Tata Motors launches TACNet 2.0 to accelerate innovation in mobility

With the aim to steer innovation through collaboration, Tata Motors formally announced the launch of Tata Motors AutoMobility Collaboration Network 2.0 (TACNet 2.0), a platform that will help develop a centre of AutoMobility innovation through partnerships for new technologies and/or business models.

It will also allow Tata Motors to engage with start-ups and technology companies to easily connect with them, spark innovative solutions in the automotive technologies and mobility ecosystem and explore synergies.

According to Shailesh Chandra, President - Electric Mobility Business & Corporate Strategy, Tata Motors, “Today, almost every segment of the automotive value-chain is required to drive its own innovation story. As a leading Indian automotive brand, we need to constantly keep innovating for better serving the market, our customers and the categories we cater to. In the current age of uncertainty and speed of change, the above effort of sourcing solutions will need to be driven both through in-house initiatives as well as collaborating with external partners. TACNet will enable the outside world in connecting with us for such innovation and collaboration opportunities. We are looking forward to unlocking the potential of India's finest startups and technology and solution based companies.”

TACNet, is a platform for connecting aspiring mature start-ups with Tata Motors to solve existing and anticipated challenges in the cargo and people mobility. The themes for TACNet 2.0 are centered on areas that are of immediate interest to Tata Motors. The company is looking for directly applicable solutions for block chain in automotive, parking marketplace, NLP native chatbot, demand prediction algorithm, real time monitoring of fuel quality (BSVI) and authenticating genuine spare parts.

This programme will commence from inviting participations from aspiring start-ups, to pitching of their business and then culminating into a potential for a strategic partnership with an opportunity to even pilot a project.