The Gurgaon-based tyre major has received accreditation for the wet grip and coast by noise tyre tests on the track. It has already been aggressive in the European market with two manufacturing plants and one R&D centre. With investments, Apollo Tyres is ramping up its testing capabilities to develop tyres for across the segments, including premium passenger, commercial vehicles, high-end motorcycles and off-highway tyres. “The tyre manufacturers are depending on the international labs for advanced characterisation and labelling tests specific to tyres. Thus, investment in both advanced tyre testing as well as labelling infrastructure is needed in this country for quick product development, not only for compliance to latest Indian regulations but also to meet the stringent regulations in other countries and thereby promoting tyre export,” says Daniele Lorenzetti, Chief Technology Officer, Apollo Tyres Ltd in an interview with Motoring Trends.

Last month, Apollo Tyres became the first Indian tyre manufacturer to get the coveted accreditation from NABL for outdoor labelling tests in India. The company has now been accredited with ISO/IEC 17025 for the wet grip and coast by noise tyre tests on the track. This accreditation is extended for testing different tyre categories for vehicles such as passenger, light truck, commercial (C1, C2 & C3) classes, farm and motorcycle. This testing capability is linked to the Indian government’s plan to implement the ‘Star Rating’ of tyres, in line with the tyre labelling regulation in Europe.

According to Daniele Lorenzetti, Chief Technology Officer, Apollo Tyres Ltd, the growing focus of the automobile manufacturers on fuel efficiency, higher performance on ride and comfort, and safety is fuelling demand for more tyre component level testing. “Light-weighting in automobiles can alter transfer path for noise and vibration into the cabin, calling for corresponding modification in tyre design. Along with the introduction of AIS 142 standard, similar to EU R117 for labelling of the tyre, huge outdoor testing infrastructure is required, especially in proving grounds,” said Lorenzetti.

Electric Vehicle (EV) related challenges of higher weight, NVH concern, higher torque requirement and subsequent wear rate and battery life would be substantial concerns to tackle during the development process, stated the Apollo Tyres executive. “Similarly, for reducing the number of physical tests, simulation and modal development need to be evolved. Adequate testing infrastructure for validation of simulation and advanced characterisation is also simultaneously required. Hence, more indoor advanced testing infrastructure is required for NVH (Noise, Vibration and Harshness), F&M (Force and Moment) and traction performance validation,” added Lorenzetti.

Today, safety and convenience features are not limited to premium vehicles but are also provided in mid-level and entry-level vehicles, and the same trend is evident in India. Hence, while increasing capability, testing capacity also needs to be enhanced, thinks Lorenzetti.

Indian tyre manufacturers and testing services have basic levels of testing capacity such as safety requirements, durability, braking strength and dimensions. With the Indian government’s NATRIP (National Automotive Testing and R&D Infrastructure Project), vehicle and component level testing facilities have improved. “The tyre manufacturers are depending on the international labs for advanced characterisation and labelling tests specific to tyres. Thus, investment in both advanced tyre testing and labelling infrastructure is needed in this country for quick product development, not only for compliance to latest Indian regulations but also to meet the stringent regulations in other countries and thereby promote tyre export,” explained Lorenzetti.

Like the automobile industry, the tyre industry’s evolution at a broader level depends on economic, social, cultural, technological and climatic changes. The Indian tyre Industry is also evolving with the Indian macro-economic growth, advancements in technology, increasing emphasis on sustainable environmental practices and policy, and institutional and regulatory requirements.

Currently, the tyre industry is going through a highly challenging period, with lockdowns across Indian states owing to the second wave of the Covid-19 pandemic. While this impacts the demand side, pressure on the margin front is also felt due to the rising raw material prices.

However, with the Indian government’s reinvigorated policies and programmes such as “Atmanirbhar Bharat”, localisation push, EV subsidy, economic stimulus package to thwart pandemic crisis and vehicle scrappage policy, the automotive industry in India is poised to grow at a higher trajectory. “Shift in customer preference to private vehicles from public transport and shared mobility owing to Covid might also generate an uptick. We are optimistic with the and its positive effect on the tyre industry,” said Lorenzetti.

