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.
Horse Powertrain Launches V20 Engine Via Aurobay Technologies
- By MT Bureau
- May 21, 2026
Horse Powertrain, a leading supplier of powertrain solutions, has launched the V20 engine through its Aurobay Technologies division with production already underway at its Skovde, Sweden, manufacturing facility.
The V20 engine aims to assist automakers in meeting emission regulations for 2026 and 2027 with units destined for customers in Europe, the US and Asia. The 2.0-litre, 4-cylinder engine features a single architecture offered in two variants: a 400-volt plug-in hybrid and a 48-volt mild hybrid. The plug-in version provides a reduction in fuel consumption of seven per cent compared to the predecessor.
The platform design intends to reduce material costs. Hardware for the plug-in variant includes a crankshaft-mounted starter-generator, a mechanical water pump, and a re-routed cooling system. Additional updates include a multi-injection fuel system, an engine management system, and an air induction system.
Ingo Scholten, Managing Director, Aurobay Technologies Sweden and Deputy CTO of Horse Powertrain, said, “Designing one engine to meet three different regulatory regimes is harder than designing three separate engines. As the regulatory map is fragmenting, one engine that meets all three sets of rules delivers greater value to our customers, ensuring we can offer greater economies of scale. Pulling that off requires serious engineering. Further, the Skovde team also successfully changed production lines while keeping current production running.”
The Skovde plant integrated a final assembly line with the base assembly line to improve material flow. This transition occurred during ongoing operations. Output is scheduled to increase through 2026 and 2027 to meet demand.
AEye And MoveAWheeL Ink MoU For Automotive Sensing Collaboration
- By MT Bureau
- May 21, 2026
AEye, Inc. and MoveAWheeL have signed a Memorandum of Understanding to explore the integration of their sensing technologies for use in Advanced Driver Assistance Systems (ADAS) and autonomous driving applications.
The partnership aims to combine AEye’s lidar perception with MoveAWheeL’s road-surface sensing to assist vehicles in interpreting surroundings and road conditions.
The collaboration will evaluate the pairing of AEye’s Apollo LiDAR sensor with MoveAWheeL’s friction-coefficient prediction technology. Apollo is a 1550-nanometer LiDAR sensor capable of detecting objects at distances of up to one kilometre. MoveAWheeL’s sensor uses acoustic sensing to estimate the friction of road surfaces, providing data to inform decisions regarding acceleration, braking and stability control.
Matt Fisch, Chairman and CEO of AEye, said, “Physical AI depends on giving machines the ability to accurately perceive and understand the real world. Apollo was designed to deliver long-range, real-time 3D perception that helps systems see farther and react earlier in complex environments. By exploring the integration of Apollo with MoveAWheeL’s road-surface intelligence, we have the opportunity to create an even deeper understanding of the driving environment, particularly in the adverse conditions where advanced safety systems are needed most.”
Dr. Min-Hyun Kim, Founder and CEO, MoveAWheeL, said, “While LiDAR provides the ‘eyes’ for a vehicle to see obstacles, MoveAWheeL provides the ‘tactile sense’ to feel the road. By integrating our Physical AI with AEye’s long-range perception, we are creating a complete safety stack that remains robust even in the most treacherous weather conditions.”
L&T Technology Services Opens Engineering Intelligence Centre Of Excellence In Europe
- By MT Bureau
- May 21, 2026
L&T Technology Services (LTTS), a leading ER&D sevices company, has inaugurated its first Engineering Intelligence Centre of Excellence (EI CoE) in Munich, Germany. The facility marks a step in the company's Engineering Intelligence (EI) strategy, which focuses on embedding AI across the engineering lifecycle to support intelligent products, autonomous operations and manufacturing systems.
The centre aims to assist global enterprises in transitioning from AI experimentation to industrial transformation by combining domain engineering expertise with technologies such as GenAI, Agentic AI, multimodal AI, Physical AI and edge intelligence. LTTS states that it has filed over 237 patents in AI and GenAI during FY2026.
Located within a technology ecosystem, the Munich EI CoE will function as a collaborative hub for clients in the mobility, industrial products, sustainability and technology sectors. Its work will focus on: Applied AI solutions, Intelligent manufacturing, Software-defined products, Predictive operations and Connected engineering ecosystems.
At present, LTTS serves more than 60 clients in Europe with a team of over 4,500 engineers. The new centre is intended to improve local collaboration with clients, partners and academic institutions, facilitating outcome-driven innovation.
Amit Chadha, Chief Executive Officer & Managing Director, L&T Technology Services, said, “LTTS’ first EI Centre of Excellence in our Munich design centre is a milestone as it brings our deep-tech and EI-based solutions closer to the clients’ R&D hubs across the region. The centre will act as a focal point for innovation, R&D and new product development, redefining how products, platforms and manufacturing are engineered and optimised in the AI era.”
Stellantis Partners Accenture And Nvidia To Deploy Manufacturing Digital Twins
- By MT Bureau
- May 19, 2026
European automaker Stellantis has announced a strategic initiative with Accenture to deploy artificial intelligence (AI)-enabled digital twin capabilities across its global manufacturing network using Nvidia technologies. The project focuses on creating virtual manufacturing environments powered by real-time data and physical AI.
The collaboration integrates Stellantis's automotive infrastructure, Accenture’s digital manufacturing engineering and Nvidia’s accelerated computing platforms and Omniverse libraries.
The system uses virtual factory replicas to validate manufacturing processes prior to physical installation, track metrics for quality control and conduct predictive monitoring.
Initial testing and deployment of the digital twin infrastructure are scheduled to begin with pilot programmes in North America in 2026. The long-term objective is to evaluate scalability across the carmaker's international plant footprint to establish a predictive manufacturing model.
Francesco Ciancia, Head of Manufacturing, Stellantis, said, “We are laying the foundation for the next generation of manufacturing at Stellantis. By combining digital twins, AI and advanced simulation, we are rethinking how we design, operate and continuously improve our production systems. This initiative is designed to work hand in hand with our teams, enhancing their ability to anticipate issues, enabling faster decisions and continuous improvement. Together with Accenture and NVIDIA, we are exploring new ways to drive more scalable and intelligent operations.”
Tracey Countryman, Supply Chain and Engineering Global Lead, Accenture, added, “The opportunity in manufacturing today is to scale AI across complex industrial operations in ways that deliver measurable business value. By partnering with Accenture and harnessing Nvidia’s compute and simulation technologies, Stellantis is positioned to accelerate manufacturing reinvention and lead the industry into a new era of intelligent, high-performance operations.”
The computational framework is built to enable closed-loop optimisation, a process where physical assembly lines and virtual systems continuously exchange data to improve performance. The architecture supports automated throughput adjustment, maintenance scheduling and software-defined factory operations.

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