Home vehicle majors Mahindra & Mahindra and Tata Motors have obtained a file variety of patent approvals for a large spectrum of product and course of improvements within the final monetary yr. Mahindra & Mahindra (M&M) obtained 674 approvals, its best-ever annual efficiency, whereas Tata Motors additionally witnessed the grant of 333 patents throughout the 2023-24 monetary yr.
M&M mentioned it has obtained a file 674 patents in 2023-24, with the bulk coming in from the Indian Patent workplace.
“We perceive the significance of being future-ready; due to this fact, we now have made vital R&D investments to make sure that we keep forward of the curve by way of expertise and expertise,” M&M ED & CEO (Auto & Farm Sectors) Rajesh Jejurikar mentioned.
The auto main has thus far been conferred 1,185 patents throughout a number of geographies.
As of March 31, 2024, the corporate has 193 purposes awaiting patent approval. Cumulatively, it has filed 2,212 patent purposes up to now.
M&M’s patents cowl a variety of features, reminiscent of powertrain (ICE & EV), car mechanical programs, electronics, manufacturing processes, electrical tractors, and superior engineering, amongst others.
Tata Motors additionally obtained its highest-ever grant of 333 patents over the past fiscal, taking its whole tally of granted patents to over 850.
The corporate has additionally filed 222 patents and 117 design purposes in FY24, the best in its historical past.
The filings span throughout a large spectrum of product and course of improvements, addressing key automotive megatrends reminiscent of connectivity, electrification, sustainability, and security (CESS).
The patents additionally cowl varied car programs reminiscent of powertrain, suspension, brakes and emission management.
Tata Motors President & Chief Know-how Officer Rajendra Petkar mentioned, with a file variety of patents filed and granted, the corporate continues to redefine automotive excellence.
“As mobility evolves, Tata Motors stays on the forefront, shaping a wiser, extra related future for all,” he added.