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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Cadence Design Systems, Inc. has finalised its acquisition of Hexagon AB’s Design and Engineering (D&E) business. The EUR 2.7 billion transaction was funded through 70 percent cash and 30 percent Cadence common stock.

The acquisition incorporates Hexagon D&E’s MSC Software solutions, including MSC Nastran and Adams, into the Cadence System Design and Analysis (SDA) portfolio. The integration combines structural analysis, acoustics and multibody dynamics with Cadence’s existing technologies in electronics, computational fluid dynamics (CFD) and BETA CAE structural processing.

Cadence aims to utilise the combined portfolio to address the Physical AI market. By coupling physics-based simulation with AI design tools, the company intends to provide platforms for creating virtual representations of systems. These tools are designed to predict system behaviour in conditions involving motion, vibration, and fluid-structure interactions.

Key components of the integrated platform include:

• Structural Analysis: MSC Nastran for finite element analysis.
• Multibody Dynamics: Adams for mechanical system simulation.
• Electronics and CFD: Existing Cadence portfolios for electromagnetic and fluid flow analysis.
• Pre/Post Processing: BETA CAE technologies for data preparation and validation.

The combined data generated from these simulations will be used to train and validate AI models for applications in robotics, autonomous systems and transportation.

Cadence expects the acquired business to contribute an incremental USD 160 million to its 2026 revenue. On a non-GAAP basis, the transaction is anticipated to be approximately 28 cents dilutive to 2026 earnings per share, with the company projecting the acquisition to become accretive in 2027.

Anirudh Devgan, President and CEO, Cadence, said, “This acquisition marks a major milestone in advancing our vision for intelligent system design. By combining our industry-leading computational software and AI-driven design expertise with MSC Software’s world-class structural and physics-based analysis technologies, we’re empowering customers to push the boundaries of what’s possible – from autonomous systems and advanced robotics to the future of transportation.”

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Dell Technologies and McLaren Racing have extended their partnership, continuing Dell’s role as the Official Innovation Partner for the McLaren Mastercard Formula 1 Team. The collaboration focuses on the use of AI infrastructure and hardware to support car development and trackside operations.

The partnership, which began in 2018, has integrated Dell’s technology into McLaren’s design, engineering and race-day decision-making processes. This infrastructure supported McLaren during its Constructors’ Championship titles in 2024 and 2025, as well as its Drivers’ Championship win in 2025.

McLaren utilises the Dell AI Factory, including PowerEdge servers, to process 1.5 terabytes of data during a race weekend. This setup allows the team to run simulations and maintain digital twins of the cars to refine race strategies. The system monitors variables such as hydraulic changes and track conditions in real time.

To manage data-intensive workloads, including Computational Fluid Dynamics (CFD) and modelling, the team employs PowerStore and PowerScale storage solutions. This allows for the scaling of data infrastructure to meet the demands of high-performance computing.

Dell PCs are used across the organisation for collaboration and data access between the factory and the racetrack. Engineers and strategists use AI-optimised PCs to manage workflows and support driving simulation systems used for driver training. Additionally, Alienware systems power the McLaren F1 Sim Racing Team.

Zak Brown, chief executive officer, McLaren Racing, said, “Our work with Dell Technologies has become a natural part of how we operate as a Formula 1 team. Their support strengthens the way we work across the organisation, helping us stay agile and competitive in a sport where every detail matters. Extending this relationship reflects the confidence we have in what we can achieve together.”

Gerri Tunnell, Chief Marketing Officer, Dell Technologies, said, “The relationship between Dell Technologies and McLaren Racing showcases what’s possible when two organisations are dedicated to pushing boundaries. Dell’s solutions are a catalyst for human progress. With McLaren, we’re demonstrating how the combination of powerful technology and human ingenuity can deliver real competitive advantages in high-stakes environments - an approach that inspires innovation across industries worldwide.”

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Dassault Systemes has announced that Bernard Charles has stepped down as Executive Chairman and member of the Board of Directors for personal reasons, effective immediately.

The Board has unanimously appointed Pascal Daloz, the company’s current Chief Executive Officer, to the dual role of Chairman and CEO. The transition, effective from 21 February 2026, follows the recommendation of the Compensation and Nomination Committee.

Charles, a Co-Founder who has been with the company for 40 years, led Dassault Systemes through six generations of industry transformation. While stepping down from his formal duties, Charles will remain available to the company to assist in the adoption of ‘3D UNIV+RSES’ powered by artificial intelligence.

