The 8th ACMA Atmanirbhar Excellence Awards and Technology Summit, organised by The Automotive Component Manufacturers Association of India (ACMA), was held recently in Delhi. The event themed on 'Gearing up for Carbon Neutrality and Sustainability,' emphasised the significance of innovation and sustainability in the auto component industry. The event was graced by industry leaders, senior government officials, and experts from around the world.
In his inaugural address, Sunjay J Kapur, ACMA President and Chairman, Sona Comstar, expressed gratitude towards Prime Minister Narendra Modi for encouraging sustainable development in the country through the 'Panch-amrit' strategy - announced at the COP 26 summit in Glasgow. The strategy aims to establish non-fossil energy capacity, satisfy energy needs with renewable energy, minimise carbon emissions, and attain net-zero emissions by 2070. “As the Indian automotive industry moves forward in 2023 and beyond, it is essential to embrace green and clean technology to remain ecologically relevant.
He highlighted the need for the auto component industry to be ahead of the curve in adopting new environmentally sound technologies, sustainable manufacturing practices, and business models that minimize carbon footprint while embracing the ethos of a circular economy.
Distinguished guests from both the Government of India (GoI) and the industry were present at the event, which included notable figures such as Piyush Goyal, Union Minister for Textiles, Commerce and Industry and Consumer Affairs, Food and Public Distribution in the Government of India; Vinod Aggarwal, President of SIAM, and Chairman of the Jury of ACMA Atmanirbhar Excellence Awards, as well as the Managing Director and CEO of VE Commercial Vehicles, and R. Dinesh, the President-Designate of CII, Executive Vice Chairman of TVS Supply Chain Solutions, and Director of TVS Automobile Solutions.
Extending his warm congratulations to all the winners of the ACMA Atmanirbhar Excellence Awards, Goyal stated that India's future in technology and innovation hinges on investment in R&D and commitment to indigenisation. He highlighted the pivotal role that the auto components industry can play in leading the charge for self-reliance, through increased investment in new technology and design, and by integrating the informal sector to indigenize the value chain. Underscoring the importance of building a strong defence industry and promoting indigenous manufacturing, as this will enable India to be self-reliant and become a reliable and trusted supplier to the world, Goyal stressed the significance of India emerging as a supplier to the world and commended ACMA's active role in supporting start-ups and smaller businesses to indigenise the entire value chain and integrate them into the mainstream.
The eminent jury for the Awards included Vinod Aggarwal, President, SIAM and MD & CEO, VE Commercial Vehicles Limited (VECV), Sunil Kakkar, Sr. Executive Officer - Supply chain, Maruti Suzuki India Ltd., Rajesh Uppal, Member Executive Board (HR, IT and Safety), Maruti Suzuki India Ltd., Anandakrishnan, Sr. VP (Purchase), TVS Motors Ltd., Vipin Kaul, Purchasing Leader Cummins India ABO, Cummins India Ltd., Angela Mans, Head of Foreign Trade and International Relations, German Association of the Automotive Industry (VDA), V. Sridhar, Senior Director, Purchase, Honda Motorcycle and Scooter India Pvt Ltd., Ganesh Mani S., President and COO, Ashok Leyland, Sundar, Asst Vice President, Unit Head, HMIL Procurement, Hyundai, Raju Ketkale, Executive Vice President, Toyota Kirloskar Motors Pvt Ltd., B. Srinivas, Executive Vice President-Product Strategy and Purchasing, VE Commercial Vehicles.
The event concluded with the announcement of 68 auto component manufacturers who were awarded the prestigious ACMA Atmanirbhar Excellence Awards across categories of Excellence in Manufacturing, Sustainable Business, Digitisation, Localisation, and Exports.
Neusoft And MapmyIndia Partner For Intelligent Mobility Solutions
- By MT Bureau
- December 06, 2025
Chinese technology company Neusoft Corporation and Mappls MapmyIndia have signed a Memorandum of Understanding (MoU) to leverage their strengths in software and data resources to collaborate deeply.
The companies will engage in joint technological development, ecosystem collaboration and resource integration to provide navigation products and intelligent mobility solutions tailored to localised needs in emerging markets such as Southeast Asia and India.
The partnership is a response to the fact that while global auto brands are expanding into Southeast Asia and India, they face challenges in these regions due to complex road conditions, unique traffic rules, extensive addressing systems and high localisation adaptation costs. These issues limit the ability of automakers to deliver a complete intelligent user experience.
Under the collaboration, Neusoft will adopt its OneCoreGo Global Intelligent Mobility Solution 6.0 Plus as the core technology carrier, deeply integrating MapmyIndia's map data, real-time traffic information and multi-dimensional value-added services. MapmyIndia is noted as the largest local mapping company in India, holding more than 90 percent market share in in-vehicle navigation.
The integration is intended to strengthen a full capability loop of ‘navigation + payment + interaction + connectivity + operations’.
Through API integration and technological convergence, the two parties will jointly develop navigation products and mobility solutions highly adapted to Southeast Asia, India and similar regional markets. These solutions will deliver precise route planning and real-time traffic guidance, address local user needs and continuously enhance product experience and scenario-based services. This will help automotive partners rapidly launch intelligent vehicle models with competitiveness in local markets.
The partnership enables Neusoft to combine the global end-to-end strengths of its solution with localised ecosystem resources, paving the ‘last mile’ for automakers entering the Southeast Asian and Indian markets and delivering comprehensive intelligent mobility experiences.