Tyre technology is also evolving in tandem with the automobile industry to pursue higher fuel efficiency, higher performance, driver safety, vehicle stability, light-weighting and heavy load carrying capacity. Additional advanced features such as vehicle connectivity and electrification of functions are also taking place at OEMs, which calls for intelligent talking tyres.

“Unlike in the past, the Indian vehicle market is now fast evolving. Earlier, customers had very few variants/choices available. Now, many models are introduced that call for higher bandwidth of resources. The premium segment is also poised for faster growth, and so comfort, without compromise on traction and durability, is added into the performance requirement list for tyres,” said Lorenzetti.

Indian government’s policies and regulations for sustainable growth are now major drivers for evolution in India. It has already issued a draft notification proposing new tyre norms as a part of the Automotive Indian Standards (AIS) 142:2019. The proposal states that tyres of all cars, buses and trucks shall meet the requirements of rolling resistance, wet grip and rolling sound emissions, in line with the limits of the European regulations.

Virtual testing is also gaining traction in the auto industry as it saves development time and money and gives flexibility to engineers. Global launches, stiff competition, legal compliance to emissions, demand for more electrification and self-driven vehicles push the development process shorter than ever. The time available for development is becoming shorter and shorter. At the same time, the demands set for the characteristics of a car are becoming increasingly stringent, as is the bandwidth required for various models and variants of vehicles. So, virtual proving is the key to faster product development while tackling tyre testing capacity constraints.

“However, simulation is as good as its verification and validation. Verification is the process of determining that a model implementation and its associated data accurately represent the developer’s conceptual description and specifications. Validation is the process of determining the degree to which a simulation model and its associated data are an accurate representation of the real world from the perspective of the intended uses of the model. Hence, adequate characterisation testing capability is also simultaneously required for wide-spread application of simulation,” said the CTO of Apollo Tyres.

Apollo Tyres is an Indian company that has been expanding aggressively in the European market. Today, the company has seven manufacturing plants – five in India and two in Europe (Hungary and the Netherlands).

Being a preferred partner for global OEMs, Apollo Tyres is continuously enhancing testing capabilities at its state-of-the-art R&D centres. With the two global R&D centres at Chennai, India and Enschede, Netherlands, the company aims to meet discerning OEM needs. “With the synergies between the two R&D centres, and its advanced testing capabilities, we continuously develop winning products and new technologies while also being at the forefront of meeting new regulatory requirements,” said Lorenzetti.

The company’s extensive investments in tyre testing not only help it in developing tyres for premium luxury passenger and commercial vehicles but also high-end motorcycles and off-highway tyres (OHT). “At our R&D centre, characterisation capabilities are continuously developed for the determination of traction, NVH, F&M, ride and handling, comfort, tread wear, fuel efficiency, durability and footprint,” added Lorenzetti.

Automotive test centres with large proving grounds funded by the Indian government are already evolved in India. Its NATRIP project aims to create core global competencies in the automotive sector in India by facilitating seamless integration of the Indian automotive industry with the world through setting up of state-of-the-art automotive testing, homologation and R&D infrastructure facilities.

Collaborations at various levels are also taking place to further enhance the vehicle test centres to tyre-specific test facilities. Earlier, Apollo collaborated with one of the test centres of the Indian government to pioneer the indigenisation of tyre labelling and certification tests in India. Similar collaboration would be beneficial for the industry to evolve faster.

“While large vehicle OEMs have their own limited proving grounds, the massive investment and maintenance requirement for this kind of infrastructure may be challenging for tyre companies to set up. Though collaboration among leading tyre companies would be a welcome scenario, the scale and size of the industry need to be evolved for such a tie-up,” said Lorenzetti.

