Announcing that Prime Minister Modi’s message was motivating for the Indian auto industry to work together towards new age technology, world class manufacturing, and next generation infrastructure, Kenichi Ayukawa, President, SIAM and MD & CEO, Maruti Suzuki, in his address during the opening session, said that there was a need to achieve sustainable and productive growth with quality and safety, and protect our environment, resources and raw materials. Stressing on the need for focused efforts, Ayukawa mentioned that SIAM and ACMA have together worked out a localisation roadmap with a target of about 15 to 20 percent further localisation in the next 2 to 5 years. Revealing that SIAM has prepared an approach paper for long term regulation roadmap that takes care of all aspects and gives clarity on future investments, Ayukawa San said that the auto industry is working on new powertrain technologies. He appreciated the government’s announcement of the scrappage policy and PLI scheme. 

Amitabh Kant.

Recognising the contribution of the Indian automobile industry to the Indian economy, Dr Mahendra Nath Pandey, Union Minister of Heavy Industries, Government of India, said that his ministry is working consistently for the growth of the automotive sector. Acknowledging the rise in localisation supported by the PLI initiatives of government, Dr Pandey said that these efforts would make the industry more robust. He stressed on the need to develop EV charging infrastructure as well as manufacture quality products that would help the Indian automobile industry to be regarded as the best in the world. T V Narendran, President, CII and MD, Tata Steel Ltd, in his address, mentioned the need for the right policy support to make India a five-trillion-dollar economy by 2025-26. It is important that the Indian manufacturing sector is strong. He called on the auto industry to focus on six key areas – electric vehicles, circularity, urbanisation, resilient supply chain and an ability to reap in functionality and embed sustainability, going forward. 
 

R C Bhargava.

In his speech, Amitabh Kant, CEO, NITI Aayog, said that the future direction of the auto industry is in the area of shared, connected and electric mobility. He opined that there are four prominent growth drivers that the industry should focus on. These include the expansion of investment in R&D, more focus on innovation in small format mobility segment, establishment of massive charging infrastructure across the country and provision of export impetus to the industry. Kant said that EV should be an integral part in every OEM’s plans. Road Transport Minister Nitin Gadkari spoke about the government’s aim to increase the contribution of the automotive sector towards the nation’s GDP. Currently, the sector contributes roughly 7.1 percent towards the GDP, he said. Revealing that the government would like to see the contribution rise to 12 percent, the union minister stated that it would amount to a huge step towards making India a five-trillion-dollar economy. Expressing gratitude to the dignitaries for their presence, Vipin Sondhi, Vice President, SIAM and MD, Ashok Leyland Ltd, drew attention towards the effect of Covid-19 on sales. 
 

Appreciating the efforts of the Ministry of Heavy Industries to create world-class testing and R&D infrastructure in all the auto hubs of the country, he spoke about how the auto industry will take advantage of localisation, PLI scheme and EV charging infrastructure. These efforts, he added, will contribute to the government’s initiative of ‘Make in India’. In a session focusing on the outlook of the Indian auto industry and its role in the economic growth, Venu Srinivasan, Chairman and Managing Director, TVS Motor Company, and R C Bhargava, Chairman, Maruti Suzuki India Ltd., drew attention to the new policies introduced over the past few years. The duo stressed on the high taxation structure on automobiles and the mandatory insurance costs. These, they said, have hugely bumped up the pricing to make vehicles expensive. Srinivasan touched on two-wheelers being taxed at 28 percent despite being the most basic means of transport. This, he added, is almost equal to cars which are a luxury item. Opining that the prices of vehicles have risen over the past few years with the switch to BS IV and subsequently to BS VI, and the change in safety norms, R C Bhargava mentioned that mounting challenges have had an effect on the sales. 
 

Venu Srinivasan.

Revenue Secretary Tarun Bajaj said that the government is open to discussing a change in Goods and Services Tax (GST) rates on automobiles. Seeking to know from the auto industry whether it is the GST rate on cars that is preventing the sector from growing, Bajaj questioned the reason behind SUV sales going up and not that of the cars in economic terms. Stating that the tax rates were higher in some states before GST came into force, he suggested the auto industry to examine in detail the reasons behind the dip in sales. Covid-19 and other factors could be at play, he reasoned. Bajaj called on the industry to keep pace with the changing technology.

