Mahindra, Tata Motors Set Patent Approval Record
ECONOMY & POLICY

Mahindra, Tata Motors Set Patent Approval Record

In a noteworthy achievement, leading Indian automakers Mahindra & Mahindra and Tata Motors have received a record number of patent approvals in the fiscal year 2024. This milestone underscores the companies' commitment to innovation and highlights their efforts to strengthen their intellectual property portfolios.

Both Mahindra and Tata Motors have demonstrated a strong focus on research and development, investing in cutting-edge technologies and innovative solutions to drive competitiveness and sustainability in the automotive industry. The significant increase in patent approvals reflects the success of their R&D initiatives and their ability to develop novel technologies and solutions.

The patent approvals cover a wide range of areas, including vehicle design, engineering, electric mobility, and connected technologies. These patents are expected to bolster the companies' position in the market, enhance their product offerings, and support their growth and expansion strategies.

Mahindra and Tata Motors' success in securing a record number of patent approvals reaffirms their position as leaders in the Indian automotive sector. By continuously innovating and investing in research and development, both companies are poised to stay ahead of the curve and meet the evolving needs of customers and the industry.

The achievement also reflects the growing importance of intellectual property rights in the automotive industry and underscores the role of innovation in driving sustainable growth and competitiveness. As Mahindra and Tata Motors continue to innovate and expand their patent portfolios, they are well-positioned to shape the future of mobility and contribute to India's automotive sector's development and global competitiveness.

In a noteworthy achievement, leading Indian automakers Mahindra & Mahindra and Tata Motors have received a record number of patent approvals in the fiscal year 2024. This milestone underscores the companies' commitment to innovation and highlights their efforts to strengthen their intellectual property portfolios. Both Mahindra and Tata Motors have demonstrated a strong focus on research and development, investing in cutting-edge technologies and innovative solutions to drive competitiveness and sustainability in the automotive industry. The significant increase in patent approvals reflects the success of their R&D initiatives and their ability to develop novel technologies and solutions. The patent approvals cover a wide range of areas, including vehicle design, engineering, electric mobility, and connected technologies. These patents are expected to bolster the companies' position in the market, enhance their product offerings, and support their growth and expansion strategies. Mahindra and Tata Motors' success in securing a record number of patent approvals reaffirms their position as leaders in the Indian automotive sector. By continuously innovating and investing in research and development, both companies are poised to stay ahead of the curve and meet the evolving needs of customers and the industry. The achievement also reflects the growing importance of intellectual property rights in the automotive industry and underscores the role of innovation in driving sustainable growth and competitiveness. As Mahindra and Tata Motors continue to innovate and expand their patent portfolios, they are well-positioned to shape the future of mobility and contribute to India's automotive sector's development and global competitiveness.

Next Story
Infrastructure Urban

3i Infotech Reports Rs 7.25 Bn Revenue for FY25

3i Infotech, a leading provider of digital transformation, technology services and technology solutions, announced its consolidated financial results for the fourth quarter and full year FY25, ended on March 31st, 2025. The company maintained its growth momentum, displaying consistent progress for the 3rd consecutive quarter.In Q4 FY25, 3i Infotech reported revenue of Rs 1.87 billion, reflecting steady performance compared to Rs 1.81 billion in Q3 FY25 and Rs 1.97 billion in Q4 FY24. The company delivered strong profitability improvements, with gross margin growing by 14.8 per cent Q-o-Q and 1..

Next Story
Infrastructure Urban

Emerald Finance Joins Baya PTE to Boost SME Bill Discounting

Emerald Finance is a dynamic company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has entered into a strategic partnership with Singapore-based Baya PTE through its Indian subsidiary. This collaboration aims to strengthen bill discounting services for Small and Medium Enterprises (SMEs), enabling faster access to working capital and improved cash flow management.The initiative is designed to support SMEs that supply to large corporates such as JSW Steel, Delhivery, and PVR INOX, among others. By facilitating timely invoice dis..

Next Story
Infrastructure Urban

BLS E-Services Crosses Rs 5 Bn Revenue Mark in FY25

BLS E-Services, a technology-enabled digital service provider, announced its audited consolidated financial results for the quarter and full year period ended 31 March 2025.Speaking about the performance and recent updates, Shikhar Aggarwal, Chairman, BLS E- Services said, “We are delighted to report a remarkable performance in FY25, as we achieved several milestones during the fiscal year. FY25 marked our highest-ever financial performance, as we surpassed Rs 5 billion milestone in Total Income during the year, which was reported at Rs 5.45 billion, a notable YoY growth of 76 per cent. The ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?