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.”

Maurice Meijer Appointed As TIP Group’s First Chief Digital and Information Officer

Maurice Meijer Appointed As TIP Group’s First Chief Digital and Information Officer

TIP Group has announced the appointment of Maurice Meijer to the newly established position of Chief Digital and Information Officer. This strategic role underscores the increasing significance of digital innovation, data management and technology in advancing the company’s long-term Strategy 2030 objectives. As TIP expands its footprint as a comprehensive transportation services provider across 17 European nations, the integration of digital solutions is viewed as essential to fostering operational efficiency, business growth and superior customer engagement.

In his capacity as CDIO, Meijer will lead the formulation and execution of the group’s digital and technological roadmap. His responsibilities encompass overseeing digital platforms, enhancing data analytics capabilities, managing IT infrastructure and strengthening cybersecurity protocols. The goal is to build resilient, scalable systems that align with TIP’s future ambitions.

Meijer joins with a robust background in board-level technology leadership. He previously served as Chief Technology and Information Officer at Nederlandse Loterij, where he spearheaded major digital transformations across various brands and platforms. Prior to that, he held key roles in digital strategy, product development and operations within both the technology sector and public institutions. Additionally, he is involved in supporting early-stage tech startups as an investor and founding partner.

His educational credentials include executive programmes at Nyenrode University and INSEAD, along with a degree in international business management. Meijer is recognised for blending strategic commercial insight with practical technological expertise.

Arjen Kraaij, President & CEO, TIP Group, said, “Digitalisation is central to TIP’s future success. With Maurice, we are bringing in a strong business and technology leader who will help us simplify complexity, strengthen our digital foundations and accelerate execution across the Group. His leadership will be instrumental as we translate our Strategy 2030 ambitions into practical, value-creating solutions for our customers and our teams.”

Meijer said, “I’m really looking forward to joining TIP at this important stage in its journey. With strong foundations, great people and clear ambitions under Strategy 2030, there’s a lot to build on. At the same time, we’re ready to take the next step by accelerating our shift towards more digital solutions. By embracing digital, data and AI in a focused and practical way, we’ll turn opportunities into solutions that truly improve the customer experience and make day-to-day work simpler, smarter and more effective for both our customers and our teams.”

Holyvolt Completes $73 Million Acquisition Of Wildcat Discovery Technologies

Wildcat Discovery Technologies

Swedish battery technology firm Holyvolt has finalised the acquisition of US-based materials specialist Wildcat Discovery Technologies in a deal valued at USD 73 million. The transaction consists of a combination of cash, equity and deferred milestone payments.

The merger integrates Wildcat’s High Throughput Platform (HTP) for material synthesis with Holyvolt’s water-based screen-printing production processes. The combined entity intends to operate as a technology development partner for the automotive, aerospace and energy storage sectors, offering licensing and pilot-scale production services.

Wildcat’s HTP system allows for the simultaneous screening of thousands of material combinations. This method is reported to be up to 10 times faster than standard research and development protocols, generating terabyte-scale datasets suitable for machine learning and AI applications.

Key capabilities of the integrated group include:

  • Material Discovery: Use of combinatorial chemistry to identify optimal battery systems.
  • Manufacturing Process: Holyvolt’s water-based processing serves as a replacement for conventional organic solvent-based slurries.
  • Data-Driven Optimisation: Integration of structured datasets into AI models to accelerate development cycles.
  • Sustainability: Focus on cobalt- and nickel-free materials to reduce capital requirements and supply chain dependencies.

The acquisition follows a EUR 20 million funding round for Holyvolt. The new group aims to address production costs and supply chain independence in Europe and North America by combining chemistry expertise with modular manufacturing technology.

Mathias Ingvarsson, Founder & CEO, Holyvolt, said, “The acquisition of Wildcat is a perfect complement to our intended strategy of developing new technologies for the battery industry. Holyvolt is focused on developing new processes to make batteries cleaner and more affordable, and Wildcat has been pursuing the same goals via materials development and better chemistry. Combined, we are building what we believe is the most compelling technology to deliver on these objectives.”

