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.”

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Japanese technology company Pioneer Corporation has announced it will attend CES 2026 in Las Vegas from 6-9 January 2026. The company plans to showcase its recent accomplishments in devices and solutions for software-defined vehicles (SDVs) and motorcycles.

These solutions leverage Pioneer's expertise in in-vehicle acoustic environments, human-machine interface (HMI) and connectivity technologies.

The presentation will cover several areas:

• Integrated Sound Platform: This platform is scalable, allowing diverse automakers to install Pioneer's or other vendors’ sound solutions tailored to their models. The software-enabled hardware design allows for lighter parts and components, contributing to lighter vehicles and improved fuel economy, while optimising costs. Visitors can experience three types of sound systems (entry-level, premium, and luxury) in a demo vehicle.
• Spatial Audio System: An advanced audio system, adaptable to vehicles including older models, provides drivers and passengers with a high-quality spatial audio experience. This innovation is the culmination of Pioneer’s expertise in in-vehicle acoustics, coupled with technologies. Visitors will experience multi-channel spatial audio and a sense of presence in a demo vehicle.
• Entry-level Cockpit Domain Controller (CDC): A newly developed CDC is designed for budget-friendly vehicles, offering a cost-effective alternative for flexible display and control design. This CDC shares fundamental design with Pioneer’s existing IVI software without employing a hypervisor, enabling entry-level vehicles to benefit from cockpits.
• AI-enabled Camera Solutions: Next-generation automotive-grade AI-enabled camera platforms elevate driver safety by enhancing visibility and eliminating blind-spots and also deliver personalised driving experiences. Pioneer will showcase a demo vehicle equipped with ten AI-enabled cameras, designed for factory-installation by automakers, providing the driver with 360-degree surround view during driving, parking, and poor weather scenarios. The company will also showcase its drive recorder portfolio, which encompasses a connected smart camera featuring real-time driver monitoring, alerts and driving diagnostics, as well as digital mirrors, modular dashcams and other accessories available for factory installation and as add-ons to enterprise fleets.
• Connected Solutions for Motorcycles: Software-defined solutions for motorcycles will be unveiled, encompassing meter clusters, onboard camera devices, and other connected solutions. Live demonstrations will showcase services made possible by Pioneer Ride Connect, which integrates Bluetooth Low Energy (BLE) between smartphones and onboard devices, AI technology for enhancing the safety and entertainment of motorcyclists and unique HMIs that facilitate an intuitive user experience.

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JSW MG Motor India has announced that its popular MG Windsor electric vehicle (EV) has completed a journey from Leh to Kanyakumari, covering 3,757 kilometres in 83 hours and 43 minutes. The journey was undertaken by Mountain Goat, a group of motorsport professionals.

This time is the fastest for an EV to complete the route and has been recognised by the India Book of Records and Asia Book of Records. The company states this marks the Windsor as India’s First EV to undertake this journey.

The Windsor navigated through Ladakh’s high-altitude landscape to the southern coast, showing the car's reliability, range and performance under extreme conditions. The vehicle made 20 charging stops, demonstrating India’s growing fast-charging infrastructure.

The charging points were located using the e-Hub by MG app, which connects users to over 13,000 EV charging points across India through partnerships with 36 charge-point operators. This achievement supports the company's ‘EV Sahi Hai’ campaign.

Vinay Raina, Chief Commercial Officer, JSW MG Motor India, said, “Completing a diverse expedition from Leh to Kanyakumari using an EV in record time is a bold testament to India’s growing confidence in electric mobility and the infrastructure that powers it. This achievement also highlights MG Windsor’s reliability and performance across some of the most challenging terrains in the country. The future of transportation is clean mobility and JSW MG Motor India continues to play a leading role in this transition.”

Sanjay Bhola, Adjudicator, Asia Book of Records, and India Book of Records, said, “Heartiest congratulations to the entire team for this remarkable accomplishment and for setting a prestigious record with both India Book of Records and Asia Book of Records.”

The MG Windsor comes with a 52.9 kWh lithium-ion battery, delivering a certified range of up to 449 km per charge and supports fast charging. The car recently crossed the 50,000 sales milestone in India, the fastest time for an EV in the country.

Since its launch in September 2024, the MG Windsor has been India’s best-selling EV. It features an ‘AeroGlide’ design and ‘Aero Lounge’ seats reclinable to 135 degrees. The centre console includes a 15.6-inch GRANDVIEW Touch Display. The company has since introduced the MG Windsor PRO variant with an extended battery pack and the MG Windsor Inspire, a limited-edition anniversary special.

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BatteryPool, a start-up focussing on pay-as-you-go access to EV batteries, has raised INR 80 million in a Pre-Series A funding round led by Inflection Point Ventures. The round also included participation from Indian Angel Network (IAN), Chennai Angels, Keiretsu Forum and notable HNIs.

The start-up currently manages over 2,000 batteries across six cities. The funding will be used to scale its battery fleet 10x over the next 18 months and strengthen its nationwide footprint.

BatteryPool uses proprietary hardware and an IoT-connected battery management system to power a sachet-style, pay-as-you-go energy platform for EVs. The company offers a model that allows riders to pay in small daily, weekly, or monthly amounts, making EV usage more accessible.

