Tata Elxsi’s shares rose by 2% after the company and Suzuki Motor launched the ‘SUZUKI-TATA ELXSI Offshore Development Center’ in Pune, India. This dedicated center is set to enhance Suzuki’s innovations in advanced engineering and mobility solutions.

The collaboration aims to advance Suzuki’s green mobility vision by focusing on sustainable innovation, including lightweight design, safety, eco-friendly materials, and advanced simulations to accelerate time-to-market. Additionally, the partnership will work on next-gen powertrains and software-defined vehicles, driving energy-efficient solutions for electric, hybrid and alternative fuel vehicles.

As of 1:32 pm, Tata Elxsi shares were trading 2.41% higher at Rs 6,527.95 on the NSE.

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TOPICS: Tata Elxsi