The EV segment brings its own challenges with the higher weight of vehicles, NVH concern due to fewer and lesser noisy components, higher torque requirement and subsequent wear rate, and battery life. Apollo Tyres is gearing up for the same with capital intensive testing facilities such as “flat track” for traction, F&M tests and hemi-anechoic chamber for NVH tests. Apollo Tyres’ test machines are specially designed with multiple features, such as the very high torque ramp-up rate to match the futuristic EV requirements.

“It is heartening to note that major premium OEMs wholeheartedly partner with Apollo Tyres for joint development of products, featuring advanced technologies and engineering. We are committed in our endeavour to be the trusted partner for our esteemed customers and society at large by enhancing value with best-in-class efficiency through sustainable models for environment conservation,” said Lorenzetti. (MT)

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Astranova Mobility, an electric vehicle (EV) financing and asset management platform, has raised INR 600 million in a Series A equity funding round. The investment was led by IvyCap Ventures, with participation from existing investors Asian Development Bank and Advantedge Founders, as well as Silicon Valley-based Trucks Venture Capital.

Founded in 2023 by Kunal Mundra and Grip Invest, Astranova Mobility provides financing and operational services for commercial electric vehicles. The company’s portfolio includes two-wheelers, cars, buses and heavy-duty trucks. To date, the platform has enabled the deployment of over 25,000 EVs with an asset value exceeding INR 3.6 billion.

The company’s "full-stack" platform includes EV financing and leasing, asset selection and maintenance, proprietary data and technology dashboards, and operational support.

The capital will be used to enhance the company's data, AI, and engineering capabilities. Astranova aims to increase its scale fivefold over the next 18 months, with a long-term goal of enabling USD 1 billion in EV deployments over the next four years. The partnership with Trucks VC is intended to provide access to technical expertise from the United States automotive technology ecosystem.

Kunal Mundra, Founder and CEO, Astranova Mobility, said, “We are delighted to welcome IvyCap Ventures as a partner on this journey. Their deep experience and strong track record in the Indian startup ecosystem, combined with best-in-class access to institutional capital and engineering capabilities through institutions such as the IITs, will be a key differentiator for Astranova. With this fund raise, we have simultaneously unlocked significant debt capital and are now all set to grow over 5x in the next 18 months which will create a strong foundation for us to enable the deployment of USD 1 Bn EVs in the next 4 years and accelerate India’s transition to net zero.”

Vikram Gupta, Founder and Managing Partner, IvyCap Ventures, added, “Astranova Mobility is a strong enabler of India’s clean mobility transition, combining data-driven insights, financing strength, and deep sector expertise. Their rapid execution and clear vision for the commercial EV segment position them well to scale sustainable transportation nationally. We’re delighted to partner with them on this journey.”

Puneeth Meruva, Partner at Trucks Venture Capital, commented, “India’s transition to commercial electric vehicles will require over USD 100 billion in financing. Yet, traditional lenders lack the expertise to underwrite EV assets, while small fleet operators remain underserved due to limited credit access. Astranova addresses this gap through a data-first, full-stack platform spanning leasing, asset management, and maintenance.”

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German luxury brand BMW Group India has recorded its highest-ever Q1 sales, delivering 4,567 cars in the first three months of CY2026. This represents a 17 percent YoY increase, with every month in the quarter achieving record performance levels.

The Group maintains a 70 percent market share in the Indian luxury electric vehicle (EV) segment. In Q1, the company sold 1,185 BMW and MINI EVs, marking an 83 percent YoY growth. Currently, 1 in 4 vehicles sold by BMW in India is an electric model, with EV penetration reaching 26 percent of total sales.

The company’s electric portfolio includes 6 cars and 2 scooters, supported by a network of over 6,000 charging points nationwide. Initiatives such as Destination Charging and Smart E-Routing have been implemented to support the transition to luxury electric mobility.