Kenichi Ayukawa.

Comments (0)

ADD COMMENT

Link Copied!

Roppen Transportation Services, which operates under the brand name Rapido, has received an aggregator license from the Karnataka State Transport Authority under the Karnataka On-Demand Transportation Technology Aggregators Rules, 2016.

The licence authorises the platform to operate cab services in the state for a period of five years, remaining valid until August 2031.

The regulatory approval affects Rapido's operations across 21 cities in Karnataka, where the platform reports 314,000 drivers, referred to by the company as captains and over 20.4 million registered users.

According to company figures, more than 6.9 million users have taken cab rides via the platform within the state. The company's operations span urban centres including Bengaluru, Mysuru, Mangaluru, Hubballi-Dharwad, Belagavi, Davangere, Shivamogga, Ballari, Kalaburagi and Tumakuru.

Pavan Guntupalli, Co-Founder, Rapido, said, “Karnataka is our home state and one of our most important markets. Over the years, Rapido has become a trusted mobility platform for millions of customers in the state, while creating earning opportunities for lakhs of captains. We welcome the grant of the licence under the Karnataka On-Demand Transportation Technology Aggregators Rules, 2016, for cab services. This development gives us the opportunity to strengthen our cab offering within a formal regulatory framework, while continuing to work closely with the Government of Karnataka and the Transport Department to support safe, reliable and accessible mobility for commuters.”

In addition to securing the operational licence, Rapido has been included in the Urban Mobility Mission initiated by the Government of Karnataka. The initiative aims to align private platform operations with state transport priorities, focusing on multimodal connectivity, transit technology integration and transport infrastructure in urban centers.

“Rapido’s ambition is to be a long-term mobility partner for Karnataka as the state builds the next generation of urban transport. Clear and predictable regulation benefits the entire mobility ecosystem, commuters, captains, platforms and the government. Our priority is to operate in full compliance with the state framework, while continuing to strengthen safety, service reliability and meaningful earning opportunities for captains,” added Guntupalli.

Comments (0)

ADD COMMENT

Link Copied!

L&T Technology Services has introduced AgenticIQ, a comprehensive Agentic AI platform tailored for engineering and manufacturing sectors. The end-to-end system is designed to facilitate the shift from isolated AI experiments to full-scale operational deployment. It achieves this by enabling autonomous, multi-agent workflows that span product development, manufacturing and customer experience, thereby promoting widespread Engineering Intelligence adoption.

Despite rising corporate AI investments, many projects remain stalled at the pilot phase due to fragmented engineering systems and manual processes. Highly regulated environments further complicate scalability, as organisations struggle to balance autonomous operations with strict governance and security protocols. AgenticIQ directly addresses these hurdles by embedding a planning-first architecture into existing production workflows.

Built upon LTTS’ existing Engineering Intelligence portfolio, the platform converts proven capabilities into reusable, specialised AI agents that function within enterprise governance frameworks. It ensures the protection of critical data and intellectual property while supporting a new agentic delivery model. With a cloud-agnostic design, the platform serves R&D-heavy industries like automotive, healthcare and semiconductors, allowing clients to deploy solutions anywhere without losing control over proprietary knowledge and workflows.

Amit Chadha, Chief Executive Officer & Managing Director, L&T Technology Services, said, “The next phase of Engineering Intelligence will be defined by how effectively autonomous AI agents collaborate to solve complex industry challenges across engineering, production and customer experience. Over the years, LTTS has built AI-powered engineering solutions that address domain-specific business problems across industries. With AgenticIQ™, we are transforming these proven capabilities into reusable AI agents on a unified Agentic AI platform that enables enterprises to rapidly build, orchestrate and deploy next-generation agentic solutions at scale.”

Comments (0)

ADD COMMENT

Link Copied!

German automotive major the BMW Group and its consortium partners have concluded the Car2Car research project, demonstrating that high-quality material recovery from end-of-life vehicles is technically feasible for industrial automotive applications.

