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).

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Delhi-NCR-headquartered alternative energy vehicle company Omega Seiki Mobility has successfully secured strategic funding from Securocorp Securities, Sangeeta Pareekh, Saket Aggarwal Family Office and Vanshika Sharma in New Delhi.

The funds will be deployed to expand manufacturing capacity at production facilities in Faridabad and Pune, strengthen research and development, enhance the dealer network and accelerate electric mobility solutions following Delhi's EV Policy 2026.

Dr. Uday Narang, Founder & Chairman, Omega Seiki Mobility, said, "This investment reflects the confidence investors have in our vision, execution, and long-term strategy. Over the last eight years, we have built a company grounded in manufacturing excellence, innovation, and financial discipline. As India's EV market enters its next phase of growth, we remain committed to delivering sustainable mobility solutions while creating long-term value for our customers, partners, and investors."

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European automaker Stellantis has appointed Tianshu Xin to lead its China and Asia-Pacific region, effective 3 August 2026. He will report to Stellantis CEO Antonio Filosa and join the Stellantis Leadership Team, while continuing to serve as CEO of Leapmotor International.

On the other hand, Gregoire Olivier has been appointed strategic advisor, reporting to Xin.

Furthermore, Pablo Di Si has been named Chief Performance Officer, effective 3 August 2026. Reporting directly to Antonio Filosa, Di Si will lead execution of Stellantis’ ‘Value Creation Program’ to deliver business targets.

Antonio Filosa, CEO, Stellantis, said, “Tianshu Xin and Pablo Di Si bring deep global leadership experience, operational discipline and proven records of building strong teams and driving performance in highly competitive markets. Their appointments strengthen our leadership team as we sharpen execution, accelerate value creation, and continue positioning Stellantis for long-term success across regions and functions. I also want to thank Gregoire for his leadership and look forward to working together as he takes on his new role.”

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  - Rishi pandey July 25, 2026 15:23 PM

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Sona BLW Precision Forgings has signed definitive agreements with DENSO Corporation to establish two joint ventures aimed at developing, manufacturing and marketing electric and hybrid powertrain systems.

The partnership involves two strategic joint ventures tailored to different vehicle segments. The first joint venture focuses on high-voltage liquid-cooled traction inverters, traction motors and generators for passenger vehicles and commercial vehicles, with DENSO holding a 51 percent equity stake and management control and Sona Comstar holding 49 percent.

The second joint venture targets air-cooled traction inverters, traction motors, generators and e-axles for two-wheelers and three-wheelers, where Sona Comstar retains a 51 percent stake and management control and DENSO acquires 49 percent through a subsidiary structure.

Vivek Vikram Singh, MD and Group CEO, Sona Comstar, said, “We have always believed that the future of mobility will be defined by companies that continuously invest in innovation, product development and industrialization of advanced technologies. This partnership marks an historic milestone in Sona Comstar’s journey as a mobility technology company and reflects the capabilities we have built across advanced electric powertrain systems over the years. DENSO is a company we have immense respect for, as they have been at the forefront of automotive innovation globally for decades with deep expertise in electrification technologies. We are honored and delighted to partner with DENSO to bring together the complementary strengths of both companies and build advanced electric and hybrid powertrain solutions for four-wheelers and larger vehicle applications. This partnership will also accelerate the growth of our existing electric powertrain business for two and three-wheelers by strengthening our capabilities across the powertrain value chain and enabling us to serve a broader set of customers.”

Tsuneo Maebara, Head of Powertrain Systems Business Group, DENSO Corporation, said, “The electrification of mobility represents a major transformation that will continue to evolve in response to the diverse needs of customers and society across the world. India, in particular, is an important region where diverse forms of mobility coexist and electrification is advancing at significant scale. Sona Comstar is a mobility technology company with a global business presence, serving a broad range of customers, and having boldly transformed itself alongside the rapid evolution of the mobility market – from conventional vehicle technologies to solutions for both two- and three-wheelers and passenger electric vehicles. Through this partnership, we will bring together the respective strengths that both companies have built over the years to provide electrification solutions that address the diverse needs of customers in India. By harnessing new competitive strengths created through synergies across the two companies’ products, technologies and business foundations, DENSO will further advance and accelerate its electrification business. We will also build on the outcomes achieved in India to deliver value that meets a broader range of customer needs in the future.”

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Mumbai-headquartered JSW Group looks to double down on its ambition to become a formidable player in the Indian automotive industry with plans to acquire a majority stake in Volkswagen for its operations in the country, says a Bloomberg report.

It is no secret that despite investing billions in India, Volkswagen has been struggling to find a strong foothold in the country and has been aiming to attain a 3-5 percent market share without much success.

In FY2026, passenger vehicle sales in India touched 4.64 million units. During the same period, Volkswagen India and Skoda Auto India sold a total of 37,576 units and 75,556 units, respectively, translating to a combined market share of 2.5 percent.

The report further stated that the partners are in advanced discussions, wherein JSW will pick up a significant stake in Skoda Auto Volkswagen India, with the announcement expected in the coming few weeks.

For the unversed, Volkswagen has been scouting for a suitable partner in India, with previous reports indicating a potential partnership with Mahindra Group and Tata Motors, among others.

Interestingly, JSW Group has been aggressively looking to expand its presence and grab a meaningful share in the Indian automotive industry. It already has a presence in the passenger vehicle segment, being the largest shareholder in JSW MG Group India, in addition to its newly established JSW Motors, with the first model set to be introduced in the next few months.

As per media reports, the European automaker has also scaled down its investment plans from the earlier planned EUR 1 billion to EUR 700 million, as it looks to narrow down losses in the country.

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