It was a 50:50 joint venture between Tata AutoComp Systems Limited (TACO) of India and Faurecia Automotive Holdings of France.

The company designed and developed seating systems, dashboards, car doors, bumpers and other components for Faurecia's clients, which include BMW, Mercedes-Benz, Ford Motor Company, General Motors, Peugeot Citroën, Renault Nissan, Toyota, the Volkswagen group, Chrysler and Hyundai-Kia.

The TACO group offers a range of products and services in the field of auto components to automotive vehicle manufacturers all over the world.

Headquartered in France, Faurecia is the second-largest automotive supplier in Europe and the ninth-largest in the world.

The company specializes in the design, production and assembly of seats, cockpits, doors, exhaust systems, acoustics and front ends.