India Among The Top Five Manufacturing Destinations
- By MT Bureau
- August 08, 2024
As per a recent post on X (earlier Twitter) by China’s official newspaper Global Times where it shared a list of world’s top 10 nations in terms of their manufacturing output, India ranked among the top five with a manufacturing value add of USD 456 billion.
Not forgetting to underscore China as the world’s manufacturing powerhouse, the post is of importance because of the nation where it originates from. China is not only a neighbour of India, it is also the largest trading partner with USD 118.4 billion two-way commerce in FY2023-24, according to the economic think tank GTRI’s data.
China’s per capita GDP USD 12,174 in 2023 as compared to the per capita of India at USD 2,239 USD. Against this economic difference, it is interesting that China’s newspaper has in its post acknowledged India’s rising manufacturing prowess.
This is certain to change the way India as well as its manufacturing sector is perceived. There are tailwinds and plenty of headwinds the Indian manufacturing sector continues to experience. Its performance is however a reflection of its abilities and grit.
The manufacturing sector in India is emerging as an integral pillar of the country’s economic growth. The key industries that are contributing to its stellar performance are auto, chemicals, consumer durables and engineering.
The manufacturing sector’s consistent performance as also indicated by the PMI figures. With government policies and changing world markets – not to exclude geopolitical and regulatory challenges for industries like auto in particular – an important factor is the rise of respective sector, there’s clearly more to be done.
With that, it wouldn’t take long to move up the ladder.
L&T Electronic Products & Systems And EVR Motors Partner For EV Drivetrain Solutions
- By MT Bureau
- May 27, 2026
L&T Electronic Products & Systems (LTEPS) has formed a strategic partnership with Israeli electric propulsion technology firm EVR Motors to co-develop, manufacture and distribute next-generation electric vehicle traction motors for the Indian market.
The collaboration will focus on industrialising traction motors optimised for regional conditions. The designs are engineered for high operational efficiency, compact physical packaging and a reduced reliance on rare-earth materials. The product line will cater to multiple transport segments, ranging from electric two-wheelers and three-wheelers to passenger cars and heavy commercial vehicles.
The traction motors will be manufactured at the LTEPS production facility in Coimbatore, Tamil Nadu. When paired with LTEPS's indigenously designed Motor Control Units (MCUs), the combined hardware will provide automotive original equipment manufacturers (OEMs) with a complete, integrated EV powertrain and drivetrain solution.
LTEPS is a business unit of Larsen & Toubro that specialises in the design, engineering and manufacturing of high-reliability electronic systems across the aerospace, defence, industrial and energy sectors.
EVR Motors specialises in proprietary electric motor topologies, utilising a patented Trapezoidal Stator radial flux architecture designed to reduce weight, size and material volume while maximizing power density.
Prashant Jain, Head of L&T Electronic Products & Systems, said, “This partnership reflects our commitment to developing indigenous, high‑performance solutions that support India’s clean mobility ambitions. By combining advanced motor innovation with indigenous motor control unit, we bridge the gap between cutting‑edge technology and real‑world deployment across India’s EV landscape.”
Opher Doron, CEO, EVR Motors, stated, “Our collaboration with LTEPS enables us to scale innovation responsibly – delivering traction motor solutions that are not only technologically superior, but also manufacturable, reliable and tailored for Indian mobility needs.”
Sajal Kishore, Managing Director, EVR India, added, “India’s electric mobility transformation requires system-level powertrain integration and deep localisation. The collaboration between EVR Motors and L&T will enable next-generation electric powertrain solutions across mobility segments.”
- Maruti Suzuki India
- Advanced Manufacturing Lab
- Industrial Training Institute
- ITI
- Sachin Gupta
- Rahul Bharti
Maruti Suzuki India Establishes Advanced Manufacturing Lab At ITI Hassangarh
- By MT Bureau
- May 26, 2026
Maruti Suzuki India has established an Advanced Manufacturing Lab (AML) at the Government Industrial Training Institute (ITI) in Hassangarh, Rohtak. The facility is designed to train approximately 200 students in its first year of operation under the company's corporate social responsibility (CSR) skill development programme.
The laboratory replicates automotive manufacturing environments to provide technical instruction in vehicle assembly, welding, industrial painting, machining, mechatronics and workplace safety protocols.
The project is aligned with the central government's Skill India mission and aims to prepare students for technical positions within the domestic automotive manufacturing sector.
The facility was opened during an event attended by Rohtak Deputy Commissioner Sachin Gupta and executives from Maruti Suzuki. During the ceremony, the company distributed formal apprenticeship offers to selected students who will join Maruti Suzuki's production facilities upon completing their coursework.
Maruti Suzuki currently provides infrastructure and training support to 31 ITIs across India. The Hassangarh facility marks the 18th Advanced Manufacturing Lab established by the vehicle manufacturer. The firm also operates four Japan-India Institutes for Manufacturing (JIMs) located in Mehsana and Gandhinagar in Gujarat and Manesar and Sonipat in Haryana, which deliver technical education based on Japanese shop-floor management principles.