As per the luxury brand, it observed growth across several specific vehicle categories:

• Long Wheelbase (LWB) Range: LWB models accounted for over 50 percent of total sales, with 2,256 units delivered, which marks 23 percent YoY increase.
• Sports Activity Vehicles (SAV) segment grew by 38 percent YoY, totalling 2,966 units and representing 65 percent of the group's car sales.
• MINI: The brand delivered 213 units, achieving 42 percent growth.
• BMW Motorrad: The motorcycle division delivered 1,216 units, led by demand for the G 310, S 1000 and GS series.

BMW Group India has planned 27 product launches for 2026, covering all-new models, facelifts and limited editions. Four models were introduced in Q1, including the BMW M2 CS and BMW X3 30, with a further eight launches scheduled for the second quarter.

Under its Retail.NEXT strategy, the group plans to expand its presence by adding 19 outlets across 18 cities this year. The current network comprises 97 touchpoints in 40 cities. Additionally, BMW India Financial Services financed 25 percent of the vehicles sold in Q1, offering products with assured buy-back values of up to 74 percent.

Hardeep Singh Brar, President and CEO, BMW Group India, said, “BMW Group India has entered 2026 in an extremely strong position. We have achieved our highest-ever Q1 sales, registering solid double-digit growth, despite macroeconomic and geopolitical headwinds. Our lead in India’s luxury electric mobility also continues thanks to the immense trust our valued customers have put in our electric offerings in terms of performance, EV ecosystem and technology. We are geared to a pulsating 2026 that will be marked by our most ambitious product offensive, with 4 already launched and 23 more to go. Sustaining this momentum into long-term success, our unwavering focus on customer experience, aftersales and brand connect will be taken to the next level. With each new car, we aim to deliver JOY to our customers who enable this success story for BMW Group India.”

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The Indian automotive retail sales has grown 13 percent YoY with 29.6 million vehicles sold across segments in FY2026, as compared to 26.1 million units a year ago. Barring the construction equipment segment (-12 percent YoY), all segments clocked a healthy double-digit growth as per the latest data shared by the Federation of Automobile Dealers Association (FADA India).

Sales data for March 2026 points out to a robust 25.28 percent YoY growth with 2.69 million vehicles sold, as compared to 2.14 million units sold a year ago. The growth was seen across the two-wheeler segment (+28.69 percent YoY), three-wheelers (+10.52 percent YoY), passenger vehicle (+21.48 percent YoY), tractor (+10.87 percent YoY) and commercial vehicle (+15.12 percent YoY).

On the other hand, the e-rickshaw (passenger) and construction equipment industry reported a negative growth of 19.73 percent YoY and 16.17 percent YoY, respectively.

For FY2026, the two-wheeler sales came at 21.4 million units, an uptick of 13 percent YoY, as compared to 18.8 million units sold a year ago. Three-wheeler sales came at 1.36 million, up 12 percent YoY, as compared to 1.22 million units sold a year ago.

Interestingly, passenger vehicle sales grew by 13 percent YoY with 4.7 million units sold, as compared to 4.16 million units sold in FY2025. The tractor industry surpassed 1 million units with 1.05 million sold up 19 percent YoY, as compared to 882,825 units sold last year.  

C S Vigneshwar, President, FADA, said: “FY 2025-26 has been a landmark year for Indian auto retail — delivering an all-time high of 2,96,71,064 units with a broad-based 13.30 percent YoY growth that saw 5 of 6 vehicle categories set new annual records. This is not just a number — it represents the industry approaching the 3-crore mark, a milestone that would have seemed distant just two years ago. What makes this year particularly significant is that the growth was structurally sound, underpinned by improving affordability, widening mobility demand across urban and rural India, and a diversifying powertrain mix.”

He further pointed out that the sales performance for the year was not linear. “The first five months (April through August) were a period of measured momentum, with monthly growth ranging between 2 percent and 5 percent as the market navigated residual caution from the previous year’s sluggish inventory cycle, selective financing constraints and consumer wait-and-watch behaviour in anticipation of policy clarity. During this phase, enquiries remained tentative, conversions stayed uneven and the dealer community exercised understandable restraint,” he explained.