Daloz, who has worked with Charles for 25 years, will now lead the company's ‘Gen7’ strategy. This phase focuses on industrial AI and generative economy solutions within the 3DEXPERIENCE platform.

Key Strategic Focus Areas:

Industrial AI: Integration of artificial intelligence into 3D design and simulation.

Generative Economy: Redefining industry innovation and competition.

Product Lifecycle Management (PLM): Maintaining market leadership in digital twin and PLM technologies.

Pascal Daloz, said, “I am honored to succeed Bernard Charles as Chairman of Dassault Systemes, in addition to my mission as CEO. I would like to thank Bernard for his trust, his unwavering support and his inspiration. We share the same vision: pushing the boundaries of science and imagination to change the lives of consumers, patients and citizens - bringing "virtual worlds to real life". We also share a common conviction about the plan required to turn that vision into reality. As Co-Founder and CEO, Bernard guided our company from a startup to a world leader. The inspiration behind Dassault Systemes' leading technologies, he has instilled a culture of ongoing innovation within our organization. He has helped transform industries for a more sustainable world. I thank Bernard for his offer to remain available to help us accelerate the adoption of 3D UNIV+RSES powered by AI. Our ambition is clear: to lead the transformation powered by Industrial AI through 3D UNIV+RSES. This is a long-term commitment to further redefine how industries innovate, operate and compete in the Generative Economy. I am committed to ensuring that Dassault Systemes retains the freedom needed to remain a game-changer and to accelerating growth.”

Bernard Charles, commented, “I have requested to be released, for personal reasons, from my duties as Executive Chairman of the Board of Dassault Systemes. As Co-Founder of our company, alongside Charles Edelstenne, I am truly pleased that Pascal Daloz succeeds me in this role. Pascal and I have worked side by side for 25 years, and he has my full confidence to both lead the company and organize the Board's work. This decision reflects the enduring continuity of the company’s governance, which is a major source of trust for our large clients around the world. I am firmly convinced that this new configuration creates the strongest conditions for the continued and successful development of Dassault Systemes. I love and am deeply proud of Dassault Systemes - its people, its teams, its customers, its purpose and values and what we build together. I am, at heart, a product and technology leader; this is my passion. I will remain fully available to the company to accelerate the adoption of 3D UNIV+RSES. Over the past 40 years, I have driven six generations of industry transformations, leading cutting-edge product innovation. “Gen7” is now well defined and architected. Pascal and his remarkable team will drive further this tremendous heritage for the success of our clients, partners and shareholders.”

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VI-grade has announced the installation of its HyperDock cockpit at Multimatic’s Vehicle Dynamics Centre in Novi, Michigan. This deployment marks the first instance of HyperDock technology in North America. The system upgrades an existing DiM250 driving simulator, installed in 2020, into a platform capable of simultaneous vehicle dynamics and NVH (Noise, Vibration, and Harshness) development.

The HyperDock consists of a carbon-fibre cockpit designed to increase stiffness and reduce inertia. By removing the traditional top disk in favour of a direct actuator interface and integrated vibro-acoustic feedback, the system allows engineers to assess ride, handling and acoustics within a single environment.

The upgrade introduces ‘full-spectrum’ simulation, which bridges the gap between high-frequency vibration testing and low-frequency motion cues.

• Construction: Lightweight carbon-fibre frame.
• Interface: Direct actuator connection to minimise signal delay and mechanical loss.
• Feedback: Integrated tactile and audio systems for vibro-acoustic realism.
• Application: Simultaneous tuning of vehicle handling and interior cabin noise.

Peter Gibbons, Technical Director – Vehicle Dynamics, Multimatic, said, “After evaluating the VI-grade HyperDock Full Spectrum Simulator cockpit at the SimCenter Udine over a year ago, Multimatic quickly realized that it would provide a significant step forward in the fidelity of all DiM applications, from road car ride tuning to race car limit handling. The overwhelmingly positive responses from Murray White, Technical Director of Vehicle Development at Multimatic, and Dirk Müller, professional race car driver, affirmed Multimatic’s decision to upgrade to HyperDock. The added immersion, superior tactile feedback, and audio advancements have moved the goalposts well beyond our expectations. Multimatic looks forward to continuing to leverage the impressive capabilities of HyperDock over the coming years.”

Alessio Lombardi, Global Sales Director – Simulation, VI-grade, added, “With the addition of HyperDock, Multimatic now benefits from full-spectrum simulation capability, expanding the scope of development activities that can be performed on an already well-established simulator platform. This installation represents an important milestone for VI-grade, as it brings HyperDock technology to North America for the first time.”

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