Germany-headquartered automotive major the BMW Group and Tata Technologies, a global product engineering and digital services company, have announced the official launch of their joint venture BMW TechWorks India with offices in – Pune, Bengaluru and Chennai.

The JV which goes on stream in November 2024, will initially start with 100 employees at these three locations and rapidly scale to four-digit number of employees by end-2025, with a strong focus on attracting top-tier Indian talent. The BMW Group and Tata Technologies will each hold 50 percent of the shares in this JV.

The management team of BMW TechWorks India is comprised of seasoned executives from both partner companies. Representing Tata Technologies are Aditya Khera as CEO and Sweta Girinatham as CFO of this JV. From the BMW Group, Oliver Scheickl will hold the position of COO of Automotive Software in this new JV and Stefan Flader will serve as COO of Business IT.

BMW TechWorks India complements BMW Group’s global strategy by engineering seamless, scalable software solutions for next-gen vehicles and delivering leading digital experiences. Tata Technologies will bring its expertise across the entire product value chain, from conceptualisation to detailed engineering and turnkey SDV (Software Defined Vehicles) development, will drive key software projects for the BMW Group’s premium mobility solutions and facilitate access to India’s impressive talents.

The partners aim to leverage India’s engineering and IT talent in developing strategic software solutions for SDVs, automated driving, digital infotainment, and automotive digital services.

In addition to automotive software, the JV will also provide digital innovations for the BMW Group's Business IT. Consequently, BMW TechWorks India will expedite the digital transformation of the car manufacturer's global production network, along with enhancing its digital customer journey and sales processes. Another key area of focus will be the development of AI applications and platforms, which will increase the speed and efficiency of all core business processes.

Christoph Grote, Senior Vice-President of Electronics and Software BMW Group said, “BMW TechWorks India is a significant addition to our global vehicle software development initiatives. India’s software talent will be a great asset for our Software-Defined Vehicles of the future. With agile processes and state-of-the-art tools, engineers at BMW TechWorks India will co-create innovative automotive digital experiences, such as automated driving and next-gen infotainment systems.” 

Alexander Buresch, CIO, and Senior Vice-President, BMW Group IT stated, “With BMW TechWorks India, we are steadily advancing our international IT-Hub strategy and broadening our global Business IT presence. The partnership with Tata Technologies represents a strategically important step and provides excellent conditions for developing innovative software solutions along our value chain. We are excited to welcome Indian tech talents to join us in driving the digital transformation of the BMW Group.”

Warren Harris, CEO and MD, Tata Technologies said: “Our joint venture with the BMW Group, BMW TechWorks India, underscores our deep expertise in Software-Defined Vehicles (SDV) and reflects our commitment to driving innovation in both automotive software and business IT. By leveraging Tata Technologies' strong brand presence in India, this JV will attract top talent and provide a platform to develop forward-thinking solutions that redefine the future of mobility. We are excited to partner with the BMW Group in engineering premium, software-driven vehicles, enhancing digital experiences, and accelerating their digital transformation journey.”

Nachiket Paranjpe, President of Automotive Sales, Tata Technologies commented, "The rapid evolution of automotive technology is transforming the way vehicles are developed, with Software-Defined Vehicles at the forefront of this shift. At Tata Technologies, our deep automotive expertise and end-to-end solutions across the value chain – from concept and detailed engineering to manufacturing engineering and turnkey SDV development – position us perfectly to support the BMW Group in shaping the future of mobility. Through this joint venture, we will push the boundaries of automotive technology, creating vehicles that are not only cutting-edge but also deliver exceptional driving experiences to consumers worldwide."

Aditya Khera, CEO, BMW TechWorks India: “With the launch of BMW TechWorks India, we are establishing a world-class software hub that will play a critical role in the BMW Group's automotive software and business IT strategy. By combining the BMW Group's and Tata Technologies' leadership in software-defined vehicles and product engineering excellence, we are poised for innovation and growth, offering India's top talent the opportunity to shape the future of the BMW Group's mobility solutions.”