Under expanded processing and sorting conditions, the consortium increased the percentage of recoverable materials from 6 percent to 51 percent across five focus material groups.

The project evaluated recovery paths for steel, aluminium, copper, plastics and glass. Under optimised processing routes, the recovery rate for steel rose from 1 percent to 81 percent, aluminium increased from 23 percent to 52 percent and copper grew from 48 percent to 68 percent. The improvements were achieved through pre-sorting, modified shredding processes, classification, sensor-based sorting and alloy separation.

Alexander Efthimiou, Senior Vice President Business Development, BMW Group, said, “The circular economy is an integral part of the BMW Group’s corporate strategy. Car2Car shows that its full potential can be realised when the entire value chain is optimised. Together with our partners, we are using the project findings to develop new process and business models that combine environmental and economic benefits, and advance the transition towards a circular automotive industry.”

To address copper contamination that prevents scrap steel from being reused in automotive flat steel, the project introduced a targeted sorting process for which a patent application has been filed. Steel coils produced through this method were tested at BMW Group Plant Leipzig, where over 100,000 series parts were manufactured and installed in vehicles.

Hilke Schaer, Car2Car project manager, BMW Group, said, “With Car2Car, we wanted to understand under which conditions materials from end-of-life vehicles can be reused in new cars. The project has shown the potential in current material streams from end-of-life vehicles that have not yet been optimised for high-quality material loops. The most significant progress was seen with steel: We were able to demonstrate that high-quality flat steel for automotive applications can be produced from end-of-life vehicle scrap. In the field test at BMW Group Plant Leipzig, more than 100,000 series parts were produced using this steel and installed in vehicles – making the project’s results tangible.”

While metal recycling yielded positive results, the consortium noted that technological challenges remain for plastics and glass due to material varieties and complex composite structures. Large-scale implementation across the industry will require process chains, additional infrastructure investments and regulatory frameworks aligned with the European ELV Regulation.

The consortium comprised BMW AG, TU Bergakademie Freiberg, the Helmholtz Institute Freiberg for Resource Technology, Technical University of Munich, Scholz Recycling, STEINERT UniSort, thyssenkrupp Steel Europe, Salzgitter Mannesmann Forschung, Aurubis, Novelis Germany, OETINGER Aluminium and Pilkington Automotive Germany.

Comments (0)

ADD COMMENT

Link Copied!

Cars24 has signed a Memorandum of Understanding (MoU) with the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, to support India's startup ecosystem through initiatives focused on artificial intelligence, mobility, and road safety.

As per the agreement, Cars24 will establish structured programmes for early-stage founders, granting access to its infrastructure, mentor network, funding sources, market connections and technical resources. In turn, the DPIIT will facilitate national outreach and ecosystem integration via the Startup India platform, supporting knowledge exchange, co-branding and policy engagement.

The partnership encompasses five specific areas of operation: mentorship for early-stage founders via the Cars24 Founders' Fellowship, training through Mobility and Autotech Skilling Programmes, technical support and AI integration via Cars24 Labs, investor connections through Fuel by Cars24 and the organisation of an annual Innovation Challenge and Road Safety Hackathon alongside the DPIIT.

Vikram Chopra, Builder, Cars24, said, “Cars24 is proof that Indian founders can start with a difficult, everyday problem and build something on a national scale. We want to pass that possibility on. Through this partnership with DPIIT, we are backing the next generation of builders with more than advice. We want to give them access, capital, talent and a real platform to test ideas that can make India move smarter and safer.”

A senior DPIIT official commented, “Industry participation is central to strengthening India’s startup ecosystem. Collaborations of this kind, where an established market leader opens up its scale, mentorship and resources to early-stage founders, are exactly the bridge between ambition and execution that young startups need. We welcome Cars24’s commitment to mentoring, skilling and supporting product startups across the country.”

The non-binding MoU establishes a framework for ongoing collaboration between both entities to foster technology adoption and entrepreneurship within the Indian mobility sector.

Comments (0)

ADD COMMENT

Link Copied!