India-based Tata Elxsi announces major deals in automotive sector
The company reported a 2% increase in net profit to 1.89 billion Indian rupees (about $2.30 million) during the quarter ending April–June (first quarter) of fiscal year 2024
In a press release announcement July 17, Tata Elxsi said that it won major deals in the transportation sector, including a strategic multiyear, multimillion US dollar deal with a leading Asian original equipment manufacturer for their software-defined vehicle platform and software development, and multicountry licensing and deployment of its connected vehicle platform with a global Top 5 OEM.
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