110.50 (2.01%) Engineering and industrial design services provider Tata Elxsi, a Tata Group company, is reportedly planning to buy smaller companies in areas such as automotive, media and healthcare, helping it grow business faster. The over Rs 1,000 crore company has built capabilities to provide niche automotive design services for driver-less cars and telematics for connected cars.
Tata Elxsi provides system integration and software development. The company caters to various industries such as aerospace, consumer electronics, entertainment, FMCG, telecom etc.