Igus India Expands Presence With New Manufacturing Plant

Igus India Expands Presence With New Manufacturing Plant

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.”

Tata Motors CV

Tata Motors, one of the leading commercial vehicle manufacturers, has reached a new innovation peak, filing 144 patent applications in FY2025-26, which it claims is the highest annual count ever recorded by its commercial vehicles (CV) division.

The surge in intellectual property activity reflects the company’s shift toward ‘future-ready’ technologies. Beyond traditional mechanical engineering, the new filings focus heavily on sustainable mobility, including electric vehicle (EV) architectures and hydrogen-based internal combustion engines (H2-ICE).

In addition to the record-breaking patent applications, the company expanded its broader IP footprint, which includes 21 design applications and 35 copyright applications; secured 15 new patent grants during the year and now holds a total of over 650 granted patents.

The engineering teams have focused their innovation efforts on four core pillars: Vehicle Safety – advanced driver assistance and structural integrity, Reliability – enhancing the lifecycle of heavy-duty components, Total Cost of Ownership (TCO) – optimising fuel/energy efficiency to improve profitability for fleet operators. And Occupant Comfort – ergonomic and cabin climate innovations for long-haul drivers.

A significant portion of the recent innovation is tied to Tata Motors' leadership in the hydrogen ecosystem. In February 2026, the company signed an MoU with the V.O. Chidambaranar Port Authority to deploy 40 hydrogen-powered heavy-duty trucks (Tata Prima 55-tonne).  

The patent filings support a multi-fuel strategy, encompassing Battery Electric Vehicles (BEVs), Hydrogen ICE, and Hydrogen Fuel Cell technologies, as confirmed by Chairman N Chandrasekaran earlier this month.

Aniruddha Kulkarni, Vice-President and Head of Engineering, Tata Motors, said, “Innovation is at the heart of everything we do at Tata Motors Commercial Vehicles. The record number of patent applications filed in FY26 is a testament to the passion, creativity, and technical excellence of our engineering teams. It reinforces our vision of establishing Tata Motors as a global benchmark for innovation in commercial mobility. As we look ahead, we remain committed to harnessing our innovation capabilities to serve the long-term interests of our customers, communities, and the nation.”

MathWorks Launches Release 2026a With Generative AI Copilots For MATLAB And Simulink

MathWorks

MathWorks has announced Release 2026a (R2026a) of MATLAB and Simulink, headlined by the introduction of AI-powered ‘copilots’ designed to streamline embedded systems development and software verification.

The release focuses on ‘grounded AI’ – integrating generative AI directly into existing engineering environments to improve productivity without compromising the rigour and traceability required for complex systems.

MathWorks is expanding its AI ecosystem by embedding assistants into specific development stages. The Simulink Copilot is for model-based design, it provides context-aware guidance by generating model explanations, answering behaviour-related questions and helping users navigate complex subsystems.

Polyspace Copilot assists in interpreting static analysis results. It helps engineers understand coding vulnerabilities and suggests remedies based on Polyspace analysis findings.

MATLAB Copilot now integrated into MATLAB Test to help engineers generate starter tests and equivalence tests from command history.

Beyond AI assistants, R2026a introduces new products and workflows for software quality:

Polyspace as You Code: A new tool for C and C++ developers that identifies defects and security vulnerabilities in real-time as code is written.

Polyspace Enhancements: Includes a new unified desktop application and ‘software-sanitising’ capabilities in Polyspace Test for dynamic analysis of runtime errors.

Simulink FMU Builder: A new standalone product that creates Functional Mockup Units (FMUs) to facilitate model exchange and integration across different simulation environments.

Avinash Nehemiah, Head of Product Management, MathWorks, said, “In engineering design and software verification, productivity improvements cannot come at the expense of rigor, traceability, or trust. MathWorks is committed to delivering grounded AI tools that help teams move faster while preserving the discipline required to develop complex engineered systems.”

Battery Smart Secures USD 15 Million Debt Funding From Mirova

Battery Smart

Battery Smart (Upgrid Solutions) has raised USD 15 million in debt funding from Mirova, a sustainable investment affiliate of Natixis Investment Managers.

The facility is intended to accelerate the expansion of the company’s Battery-as-a-Service (BaaS) infrastructure across India. The capital will specifically support the growth of partner-led swap stations in urban and semi-urban markets, enhancing service for high-usage segments such as last-mile delivery and passenger mobility.

Since launching its first station in New Delhi in 2020, Battery Smart has developed one of India's largest battery-swapping networks. It has setup more than 1,600 stations across 50 cities, wherein EV drivers can swap a depleted battery for a fully charged one in approximately two minutes, significantly reducing the downtime associated with traditional plug-in charging. By separating battery costs from vehicle ownership, the model reduces upfront vehicle purchase prices and improves daily earnings for gig economy drivers.

This transaction marks Mirova’s third investment in the Indian market, following previous commitments to companies like Revfin. The investment is part of Mirova's broader strategy to support high-impact climate solutions in emerging economies.

Pulkit Khurana, Founder and CEO, Battery Smart, said, “This financing marks an important step for us as we continue to scale our battery-as-a-service network across India. With Mirova’s support, we aim to accelerate network expansion and further our focus on making electric mobility more accessible, affordable, and inclusive for drivers across the country.”

Priyanka Mehrotra, Investment Director, Mirova, added, “This transaction marks our third investment in India, thus reflecting continued commitment to supporting high-impact climate solutions in emerging markets. We are pleased to support the next phase of Battery Smart’s growth, rooted in a scalable and operationally efficient model that addresses both environmental and economic challenges, particularly in last-mile mobility.”

PATEO Expands AI Footprint With AUMOVIO And NVIDIA Partnerships

PATEO - AUMOVIO

China-headquartered PATEO Connect Technology has announced two major strategic partnerships – AUMOVIO and NVIDIA – during the Beijing International Automotive Exhibition, focusing on the global expansion of artificial general intelligence (AGI) and high-performance computing in the automotive sector.

The leading Chinese provider of intelligent vehicle connectivity solutions, specialising in AI-enabled, cloud-based infotainment, Operating Systems (PATEO OS) and hardware for automakers

PATEO entered into a memorandum of understanding (MoU) with AUMOVIO Holding China Co. The parties intend to jointly develop cross-domain integration and AGI technologies. The agreement focuses on leveraging high-computing SoC platforms and integrated cockpit-driving domain controllers for R&D. It will utilise global supply chains, OEM resources and manufacturing capabilities. Promoting Software-Defined Vehicle (SDV) domain control and AGI automotive application projects.

The partnership aims to establish a ‘channel + product’ alliance, combining joint investment with technology collaboration to address future market demands for intelligent mobility.

PATEO also confirmed deep collaborations with NVIDIA and a leading New Energy Vehicle (NEV) OEM. To address the demand for computing power in Level 3 and Level 4 autonomous driving, PATEO is developing on-vehicle solutions powered by the NVIDIA DRIVE AGX Thor platform.

As per the understanding, the partnership will implement PATEO’s AI Box on the NVIDIA platform to support vehicle-side deployment of next-generation models. PATEO has received a nomination for a model project representing an integrated ‘software and hardware’ solution. The project marks a commercial application coupling ByteDance's general large model with PATEO’s edge model.

PATEO and its partners have initiated deployment for vehicle-side scenarios, including physical AI, AI agents, and AI emotional agents. The company is also exploring business models such as computing power charging and vehicle-mounted tokens billing.

As automotive intelligence shifts toward being ‘AI-defined,’ PATEO said it continues to execute its ‘AI + Globalisation’ strategy, transitioning large-scale models from verification to mass production.