Tata Motors Ltd announced a joint venture with BMW Group for the development of software for the German luxury automaker. Tata Technologies said the joint venture would aid BMW Group in engineering premium products, delivering great digital experiences for its customers and propelling its digital transformation journey.

The focus would be on delivering automotive software, including software-defined vehicle (SDV) solutions for its premium vehicles and digital transformation solutions for business IT, Tata Technologies said.
In the new company that will be incorporated, each partner will hold 50 per cent stake.
The share rose 7 per cent on April 2 after it announced a joint venture.