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.

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MAHLE has introduced an advanced heat recovery system that enhances the efficiency of cabin heating in electric vehicles, directly addressing the challenge of reduced range in cold weather. This innovation, the MAHLE HeatX Range+, reclaims thermal energy from the vehicle's exhaust air. As interior air is expelled, it passes through the air conditioning evaporator, where its heat is transferred to the refrigerant. This captured energy is then used to preheat incoming fresh air before it enters the cabin.

This process reduces the total energy demand for the vehicle's climate control system by approximately 20 percent compared to conventional methods. In practical testing with a mid-size electric vehicle at an outside temperature of -7°C and a cabin target of 20°C, the system extended the driving range by nearly 10 kilometres. Beyond range extension, the continuous influx of fresh air maintains high interior air quality and minimises window fogging.

Engineered for seamless integration, the system has no adverse effect on airflow or acoustics. Its modular design allows manufacturers to incorporate it into existing vehicle architectures easily and cost-effectively. MAHLE developed the technology drawing on its extensive expertise in thermal management, and the current configuration for refrigerant R1234yf can be readily adapted for use with future alternative refrigerants.

Martin Wellhoeffer, Member of the MAHLE Group Management Board, responsible for the business unit Thermal and Fluid Systems, said, "Our HeatX Range+ heat recovery concept maximises the everyday practicality of electric vehicles in winter and makes a decisive contribution to further increasing the attractiveness of electric mobility.”

Dr Uli Christian Blessing, Vice President – R&D Thermal and Fluid Systems, MAHLE, said, "As early as the 1990s, MAHLE introduced the '’Economizer'’, the first cabin heat recovery system concept for passenger and commercial vehicles, thereby pioneering today’s trend towards efficient cabin climate control.”

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Tata Technologies has announced that its battery intelligence platform, WATTSync, is now equipped to meet India’s upcoming Battery Aadhaar requirements. The digital identity and traceability framework aligns with the EU Battery Regulation (EU BR 2023/1542).

The platform supports India’s mandated 21-character Battery Pack Aadhaar Number (BPAN), which allows manufacturers to manage identifiers across production, operations and recycling workflows.

WATTSync utilises a QR-code-enabled identity engine to provide access to both static and dynamic battery data. The system manages manufacturer identifiers, material composition, chemistry and battery carbon footprint (BCF).

To meet mandates for dynamic data, the platform integrates with Battery Management Systems (BMS) to track – State of Health (SoH), charge-discharge cycles, thermal events and operational parameters.

The architecture is cloud-ready and supports API-based data exchange with government-authorised central servers, ensuring traceability across the supply chain.

The platform includes Role-Based Access Control (RBAC) to provide structured data views for suppliers, operators, and regulators. Additionally, AI-driven analytics are used for predictive maintenance, including thermal anomaly detection and Remaining Useful Life (RUL) estimation.

For manufacturers under the ACC-PLI scheme, WATTSync provides provenance documentation to verify cell origin. The platform also tracks recovered materials and carbon footprints to support circular economy objectives and recycling chain mandates in both India and the EU.

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Chinese technology company Pony.ai has announced that the first mass-produced bZ4X Robotaxi, developed in partnership with Toyota, has rolled off the production line. This marks the transition to scaled production and commercial deployment for the collaboration.

The partners plan to produce over 1,000 bZ4X units in 2026. These vehicles will be introduced into commercial services across Tier 1 cities in China, supporting Pony.ai's objective to expand its fleet to over 3,000 vehicles by the end of the year.

The bZ4X Robotaxi is equipped with Pony.ai’s seventh-generation (Gen-7) autonomous driving system. Key features of the hardware include:

• Automotive-Grade Components: 100 percent of the core components meet automotive standards.
• Cost Efficiency: The bill of materials (BOM) cost for the autonomous driving kit has been reduced by 70 percent compared to the previous generation.
• User Features: The system includes Bluetooth unlocking, in-cabin voice interaction, and climate control, with software tuning to reduce motion sickness through refined acceleration and braking.

The vehicle was developed by Pony.ai, Toyota Motor China and GAC Toyota, with production managed by GAC Toyota. The assembly process integrates the Toyota Production System (TPS) and adheres to Toyota’s Quality, Durability and Reliability (QDR) principles. Dedicated systems for quality and safety management have been established to support large-scale operations.

The collaboration between Pony.ai and Toyota began in 2019. Since then, the companies have established a joint venture focused on Robotaxi design and manufacturing. This milestone follows the launch of other Gen-7 models that entered commercial service in November last year.

The partners stated that this production milestone demonstrates a pathway for autonomous technology to move from limited validation to mass production.

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IIT Madras Research Park (IITMRP) and Unicorn India Ventures have partnered to launch an INR 6 billion fund christened - IITM Unicorn Frontier Fund I - dedicated to deep tech startups. The initiative includes an additional INR 4 billion greenshoe option, bringing the total potential corpus to INR 10 billion.

Unicorn India Ventures will act as the fund manager, with the fund aimed to build a portfolio of over 25 companies involved in intellectual property (IP)-led and engineering-heavy sectors, including robotics, space technology, defence, semiconductors and medical technology.

The fund will employ a multi-stage investment approach based on Technology Readiness Levels (TRL):

• Early Stage (TRL 3–4): Initial investments of INR 80 million to INR 100 million to assist innovations through commercialisation hurdles.
• Early Mid-Stage (TRL 5–7): Follow-on capital to support the development of technologies with proven concepts.
• Early Late-Stage (TRL 7–9): Support for companies with proven product technology requiring scale-up and market penetration.

To manage the long gestation periods associated with deep tech, 60 percent of the corpus is allocated for the initial portfolio, while 40 percent is reserved for follow-on rounds to provide patient capital.

Dr Kamakoti Veezhinathan, Director of IIT Madras, said, “Science and technology will play a crucial role in the growth story and towards India becoming Viksit Bharat 2047, focusing on technology sovereignty, AI, semiconductors, defencetech and quantum technology. The need of the hour to reduce reliance on technology imports and strengthen indigenous capabilities. IIT Madras has been in forefront of this wave for over a decade and this Fund is the next logical step for us.”

Natarajan Malupillai, Group CEO of IITM Research Park, added, “India’s deep-tech ecosystem is at a pivotal moment, driven by supportive policies, sustained R&D investments, and a strong entrepreneurial aspiration among our youth. This fund will accelerate the scale-up of mission-driven, globally competitive startups while strengthening India’s culture of innovation & entrepreneurship. We are pleased to partner with Unicorn India Ventures to advance India’s deep-tech leadership—imagining, designing, and building in India for the world.”

Bhaskar Majumdar, Managing Partner of Unicorn India Ventures, said, “It is an honour to be selected by IITM & IITMRP, which have been the backbone of deep tech innovation in India. With our proven understanding of deep tech, we believe we have the resources and the network to support early-stage deep tech companies. As an active deep tech investor, we have already built a portfolio of nearly 30 companies and this new fund in partnership with IITMRP comes at the right time as we have met numerous innovative deep tech companies in the last 2 years.”

A portion of the portfolio will be sourced from the IIT Madras ecosystem, with the remainder selected from the broader Indian deep tech landscape. The fund manager will raise the corpus from IIT Madras alumni and a network of limited partners, including family offices, ultra-high-net-worth individuals and institutions.

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