by 2026, starting with the all-electric Range Rover in 2024.

TCS said in a statement the partnership will deepen its long-standing relationship with JLR Digital.

TCS will deliver a broad range of services spanning application development and maintenance, enterprise infrastructure management, cloud migration, cybersecurity and data services.

Moreover, outside of the new contract, TCS is partnering JLR to help accelerate its vision of modern luxury client experience tailored to different markets globally.

“We are pleased to be selected by JLR as their strategic partner to help manage and transform their digital estate and build a new, future-ready digital core that will support their Reimagine strategy and electrification plans,” Anupam Singhal, business group head — manufacturing, TCS said.

Over the last few months, top IT services companies in India have secured a handful of multi-million and billion-dollar deals and contract renewals amid worries of client spending cuts in the key US and European markets.

TCS had in June signed a $1.1 billion contract with British pension scheme Nest.

Rivals Infosys signed three deals between June and August, while HCL Technologies secured a $2.1 billion deal with US telecom major Verizon last month.

Tata Steel-ABB pact

Automation company ABB India and Tata Steel have partnered to work on technologies to reduce the carbon footprint in steel production.

The steelmaker has a medium-term target to reduce carbon emissions to less than two tonnes of Co2 per tonne of crude steel in its Indian operations by 2025.

Under the MoU, the two companies will focus on system-level assessments of Tata Steel’s production facilities for evaluation and co-development of short and long-term options for energy efficiency, decarbonization and circularity.

With inputs from Reuters and PTI

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