Tata Motors ties up with MDI for Air Car
Pune-based Tata Motors inks a pact with France's MDI to apply path-breaking technology, reports Deepak Joshi.india Updated: Feb 05, 2007 19:43 IST
In a bid to emerge as the automotive technology leader, Pune-based Tata Motors has signed an agreement with Moteur Developpment International (MDI) of France to apply MDI’s path-breaking technology - of engines powered by air - in India.
The MDI Group is headed by Guy Negre, who founded the company in the 1990s in pursuit of his dream to pioneer an engine using just compressed air as fuel.
Besides being perceived as the ultimate environment-friendly engine yet, it is efficient, cost-effective, scalable, and capable of other applications like power generation.
"The agreement between Tata Motors and MDI envisages Tatas supporting further development and refinement of the technology, and its application and licensing for India," a company release stated.
Commenting on the agreement, Guy Negre said, "MDI has for many years been engaged in developing environment-friendly engines. It is happy to conclude this agreement with Tata Motors and work together with this important and experienced industrial group to develop a new and cost-saving technology for various applications for the Indian market that meets with severe regulations for environmental protection.
"We are continuing the development with our own business concept of licensing car manufacturers in other parts of the world where the production is located close to the markets.
"We have also developed this technology for other applications where cost effectiveness combined with respect for environmental questions has our priority."
First Published: Feb 05, 2007 19:43 IST