- Droupadi Murmu
- Padma Vibushan
- Osamu Suzuki
- Maruti Suzuki India
- Toshihiro Suzuki
- Suzuki Motor Corporation
President Of India Droupadi Murmu Posthumously Honours Osamu Suzuki With Padma Vibushan
- By MT Bureau
- April 29, 2025
The President of India, Droupadi Murmu, has posthumously conferred Padma Vibhushan, one of the highest civilian awards, to Late Osamu Suzuki, Former Chairman, Suzuki Motor Corporation and Former Director & Honorary Chairman, Maruti Suzuki India, in a formal conferment ceremony at the Rashtrapati Bhawan in New Delhi on 28 April 2025.
The Padma Vibushan was conferred to Osamu Suzuki for his outstanding contribution in the field of trade and industry. The award was accepted by Toshihiro Suzuki, Representative Director and President, Suzuki Motor Corporation on behalf of his late father.
Toshihiro Suzuki, said, “My sincere gratitude to the Honourable President of India and the Government of India for awarding the prestigious Padma Vibhushan to my father, Osamu Suzuki, Former Chairman, Suzuki Motor Corporation. I have just received this high-level award on his behalf, and I am deeply honoured. I believe he is, from heaven, looking back fondly on the 45 years he spent with India, his second home.”
“This award goes not only to my father, but also to all the people who have worked at Suzuki, Maruti Suzuki and all our business partners, who have supported us in this journey. My father must be feeling very proud today. I am also feeling extremely proud to receive this award. All the employees at Suzuki and Maruti Suzuki and our business partners must be feeling proud of this recognition. This award also expresses thanks to the ‘love of Indian people towards Suzuki’. This award belongs to all of you.”
“We, at Team Suzuki, will carry forward the commitment of Osamu Suzuki with the same passion to bring inclusive and sustainable mobility solutions that will be loved by the people of India,” he added.
Osamu Suzuki played a key role in driving the Indian automotive industry, especially the passenger vehicle segment. Under his leadership, Maruti Suzuki began manufacturing passenger vehicles with around 100,000 units per annum capacity in 1983.
The company is now one of the largest passenger vehicle manufacturers not just in India, but globally. It was last year that the company reached a cumulative production milestone of 30 million units, an annual production of 2 million units and exporting over 3 million units cumulatively today.
Kia India Launches Digital Passport For Verified Vehicle Health Reports
- By MT Bureau
- April 24, 2026
Kia India has introduced Digital Passport, a new customer-centric feature aimed at improving vehicle ownership transparency. Available through the Kia Connect app under the ‘New Services’ tab, the digital tool provides a secure, data-driven vehicle health report that covers a vehicle’s complete lifecycle. Priced at INR 399 plus applicable taxes, the service is offered as a three-month subscription.
As customers increasingly seek transparency and trust in vehicle management, the automaker designed Digital Passport to solve the problem of fragmented vehicle data spread across multiple platforms. The feature consolidates essential information into a single, verified report that includes a clear health summary and an easy-to-understand vehicle health score, offering a reliable view of the vehicle’s overall condition. Key data points covered are service history, accident and repair records, driving insights and warranty status.
By bringing all essential vehicle information onto one platform, Digital Passport provides a verified, data-backed picture of a vehicle’s true state, enhancing confidence in its value. The feature strengthens engagement with the Kia Connect ecosystem while delivering convenience and peace of mind throughout the ownership journey.
Atul Sood, Senior – Vice President Marketing & Sales, Kia India, said, "At Kia India, we continuously strive to enhance the ownership experience through meaningful digital innovations. Digital Passport brings greater transparency and reliability to vehicle information, reinforcing customer confidence and trust. This initiative reflects our commitment to delivering technology-led solutions that simplify ownership and strengthen long-term relationships with our customers."
Mahindra & Mahindra Reports Twenty-Fold Surge In Granted Patents Over Decade
- By MT Bureau
- April 23, 2026
Mahindra & Mahindra (M&M) has reported a twenty-fold surge in granted patents over the past decade, rising from just 56 patents accumulated since its inception through fiscal year 2016 to 1,334 by fiscal year 2026. The Indian automotive and farm equipment major attributed this leap to sustained investment in research and development, alongside a firm backing of the ‘Make in India’ initiative. As of March 2026, the company’s total patent applications reached 2,728, underscoring a systematic drive toward technological innovation and engineering excellence.
An analysis of the 1,334 granted patents reveals that 60 percent are linked to the automotive business, while the remaining 40 percent belong to the farm equipment division. The company’s application-to-patent conversion ratio has improved dramatically from just eight percent in fiscal 2016 to over 65 percent for applications filed in the last 10 years. This patent portfolio also includes filings from M&M’s subsidiary, Mahindra Electric Automobile Ltd, reflecting a broadening scope of intellectual property development.
