Recording a consolidated revenue for the first quarter of FY2024-25 at INR 41.06 million as compared to INR 38.77 million in the corresponding period last fiscal, marking an increase of 5.9 percent, Bharat Forge experienced substantial contribution from defense sector and the oil and gas sector. 

In its BSE filing, the group has mentioned that its Ebitda grew by 22.8 per cent Y-o-Y to Rs 760 crore in Q1FY25. Recording a 10 percent (year-on-year) rise in revenue from operations on a standalone basis, the group recorded a profit-after-tax (PAT) of INR 26,94 million in Q1 FY2024-25 as compared to 31,14 million in the corresponding period last fiscal, an increase of 13.5 percent. 

Securing new orders worth Rs 9.8 million across the defense, ferrous and aluminum castings and core forging business segments, Bharat Forge’s defense business posted revenue of INR 6,42 million in Q1 FY2024-25, a year-on-year increase of 147 per cent. 

The group won orders worth INR 7,75 million. Its executable order book as of June 30 was for INR  54 billion. It consisted of orders such as artillery guns, vehicles and consumables. 

One of the leading forging companies in India and a global provider of high-performance, innovative, safety and critical components to sectors like automotive, railways, defense, construction and mining, aerospace, marine and oil and gas, Bharat Forge reported that its wholly owned subsidiary Kalyani Powertrain limited (KPTL) holds 64.29 percent equity shares of Tork Motors Pvt Ltd (TMPL) which is engaged in manufacturing electric bikes. It is part of a separate cash generating unit (CGU) as defined by Ind AS 36.

In light of recent developments in two-wheeler EV market and its adverse impact on TMPL operations, a provision for impairment of INR 1,517 million has been considered in consolidated financial statements of the company. Consequently, the Company has recorded provision for impairment of INR 1,456 million for investment in KPTL in the standalone financial statements for the period ended June 30, 2024. 

The group announced in its filing a fair value adjustment (loss) for investment In Tevva Motors Limited of INR 2,794 million (Standalone financial results) and INR 2,936 million (Consolidated financial results) through other comprehensive income for quarter and year ended 31 March 2024.

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Automechanika Frankfurt, one of the leading automotive aftermarket trade fairs, will introduce a technology exchange platform, named ‘HighTech4Mobility’, in September 2026.

The format will address the impact of software-defined vehicles, connected platforms, and artificial intelligence on vehicle maintenance, parts distribution and aftersales business models.

The event will gather original equipment manufacturers, Tier-1 suppliers, software companies, investors and workshop representatives at the Festhalle venue. Program topics encompass software architectures, advanced driver assistance systems, autonomous driving, cybersecurity, data management and digital services. Discussions will evaluate how vehicle data access, over-the-air software updates, and predictive diagnostics alter traditional repair and service workflows.

Olaf Mubhoff, Director, Automechanika Frankfurt, said, “The pace of technological development in the mobility sector is breathtaking. This means it is more important than ever that developments are quickly recognised and understood, so that people can share their experiences and assess the opportunities presented by new technologies. HighTech4Mobility addresses this need by providing a forum for exchange between key industry players.”

The event schedule includes joint presentations on artificial intelligence applications in aftersales by the IBM Institute for Business Value, Google Cloud and the Boston Consulting Group.

Benteler Mobility will present developments in autonomous driving and robotics, while German digital association Bitkom will conduct sessions on cybersecurity in software-defined vehicles. Additionally, the Technical University of Braunschweig will provide two demonstration vehicles to test vehicle monitoring software.

The platform follows a series of pre-fair events, including the HEY/PIONEER receptions in Berlin and Las Vegas, the Innovation4Mobility Talk in Munich and webinars hosted with industry partners.

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Daimler Truck, the Volvo Group, Cellcentric, and Toyota Motor Corporation have signed a binding agreement for Toyota to join Cellcentric as an equal partner and shareholder. Under the terms of the deal, each owner will hold a one-third stake in the joint venture.

The binding contract follows a non-binding agreement signed in March. Completion of the transaction is expected by the end-2026 or early-2027 and remains subject to regulatory approvals.

