India, July 2 -- The global automotive engineering services sector is witnessing rising outsourcing demand as automakers and Tier-1 suppliers increasingly rely on specialized ER&D firms for product development, embedded software, digital engineering, and AI-driven manufacturing transformation initiatives.

Shares of Tata Technologies Limited were trading at Rs. 716.65, up 6.93% on Thursday, pushing its market capitalization to Rs. 29,093 crore. The stock touched an intraday high of Rs. 720.85, while investor sentiment improved following the company's expanded global partnership with Tenneco.

Amid this shift, India has emerged as a major ER&D hub, while long-term partnerships are becoming key growth drivers for players like Tata Technolog...