Igus India Expands Presence With New Manufacturing Plant
- By Gaurav Nandi
- August 22, 2024
Motion plastics manufacturer, Igus India expanded its footprint in the country by inaugurating a new manufacturing plant spanning 92,000 square feet in Bengaluru Thursday.
The state-of-the-art plant in Mandur near Budigere in Bengaluru comes at a point when the company prepares to focus on new divisions dedicated to the semi-conductor and renewable energy sectors, areas poised for substantial growth. The expansion is part of Igus’s long-term strategy to enhance its operational capabilities and support its extensive customer base in India.
The newly inaugurated facility is a testament to the company’s long-term commitment to India, involving an investment of over INR 1 billion. This financial outlay reflects the company’s dedication to maintaining its competitive edge through innovation and cutting-edge technology.
Of the total investment, INR 200 million have been allocated for setting up the factory, INR 400 million for advanced injection moulding machines and INR 200 million for enhancing the manufacturing process. The plant’s infrastructure is designed to meet the high standards of motion plastics production, ensuring that Igus India continues to deliver world-class products tailored to the unique demands of the Indian market.
Since its establishment as a wholly-owned subsidiary in 2000, Igus India has become a prominent player in the motion plastics industry, catering to over 19,000 customers across the country. The company’s extensive product catalogue boasts 125,000 parts, which are used in a variety of customer-driven assemblies, many of which are customized and assembled locally. This vast array of products underscores Igus’s commitment to innovation and customer satisfaction, with over 200 new products introduced annually. The company’s ability to adapt to the evolving needs of its customers has been a key driver of its success in the competitive Indian market.
Looking ahead, Igus India has ambitious plans to further strengthen its operational capabilities and market presence. The company is eyeing significant revenue growth, with expectations of reaching INR 3.4 billion in revenue this year. To support this growth and enhance its logistical efficiency, Igus India plans to establish new logistics and assembly centres in Pune, Gurugram and Noida. These new facilities will enable Igus to better serve its customers across India, reducing lead times and improving overall service delivery.
The focus on emerging industries like semi-conductors and renewable energy is a strategic move by Igus India to align itself with sectors that are poised for substantial growth in the coming years. As India continues to invest in its semi-conductor manufacturing capabilities and renewable energy infrastructure, the demand for high-quality motion plastics is expected to rise. Igus India’s expansion positions the company to capitalise on these opportunities, offering innovative solutions that meet the specific needs of these rapidly growing industries.
The opening of the new manufacturing facility in Bengaluru marks a significant milestone for Igus India, reinforcing its position as a leader in the motion plastics industry. With a strong commitment to innovation, customer satisfaction and market expansion, Igus India is well-positioned to achieve its growth objectives and continue delivering value to its customers across the country.
Emphasising the strategic importance of this expansion, Igus India Managing Director Deepak Paul stated, “The Indian market presents tremendous potential for Igus as demonstrated by our continued growth and investment here. Our objective is to deliver cutting-edge products and solutions not only to our customers in India but also on a global scale. Igus’s global focus on cost-sensitive and sustainable solutions, encapsulated in our motto ‘Tech up, cost down,’ is perfectly aligned with the Indian approach to technology and innovation. This alignment has been a key driver of our significant growth in the country. As we look forward, our plans include expanding beyond Bengaluru, with logistics and assembly centres set to be established in Pune, Gurugram, and Noida.”
Igus India is currently the 6th largest subsidiary among Igus’s 38 global subsidiaries, a position that reflects its strong performance and growth potential. Over the past two years, Igus India has doubled its market growth, with revenue figures climbing from INR 1.99 billion to INR 3.13 billion. The company expects this upward trajectory to continue. Additionally, Igus India has invested in a clean room testing facility in Germany and plans to establish a similar setup in India, further enhancing its product development and quality assurance capabilities.
Commenting on the occasion, Country Manager and Director Santhosh Jacob said, “Technology and innovation are at the core of everything we do at Igus. With a catalogue of 125,000 parts and 247 new products introduced this year, we are constantly inspired by our customers’ needs to push the boundaries of what is possible. Our ongoing expansion of the motion plastics product world, coupled with the integration of digitalization and AI, is a testament to our long-term corporate strategy. We are making significant progress in embedding digitalization as a key technology at Igus, which will play a crucial role in our future growth and success.”
- TIER IV
- Next-Generation Edge AI Semiconductor Research and Development Programme
- Japan Science and Technology Agency
- JST
- Level 4 autonomous
- SoC
- Professor Yoshihiro Kawahara
- Tensor Operator Set Architecture
- TOSA
- PyTorch
- Shinpei Kato
TIER IV Joins Japan's Edge AI Semiconductor Development Programme
- By MT Bureau
- August 16, 2026
Open-source autonomous driving software company TIER IV has joined the Next-Generation Edge AI Semiconductor Research and Development Programme, led by the Japan Science and Technology Agency (JST). The initiative focuses on the development of a software-defined system-on-chip (SoC) designed for Level 4 autonomous driving applications.
