Volvo Group, Ericsson And Airtel India Join Forces To Explore Potential Of XR, Digital Twin and AI For Manufacturing

Volvo - Ericsson - Airtel

Volvo Group in India, Ericsson and Bharti Airtel have come together to explore the potential of Extended Reality (XR), digital twin technologies and artificial intelligence (AI) in the manufacturing sector. The partnership aims to leverage 5G and 5G Advanced to transform industrial operations, improve workforce training and real-time process optimisation.

As per the understanding, the research will be conducted at the Volvo Group Factory and Volvo Group’s R&D Centre in Bengaluru. The facilities will explore industrial Metaverse applications including human and machine interaction and collaboration, which means a blend of physical and digital worlds. The idea is to enhance efficiency, foster innovation in manufacturing and real-time optimisation using AI technologies.

The partnership will leverage high-speed 5G network to test ‘what if’ scenarios and improve production workflow. They will also explore potential new revenue streams and business models for the telcos.

Kamal Bali, President & MD, Volvo Group India, said, “Our industry is undergoing a once in a lifetime transformation driven by the emerging trends across automation, connectivity and alternative energy carriers – tools which will be key in our ambitions to be net zero and shape a sustainable future for all. This transformation also includes the way we work and collaborate across our industrial and R&D sites. 5G, coupled with extended reality applications, will help foster innovation as well as collaboration between our sites and engineers, in real-time, through the power of connectivity & digitalization backed by advanced AI technologies.”

Sharat Sinha, Director & CEO, Airtel Business, said, “We are thrilled to leverage the capabilities of our advanced 5G network for innovative industrial applications in partnership with Ericsson and Volvo Group. Through this collaboration, our high-speed, low latency 5G network will redefine and transform the manufacturing sector by enabling real-time XR applications for enhanced productivity and efficiencies, unlocking new revenue streams and accelerating the adoption of Industry 4.0 applications.”

Nitin Bansal, Managing Director, Ericsson India, said, "As India embraces Industry 4.0, 5G will be a game-changer towards enabling intelligent, connected, and immersive industrial experiences. This collaboration with Airtel and Volvo Group underscores Ericsson’s commitment to driving innovation through 5G and extended reality. By combining our expertise in network technology with cutting-edge XR applications, we are creating an ecosystem that will help industries to transform manufacturing. The research insights will be instrumental in shaping the future of industrial digitalization, not just in India but globally."

 

Greaves Cotton Reports INR 6.32 Million Net Profit For Q2 FY2026

Greaves Cotton

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.”

Hyundai Motor Group Partners Nvidia To Deploy AI In Korean Factory

Nvidia - Hyundai

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 31st 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.

Ford To Invest INR 32.5 Billion In Chennai Plant To Manufacture Next-Generation Engine

Ford India Chennai

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.

Nissan Motor India Attains 1.2 Millionth Vehicle Export Milestone

Nissan Motor India - Export

Nissan Motor India, a leading manufacturer of passenger vehicles, has achieved a significant milestone, exporting its 1.2 millionth vehicle from India. This accomplishment, the company said, reinforces its ‘Make in India, Make for the World’ philosophy and highlights India's importance as a strategic export hub for Nissan’s AMIEO (Africa, Middle East, India, Europe and Oceania) region.

The 1.2 millionth vehicle was a new Nissan Magnite B-SUV destined for the GCC region, and was flagged off by Saurabh Vatsa, Managing Director, Nissan Motor India, at the Kamarajar Port in Ennore, Tamil Nadu.

Since beginning export operations, Nissan Motor India has shipped a diverse range of models, including the Nissan Magnite, Nissan Sunny, Nissan Kicks and Nissan Micra, to markets across Africa, the Middle East, Latin America and Southeast Asia.

The introduction of the new Nissan Magnite expanded the company's global export footprint to over 65 countries in both Left-Hand Drive (LHD) and Right-Hand Drive (RHD) markets.

“We are proud to celebrate yet another historic milestone of exporting 1.2 million Nissan vehicles from India. This achievement reflects the collective dedication of our teams and the trust of customers across the world in our Made-in-India cars. The Nissan Magnite continues to be a global success story, representing our focus on design, quality, and innovation that transcends borders,” said Vatsa.

The new Nissan Magnite has received a 5-star Global NCAP rating for Adult Occupant Protection and 3 stars for Child Occupant Protection. The company is also preparing for the upcoming launch of its new global C-SUV, the Nissan Tekton, which will be introduced in India next year and also exported to select international markets.