Genesys International Corporation Ltd has secured a landmark 6-year contract worth ₹173.8 crore from Tata Motors Passenger Vehicles Ltd for Native Navigation and ADAS maps integration into its Software-Defined Vehicle platform for Indian vehicles. Revenue ties to per-unit licensee fees, signaling geospatial prowess in auto tech evolution.
Contract Breakthrough
Genesys International, a Mumbai-based geospatial leader, clinched this high-value deal via email from Tata Motors Passenger Vehicles Limited (TMPVL). The agreement focuses on supplying Standard Definition Maps for native navigation and High-Definition Maps for Advanced Driver Assistance Systems (ADAS), enhancing vehicle intelligence across India. Spanning six years, it aligns with India's automotive shift toward software-defined vehicles, positioning Genesys as a key enabler of safer, smarter mobility.
Key Highlights
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Deal Value & Duration: ₹173.8 million (₹173.8 Cr), executable over 6 years.
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Core Supplies: Native Navigation (SD maps) + ADAS (HD maps) for TMPVL's SDV platform.
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Revenue Model: Licensee fees per automobile sold, linking growth to Tata's sales success.
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Market Scope: Domestic contract for Tata vehicles in India; no related party ties.
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Stock Reaction: Shares traded at ₹577.55 (BSE), with ₹70.76 Cr turnover amid volatility.
Sources: EquityBulls.com, ScanX.Trade, AutoCarPro.in