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Tata Motors Wants Blockchain Enabled Solutions From Startups

By Jesse Collins on Unsplash

Tata Motors has launched a program titled Tata Motors AutoMobility Collaboration Network 2.0 (TACNet 2.0). The automaker is calling for blockchain enabled solutions from startups. 

The solutions should help strengthen the entire automotive industry from parking marketplace, handling customer inquiries on chatbots to validating genuine parts across its supply chain.

Shailesh Chandra, president of Electric Mobility Business & Corporate Strategy at Tata Motors, said “almost every segment of the automotive value-chain is required to drive its own innovation story. As a leading Indian automotive brand, we need to constantly keep innovating to better serve the market, our customers and the categories we cater to.”

“In the current age of uncertainty and speed of change, we try to seek solutions to assist our businesses and other collaborations outside,” said Chandra.

The automaker has been partnering with startups for its innovation driven initiatives. During June this year, Tata Motors bought a 26% stake in logistics startup TruckEasy which aggregates truck provision services in one single mobile application. It also partnered with another startup “Zoomcar” to drive its Tata Tigor electric vehicles.

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