- Renault Design Centre
- Renault Group
- Renault Nissan Technology & Business Centre India
- RNTBCI
- Renault India
- Laurens van den Acker
- Venkatram Mamillapalle
- Game Plan 2027
Renault Group Opens New Design Centre In India As Part Of Its Renault.Rethink Transformation Strategy
- By MT Bureau
- April 22, 2025
French auto major Renault Group has inaugurated its new Renault Design Centre in Chennai, as part of its new India-centric transformation strategy – renault. rethink.
The new design centre further strengthens the company’s ‘design in India’ and ‘make in India’ strategy. It is also expected to function as a hub of excellence, particularly due to its proximity to Renault Nissan Technology & Business Centre India (RNTBCI).
Laurens van den Acker, Chief Design Officer, Renault Group, said, "India is highly unique and locally driven. Having a dedicated design studio is essential to understanding its nuances, listening to its needs and building from its strengths. The Renault Design Centre Chennai will focus on developing models and concepts tailored to the Indian market while contributing to Renault Group’s global projects. By leveraging local talents and insights, this centre will play a key role in shaping Renault’s future mobility solutions. Its strategic location - at the heart of RNTBCI’s excellence hub - also enables closer collaboration across functions and faster integration of design into our engineering and innovation processes.”
Renault shared that the year 2025 marks an inflection point for the automaker in India, as it gears up to strengthen its presence in the world’s third-largest automobile market.
Venkatram Mamillapalle, Country CEO and Managing Director, Renault India Operations, said, "The launch of the 'renault. rethink' strategy heralds a new era for Renault in India. We are proud to be the most Indian of European carmakers, boasting the largest R&D centre, manufacturing unit, highly localised supply chain and now one of the largest design centres. The opening of new design centre in Chennai will play a crucial role in the deployment of the Renault International Game Plan 2027. Our commitment is to redefine our brand, product positioning, and customer experience to meet the evolving needs of our customers in the country, hence we recently witnessed the global debut of new ‘R store’ in Chennai, India."
It has renewed its commitment for India with a 90 percent localisation target, and the recent takeover of the alliance’s manufacturing plant RNAIPL.
In 2024, Renault Group clocked a record EUR 4.3 billion in profit, which is 7.6 percent of its revenue, and saw its revenue grow to EUR 56.2 billion, up 7.4 percent YoY.
Design & Engineering in India
At present, Renault Group’s Chennai R&D centre is one of its largest globally, with around 10,000 engineering working on global and local projects. Now, the Renault Design Centre Chennai extends over 1,500 metre and is equipped with the latest technologies. It features a high-tech environment designed for 3D model evaluation and virtual reality experiences, a next-generation visualisation studio, a creative collaboration zone, high-performance LED wall, advanced VR integration and a harmonious blend of European and Indian Design.
“renault. rethink is more than a sculpture – it’s a bold expression of Renault’s vision for India. It symbolises our commitment to innovation and to designing cars in India, for India. This artwork captures the energy of a nation in motion, a future taking shape, and Renault’s ambition to be part of this exciting journey,” stated Acker.
Automotive LiDAR Market To Reach $6.54 Billion By CY2031
- By MT Bureau
- April 28, 2026
The global automotive Light Detection and Ranging (LiDAR) market is projected to grow from USD 1.23 billion in 2025 to USD 6.54 billion by 2031, representing a compound annual growth rate (CAGR) of 32.09 percent says a report by Mordor Intelligence. The market value for 2026 is estimated at USD 1.63 billion.
This rapid expansion is attributed to the increasing adoption of Level 3+ autonomous driving systems, a reduction in sensor costs and more stringent global safety standards.
The report states that the shift from luxury-only integration to broader vehicle segments is being facilitated by several technological and economic factors:
- FMCW Technology: Frequency-Modulated Continuous Wave (FMCW) LiDAR enables a detection range of up to 400 metres.
- Performance Reliability: FMCW sensors capture both distance and motion, reducing signal interference in traffic and maintaining accuracy under strong sunlight.