As part of the programme, a team led by Professor Yoshihiro Kawahara at the University of Tokyo is researching physical AI chip design based on specific use cases. Concurrently, TIER IV is developing the logic design for an AI chip aimed at processing inference for end-to-end autonomous driving systems. TIER IV plans to open-source the resulting logic design, compiler, and software toolchain to allow semiconductor manufacturers and developers to modify and build upon the hardware architecture.
The project focuses on developing hardware architectures tailored for Transformer AI models, which process sensor data from cameras and point clouds for perception and motion planning.
The chip design incorporates dedicated circuits for matrix multiplication and attention mechanisms, aiming to reduce power consumption from external memory transfers. To maintain software adaptability, TIER IV is integrating the Tensor Operator Set Architecture (TOSA) as an intermediate representation layer between AI frameworks such as PyTorch and the chip hardware.
The initiative also applies formal verification techniques to mathematically trace numerical consistency during AI model compilation.
Shinpei Kato, Founder and Chief Executive Officer, TIER IV, said, “Advances in AI have been accelerated by powerful computing platforms, including GPUs, which have enabled rapid progress across the industry. As Level 4 autonomous driving moves toward broader deployment, we believe the next step is to complement these platforms with computing architectures designed for real-world and real-time requirements. Through this initiative, we are introducing a software-defined and open approach to AI chip design that combines power efficiency, adaptability, transparency and verifiability. In particular, the ability to understand how an AI model is transformed for execution and to verify the correctness of that processing will be increasingly important as autonomous driving systems are deployed in safety-critical environments. By extending the open-source philosophy behind Autoware from software to AI chip design and related toolchains, we aim to create an open ecosystem in which automakers, semiconductor manufacturers and developers can build upon the technology and continue advancing their own systems. This represents an important step toward a scalable, adaptable and reliable computing foundation for Level 4 autonomous driving.”
Professor Yoshihiro Kawahara stated, “In physical AI applications such as robotics and autonomous driving, GPU power consumption has long been a major bottleneck for deployment on battery-powered devices. This project aims to fundamentally overcome this constraint through a functionally differentiated chip design backward-mapped from specific use cases. I look forward to TIER IV developing chips responsible for high-level decision-making – specifically, the high-level behavioural layer that handles the thinking process essential for end-to-end physical AI and autonomous driving. As the leading force behind Autoware, the global standard open-source software for autonomous driving, TIER IV is democratising design, with an approach spanning application requirements to hardware. This enables applied researchers to shape their ideal semiconductors. This initiative, supported by an open ecosystem, has the potential to lay the foundations for a steady stream of Japanese startups creating high-value semiconductors.”
- Stonerdige
- Inc.
- EVO ECU
- IAA Transportation 2026
- Renesas Electronics
- Christian Leblanc
- Natalia Noblet
- Aish Dubey
Stoneridge To Debut EVO ECU Platform For Commercial Vehicles At IAA Transportation
- By MT Bureau
- August 14, 2026
American automotive supplier Stoneridge, Inc. has announced details of its EVO ECU Platform, which will debut at IAA Transportation 2026 in Hanover, Germany.
The electronic control unit (ECU) is engineered for commercial vehicles, buses, coaches and off-highway applications to consolidate system architecture and support software-defined capabilities.
The platform replaces multiple individual control units with a centralised processing architecture designed to manage vehicle data, enable remote software updates and facilitate diagnostics.
The ECU is developed in collaboration with technology partner Renesas Electronics using its R-Car system-on-chip technology and the hardware is built to withstand operating conditions involving temperature variations, vibration and dust exposure.
Christian Leblanc, Global Vice-President of Product and Project Management, Stoneridge, said, “Commercial vehicles are becoming increasingly connected and intelligent, but traditional vehicle architectures were not designed to support the pace of innovation happening today. EVO provides a scalable platform that helps simplify integration, improve vehicle performance and give our customers the flexibility they need to adapt as technology continues to evolve.”
“Fleet customers were at the centre of our development process. EVO helps enable faster troubleshooting, fewer service interruptions and the ability to continuously improve vehicle capabilities throughout the vehicle lifecycle,” added Leblanc.
The software structure was developed alongside Green Hills Software to segregate safety-critical operations while allowing system updates. Additionally, Stoneridge partnered with indie Semiconductor to produce the platform's image processor, supporting camera integration and driver assistance systems.
