Autobayng News Team
Dentons Link Legal advised Skoda on its recent 50:50 JV with TataAutoComp for localised manufactuirng of railway components in India. Manufacturing operations will be established in India with a multi-million-euro investment expected to deliver economic and technological benefits to the region.
Dentons Link Legal had advised Czech public transport manufacturer Skoda Group on its recently established 50:50 joint venture with Tata AutoComp Systems Limited for the manufacture and supply of components for the railway sector in India.
This landmark joint venture aims to locally manufacture high-technology products such as propulsion systems, auxiliary converters, and traction motors for various rail segments, including metros, light rail, and regional transit systems. The collaboration not only leverages Škoda’s European technological expertise but also supports India’s “Make in India” and “Atmanirbhar Bharat” initiatives, creating a strong foundation for innovation, localization, and sustainable transportation.
Dentons Link Legal advised Škoda Group on all legal aspects of the transaction, including the structuring and incorporation of the joint venture, negotiation and finalization of the definitive agreements, including alignment with Indian regulatory and corporate compliance requirements.
The Dentons Link Legal team was led by partner Anuj Trivedi. The transaction team comprised principal associate Kartikeya Singh and associate Dakshita Arora. The incorporation of the joint venture entity was also spearheaded by Trivedi, supported by principal associate Vandana Batra and associate Shubham Tandon.
“This transaction showcases our firm’s robust capabilities in cross-border joint ventures, strategic collaborations, and manufacturing sector transactions, and reaffirms our continued commitment to facilitating transformative business partnerships in India’s evolving infrastructure and mobility sector,” Dentons Link Legal said in a statement.
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