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Vedanta Aluminium, India’s largest producer of aluminium, has achieved another milestone with the grant of its first product development patent for a lead- and tin-free bismuth-aluminium alloy. This innovation offers a sustainable, high-machinability solution designed to address the global phaseout of hazardous elements like lead and tin in industrial applications.

The alloy, developed by Vedanta Aluminium’s in-house R&D team, replaces lead and tin with bismuth. The company states that the alloy meets global environmental standards while delivering machinability and mechanical strength.

The alloy is engineered for components across the automotive, electronics and textile sectors where machining operations are central to production. Applications include automotive parts such as hydraulic manifolds and drive shafts and electronic components like mobile phone housings.

The innovation was driven by customer demand for sustainable alternatives to traditional machinable alloys (like AA6262 and AA6020) that contain restricted elements. These alloys are currently under regulatory scrutiny.

Lab trials of the new alloy demonstrated performance metrics compared to conventional grades:

• Strength and Durability: 8 percent higher tensile strength, 21 percent higher yield strength and 17 percent greater hardness.
• Machinability: Smaller, easily breakable chip formation enhances cutting efficiency and reduces operational time.
• Tool Life and Surface Finish: Up to 30 percent smoother surface finish and extended tool lifespan.

Rajiv Kumar, CEO, Vedanta Aluminium, said, “Innovation and sustainability are at the heart of Vedanta Aluminium’s R&D efforts, driving us to create solutions that advance our environmental goals while delivering world-class breakthrough products. This patent validates our efforts at pushing the boundaries of material science, while embedding sustainability into every stage of our value chain. The bismuth-aluminium alloy represents the future of responsible manufacturing.”

Image for representational purposes only.

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Mumbai-headquartered engineering major Greaves Cotton has reported its financial results for Q2 FY2026 with revenue of INR 8.15 billion, up 16 percent YoY, as compared to INR 7.05 billion last year.

The profit after tax grew by 140 percent YoY to INR 6.32 million, as against a loss of INR 14.33 million, showing improved profitability across its businesses.

The company reported that its Engineering Business grew 31 percent YoY in Q2 FY2026 and 30 percent YoY in H1 FY2026.  The Automotive business grew by 48 percent YoY, driven by demand for Euro V+ compliant diesel engines from its European automotive OEM partnership.

Parag Satpute, MD and Group CEO, Greaves Cotton, said, “Greaves Cotton’s performance in Q2 FY2026 reflects the continued strength, agility and resilience of our business portfolio. Our core Engineering business has achieved strong growth. This has been driven by our customer-centric approach of developing products in close partnership with our customers, improved profitability, & is supported by efficiency enhancements that have strengthened our margins. We remain steadfast in our focus on disciplined execution, operational excellence and prudent capital allocation to drive sustainable value creation. Greaves continues to make a meaningful impact across Genset Solutions, Automotive and Industrial sectors through its diverse engineering portfolio, positioning us as a reliable partner in the application engineering space.”

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Hyundai Motor Group and Nvidia are deepening their collaboration to accelerate innovation in autonomous vehicles (AVs), smart factories and robotics with a new AI factory, powered by Nvidia Blackwell AI infrastructure. This partnership shifts focus from strategic software adoption to the co-development of core physical AI technologies.

The two companies plan to enable integrated AI model training, validation and deployment using 50,000 Nvidia Blackwell GPUs. In support of the Korean government’s initiative to build a national physical AI cluster, the collaboration involves an approximately USD 3 billion investment to advance the physical AI landscape in Korea. Key efforts include establishing Hyundai Motor Group’s Physical AI Application Center, the Nvidia AI Technology Center and physical AI data centres in the region.

A Memorandum of Understanding was signed on 31^st October between the Ministry of Science and ICT of the Republic of Korea, Hyundai Motor Group and Nvidia to formalise this collaboration.

