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.
- Traton Group
- L&T Technology Services
- LTTS
- ADAS
- autonomous
- Alind Saxena
- Navistar
- MAN
- Scania
- Volkswagen Truck & Bus
- International
Traton Group Onboards L&T Technology Services As Strategic Partner To Support Global R&D Transformation
- By MT Bureau
- July 02, 2025

Bengaluru-headquartered engineering R&D services company L&T Technology Services (LTTS) has been selected by the Traton Group, one of the world’s leading manufacturers of commercial vehicles housing iconic brands such as Scania, MAN, International and Volkswagen Truck & Bus, as a strategic engineering partner.
As per the understanding, Traton Group will leverage LTTS’ Mobility segment to build a unified, future-ready product-development platform that delivers scale, speed and sustainable mobility solutions.
The automotive major recently consolidated its global R&D ecosystem to unlock cross-brand synergies while expanding the share of battery-electric vehicles in line with its 2029 profitability and sustainability targets.
On the other hand, LTTS’ will provide engineering support, from mechanical and software engineering to digital systems integration - across key development hubs in Sweden, Germany, the United States, Poland and India.
The collaboration will focus on software-defined vehicle architectures, electrified powertrains, autonomous & ADAS feature development and advanced digital engineering toolchains.
Alind Saxena, Executive Director & President - Mobility & Tech, L&T Technology Services, said, “Being selected by Traton Group is a testament to LTTS’ leadership in next-generation Mobility engineering. This collaboration underscores our commitment to delivering cutting-edge solutions that align with Traton’s vision of sustainable and intelligent transportation. With our proven track record in engineering transformation, we are excited to help Traton achieve its ambitious goals of electrification, autonomy, and digital innovation while redefining the future of commercial mobility.”
- SRM Institute of Science and Technology
- Centre for Electrical Mobility
- Stellantis
- Ashwin Kaundinya
- Dr Bharatiraja Chokkalingam
- Dr C Muthamizhchelvan
- Sriram Venkataramanan
Stellantis Partners SRMIST To Drive Innovation & Practical Learning In EV Domain
- By MT Bureau
- July 02, 2025

SRM Institute of Science and Technology’s (SRMIST) Centre for Electrical Mobility (CEM) has partnered with European automotive major Stellantis to support an advanced research environment that will drive innovation, skill development and support bringing concepts to real-world technologies.
Ashwin Kaundinya, AGM e-mobility propulsion systems, Stellantis, said, “We applaud SRMIST’s visionary approach to EV research. Their focus on real-world innovation and academic excellence complements Stellantis’ mission to drive sustainable mobility forward.”
Dr Bharatiraja Chokkalingam, Centre Head - SRM Centre for Electric Mobility, added, “Our DST-PURSE grant underscores SRMIST’s commitment to advancing electric and autonomous mobility. At the Centre for Electric Mobility, we’re creating a national platform that unites innovation, skill development, and industry-focused education, equipping students, entrepreneurs, and researchers to drive India’s sustainable mobility transition.”
As part of the collaboration, Stellantis India has provided 2 Citroen e-C3 EVs to the centre to provide real-world hands-on experience on system testing, diagnostics and performance optimisation. In addition, Stellantis will closely work with the institute in terms of technical engagement and facility visits from its leadership team.
Dr C Muthamizhchelvan, Vice-Chancellor, SRM Institute of Science and Technology, said, “At SRM IST, we are deeply committed to building an ecosystem of innovation that advances the frontiers of electric mobility, sustainability, and automobile engineering. Through strategic collaborations with industry leaders and focused investment in cutting-edge research infrastructure, we are shaping the next generation of engineers and thought leaders. Our Centre for Electrical Mobility is not just a research hub, it is a platform for excellence, real-world learning, and nation-building in the era of green transportation.”
Sriram Venkataramanan, Head IAP, Propulsion Controls, Electric Drive Systems and Battery, Stellantis India, said, “At Stellantis, we believe that the future of sustainable mobility lies in forging strong, innovation-led partnerships with academic institutions that combine deep research capabilities with real-world engineering insight.
SRM IST’s Centre for Electrical Mobility exemplifies this ideal. Their ability to translate advanced simulations into modular, production-ready EV systems validated through rigorous testing makes them a perfect partner for us. Together, we are not only co-developing next-generation electric vehicle technologies but also nurturing the talent and thinking that will drive tomorrow’s mobility solutions.”
- L&T Technology Services
- LTTS
- thyssenkrupp Steering
- Richard Hirschmann
- Patrick Vith
- Amit Chadha
- Rajkumar Ravindranathan
L&T Technology Services And thyssenkrupp Steering To Setup Software Development Centre In Pune
- By MT Bureau
- June 30, 2025

