Tata AutoComp Systems Ltd on Sunday said it will acquire 80 per cent stake in Artifex Interior Systems Ltd, a part of the Jaguar Land Rover group, for an undisclosed sum. On completion of this ...

With this acquisition, Tata AutoComp Systems Ltd (TACO) has consolidated its position as one of India's largest automotive component manufacturers.

Tata Motors has sold its 80% stake in Jaguar Land Rover Ventures Limited (JLRV) to Tata Autocomp Systems Limited (TACO).

Tata AutoComp Systems Limited has announced that it is acquiring up to 80 per cent of Artifex Interior Systems Limited (formerly IAC UK), a wholly owned subsidiary of Jaguar Land Rover Venture.

Arvind Goel, vice chairman of Tata AutoComp, stated that Artifex’s manufacturing capabilities and established customer relationships will enhance their market presence, allowing them to deliver ...