Through the partnership, the companies intend to expand Cellcentric’s technological lead, industrial scale and competitiveness in fuel cell systems for heavy-duty commercial applications. The partners also plan to work with industry associations and entities across the hydrogen value chain to support hydrogen supply and infrastructure development.

Cellcentric will continue to operate as an independent company, supplying heavy-duty on-road and off-road transport, as well as applications such as coaches, stationary power generation, rail and heavy off-highway equipment.

Daimler Truck, the Volvo Group and Toyota Motor Corporation will continue to compete independently across all other business areas.

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InfiMotion hosted the launch event for the Geely 16-in-1 intelligent electric drive system at its headquarters in Wuxi on July 16. The electric drive system is scheduled for debut in the Geely Galaxy TT series.

The company operates research and development (R&D) centres in Wuxi, Shanghai, Ningbo, Hangzhou and Gothenburg, supported by a testing facility featuring a 30,000 rpm motor test bench and five production bases in China. InfiMotion supplies electric drive solutions to automotive brands including Geely, Volvo and Jaguar Land Rover.

Joe, CEO of InfiMotion, highlighted InfiMotion’s global R&D footprint spanning Wuxi, Shanghai, Ningbo, Hangzhou and Gothenburg, Sweden. More than 1,000 engineers, including over 100 specialists in Sweden, work collaboratively through a cloud‑based development platform, enabling synchronised hardware, software and algorithm development across continents.

“Global collaboration is not simply about working across different locations – it is about moving at the same pace. Our development process is built around real‑world global driving conditions, from sustained high‑speed operation on Germany’s unrestricted highways, to sub‑zero cold starts in the Nordic region, and continuous high‑load performance in Southeast Asia’s hot and humid climate,” said Joe. 

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Epson, a global leader in SCARA robot manufacturing, has unveiled its next-generation industrial robotics portfolio at Automation Expo Mumbai 2026. The newly introduced lineup features the high-end CX-A Series 6-axis robots, the LS-C Series SCARA robots, the RC+ 8.0 programming software and the advanced SafeSense safety technology, all designed to address diverse manufacturing applications such as pick-and-place, precision assembly, parts transfer and material handling.

The new offerings significantly expand Epson’s existing industrial robotics family, which already includes the 6-axis C-Series and SCARA T-Series and LS-Series models with payloads ranging from 3 to 20 kilogrammes. With the addition of the CX-A and LS-C Series, manufacturers across various sectors can achieve heightened productivity, flexibility and operational efficiency. The CX-A Series is engineered for complex tasks with a payload capacity of up to seven kilogrammes and a reach of 900 millimetres, available in IP67, cleanroom and ESD variants, while the LS-C Series provides a compact SCARA platform with a 50-kilogramme payload, a 1,000-millimetre reach and cycle times as fast as 0.298 seconds.

Complementing the hardware, the RC+ 8.0 software offers an integrated environment for programming, simulation and system management, facilitating faster automation deployment with support for Visual Studio and C++ development. Additional efficiency features include enhanced diagnostics, OPC UA, GUI builder and safety functions, alongside co-creation tools like Library Builder and RC+ Extension. Meanwhile, the SafeSense technology promotes safer human-robot collaboration by incorporating Safety Limited Speed and Safety Limited Position functions, which can potentially reduce the need for extensive safety fencing and thereby increase operational flexibility.

With over four decades of industrial robotics expertise and more than 200,000 robotic arms deployed globally, Epson continues to drive operational excellence for businesses. Attendees at Automation Expo Mumbai 2026 have the opportunity to view live demonstrations of these solutions and consult with Epson specialists about transforming their manufacturing operations.

Siva Kumar, Sr General Manager – Sales and Marketing, Epson India, said, "India is rapidly emerging as a global manufacturing hub, and automation will play a pivotal role in shaping its future. With our new industrial robot lineup and RC+ 8.0 platform, Epson is delivering the speed, precision and intelligence manufacturers need to compete in an increasingly dynamic marketplace. We remain committed to enabling businesses to accelerate automation adoption and build smarter, more agile and globally competitive manufacturing operations."

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