- Cost Reduction: The price of solid-state LiDAR has fallen sharply due to silicon-based designs and automated manufacturing, making sensors accessible for mid-range and affordable vehicle segments.
- Economies of Scale: Increased production volumes are further driving down costs over time.
Adoption patterns vary significantly across global regions, influenced by local supply chains and regulatory environments. It finds that the Asia-Pacific region leads the market, with China at the centre of large-scale adoption. The growth is supported by government incentives for electric vehicles and strong local supply chains that accelerate production.
The North American market sees demand driven by autonomous trucking routes and hands-free driving features. Local manufacturing helps reduce import dependence, while Canada provides a testing ground for extreme weather conditions.
For the European region, while premium automakers lead in advanced integration, stricter regulations currently slow mass-market adoption across the continent.
Interestingly, it notes steady traction in the Middle East, Africa and Latin America, primarily driven by mining automation, smart city initiatives and fleet upgrades.
Phani Kumar, Senior Research Manager at Mordor Intelligence, said, "The automotive LiDAR market reflects steadily evolving adoption patterns shaped by regulatory direction and autonomous driving progress. Mordor Intelligence's structured validation approach and consistent triangulation of industry inputs provide a more dependable basis for strategic decisions than fragmented or assumption-led analyses."
Representational image credit: Pexels/Stephen Leonardi
LANXESS Inaugurates Specialty Lubricant Additives Plant In Gujarat, Partners IOCL Too
- By MT Bureau
- April 27, 2026
German chemicals major LANXESS has commissioned a new blending facility at its Jhagadia site to manufacture specialty lubricant additives for domestic and international markets.
The inauguration of the plant in Gujarat marks the first phase of development at the site. The facility is designed to serve India, currently the third-largest lubricants market globally, alongside the Middle East and other international regions. This expansion follows the establishment of the company’s Application Technology Centre in 2025 and aligns with its ‘local-for-local’ supply strategy.
In tandem with the plant opening, LANXESS signed a Memorandum of Understanding (MoU) with Indian Oil Corporation (IOCL) to introduce its lubricant technologies to the local market. The company also confirmed the commencement of third-party manufacturing activities for its Lubricant Additives business unit within India.
Dr Hubert Fink, Member of the Board of Management, LANXESS, said, “India stands at the forefront of global economic growth, offering significant opportunities across industries. LANXESS is committed to deepening our presence and investing in India’s future, aligning our long-term strategy with the nation’s dynamic potential. Through prudent investments and a focus on sustainable growth, we aim to contribute meaningfully to India’s evolving industrial landscape.”
Neelanjan Banerjee, Senior Vice-President and Global Head of the Business Unit Lubricant Additives, added, “India is the third largest lubricants market in the world and a key growth region for us. To participate in this key market, we set up our Application Technology Center in 2025. The commissioning of this new production site in India is a next milestone for us and a strong testament to the ‘Make in India’ initiative. With this plant we are reinforcing our strong commitment to our customers in the region.”
The new facility incorporates energy-efficient systems and safety protocols intended to support the increasing demand for industrial and mobility applications. By localising production, LANXESS aims to reduce lead times and enhance technical collaboration with regional customers.
- Hyundai Motor Group
- Korea International Cooperation Agency
- KOICA
- Ministry of Education and Training
- VIetnam
- Hyundai Thanh Cong Vietnam Auto Manufacturing Corporation
- Sung Kim
Hyundai, KOICA And Vietnam Partner To Build Automotive Technical Workforce
- By MT Bureau
- April 26, 2026
Hyundai Motor Group, the Korea International Cooperation Agency (KOICA) and Vietnam’s Ministry of Education and Training (MOET) have entered a trilateral strategic partnership to develop a high-skilled technical workforce in Vietnam.
Signed in late April 2026, the Memorandum of Understanding (MoU) establishes a training ecosystem designed to support Vietnam’s rapidly industrialising automotive sector.
