- Society of Indian Automobile Manufacturers
- SIAM
- International Conference on Sustainable Circularity
- ICSC
- Sustainable Automotive Practices
SIAM Hosts 3rd International Conference On Sustainable Circularity
- By MT Bureau
- January 21, 2025

The Society of Indian Automobile Manufacturers (SIAM), the apex body representing the country’s leading automobile manufacturers, hosted the 3rd International Conference on Sustainable Circularity (ICSC) at Bharat Mandapam, New Delhi, on the sidelines of Bharat Mobility Global Expo 2025. Theme ‘Nature Positive Recycling – Systemic Transformation to Automotive Circular Economy in India’, the conference emphasised the need for systemic transformation through regulatory frameworks, technological advancements and collaborative efforts across stakeholders, underscoring India’s potential to lead global efforts in sustainable automotive practices.
Bhupender Yadav, Union Minister of Environment, Forest & Climate Change, Government of India, who was the Chief Guest during the inaugural session of the conference, launched the SIAM Strategy Paper ‘Towards Circular Future in the Indian Automobile Industry: Integrating EPR Regime in Waste Stream Regulations’ and said, "As the automotive industry observes a notable growth, it is imperative to reflect on our environmental obligations. Nature, with its innate capacity for regeneration, serves as an exemplar for our operational strategies. Our focus extends beyond mere waste management to stimulating economic development, diminishing emissions and cultivating societal advancements through the promotion of green jobs. Initiatives such as the Vehicle Scrappage Policy 2021 and the endorsement of electric vehicles manifest our commitment to sustainable practices. As we navigate towards a circular economy, our actions must be guided by a steadfast dedication to environmental integrity and ecological stewardship. SIAM has done an admirable job of initiating discussions on circularity which showcases its commitment to the growth of the automotive sector and promoting India’s green goals."
Session One, themed ‘Impact of EPR on ELV Recycling and Compliance: New Paradigm of Material Circulatory’, was graced by Guests of Honour Arvind Kumar Nautiyal, Joint Secretary, Government of India and Member Secretary, CAQM, and Mahmood Ahmed, Additional Secretary, MoRTH. The session explored policy interventions, international practices and innovations required for scaling up ELV recycling. The session also saw the launch of an approach paper on ‘Automotive Circularity in India’. The session witnessed discourses by the guests of honour as well as Sanjay Mehta, President, MRAI; Timo Unger, Chairperson – Working Group on Materials & Substances, ACEA; Vikram Kasbekar, ED and CTO, Hero MotoCorp and M S Anandkumar, Chair, SIAM Recycling & Material Group and SGM, TVS Motor Company.
Rajendra M Petkar, President and CTO, Tata Motors Ltd and Chairperson, SIAM Sustainable Mobility Group, chaired the Session Two. Themed ‘Regulatory & Policy Challenges and Innovating Solutions in the ELV Recycling Ecosystem’, the session deliberated on regulatory and policy challenges the ELV recycling ecosystem encounters along with possible solutions and the necessity of innovation. The session included presentations by R K Goyal, Director Saarloha Advanced Materials and Managing Director, Kalyani Steel, on ‘Sustainable Circularity for Green Steel Manufacturing in India’; Sonal Choithani, Vice President and Head of Market Development, Vedanta, on ‘Metals & Mobility: Building A Greener Future for Transportation’; Sosho Kitajima, Chairman, Japan Automobile Recycling Alliance (JARA), on ‘ELV management landscape in Japan’; R Mukhopadhyay, Director (R&D) J K Tyres, on ‘Sustainable Circularity – Challenges & Opportunities for Tyre & Auto Rubber Components Industry’; ALN Rao, Head of Electronics Recycling, Recykal, on ‘Innovative Tech in Automotive Circularity’; David Nolan, Executive Director, Auto Recycler Association of Australia, on ‘Automotive Circularity landscape in Australia’; Sarvesh Tomar, General Manager, BPCL, on ‘Challenges and Opportunities in Used Oil Recycling in India: Paving the path to Sustainability’ and Prabhjot Sodhi, Sr Programme Director, CEE, on ‘Policy interventions as catalysts for sustainable automotive circularity’.
Session Three, carrying the theme ‘Harnessing Cutting-edge Technologies and Business Models to Revolutionise ELV Recycling’, was addressed by Guest of Honor Sujit Kumar Bajpayee, Member, Commission for Air Quality Management (CAQM), and moderated by Ashim Sharma, Senior Partner, NRI Consulting & Solutions. Other eminent personalities who shared their opinion in the session included Vinod Babu, Director, CPCB; Masaru Akaishi, Managing Director, Maruti Suzuki Toyotsu India Pvt Ltd; Kartick Nagpal, President, Rosmerta; Nitin Chitkara, CEO, Meta Material Circular Markets (MMCM); Prabhakar Bhangare, CEO, Global PCCS and Anant Bhargava, IFP Petro.
Session Four revolved around the theme ‘Challenges and Way forward for Closing the Loop on Automotive Material and Components’. The session was graced by Guest of Honour Ved Prakash Mishra, Joint Secretary – HSM, MoEFCC, Government of India, and chaired by Kiran Sarkar, Co-Chairperson, SIAM Recycling and Material Groups and Head – Sustainability, Mahindra & Mahindra. Apart from a thematic presentation by Likith Koundinya, Consulting Specialist, S&P Global, the session also saw panel discussions by Anand Kumar, Director, CPCB; Sumit Agrawal, Director, BigMint Technologies Pvt Ltd (SteelMint); Dr Rashi Gupta, Founder & MD, Vision Mechatronics and V Manjunath, Regional Standards Manager – South Asia and Sub-Saharan Africa, at UL Standards & Engagement Inc., (ULSE).
Tata Motors Achieves Record FY2025 Performance, Becomes Debt-Free & Advances Demerger
- By MT Bureau
- June 20, 2025