Bae Kyung-hoon, Deputy Prime Minister and Minister of Science and ICT of the Republic of Korea, said, "For Korea to leap forward as a leading nation in AI, the advancement of physical AI is essential – a key initiative championed by the Ministry of Science and ICT. This inaugural step in public-private collaboration to foster physical AI is therefore incredibly significant. Korea has a strong foundation in manufacturing. By combining Korea's rich manufacturing data with Nvidia’s cutting-edge AI infrastructure, we expect to build a Win-Win model through collaboration with domestic companies, thereby accelerating innovative AI transformation (AX) in manufacturing across industries."

Euisun Chung, Executive Chair, Hyundai Motor Group, said, “As we enter a new era of AI-powered mobility and smart factory, deepening our collaboration with Nvidia marks a pivotal step forward. Together, we are not only building advanced technologies but also laying the foundation for a robust AI ecosystem in Korea – one that fosters innovation, nurtures talent and positions us at the forefront of global AI leadership.”

Jensen Huang, Founder and CEO, Nvidia, said, "AI will revolutionise every facet of every industry. In transportation alone – from vehicle design and manufacturing to robotics and autonomous driving — Nvidia’s AI and computing platforms are transforming how the world moves. Together with Hyundai Motor Group — Korea’s industrial powerhouse and one of the world’s top mobility solutions providers— we’re building intelligent cars and factories that will shape the future of the multitrillion-dollar mobility industry."

Hyundai Motor Group will use the Nvidia Blackwell-based AI factory to deploy infrastructure that powers innovation across in-vehicle AI, autonomous driving, factory automation and robotics. The group is leveraging three Nvidia AI compute platforms:

• Nvidia DGX platform for large-scale AI model training.
• Nvidia Omniverse and Nvidia Cosmos for creating digital twins of manufacturing environments and testing AV software.
• Nvidia Drive AGX Thor as the AI compute for real-time intelligence in vehicles and robots.

The company will use the Omniverse Enterprise platform to develop factory digital twins to accelerate robot integration, optimise production and enable predictive maintenance. Inside vehicles, Nvidia DRIVE AGX Thor will provide compute power for advanced driver-assistance, next-generation safety features and in-vehicle AI experiences.

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American automaker Ford has confirmed plans to manufacture next-generation engines at its Chennai plant in India. This decision builds on a letter of intent signed in September 2024 and was formalised with the Government of Tamil Nadu through a memorandum of understanding (MoU). The plan complements Ford’s existing engine manufacturing operations in India, which also produces and exports engines.

The Chennai plant is set to have a planned capacity of 235,000 engines annually, with production expected to begin in 2029. The project is expected to create more than 600 jobs, plus indirect jobs across the industry, with an initial expected investment of INR  32.5 billion. Site preparation and investment will commence later this year.

Jeff Marentic, President – International Markets Group, Ford Motor Company, said, “We are pleased to advance our plans and confirm the Chennai plant’s vital role in Ford’s manufacturing network. We are thankful to the government of Tamil Nadu for its continued support as we advance these plans. This decision reinforces our commitment to leveraging India's manufacturing prowess for future products.”

Dr. TRB Rajaa, Honourable Industries Minister, Government of Tamil Nadu, said: “Ford’s decision to commence manufacturing in Chennai will further energize the resurgent automotive sector of Tamil Nadu and speaks volumes about the State's robust manufacturing ecosystem, highly skilled workforce, and excellent investor facilitation under the leadership of our Hon'ble Chief Minister, Thiru. M. K. Stalin. This is not just the start of manufacturing at the existing Ford facility, it is the State taking yet another step towards the future of the automotive industry with the production of next-gen engines. We remain committed to supporting Ford's operations here.”

The engine lineup planned will feature technology, with specific details about the engine type and export markets to be shared closer to the start of production. Ford currently employs approximately 12,000 individuals in its Global Business Operations in Tamil Nadu.

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