Mark Gresser, President and CEO, Wildcat Discovery Technologies, stated, “The Wildcat team is thrilled with this acquisition by Holyvolt. Mathias and team are very thoughtful with regard to their objectives in the battery industry, and recognise the value that Wildcat’s High Throughput Platform can deliver to our combined company and the industry at large. With Holyvolt’s vision and financial backing, Wildcat can finally unlock the true potential of high throughput combinatorial chemistry for battery materials.”

Prof. Peter Schultz, Founder, Wildcat Discovery Technologies, noted, “With Holyvolt, we can do for batteries what high throughput and AI have done for drug discovery.”

BYD Unveils Second-Generation Blade Battery With Flash Charging Tech

BYD - Blade Battery Flash Charging

Chinese automotive major BYD has revealed its second-generation Blade Battery alongside FLASH Charging technology, aimed at improving charging speeds and battery performance in low temperatures.

The system achieves a claimed charge from 10 percent to 70 percent state of charge (SOC) in five minutes, and reaches 97 percent in nine minutes. In temperatures of -30deg C, the charging time from 20 percent to 97 perrcent increases by three minutes compared to performance at room temperature.

The second-generation Blade Battery increases energy density by 5 percent over the previous version. To manage thermal loads during rapid charging, BYD integrated a ‘Lithium-Ion High-Speed Channel’ and a thermal management system.

Key technical specifications include:

  • Range: The Denza Z9GT, equipped with this battery, achieves a range of 1,036 km.
  • Thermal Management: Full-spectrum systems to regulate heat dissipation.
  • Safety Standards: The battery has passed national safety tests regarding puncture and thermal runaway.
  • Infrastructure: A world-leading single-connector output of 1500 kW.

BYD plans to build 20,000 FLASH Charging Stations in China by end-2026, with a global rollout scheduled to follow. These stations will feature a pulley-based charger design to improve user ergonomics and keep cables off the ground.

To manage the high-power requirements of 1500 kW charging, the stations use energy storage systems to buffer the demand, reducing the load on the local power grid.

Horse Powertrain Debuts Groundbreaking ‘Amorphous Motor’ Technology

Horse Powertrain Debuts Groundbreaking ‘Amorphous Motor’ Technology

Horse Powertrain, a global leader in advanced and low-emission powertrain solutions, has unveiled its new Amorphous Motor technology, marking a significant step forward in hybrid transmission systems. The innovation was introduced to the public for the first time at the IAA Summit 2025.

Central to the motor’s design is the use of amorphous steel, a material known for its exceptional strength, durability and magnetic properties. This material allows the company to significantly reduce the thickness of the steel laminations used in the motor’s stator. While traditional motors use steel sheets of a standard thickness, the layers in the Amorphous Motor are only 0.025 mm thick, roughly one-tenth of the conventional standard.

This ultra-thin construction, combined with the material’s high conductivity, leads to a 50 percent reduction in stator iron losses compared to similar designs. Consequently, the motor achieves a record-setting efficiency of 98.2 percent, all while delivering a maximum output of 140 kW and 360 Nm of torque.

The practical impact for hybrid vehicles is a one percent improvement in overall fuel and energy efficiency. This reduction in consumption supports automotive manufacturers in their efforts to develop a new wave of lower-emission models. This breakthrough is part of a broader strategy by Horse Powertrain to advance hybrid and combustion technologies through a technologically neutral approach to decarbonisation. The company’s global capabilities, which include 17 manufacturing sites, five research and development centres and a workforce of 19,000, continue to drive this series of high-efficiency innovations.

Ingo Scholten, Deputy Chief Technology Officer, Horse Powertrain, said, “This latest innovation demonstrates Horse Powertrain’s continued commitment to research and development, providing suppliers and OEMs with the tools to raise the bar on when it comes to fuel economy and emissions performance. The Amorphous Motor is an ideal tool to power a new generation of high-efficiency range extended EVs, hybrids and plug-in hybrids, ensuring these technologies continue to play a substantial role in automotive’s decarbonisation journey.”