Rahul Bharti, Senior Executive Officer of Corporate Affairs, Maruti Suzuki India, said, “Through the Advanced Manufacturing Lab at Hassangarh, we are bringing real shop-floor learning and modern machinery into classrooms. This initiative, aligned with Skill India mission, equips students with confidence to handle industry-specific processes and nurtures talent for the evolving automotive ecosystem. It is part of our commitment to build a skilled, future-ready workforce for India’s manufacturing sector.”
Sachin Gupta, IAS, Deputy Commissioner of Rohtak, said, “The establishment of the Advanced Manufacturing Lab at ITI Hassangarh marks a defining milestone in Rohtak’s journey towards becoming a centre of excellence in skill development and a significant contribution to the vision of Viksit Bharat. By introducing industry-grade infrastructure, advanced manufacturing technologies, and hands-on technical training, Maruti Suzuki has created an ecosystem that seamlessly aligns academic learning with the dynamic requirements of modern industry. This initiative will not only equip students and trainees with future-ready skills and enhance employability, but will also nurture a culture of innovation, productivity, and technical excellence. The lab will play a pivotal role in developing a highly skilled workforce capable of supporting India’s industrial transformation and strengthening the nation’s competitiveness in the global manufacturing landscape.”
SheerDrive Named First Runner-Up In Maruti Suzuki Accelerator Cohort
- By MT Bureau
- May 26, 2026
SheerDrive, an AI-led pre-owned vehicle technology platform, has been named First Runner-Up in the 10th Cohort of the Maruti Suzuki Accelerator Program. Following the selection, the startup has secured a paid Proof-of-Concept (PoC) engagement with Maruti Suzuki India.
The Maruti Suzuki Accelerator Cohort 10 evaluates and selects startups developing artificial intelligence (AI) and technology-driven solutions for application across manufacturing, mobility, customer experience and automotive operations.
SheerDrive’s digital pricing infrastructure is designed to streamline price discovery in the used-car sector. The system processes live market signals, historical transaction trends, vehicle condition data and machine learning analytics to establish a real-time pricing layer. The platform is used by original equipment manufacturers (OEMs), dealerships, financial institutions and consumers to guide vehicle valuation and trade-in decisions.
The company has developed a portfolio of products aimed at digitising the pre-owned vehicle supply chain for automotive players, banks, non-banking financial companies (NBFCs) and insurers.
Its products include VIAR, an AI-driven vehicle evaluation and pricing platform – Otobids Meta, a patented auction aggregation infrastructure that links multiple auction marketplaces through a single digital layer and SheerDrivePRO, a dedicated B2B auction marketplace for used vehicles.
Ravi Mehra, Founder, SheerDrive, said, “Price discovery remains one of the most critical unsolved problems in the used-car ecosystem. We’ve always believed that the future of vehicle upgrades in India will depend on transparent, data-backed pricing and scientific vehicle evaluation. Being recognised by Maruti Suzuki through this engagement is a meaningful validation of that vision, and we look forward to contributing to the next phase of innovation in India’s mobility ecosystem.”
Toyota Kirloskar Motor’s INR 12 Billion Tech Hub To Come Up In Bengaluru
- By MT Bureau
- May 25, 2026
Toyota Kirloskar Motor, one of the leading passenger vehicle manufacturers, has signed a Memorandum of Understanding (MoU) with the Government of Karnataka to establish its global ‘TKM Bizintel Hub’ in KWIN City, Bengaluru.
The automaker will infuse INR 12 billion as initial capital over the next five years, marking the first anchor investment for the smart city development project.
The facility will be spread across 300 acres along the Doddaballapur–Dabaspet Highway. The hub will serve multiple corporate objectives, including the testing and evaluation of new mobility solutions, digital transformation across supply chain operations and the implementation of intelligent vehicle manufacturing systems. The initial phase of the project is expected to generate approximately 200 jobs.
The agreement was signed in the presence of Karnataka Chief Minister Siddaramaiah and Large and Medium Industries Minister Dr M.B. Patil. KWIN (Knowledge, Wellbeing, and Innovation) City and is being developed in phases across a total area of 5,800 acres, with a focus on integrating technology, healthcare and educational sectors.
Siddaramaiah, Chief Minister, Government of Karnataka, said, “Toyota Kirloskar Motor has been a trusted long-term partner in Karnataka’s growth journey. The MoU marks another important milestone as we work together to deepen technology-led investments, create quality employment and promote sustainable industrial development. This partnership further strengthens Karnataka’s leadership as a global investment destination and reinforces our commitment to innovation‑ driven growth.”
Masakazu Yoshimura, Chairman, MD & CEO, Toyota Kirloskar Motor, stated, “We are grateful to the Government of Karnataka for its continued support and collaboration over the years which has played a key role in our journey. India has always been a strategically important market for Toyota to drive innovation and sustainable mobility initiatives. The TKM Bizintel Hub will support testing and evaluation activities, advancements in digital transformation and intelligent manufacturing across the entire supply chain business, leveraging on India’s robust information technology ecosystem with skilled talent. Anchored in TKM’s focus on localization and responsible growth, this initiative aligns with the company’s multi pathway approach towards achieving carbon neutrality goals and meeting the national priorities such as Make in India and Atmanirbhar Bharat.”

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