Hinduja tech, a subsidiary of Ashok Leyland today announced the completion of its acquisition of TECOSIM Group, which is a European engineering services provider. Hinduja tech is a mobility focused global engineering and R&D technology company.
Kumar Prabhas, CEO of Hinduja Techsaid, “TECOSIM Group’s virtual validation and body engineering expertise perfectly complements our existing capabilities, allowing us to offer a comprehensive range of solutions. “
The acquisition of TECOSIM group would help to expand its presence in the European market. It will also provide operational efficiencies, increased competitiveness and a stronger global market presence.
Udo Jankowski, Managing Director of the TECOSIM Group, echoed this sentiment: “Joining forces with Hinduja Tech is a game-changer for TECOSIM. Their global reach and industry expertise, coupled with our technical strengths, create a winning combination.
This acquisition expands Hinduja Tech’s global footprint, strengthening its presence in Europe and positioning the company for further growth.