Tata Motors has demonstrated its leadership in innovation by achieving a record-breaking year for intellectual property creation. In fiscal year 2024, the company filed 222 patents and 117 design applications, the highest in its history, spanning across key automotive megatrends such as Connectivity, Electrification, Sustainability, and Safety (CESS).
Tata Motors also received a remarkable 333 patent grants within the same period, bringing its total tally of granted patents to over 850. This milestone underscores the company's prowess in pioneering technologies that enhance the driving experience while promoting safer and more sustainable automotive solutions.
The company's innovation drive has not gone unnoticed, as it received five prestigious accolades and honors of global repute in FY24 for its excellence in intellectual property rights (IPR). These recognitions validate Tata Motors' strategy of integrating cutting-edge technology with user-centric design to push the boundaries of what is possible in the automotive industry.
Rajendra Petkar, President & Chief Technology Officer at Tata Motors, commented on the achievement, 'Our record number of patents filed and granted this year is a testament to Tata Motors’ unwavering commitment to research and innovation. As we continue to redefine automotive excellence, our focus remains on developing technologies that not only meet but exceed the expectations of our consumers and contribute positively to the environment.'
As Tata Motors continues to lead the way in automotive innovation, its focus on intellectual property not only enhances its competitive edge but also ensures it remains a key player in the global shift towards sustainable and intelligent mobility solutions. The company's strategic emphasis on connectivity, electrification, and safety is poised to drive further advancements in the automotive industry, setting the stage for newer, more efficient, and safer vehicles in the years to come.
Also Read
Tata Passenger Electric Mobility & Vertelo Partner To Drive E-Mobility Expansion In India