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Nidec MOU with Tata Elxsi Ltd to Enhance Software Development Capabilities

Business |Agreements & Stratergies

This collaboration intends to facilitate the development of software programs for India and other global markets, as well as explore localization strategies for Nidec products.

774 views | Date: July 23, 2024

Nidec MOU with Tata Elxsi Ltd to Enhance Software Development Capabilities

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Bengaluru, Kyoto- Nidec Corporation has signed memorandum of understanding with Tata Elxsi Ltd., a design and technology service provider.

The execution of the aforementioned MOU aims to enable Nidec to utilize Tata Elxsi’s knowhow and resources to accelerate Nidec’s group-wide enhancement of its software development capability. Furthermore, the MOU intends for the Company to develop software programs for India and other markets, and examine how to localize Nidec products, while providing support for establishing and operating a global business base for the Nidec Group’s software development in the future.

Nidec stays committed to providing solutions by utilizing its comprehensive drive technology for its diverse product line-up ranging from small precision motors to ultra-large motors.

Tata Elxsi is a Tata Group company that engages in design, technology development, system integration and software development. Tata Elxsi’s technologies are adopted in autonomous driving and other types of advanced driver assistance systems, electrification, connected car solutions, and other automobile engineering-related services. It also provides services for broadcasting, telecommunications, healthcare, transportation and other industries.