Nidec Corporation announced that it has executed a memorandum of understanding (MOU) on July 22, 2024, with India's Tata Elxsi Ltd., a design and technology service provider.

 The execution of the MOU aims to enable Nidec to utilise Tata Elxsi's know-how and resources to accelerate Nidec's group-wide enhancement of its software development capability. Furthermore, the MOU intends for the company to develop software programmes for India and other markets, and examine how to localise Nidec products, while providing support for establishing and operating a global business base for the Nidec Group's software development in the future.

 Nidec stays committed to providing solutions by utilising its comprehensive drive technology for its diverse product lineup, ranging from small precision motors to ultra-large motors.

 Tata Elxsi is a Tata Group company that engages in design, technology development, system integration and software development. Tata Elxsi's technologies are adopted in autonomous driving and other types of advanced driver assistance systems, electrification, connected car solutions, and other automobile engineering-related services. It also provides services for broadcasting, telecommunications, healthcare, transportation and other industries.