61st SIAM Annual Convention
- By Bhushan Mhapralkar
- October 08, 2021
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.
- TIER IV
- Next-Generation Edge AI Semiconductor Research and Development Programme
- Japan Science and Technology Agency
- JST
- Level 4 autonomous
- SoC
- Professor Yoshihiro Kawahara
- Tensor Operator Set Architecture
- TOSA
- PyTorch
- Shinpei Kato
TIER IV Joins Japan's Edge AI Semiconductor Development Programme
- By MT Bureau
- August 16, 2026
Open-source autonomous driving software company TIER IV has joined the Next-Generation Edge AI Semiconductor Research and Development Programme, led by the Japan Science and Technology Agency (JST). The initiative focuses on the development of a software-defined system-on-chip (SoC) designed for Level 4 autonomous driving applications.
As part of the programme, a team led by Professor Yoshihiro Kawahara at the University of Tokyo is researching physical AI chip design based on specific use cases. Concurrently, TIER IV is developing the logic design for an AI chip aimed at processing inference for end-to-end autonomous driving systems. TIER IV plans to open-source the resulting logic design, compiler, and software toolchain to allow semiconductor manufacturers and developers to modify and build upon the hardware architecture.
The project focuses on developing hardware architectures tailored for Transformer AI models, which process sensor data from cameras and point clouds for perception and motion planning.
The chip design incorporates dedicated circuits for matrix multiplication and attention mechanisms, aiming to reduce power consumption from external memory transfers. To maintain software adaptability, TIER IV is integrating the Tensor Operator Set Architecture (TOSA) as an intermediate representation layer between AI frameworks such as PyTorch and the chip hardware.
The initiative also applies formal verification techniques to mathematically trace numerical consistency during AI model compilation.
Shinpei Kato, Founder and Chief Executive Officer, TIER IV, said, “Advances in AI have been accelerated by powerful computing platforms, including GPUs, which have enabled rapid progress across the industry. As Level 4 autonomous driving moves toward broader deployment, we believe the next step is to complement these platforms with computing architectures designed for real-world and real-time requirements. Through this initiative, we are introducing a software-defined and open approach to AI chip design that combines power efficiency, adaptability, transparency and verifiability. In particular, the ability to understand how an AI model is transformed for execution and to verify the correctness of that processing will be increasingly important as autonomous driving systems are deployed in safety-critical environments. By extending the open-source philosophy behind Autoware from software to AI chip design and related toolchains, we aim to create an open ecosystem in which automakers, semiconductor manufacturers and developers can build upon the technology and continue advancing their own systems. This represents an important step toward a scalable, adaptable and reliable computing foundation for Level 4 autonomous driving.”
Professor Yoshihiro Kawahara stated, “In physical AI applications such as robotics and autonomous driving, GPU power consumption has long been a major bottleneck for deployment on battery-powered devices. This project aims to fundamentally overcome this constraint through a functionally differentiated chip design backward-mapped from specific use cases. I look forward to TIER IV developing chips responsible for high-level decision-making – specifically, the high-level behavioural layer that handles the thinking process essential for end-to-end physical AI and autonomous driving. As the leading force behind Autoware, the global standard open-source software for autonomous driving, TIER IV is democratising design, with an approach spanning application requirements to hardware. This enables applied researchers to shape their ideal semiconductors. This initiative, supported by an open ecosystem, has the potential to lay the foundations for a steady stream of Japanese startups creating high-value semiconductors.”
- Stonerdige
- Inc.
- EVO ECU
- IAA Transportation 2026
- Renesas Electronics
- Christian Leblanc
- Natalia Noblet
- Aish Dubey
Stoneridge To Debut EVO ECU Platform For Commercial Vehicles At IAA Transportation
- By MT Bureau
- August 14, 2026
American automotive supplier Stoneridge, Inc. has announced details of its EVO ECU Platform, which will debut at IAA Transportation 2026 in Hanover, Germany.
The electronic control unit (ECU) is engineered for commercial vehicles, buses, coaches and off-highway applications to consolidate system architecture and support software-defined capabilities.
The platform replaces multiple individual control units with a centralised processing architecture designed to manage vehicle data, enable remote software updates and facilitate diagnostics.
The ECU is developed in collaboration with technology partner Renesas Electronics using its R-Car system-on-chip technology and the hardware is built to withstand operating conditions involving temperature variations, vibration and dust exposure.
Christian Leblanc, Global Vice-President of Product and Project Management, Stoneridge, said, “Commercial vehicles are becoming increasingly connected and intelligent, but traditional vehicle architectures were not designed to support the pace of innovation happening today. EVO provides a scalable platform that helps simplify integration, improve vehicle performance and give our customers the flexibility they need to adapt as technology continues to evolve.”
“Fleet customers were at the centre of our development process. EVO helps enable faster troubleshooting, fewer service interruptions and the ability to continuously improve vehicle capabilities throughout the vehicle lifecycle,” added Leblanc.
The software structure was developed alongside Green Hills Software to segregate safety-critical operations while allowing system updates. Additionally, Stoneridge partnered with indie Semiconductor to produce the platform's image processor, supporting camera integration and driver assistance systems.
Natalia Noblet, President and CEO, Stoneridge, said, “Our industry is undergoing a significant transformation, driven by increasing connectivity, automation and evolving regulatory requirements. EVO represents our commitment to helping customers navigate that transformation with a flexible platform designed to support innovation today and tomorrow.”
Aish Dubey, Vice-President and Head of the HPC SoC Division, Renesas Electronics, commented, “Stoneridge’s EVO ECU Platform demonstrates how commercial-vehicle manufacturers can modernise vehicle electronics for demanding operating environments. Our collaboration brings together Stoneridge’s commercial-vehicle expertise and Renesas’ R-Car system-on-chip, power-management and programmable mixed-signal technologies to create a scalable, automotive-grade foundation for connected and software-defined commercial vehicles.”
The system has undergone field testing within the Stoneridge Innovation Truck demonstrator vehicle, which will be exhibited alongside the platform at the Hanover trade show.
Rapido Secures 5-Year Aggregator License For Cab Services In Karnataka
- By MT Bureau
- August 13, 2026
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.
LTTS Launches End-to-End Agentic AI Solution For Manufacturing And R&D
- By MT Bureau
- August 11, 2026
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.”

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