Tata Motors, one of the country’s largest automakers, has announced a landmark financial performance for FY2025, achieving record revenues and profitability, becoming debt-free, and confirming the ongoing process to demerge into two independent listed entities. The announcement was made by N Chandrasekaran at the 80th AGM of Tata Motors, on 20 June 2025.
In his address, he mentioned that on a consolidated basis, the Tata Motors Group delivered record high revenue of INR 4,396 billion, a record EBITDA of INR 576 billion, and a record Profit Before Tax (PBT) of INR 343 billion (before exceptional items). This robust performance has enabled the Tata Motors Group to achieve a debt-free status this year.
The company highlighted strong individual performances across its business segments:
- Commercial Vehicles (CV): Achieved INR 751 billion in revenue, a record EBITDA of INR 88 billion, and INR 75 billion in Free Cash Flows, with a strong ROCE of 37.7 percent.
- Passenger Vehicles (PV): Generated revenues of INR 484 billion with a 0.9 percent EBIT. The Tata Punch emerged as India’s top SUV, with CNG and EVs comprising 36 percent of its multi-powertrain portfolio.
- Jaguar Land Rover (JLR): Delivered solid results with revenues of GBP 28.9 billion and an 8.5 percent EBIT, resulting in a PBT of GBP 2.5 billion, turning net cash this year. The Range Rover and Defender franchises continued their strong performance, complemented by localized CKD manufacturing of Range Rover and Range Rover Sport in India.
The strategic demerger process, which will see the company operate as two independent listed entities – one for Commercial Vehicles and one for Passenger Vehicles and JLR – is well underway and expected to be completed by the end of the calendar year.
Chandrasekaran mentioned that each business is positioned for independent growth, supported by strengthened financials and dedicated management teams.
Despite anticipated future volatility from geopolitical conflicts, supply chain shifts, AI, and energy transition, he stated its businesses are structured to thrive, building on years of simplification and strategic investments.
The company also acknowledged the recent passing of Mr. Ratan Tata, noting his profound impact and enduring legacy on the Group.
- Indian School for Design of Automobiles
- INDEA
- Nitin Gadkari
- XLRI
- Avik Chattopadhyay
- XADM
- Fr. Dr. K.S. Casimir
India's First Automotive Design Institute Breaks Ground in Delhi-NCR
- By MT Bureau
- June 17, 2025

India's automotive sector is poised for a significant transformation with the establishment of the Indian School for Design of Automobiles (INDEA), the nation's first dedicated institution for automobile design and management. A groundbreaking and foundation stone ceremony was held today at the XLRI Delhi-NCR campus, marking a historic milestone for the nascent institute.
The Union Minister of Road Transport and Highways, Nitin Gadkari, served as the Chief Guest, virtually unveiling the foundation stone and offering his full support for the forward-thinking initiative. His virtual presence underscored the government's recognition of design's crucial role in India's evolving mobility landscape.
The ceremony brought together a distinguished gathering, including industry titans, senior government officials, design and automotive professionals and academic luminaries. The consensus among attendees was clear: design is rapidly gaining importance within India's mobility ecosystem, and INDEA is positioned to be a cornerstone of this shift.
Developed under the umbrella of XLRI’s Centre for Automobile Design & Management (XADM), INDEA aims to revolutionise design education in India. Avik Chattopadhyay, Founder of INDEA and Chairperson of XADM, is leading the charge to cultivate a new generation of automotive designers and visionaries. The institute's mission is to equip these future professionals with the skills needed to meet both global standards and unique local requirements.
A striking steel structure, named Param – a Sanskrit word signifying supreme, highest, or ultimate – was unveiled as the foundation pillar. Designed by renowned Indian installation artist and designer Vibhor Sogani, the skyward-reaching sculpture symbolises INDEA's aspirations for boundless growth and transformative knowledge. Param is envisioned as the symbolic heart of the institute, representing not just a foundation but a future hub for innovation and excellence with state-of-the-art facilities fostering a community of innovators, thinkers and leaders in automotive design.
In his virtual address, Nitin Gadkari emphasised the automotive sector's critical role in India's economic growth, employment generation and global competitiveness. "As we strive towards the Prime Minister’s USD 5 trillion economy vision, our industry is evolving from being cost-driven to quality-led, anchored in smart design, robust safety, and sustainable practices. The future will be shaped by strong R&D, innovation, and next-generation testing and certification. I am confident that the young talent trained at INDEA will become catalysts for change, turning knowledge into innovation, and innovation into national strength."
Fr. Dr. K.S. Casimir, Director, XLRI Delhi-NCR, said, "This ceremony marks a major leap in our vision of creating an institute that seamlessly blends design thinking, technical prowess, and industry alignment. Nitin Gadkari’s digital presence as Chief Guest is not only an honour but also a strong endorsement of the vital role that design can play in India’s mobility future."
Avik Chattopadhyay echoed these sentiments, asserting, "INDEA is designed to be more than just an educational institute – it is a movement to elevate India’s design capabilities. With the encouragement of leaders like Nitin Gadkari and guided by the vision of our Prime Minister Narendra Modi, we are confident INDEA will become a key enabler in India’s journey to becoming a global design and innovation hub."
- Freudenberg
- Freudenberg Training Centre
- TVS Motor Co
- Hyundai Motor India
- Simpson Group
- Esther Maria Loidl
- G Sivasailam
- Dr Chitrakala Mohan
Freudenberg Expands Vocational Training Centre in Nagapattinam to Boost Youth, Women’s Empowerment
- By MT Bureau
- June 12, 2025