The program, scheduled to run from the second half of 2026 through 2031, aims to create a ‘virtuous cycle’ by bridging the gap between vocational education and active industrial careers.
The partnership leverages the unique strengths of each signatory to ensure graduates are production-ready from day one:
- Curriculum & Expertise: Hyundai Motor Group will lead the design of the curriculum, focusing on hands-on manufacturing disciplines including die-casting, press forming and welding.
- Governance & Operations: KOICA will oversee the broader program management and technical training modules.
- Administrative Support: MOET will coordinate the program through its network of vocational training institutions across Vietnam.
Upon completion, graduates will be directly connected with employment opportunities at small and medium-sized component manufacturers operating within Vietnam, addressing a critical labour shortage in the regional supply chain.
Vietnam is a cornerstone of Hyundai Motor Group’s ASEAN strategy. The Group operates the Hyundai Thanh Cong Vietnam Auto Manufacturing Corporation (HTMV) joint venture, which recently expanded with a second plant in Ninh Binh.
Sung Kim, President of Hyundai Motor Group, said, "Vietnam's automotive market is growing fast, and the demand for skilled professionals is growing with it. We aim to give Vietnamese students real educational opportunities and build a virtuous cycle from classroom to career."
Deepening Structural Crisis Plagues German Automotive Suppliers, ArGeZ Reports
- By MT Bureau
- April 24, 2026
The German Association of Suppliers (ArGeZ), an interest group representing approximately 9,000 suppliers and supported by several industry associations, has reported that the domestic automotive supplier industry remains trapped in a deep structural crisis with no economic recovery in sight. Weak order intake, rising operational costs and mounting international competitive pressure continue to threaten industrial resilience and value chain stability.
This prolonged crisis extended into 2025, marked by a 1.1 percent drop in revenue and a 1.0 percent fall in production, the fourth consecutive annual decline. Excluding a temporary recovery in 2021, the sector has faced a structural downturn since 2019. Employment fell by 3.4 percent year-on-year in 2025, with growing job cuts underscoring the weakening state of German suppliers.
The first two months of 2026 offered no turnaround. Employment kept falling by another 3.4 percent, and production decreased by 0.4 percent. The ifo Business Climate Index for German suppliers plunged from -14.4 points in February to -24.1 points in March 2026, ending any hesitant stabilisation. ArGeZ spokesperson Christian Vietmeyer noted that only about one in ten suppliers rates their current situation as good, while just 16 percent expect improvement in the next six months.
Weak demand from key customer sectors remains the principal cause, with order intake too volatile for sustainable stabilisation. Geopolitical tensions, trade policy uncertainties and rising energy prices are compounding difficulties. International competitive pressure is increasing, as imports of iron and steel products rose about 10 percent in 2025, with even stronger growth for numerous automotive parts.
The German government is still expected to deliver bold economic transformation. High labour costs are forcing suppliers out of business and driving production shifts abroad. ArGeZ calls for longer working hours, curbing sick-leave absenteeism by abolishing phone-based sick notes and reducing non-wage labour costs to a maximum of 40 percent. Dr Martin Theuringer, Managing Director of the German Foundry Industry Association, stated that supplier management repeatedly invests in foreign plants instead of German locations, leading to a slow bleeding out of the industry.
Promised energy price reductions have not materialised. Many suppliers are excluded from electricity tax cuts. For small and medium-sized enterprises, gas prices are burdened by a national CO₂ price higher than the EU Emissions Trading System price. ArGeZ demands suspending the national CO₂ price until the European small-installation price (ETS 2) is introduced. The EU’s proposed ‘Made in Europe’ label is a step forward but must avoid bureaucracy, and technological openness beyond 2035 remains essential.
Regarding the expected introduction of the EU End-of-Life Vehicles Directive (ELVR) this summer, Michael Weigelt has demanded that the competitiveness of secondary materials be guaranteed. He called for streamlined, low-bureaucracy processes and energy cost relief for recycling companies, because only economically viable recyclates will enable international competitiveness.

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