Nidec Corporation (TOKYO: 6594; OTC US: NJDCY) announced today that it signed a memorandum of understanding (MOU) with Tata Elxsi Ltd., a design and technology service provider from India. Tata Elxsi, part of the Tata Group, specializes in design, technology development, system integration, and software development. They work in fields like autonomous driving, electrification, connected car solutions, and other automobile engineering services. They also provide services for broadcasting, telecommunications, healthcare, transportation, and other industries.
This MOU will help Nidec use Tata Elxsi’s expertise to improve its software development capabilities. The goal is to develop software for India and other markets, localize Nidec products, and support the establishment of a global business base for Nidec’s software development.
Tata Elxsi is a top provider of design and technology services for industries like automotive, broadcast, communications, healthcare, and transportation. Based in Bangalore and part of the Tata group, Tata Elxsi collaborates with leading OEMs and suppliers in the automotive and transportation sectors for R&D, design, and product engineering, covering all stages from architecture to launch.
The company has expertise in autonomous, electric, connected vehicle technologies, and software-defined vehicles (SDV). It operates a global network of design studios, development centers, and offices, supported by over 13,000 engineers and specialists worldwide.
Nidec is the world’s leading motor manufacturer, creating everything that spins and moves. With around 340 group companies in 46 countries, Nidec designs, develops, produces, and sells a wide range of products, from small precision motors to ultra-large motors. Their motors are used in various fields, including IT devices, automobiles, bikes, and commercial and industrial sectors. Nidec is dedicated to providing lighter, more compact, and efficient products and solutions quickly to meet global needs.