- Ultraviolette Automotive
- Zoho Corporation
- Lingotto
- F77
- X-47
- Shockwave
- Tesseract
- Narayan Subramaniam
- Niraj Rajmohan
Ultraviolette Secures $45 Million Growth Capital From Zoho And Lingotto
- By MT Bureau
- December 04, 2025
Bengaluru-based electric vehicle maker Ultraviolette Automotive has secured USD 45 million from Zoho Corporation and Lingotto, one of Europe's investment management companies as part of its ongoing Series E investment round.
The investment from Zoho Corporation was led by Sridhar Vembu, Mani Vembu and Kumar Vembu.
This growth capital will accelerate the domestic and international scale-up of current products F77 and X-47, as well as future product platforms Shockwave and Tesseract.
Ultraviolette has built a design and technology-led enterprise with the F77 and the recently launched X-47.
The company has expanded to 30 cities across India in a short span of 12 months and is expanding to 100 cities by mid-2026. The F77 motorcycles were recently launched in the United Kingdom, bringing Ultraviolette's presence to 12 countries across Europe.
Narayan Subramaniam, Co-Founder & CEO, Ultraviolette Automotive, said, “We are glad to announce our Series E investment from Zoho and Lingotto. Lingotto's legacy of backing iconic performance and mobility brands, combined with Zoho's long-term commitment to fostering cutting-edge Indian innovation, aligns perfectly with Ultraviolette's mission to build category-defining electric mobility solutions for India and global markets.”
Niraj Rajmohan, CTO & Co-Founder, Ultraviolette, said, "With the ongoing Series E investments, we are doubling down on growth and expanding our production to meet increasing demand. Our focus is on advancing breakthrough battery technology, elevating performance capabilities and expanding production to support upcoming product platforms. This investment will accelerate our journey towards scaling into India and global markets."
Disseqt AI Partners Tata Technologies And Infosys For Agentic AI Adoption
- By MT Bureau
- December 04, 2025
Agentic AI platform Disseqt AI has announced a partnership with Tata Technologies and Infosys. As per the agreement, Disseqt AI will assist both companies' IT and DevOps teams in developing and fast-tracking the production of tailored Agentic AI applications for automobile and FinTech companies globally.
The partnership aims to help auto and FinTech firms embrace customised Agentic AI faster and in a secure manner.
Disseqt AI, which has operations in Bengaluru, San Francisco and Dublin, provides an enterprise-grade platform for IT and DevOps teams. The company claims its platform cuts down Agentic AI testing and operations cost by 70 percent and improves productivity by up to 80 percent. The platform allows these teams to test, simulate and monitor their Agentic AI systems tailored across industries, ultimately enabling enterprises to operationalise tailored Agentic AI faster and at scale, without sacrificing ethics, governance and compliance.
Apoorva Kumar, Founder and CEO, Disseqt AI, said, “This is a landmark announcement for us as we further embed Disseqt into enterprise workflows for testing, simulation, monitoring and auditability purposes. We are already working closely with both Tata and Infosys on several projects and are proud to be part of their innovation initiatives”
Last month, Disseqt AI announced a strategic collaboration with HCLTech and Microsoft to guide financial services institutions with Agentic AI adoption.
Battery Passport Implementation Beyond EVs To Be Focus Of Barcelona Event
- By MT Bureau
- December 03, 2025
Battery and Energy Storage Europe has announced a programme focused on the EU Battery Passport, a regulatory milestone that becomes mandatory in February 2027. The Barcelona-based event will address the compliance gap for applications beyond the electric vehicle (EV) sector, which have dominated the conversation to date.
The event, taking place on 8th and 9th September 2026 at Fira de Barcelona's Gran Via venue, will focus on solutions and talks for applications that fall within the regulation's scope: stationary energy storage, industrial batteries, grid-scale systems, long-duration energy storage and emerging applications in aerospace, maritime and rail electrification.
With the February 2027 legal requirement date approaching, the programme will bring together industry leaders, technology providers, and policy experts to address the compliance challenges facing these diverse sectors.
The Battery Passport is a digital record documenting a battery's entire lifecycle, from raw material sourcing to production, performance and eventual recycling. From February 2027, it becomes mandatory for all rechargeable EV, industrial and LMT batteries over 2 kWh sold in the EU.
Linked via QR code, the passport will track each battery's complete lifecycle, including composition, carbon footprint and recycled content, fundamentally transforming supply chain transparency and sustainability practices across Europe.
The programme will explore implementation topics including digital infrastructure requirements, data management systems, supply chain integration, verification processes and recycling traceability.
Ken Davies, Conference Programme Director at Battery and Energy Storage Europe, said, "The Battery Passport represents one of the most significant regulatory shifts our industry has faced, yet many companies are still grappling with what implementation actually means for their operations. While the EV sector has dominated the conversation, there's a critical need to address how this regulation applies to stationary storage, industrial applications and the innovative battery technologies powering Europe's energy transition. With the clock ticking toward February 2027, Battery and Energy Storage Europe will shine a light on the practical implementation requirements for these often-overlooked sectors, connecting stakeholders with actionable solutions and bringing together the expertise, technology providers, and collaborative spirit needed to turn compliance into competitive advantage across the full spectrum of battery applications."

Comments (0)
ADD COMMENT