Tata Technology''s US arm, Incat, is looking for a buy-out
in China. The Detroit -based firm, which was acquired
by Pune-based Tata Technologies for Rs411 crore in October
last year, is also launching operations in India.
the world''s leading independent provider of product lifecycle
management (PLM) services to major automotive, aerospace
and durable goods manufacturers, is currently in talks
with a clutch of engineering and design firms in China
for an acquisition by the end of the current fiscal.
quoting Patrick McGoldrick, managing director, Tata Technologies,
said Incat is also seeking joint ventures in Germany and
France. "We are looking for acquisitions especially
in China since big money is now flowing towards Asia Pacific,"
India delivery center is located at the Center for Advanced
Engineering & Design in Pune. With a presence in 45
cities and 12 countries including India
and over 3,000 employees, Incat serves over 2,000 client
organisations, including the top 10 automotive OEMs and
the top 5 aerospace OEMs.
works closely with all major aerospace manufacturers in
the international PLM market. With the acquisition of
Incat, Tata Technologies is now working with companies
like Boeing, Airbus, Lockheed for engineering design and
In the process, Tata Technologies has also emerged a major
technology provider for the aerospace industry, which
has a substantial share of the $650 billion engineering
design and related market.
Incat is involved in the development of the Joint Strike
Fighter for the US defence forces, Tata Technologies is
looking at working
with the government-owned Hindustan Aeronautics Ltd in
Technologies is currently working on product design, PLM
and tooling design for A380 aircraft out of its Indian
company would also be providing engineering and design
services for Tata group chairman Ratan Tata''s Rs1-lakh