Beyond the numerical growth in patents, M&M’s expanded research capabilities have enabled more immersive technological experiences for customers. The company has also garnered multiple prestigious accolades in the past year alone, including the CII IP Award for Best Patent Portfolio, recognition as one of India’s Top 50 Innovative Companies 2025, the CII National Award for Industry-Academia Partnership, the Questel IP Excellence Award and honours at the CMO Asia Awards 2025.
Venttup Appoints Former Tesla India Director Prashanth Menon As Strategic Advisor
- By MT Bureau
- April 23, 2026
Venttup, a Manufacturing as a Service (MaaS) company, has announced the appointment of Prashanth R. Menon as strategic advisor. He will work on the company’s strategy, expansion plans and growth roadmap, with a focus on profitability.
The company seeks to connect industries with manufacturing solutions from India and focuses on innovation to alter the manufacturing sector by aligning efficiency with the demand for sustainability.
Menon has experience in strategy, operations and business transformation. He previously served as Director – India at Tesla, where he managed the strategy for the company's entry into India and established its operations. He also served as Chairman of the Board for Tesla India.
Sandeep Nair, Co-Founder & CEO, Venttup, said, “We are excited to welcome Prashanth R. Menon to Venttup. His deep global experience in strategy and transformation, combined with his leadership in scaling global organisations, will help us accelerate our journey towards building a world-class manufacturing startup from India. We are focused on localisation and rapid development of critical components to support the growing deep-tech ecosystem."
Prior to his role in India, Menon was Director – Advisory at Tesla US, where he led teams focused on revenue, productivity and cost. Earlier in his career, he worked with EY, advising on corporate strategy, mergers and acquisitions, supply chain management and working capital.
Prashanth R. Menon, said, “I am impressed by the outlook and the energy of the Venttup leadership team, and their vision to build a sustainable and local supply chain to fulfill global needs. Venttup has a promising business model, and it is aligned with the Government of India’s “Make in India” initiative. I am looking forward to guiding the team in achieving their growth and operational goals.”
Menon will work with the founders and leadership team to shape the growth roadmap, drive expansion and manage scalability. He will also support investor engagement and partnerships.
Bhaskar Majumdar, Managing Partner, Unicorn India Ventures, added, “A warm welcome to Mr Menon to the Venttup Advisory team. His deep industry experience, decades of global exposure in the US, strong understanding of evolving global supply chain dynamics, and keen interest in contributing to India’s manufacturing deep-tech ecosystem will significantly strengthen Venttup’s scale-up strategy and growth journey."
L&T Technology Services Appoints Amitabh Kant And Rajeev Gupta To Board Of Directors
- By MT Bureau
- April 23, 2026
L&T Technology Services (LTTS) has officially announced the induction of Amitabh Kant and Rajeev Gupta to its Board of Directors, effective 22 April 2026. The appointments were finalised during the same board meeting where the company approved its FY2026 financial results, reporting a 14 percent revenue growth.
The additions to the Board aim to strengthen the company’s governance and strategic focus on ‘Engineering Intelligence’ and sustainable global growth.
Amitabh Kant is one of India’s most influential policy architects, previously serving as the CEO of NITI Aayog and as India’s G20 Sherpa. His 5-year term (extending to April 2031) is expected to provide strategic depth in innovation, sustainability and international economic transformation.
Rajeev Gupta, Executive Director has served as the Chief Financial Officer at LTTS since 2020. He has been promoted to the Board for a 3-year term and has nearly three decades of experience at firms like Amazon, PwC and Capgemini. He has been central to LTTS’ financial resilience and M&A strategy.
The leadership changes come as LTTS recalibrates its portfolio toward high-growth, technology-driven sectors. The company recently divested its Smart World and Communication (SWC) business to sharpen its focus on AI-integrated engineering services.
Amit Chadha, CEO & MD, L&T Technology Services, said, “We are delighted to welcome Amitabh Kant to the LTTS Board. His unparalleled experience in shaping India’s growth story, coupled with his forward-looking vision on innovation and sustainability, will be invaluable as we scale new heights globally. I also congratulate our CFO, Rajeev Gupta on his appointment to the Board. His strong financial stewardship and strategic acumen have been instrumental in strengthening LTTS’ growth trajectory, and we look forward to his continued contributions at the Board level.”
Rajeev Gupta, added, “I am honoured to be inducted into the Board of Directors at LTTS. It is a privilege to be part of such an esteemed group of Board Members and I look forward to contributing to the company’s continued growth and value creation journey.”

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