Arihant Capital - Tata Technologies IPO Note

22 November 2023

The company is strategically targeting top ER&D spenders in automotive, aerospace, and TCHM, particularly focusing on the top 20 automotive companies that contribute to 73% of global spending. Recent accreditation by Airbus is expected to be a significant avenue for growth. The company employs a combination of organic growth, tuck-in acquisitions, and a commitment to exploring opportunities that align with its strategy. Additionally, efforts are underway to expand its presence in key manufacturing sectors in France, Germany, and China, utilizing tailored strategies for sustainable growth in each region. The global delivery model remains central, with region-specific services as needed.