Dentons Link Legal acted as legal counsel to Škoda Group, a leading global manufacturer of transportation solutions, in relation to its strategic 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 of the joint venture, negotiation and finalization of the definitive agreements, including alignment with Indian regulatory and corporate compliance requirements. Our team also advised on the incorporation of the joint venture entity in India.
Special thanks to the stellar teams at Škoda Group and Tata AutoComp Systems Limited for their seamless collaboration, responsiveness, and trust throughout the transaction.
The Dentons Link Legal team was led by Anuj Trivedi (Partner). The transaction team comprised Kartikeya Singh (Principal Associate) and Dakshita Arora (Associate). The incorporation of the joint venture entity was also spearheaded by Anuj Trivedi (Partner), supported by Vandana Batra (Principal Associate) and Shubham Tandon (Associate).
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.
The deal has been widely covered in the media:
Business Standard:
Tata AutoComp, Skoda Group form JV to make rail propulsion systems
in India | Company News - Business Standard
Economic Times:
TATA AutoComp, Skoda Group set up JV to manufacture railway
components in India - The Economic Times
Financial Express:
Tata Autocomp, Skoda Group ink JV to make railway components in
India - Industry News | The Financial Express
NDTV:
Tata AutoComp-Skoda Joint Venture To Build Railway Components In
India
Hindu Business Line:
TATA AutoComp, Škoda form JV to build railway propulsion
systems in India - The Hindu BusinessLine