GST Rationalisation 

The FADA president highlights that the turning point arrived in September with the implementation of GST 2.0, which meaningfully reduced the effective tax burden on mass-segment two-wheelers, small cars, three-wheelers and select commercial categories – improved real affordability at a time when the consumer was already positioned to respond.

“From September onwards, we witnessed a clear inflection: the festive convergence of Navratri and Diwali in October delivered an all-time record monthly retail of over 4 million units, and the momentum carried through the remainder of the year. January, February, and March 2026 each registered strong double-digit YoY growth, validating that the upshift was not merely festive but structural,” he said.

The retail sales highlights in FY2026 for the automotive industry include – two-wheeler retails reaching pre-pandemic peaks. Passenger vehicles crossed the 4.7-million mark for the first time, growing by 13 percent. This was supported by a shift towards SUVs and alternative powertrains.

Tractor sales at record high surpassing million-unit mark for the first time due to a strong monsoon and improved farm economics.

Commercial vehicles too surpassed the million-unit mark with 11.74 percent growth, led by infrastructure demand.

Three-wheelers set a third consecutive annual record with 11.68 percent growth, where electric vehicle (EV) penetration now exceeds 60 percent.

The shift towards cleaner energy deepened throughout the year. Total EV retails reached 2.45 million units, a 24.63 percent expansion. EV market share rose to 6.54 percent in two-wheelers and 4.25 percent in passenger vehicles. CNG also strengthened its position, accounting for 21.98 percent of PV sales.

Inventory management for passenger vehicles improved, with stock levels correcting from over 50 days to approximately 28 days by March 2026. This healthily aligns wholesale dispatches with actual ground demand.

Outlook and Risks

The auto retailer body has maintained a cautiously positive outlook for FY2027, with 74.72 percent of dealers expecting growth for the full year. However, the industry is monitoring risks including the geopolitical situation in West Asia, which has caused supply disruptions for 53.2 percent of dealers. Rising fuel prices and potential logistics delays remain primary concerns for the near term.

FADA hence remains constructively cautious — structurally optimistic but operationally watchful for the next three months.

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Alpine has appointed Massimo Fumarola as Vice President Strategy & Product Performance, with effect from 1 April 2026. He will become a member of the Alpine Management Committee and report directly to CEO Philippe Krief. Fumarola replaces Sovany Ang, who is moving to a new position elsewhere within Renault Group.

Bringing more than three decades of international automotive experience, Fumarola has deep knowledge in product and portfolio strategy, project management, product development and premium brands. His career includes leadership roles at IVECO, CNH Industrial, Ferrari, Audi, Lamborghini and most recently as CEO of Morgan Motor Company, where he led that brand’s strategic turnaround.

Since joining Renault Group in 2025, he has served as Director of Renault Couture while also handling broader product and project management duties. In his new capacity, Fumarola will shape Alpine’s long‑term plans and product strategy, ensuring that brand identity, technological advances, market trends and future vehicle development remain closely aligned.

Holding a Master’s in Engineering of Industrial Technologies from Politecnico di Milano and an MBA from Cranfield University, Fumarola combines technical grounding with strategic leadership, international perspective and P&L experience. His background in high‑performance, premium and luxury vehicles will be crucial as Alpine pursues its goal of becoming a distinctive electric brand focused on performance.

Krief said, “First of all, I would like to thank warmly Sovany for her dedication, commitment and support over the last years, it has been a pleasure to collaborate with her and her team. While I wish her all the best, I will not forget her and she is now next door. I am now looking forward to working closer with Massimo. His solid expertise combining product, strategic vision and customer experience with high-end sportscars brands will certainly help us to deploy our new strategy and future product portfolio. Massimo is joining at an exciting time for the brand, as we are just starting to unveil our Alpine Performance Platform, which will be our strongest asset for our upcoming product range.”

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