KPIT Technologies - The Best IT Outsourcing Company in 2019

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KPIT Technologies first set up shop in 1990 when a couple of chartered accountants had teamed up to begin an IT outsourcing company. They thought the outsourcing boom would trickle into the automotive industry too. After a few mergers and D mergers in 2019, they decided to focus squarely on this auto tech business. Their regular IT business was growing at a measly rate.

Last week, Tata Technologies announced that it had filed its papers for an IPO. Think of Tata Tech as the company that supplies a bunch of tech that goes into engineering Tata Motors and making the supply chain of Jaguar Land Rover more efficient.

Now we don’t know when the Tata Technologies IPO will happen. And when it does, we’ll probably do a full-fledged explainer on it. But in the meantime, when we went down the rabbit hole of Tata Tech’s Draft Red Herring Prospectus, it opened our eyes to the world of auto technology stocks. And we found one listed company staring right in our faces — KPIT Technologies.

So in today’s episode for 18th March 2023, we explore the growing role of these auto tech companies in our lives.

Also, before we start today's story, a quick sidenote from team Ditto. If you're someone who has prior experience in a customer facing role and are really proficient in Microsoft Excel, Ditto is looking to hire an Operations Analyst. So if you're interested or know someone who is, please click the link here - https://joinditto.freshteam.com/jobs/JPLGBWyTfRU3/operations-analyst