Vikram Ramasubramanian, Inflection Point Ventures, said, “As an emerging economy that's adopting EVs, India holds immense potential that can be unlocked through innovative, flexible solutions. Where commercial operation of EVs is concerned, fast and efficient charging becomes vital because any delay directly leads to a loss of time and hence revenues. BatteryPool addresses this by providing seamless, pay-as-you-go access to charged batteries, helping riders and businesses be constantly mobile. In addition, the company monetizes batteries through their complete lifecycle, creating multiple revenue streams out of one single asset.”

Ashwin Shankar, Founder, BatteryPool, said, “The sachet model transformed how Indians consumed everything from mobile data to daily essentials, EVs are next. By bringing sachet-style, pay-as-you-go energy to batteries, we’ve made electric mobility affordable and accessible to the masses. As we move forward, we’re focused on strengthening the ecosystem, building battery access, improving the user experience, and supporting the everyday rider as the country transitions to electric mobility.”

BatteryPool was founded in 2020 by Ashwin Shankar, an Electrical Engineer who previously worked at Schlumberger and NASA.

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The Union Cabinet, Chaired by Prime Minister Narendra Modi, has approved a Scheme to Promote Manufacturing of Sintered Rare Earth Permanent Magnets with a financial outlay of INR 72.8 billion.

The initiative aims to establish 6,000 Metric Tonnes per Annum (MTPA) of integrated Rare Earth Permanent Magnet (REPM) manufacturing in India. The government states this will enhance self-reliance and position India as a key player in the global REPM market.

REPMs are types of permanent magnets vital for electric vehicles, renewable energy, electronics, aerospace and defence applications. India’s demand for REPMs is met primarily through imports, but consumption is expected to double by 2030 from 2025.

The scheme will support the creation of integrated REPM facilities, covering the conversion of rare earth oxides to metals, metals to alloys and alloys to finished REPMs. This step supports the Atmanirbhar Bharat Abhiyan and India's Net Zero 2070 commitment.

The total financial outlay of INR 72.8 billion consists of INR 64.5 billion towards sales-linked Incentives on REPM for five years. While the remainder INR 7.5 billion towards capital outlay for setting up 6,000 MTPA of manufacturing facilities.

The total capacity will be allocated to five beneficiaries through a global competitive bidding process, with each receiving up to 1,200 MTPA of capacity.

The scheme duration is seven years from the award date, including a two-year gestation period for setting up the integrated facility and five years for incentive disbursement.

The government states this initiative is a step towards strengthening the domestic REPM manufacturing ecosystem and enhancing competitiveness in markets globally.

Shailesh Chandra, President, SIAM, “The Indian automobile industry welcomes the Government of India’s newly announced scheme to promote the domestic manufacturing of Rare Earth permanent magnets, with an allocated outlay of INR 72.8 billion. This initiative is a significant step toward building a resilient and stable supply chain, particularly for components and sub-assemblies essential for the production of electrified vehicles.  
The scheme is expected to accelerate adoption of clean mobility solutions and support India’s broader sustainability goals. By strengthening indigenous manufacturing capabilities, it will contribute to reducing carbon emissions and lowering dependence on crude oil imports, further enhancing the nation’s energy security.”

Vikrampati Singhania, President, ACMA, “ACMA wholeheartedly welcomes the Cabinet’s approval of the REPM Manufacturing Scheme. This is a strategic and forward-looking intervention that addresses one of the most critical gaps in the EV and advanced mobility ecosystem. Rare Earth Permanent Magnets are foundational to electric motors and high-efficiency systems, and the establishment of a domestic, integrated manufacturing base will significantly strengthen India’s technological competitiveness. This initiative will not only reduce import dependence but also provide long-term resilience to the automotive supply chain, encourage investments in advanced materials, and position India strongly in global value chains for EVs and clean energy. We commend the Government’s vision and remain fully committed to supporting the industry in leveraging this opportunity for innovation, value creation, and Atmanirbhar Bharat.”

Stephane Deblaise, CEO, Renault Group India, “The Government’s decision of investing INR 72.8 billion for India’s first integrated Rare Earth Permanent Magnet manufacturing scheme is a pivotal step in strengthening the nation’s self-reliance aspirations. This initiative reflects India’s strategic intent to strengthen its rare-earth refining capabilities and accelerate high-value manufacturing.  For the automobile sector, localizing rare earth magnets will boost growth for both auto OEMs and component manufacturers, support clean energy powertrains, reduce import dependence, deepen the domestic value chain and enhance long-term competitiveness. We welcome this vision and look forward to contributing to a robust, future-ready mobility landscape that supports India’s sustainable growth and its ambition to become a global automotive hub.”  

Jaideep Wadhwa, Director, Sterling Tools, "The Government scheme to invest nearly INR 75 billion in Sintered Rare Earth Permanent Magnet production is a very timely and welcome move.  This, along with the plans for semiconductor and cell manufacturing, reaffirms the country’s commitments to electrification. However, this one initiative, aimed at adding 6,000-tonne capacity over seven years, will not be a panacea for all REM availability issues. India must also promote technologies to reduce the overall dependence on rare earth magnets. A holistic solution must include development of magnet free motor technologies. Fortunately, great progress has been made in magnet free technologies in recent years. Indian OEs and Tier 1s need to work together to commercialise these technologies at the earliest."

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