India auto industry is growing and big, and Indian electronics and semiconductor, though not big as automotive, but is estimated to get lot bigger with near exponential growth, where the electric vehicle driven automotive growth gives a rocket boost to already growing electronics. Keeping that in mind, three leaders in their specific market domains Renesas; a semiconductor leader, and Tata Motors; an automotive leader and Tejas Networks; a Tata owned electronics and semiconductor design expert, have gone in for a strategic partnership. The results can be highly fruitful and gives tough time for their competitors. Prelude to this was establishment of EV Innovation Center (NEVIC) jointly by Renesas and Tata Group's Tata Elxsi in March 2022.
Further points, expert/executive comments shared by Renesas on this partnership includes:
The future of automotive systems design lies in a vehicle-centralized, zone-oriented electronic and electrical (E/E) architecture. Renesas and Tata Motors Ltd. (TML) will collaborate on developing next-generation automotive electronics to drive leadership performance and scalability for vehicles. Renesas with deep expertise in semiconductor technology will partner with TML to accelerate the development of electric and connected vehicles to further enhance TML's pre-eminence and market-leading position. To effectively address evolving customers' aspirations, Renesas and TML will explore a non-exclusive partnership on emerging technologies such as ADAS.
Renesas will collaborate with Tejas for implementing next-generation wireless network solutions. This includes design and development of semiconductor solutions for radio units (RU) used in telecom networks, from 4G, 5G, to open radio access network (O-RAN), which enables open and flexible 5G RAN deployments, in addition to allowing wider interoperability. The companies aim to roll out products and solutions initially for India and aim to expand its footprint in the global markets.
Additionally, Renesas and Tata Consultancy Services Limited (TCS), a company of Tata Group, will partner by establishing a Joint System Solution Development Center in Bangalore. The planned innovation center will focus on comprehensive system solutions for the IoT, Infrastructure, Industrial and Automotive segments by leveraging Renesas' semiconductor solutions and TCS' industry experience.
"We see great potential in collaborating with Renesas in areas like automotive electronics and present and future telecom networks. The collaboration will accelerate our presence in these areas in India as well as globally," said Natarajan Chandrasekaran, Chairman, Tata Sons.
"This partnership brings two industry leading companies closer together, creating numerous benefits," said Hidetoshi Shibata, President and CEO at Renesas. "Renesas and Tata will support the acceleration of progress in advanced electronics and its multitudes of applications for the Indian and emerging markets, which sets us both on a path for continued success."