Natalia Noblet, President and CEO, Stoneridge, said, “Our industry is undergoing a significant transformation, driven by increasing connectivity, automation and evolving regulatory requirements. EVO represents our commitment to helping customers navigate that transformation with a flexible platform designed to support innovation today and tomorrow.”
Aish Dubey, Vice-President and Head of the HPC SoC Division, Renesas Electronics, commented, “Stoneridge’s EVO ECU Platform demonstrates how commercial-vehicle manufacturers can modernise vehicle electronics for demanding operating environments. Our collaboration brings together Stoneridge’s commercial-vehicle expertise and Renesas’ R-Car system-on-chip, power-management and programmable mixed-signal technologies to create a scalable, automotive-grade foundation for connected and software-defined commercial vehicles.”
The system has undergone field testing within the Stoneridge Innovation Truck demonstrator vehicle, which will be exhibited alongside the platform at the Hanover trade show.
Rapido Secures 5-Year Aggregator License For Cab Services In Karnataka
- By MT Bureau
- August 13, 2026
Roppen Transportation Services, which operates under the brand name Rapido, has received an aggregator license from the Karnataka State Transport Authority under the Karnataka On-Demand Transportation Technology Aggregators Rules, 2016.
The licence authorises the platform to operate cab services in the state for a period of five years, remaining valid until August 2031.
The regulatory approval affects Rapido's operations across 21 cities in Karnataka, where the platform reports 314,000 drivers, referred to by the company as captains and over 20.4 million registered users.
According to company figures, more than 6.9 million users have taken cab rides via the platform within the state. The company's operations span urban centres including Bengaluru, Mysuru, Mangaluru, Hubballi-Dharwad, Belagavi, Davangere, Shivamogga, Ballari, Kalaburagi and Tumakuru.
Pavan Guntupalli, Co-Founder, Rapido, said, “Karnataka is our home state and one of our most important markets. Over the years, Rapido has become a trusted mobility platform for millions of customers in the state, while creating earning opportunities for lakhs of captains. We welcome the grant of the licence under the Karnataka On-Demand Transportation Technology Aggregators Rules, 2016, for cab services. This development gives us the opportunity to strengthen our cab offering within a formal regulatory framework, while continuing to work closely with the Government of Karnataka and the Transport Department to support safe, reliable and accessible mobility for commuters.”
In addition to securing the operational licence, Rapido has been included in the Urban Mobility Mission initiated by the Government of Karnataka. The initiative aims to align private platform operations with state transport priorities, focusing on multimodal connectivity, transit technology integration and transport infrastructure in urban centers.
“Rapido’s ambition is to be a long-term mobility partner for Karnataka as the state builds the next generation of urban transport. Clear and predictable regulation benefits the entire mobility ecosystem, commuters, captains, platforms and the government. Our priority is to operate in full compliance with the state framework, while continuing to strengthen safety, service reliability and meaningful earning opportunities for captains,” added Guntupalli.
LTTS Launches End-to-End Agentic AI Solution For Manufacturing And R&D
- By MT Bureau
- August 11, 2026
L&T Technology Services has introduced AgenticIQ, a comprehensive Agentic AI platform tailored for engineering and manufacturing sectors. The end-to-end system is designed to facilitate the shift from isolated AI experiments to full-scale operational deployment. It achieves this by enabling autonomous, multi-agent workflows that span product development, manufacturing and customer experience, thereby promoting widespread Engineering Intelligence adoption.
Despite rising corporate AI investments, many projects remain stalled at the pilot phase due to fragmented engineering systems and manual processes. Highly regulated environments further complicate scalability, as organisations struggle to balance autonomous operations with strict governance and security protocols. AgenticIQ directly addresses these hurdles by embedding a planning-first architecture into existing production workflows.
Built upon LTTS’ existing Engineering Intelligence portfolio, the platform converts proven capabilities into reusable, specialised AI agents that function within enterprise governance frameworks. It ensures the protection of critical data and intellectual property while supporting a new agentic delivery model. With a cloud-agnostic design, the platform serves R&D-heavy industries like automotive, healthcare and semiconductors, allowing clients to deploy solutions anywhere without losing control over proprietary knowledge and workflows.
Amit Chadha, Chief Executive Officer & Managing Director, L&T Technology Services, said, “The next phase of Engineering Intelligence will be defined by how effectively autonomous AI agents collaborate to solve complex industry challenges across engineering, production and customer experience. Over the years, LTTS has built AI-powered engineering solutions that address domain-specific business problems across industries. With AgenticIQ™, we are transforming these proven capabilities into reusable AI agents on a unified Agentic AI platform that enables enterprises to rapidly build, orchestrate and deploy next-generation agentic solutions at scale.”

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