Tata Motors Sets New Industry Benchmark with Record 222 Patents Filed and 333 Grants in FY24

Tata Motors, India’s leading automobile company, has yet again achieved a significant milestone towards intellectual property rights (IPR) creation with a record-breaking number of 222 Patents and 117 Designs applications filed during the year FY24, highest in its history. These filings span across a wide spectrum of product and process innovations, addressing key automotive megatrends such as Connectivity, Electrification, Sustainability, and Safety (CESS). They also cover various vehicle systems such as powertrain, body & trim, suspension, brakes, HVAC, and emission control. Tata Motors also received its highest ever grant of 333 patents during the same period, taking its total tally of granted patents to over 850.

Tata Motors’ strong commitment to engineering excellence, cleaner powertrains, design, connectivity, and intelligent safety features ensures that its innovations seamlessly align with real-world needs. By prioritising both consumer well- being and environmental stewardship, the company’s purposeful research and innovation efforts have yielded more efficient, greener and safer vehicles, benefiting end-users and transforming the industry. In FY24, Tata Motors received five prestigious accolades and honors of global repute for its excellence in intellectual property rights (IPR).

Commenting on the milestone, Rajendra Petkar, President & Chief Technology Officer- Tata Motors expressed, "Tata Motors’ unwavering commitment to research and innovation has propelled us to new heights in innovation & value creation through intellectual property. With a record number of patents filed and granted, we continue to redefine automotive excellence. Our cutting-edge technologies, greener vehicles, and customer-centric approach position us as trailblazers in the industry. As mobility evolves, Tata Motors remains at the forefront, shaping a smarter, more connected future for all.”

Part of the USD 150 billion Tata group, Tata Motors Limited (BSE: 500570 and 570001; NSE: TATAMOTORS and TATAMTRDVR), a USD 42 billion organization, is a leading global automobile manufacturer of cars, utility vehicles, pick-ups, trucks, and buses, offering an extensive range of integrated, smart, and e-mobility solutions. With ‘Connecting Aspirations’ at the core of its brand promise, Tata Motors is India’s market leader in commercial vehicles and ranks among the top three in the passenger vehicles market.

Tata Motors strives to bring new products that captivate the imagination of GenNext customers, fuelled by state-of-the-art design and R&D centres located in India, the UK, the US, Italy, and South Korea. By focusing on engineering and tech- enabled automotive solutions catering to the future of mobility, the company’s innovation efforts are focused on developing pioneering technologies that are both sustainable and suited to the evolving market and customer aspirations. The company is pioneering India's Electric Vehicle (EV) transition and driving the shift towards sustainable mobility solutions by developing a tailored product strategy, leveraging the synergy between Group companies and playing an active role in liaising with the Government of India in developing the policy framework.

With operations in India, the UK, South Korea, Thailand, South Africa and Indonesia, Tata Motors markets its vehicles in Africa, the Middle East, Latin America, Southeast Asia, and the SAARC countries. As of March 31, 2023, Tata Motors’ operations include 88 consolidated subsidiaries, two joint operations, three joint ventures, and numerous equity-accounted associates, including their subsidiaries, over which the company exercises significant influence.