Tata Communications is set to deepen its digital partnership with Jaguar Land Rover (JLR) in a deal to power JLR’s global digital transformation strategy, sending shares up.
What Happened: Tata Communications plans to deploy a “digital fabric”, incorporating agile infrastructure, platforms and managed services. This initiative aims to seamlessly integrate JLR's systems, workforce, suppliers, stakeholders and customers worldwide, facilitating a smooth flow of data to enhance various aspects of the business ecosystem.
Sumeet Walia, executive vice president and chief sales & marketing officer at Tata Communications, expressed enthusiasm for reinforcing ties with JLR, renowned for its global standing in automotive luxury and innovation.
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The collaboration represents an extension of a long-standing partnership between Tata Communications and JLR, which is owned by Tata Motors. The Tata Communications MOVE platform, a connected car solution, already powers the infotainment and telematics platforms in over 600,000 JLR vehicles across more than 100 markets.
Beyond business integration, the partnership emphasises a joint commitment to sustainability. Tata Communications and JLR aim to digitally transform the production line of JLR’s next-generation vehicles, contributing to sustainability goals.
Share Price: Tata Communications share price was up 0.95% at ₹1,723.30 in late afternoon trade on Tuesday.
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