German technology giant Freudenberg Group has announced the expansion of its Freudenberg Training Centre in Nagapattinam, Tamil Nadu, reinforcing its long-term commitment to community development in India.
Esther Maria Loidl, Chief Human Resources Officer and global board member of Freudenberg & Co., laid the foundation stone for a new extension and auditorium at the training campus. The upgrade will include converting the existing auditorium into a computer lab, with a focus on offering digital and computer-based vocational courses. The new facilities are expected to be completed by mid-2026.
The expansion aims to attract and support more women students, equipping them with skills for financial independence and sustainable employment. The centre, established in 2008 in the aftermath of the 2004 tsunami, offers training in welding, fitting, machining, motor mechanics and electrical work. It has trained over 1,400 students to date, many of whom are now employed at leading firms such as Hyundai Motor India, TVS Motor Co and Simpson Group, while some have launched their own ventures.
Freudenberg has invested over INR 400 million in the region over the past 16 years. The 28-acre training campus is staffed by 18 qualified educators and led by Principal Dr Chitrakala Mohan.
Esther Maria Loidl, said, “It’s a pleasure and privilege to lay the foundation for further expansion of our largest CSR initiative in India - the Freudenberg Training centre in Nagapattinam. The institute’s growth affirms the visionary decision in 2008 to support the region’s rebuilding by empowering its young people with the right vocational skills. We look forward to investing and supporting the institute to grow further in its noble mission to power the aspirations of the needy in this region.”
G Sivasailam, Director & CEO, Freudenberg Regional Corporate Center India & Managing Director, Freudenberg Performance Materials India, said, "I am immensely proud to see the growth of the institute to where it is today. This reaffirms many of the core values of the Freudenberg group – long-term commitment, proactive and responsible action, among others. I would like to credit the Principal and her faculty who have been instrumental in ensuring the delivery of quality education to the local youth. They have been constantly innovating and adding to the courses and teaching pedagogy to what it provides is needed in the industry.”
Dr Chitrakala Mohan, Principal, Freudenberg Training Center, said, “It has been a great journey leading this visionary initiative for 7 years. The whole-hearted and passionate support we receive from the group executives in India and at the global HQ has been pivotal to whatever we’ve been able to accomplish so far. The foundation laying today and the other initiatives in the pipeline will help us expand sustainable community development through world-class vocational education, which sees local youth gainfully employed with leading companies in India.”
Daimler And Toyota Agree To Integrate Mitsubishi Fuso And Hino
- By MT Bureau
- June 12, 2025

Daimler Truck, Mitsubishi Fuso, Hino and Toyota Motor Corporation have concluded definitive agreements to integrate Mitsubishi Fuso and Hino Motors. The arrangement has Daimler Truck and Toyota Motor Corporation at the top. The motive behind the definitive agreements being to integrate Mitsubishi Fuso and Hino on equal footing, the change is expected to affect over 40,000 people. They will have to learn some as the two automotive giants – Daimler and Toyota – sat through, thought through and came to an agreement, creating yet another value intensive enterprise that will be headed by Karl Anton Deppen as the CEO.
Bundling forces to establish a new strong Japanese truck powerhouse to the benefit of all stakeholders, the agreement to integrate the two Japanese commercial vehicle manufacturers aims at a new listed holding company that will begin operations in April 2026. It will have the scale, resources and technology leadership to shape the future of the commercial vehicle landscape in the Asia-Pacific region and beyond
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