BMW Group has entered into a joint venture (JV) with Tata Technologies Limited to establish automotive software and IT development hubs in Pune, Bengaluru and Chennai.
Khaitan & Co advised BMW Group on this JV.
The core team consisted of Bharat Anand (Partner), Shantanu Gupta (Partner), Aman Parnami (Principal Associate) and Lakshya Thukral (Senior Associate), with assistance from the following:
Employment: Abhinav Rastogi (Partner) and Deeksha Malik (Principal Associate).
Intellectual Property : Nirupam Lodha (Partner).
JV related: Aakash Bajaj (Partner), Sushmita Sarin (Principal Associate), and Arushi Yadav (Associate).
Shardul Amarchand Mangaldas & Co advised Tata Technologies on this JV.
The transaction team was led by Iqbal Khan (Partner), Devika Menon (Principal Associate), Megha Diddi (Senior Associate) and Subham Biswal (Associate) with special thanks to Gopalkrishna Hegde for his inputs on various FEMA related aspects.
The competition team was led by Gauri Chhabra (Partner), Gargi Yadav (Consultant) and Eesha Sheth (Associate).
The disputes team was led by Shreya Jain (Principal Associate) and Prachi Gupta (Associate).
The IP Team was led by Mukul Baveja (Partner).
Latham & Watkins LLP (Germany) advised BMW on German law aspects.
The joint venture arrangement marks the first venture between the two conglomerates, which will allow Tata Tech to leverage their digital engineering expertise and talent pool in India to contribute to the BMW Group’s strategic expansion of software coding capabilities across global IT hubs and 24/7 operations.
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