Hot Pursuit     19-Apr-23
Tata Elxsi inks pact with IIT- Guwahati to develop electric mobility market
Tata Elxsi announced thatit has signed a memorandum of understanding (MoU) with the Indian Institute of Technology (IIT), Guwahati to jointly work on developing and commercialising solutions for the electric mobility market.
The IT company said that this collaboration will bring together researchers and experts for advanced research in material science, digital twins, and deep artificial intelligence and machine learning techniques and will enable both collaborators to apply their research capabilities to real-world problems, such as advancing predictive maintenance.

Tata Elxsi stated that one key area of work under this collaboration will be the digital analysis of electrical signature data for traction motors which underpins EV mobility across segments, including automotive and rail. The solution will provide deep insights for proactive fault prediction, maintenance schedule formulation, and design and manufacturing defects traceability, it added.

Manoj Raghavan, CEO & MD of Tata Elxsi, stated, “This collaboration will bring together the best minds from Tata Elxsi and IIT Guwahati to envisage and develop future-looking solutions for the fast-evolving space of electric mobility. The fault analysis solution is an excellent example of how industry-academia collaboration can bring together original thinking and application of the latest digital technologies to solve very specific industry needs from operators, OEMs and system suppliers in the transportation industry.”

Prof. Parameswar K. Iyer, officiating director of IIT Guwahati said, “Electric vehicles are being increasingly considered the solution to carbon emissions from the transportation sector, and there is an essential need to create more future-ready solutions in the EV automotive and transportation industry. The shared knowledge between IIT Guwahati researchers and Tata Elxsi team will help in building a research ecosystem in this field, and its commitment to further strengthen the partnership going forward will help in achieving the Government of India's mission of making our country ‘Atma Nirbhar'.”

Tata Elxsi is amongst the world's leading providers of design and technology services across industries including automotive, broadcast, communications, healthcare and transportation. Tata Elxsi is helping customers reimagine their products and services through design thinking and application of digital technologies such as IoT (Internet of Things), Cloud, Mobility, Virtual Reality and Artificial Intelligence.

The design led technology service provider reported a 29% rise in net profit to Rs 194.68 crore on 28.7% increase in revenue from operations to Rs 817.74 crore in Q3 FY23 over Q3 FY22.

Shares of Tata Elxsi shed 0.51% to Rs 6,332.10 on the BSE.

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