Tata AutoComp and Jahwa Electronics Announce Joint Venture to Drive Advanced Thermal Management Solutions for India’s EV Market
New Delhi : Tata AutoComp Systems Ltd. has entered a joint venture with Korea’s Jahwa Electronics to locally manufacture and supply advanced low-voltage and high-voltage PTC heaters. This partnership leverages Jahwa’s engineering and magnetic material expertise to address the surging demand for efficient thermal management solutions in India’s electric and hybrid vehicle segments.
This joint venture combines Jahwa Electronics’ high-efficiency thermal technologies with Tata AutoComp’s robust local manufacturing ecosystem, customer relationships, and market leadership. The joint venture positions India as a key strategic hub for Jahwa, leveraging localized low- and high-voltage PTC heaters to tap into booming EV and hybrid investments from global and domestic OEMs.
Commenting on the partnership, Mr. Chanyong Kim, CEO Jahwa Electronics said: “Jahwa Electronics considers it highly meaningful to contribute to the rapidly growing Indian electric vehicle market and infrastructure ecosystem through cooperation with Tata AutoComp.
By combining Jahwa’s precision component technology with Tata AutoComp’s strong local network and expertise, we aim to provide high-efficiency thermal management solutions optimized for the Indian market.
“With domestic automakers and global OEMs aggressively scaling investments in electrification, India’s electric and hybrid vehicle markets are expanding rapidly. This is a critical juncture for us to establish a firm market entry foundation as a key supplier of both high-voltage and low-voltage PTCs. Forging this venture with Tata AutoComp is a deeply strategic decision; the Tata Group’s formidable market influence, business scale, and exceptional corporate credibility ensure we secure a stable foothold and drive sustainable growth across the region.”
Commenting on the joint venture, Mr. Arvind Goel, Vice Chairman, Tata AutoComp Systems said: “This joint venture marks another milestone in Tata AutoComp’s strategy of bringing world-class automotive technologies to India. I am confident that our partnership with Jahwa Electronics, a globally recognized leader in specialty electronic components, will help introduce innovative sustainable solutions to the evolving mobility landscape of India.”
Tata AutoComp Systems MD & CEO Mr. Manoj Kolhatkar added, “Jahwa Electronics exceptional technological prowess perfectly complements our robust manufacturing ecosystem. This JV is testimony to our vision of value delivery through constant innovation.”