L&T Technology Services (LTTS), a leading ER&D company, has announced a strategic partnership with thyssenkrupp Steering to set up a software development centre in Pune.
The partnership will bring together LTTS’ expertise in its mobility segment, dedicated to developing safety-critical software for advanced steering technologies, while thyssenkrupp will bring together its global engineering solutions.
As per the understanding, LTTS will establish and manage the software hub in Pune on behalf of thyssenkrupp Steering.
For the unversed, LTTS has expertise on vehicle engineering to next-gen software innovation, while thyssenkrupp Steering has been developing steering systems for many years. The company possesses a deep knowledge of new electrical/electronic (E/E) architectures and software, as well as strong competence in steering technology. Its activities also extend to forward-looking developments such as the Vehicle Motion Control system, which enables higher comfort, advanced safety and highly autonomous driving through the high-level integration of steering, brakes, drivetrain and dampers.
Richard Hirschmann, SVP R&D, thyssenkrupp Steering, said, “We are excited to partner with LTTS to expand our software capabilities in India. This centre will play a crucial role in driving innovation and delivering next-generation steering solutions to our global customers.”
Patrick Vith, CEO, thyssenkrupp Steering, stated, “We are driven by a clear strategic ambition: to be the most trusted partner for steering solutions worldwide. We aim to shape the future of mobility through innovation, operational excellence, and strong global partnerships.”
Amit Chadha, CEO & Managing Director, L&T Technology Services, said, “This collaboration with thyssenkrupp Steering highlights LTTS’ leadership in the mobility space. Our expertise in electrification, hybrid systems, and software-defined vehicle architectures drives intelligent, sustainable mobility, supported by over 250 programs, 350 patents and 45 labs. By adding a prominent Tier-I automotive partner to our portfolio, this partnership reaffirms our role as the go-to innovation partner for future-ready mobility solutions.
Rajkumar Ravindranathan, Chief Business Officer – EMEA & RoW, L&T Technology Services, said, “We are honoured to be part of this significant milestone in thyssenkrupp’s transformation journey. Through this partnership, and by leveraging our deep expertise in building safety-critical, software-led products, LTTS will deliver scale, faster time-to-market, and cost-effective innovation, enabling thyssenkrupp to sustain and grow its market leadership. The Pune center will serve as a hub for cutting-edge software development, including embedded systems, functional safety and cybersecurity, aligning with the growing demand for intelligent and connected vehicle technologies.”
- Accenture
- Centre of Excellence in Advanced Automotive Research
- CAAR
- Indian Institute of Technology Madras
- IIT Madras
- Accenture LearnVantage
- SDV
- Kishore Durg
- Prof. Krishnan Balasubramanian
- Thiruppathy Srinivasan
Accenture LearnVantage Partners IIT Madras’s CAAR To Skill Talent In SDVs
- By MT Bureau
- June 30, 2025
Accenture, a leading IT services and Management Consulting organisation, has partnered Centre of Excellence in Advanced Automotive Research (CAAR), a research society established by the Indian Institute of Technology Madras (IIT Madras), to offer specialised skilling programs through Accenture’s LearnVantage Software-Defined Vehicle (SDV) Academy.
Targetted towards automotive Original Equipment Manufacturers (OEMs) and Global Capability Centers (GCCs) the initiative aims to develop talent pool to build software-defined vehicles. The program aims to meet the growing demand for skilled professionals in the SDV domain by bridging the gap between traditional automotive roles and the digital skills needed to develop automated driving technology, advanced driver assistance systems (ADAS), electrical/electronic architecture, connectivity and infotainment systems.
The curriculum covers advanced Internet of Things (IoT), embedded systems and software, vehicle safety, communication protocols, cybersecurity, edge computing, cloud virtualisation and industry standards like AUTomotive Open System Architecture (AUTOSAR) and Automotive Software Process Improvement Capability Determination (ASPICE).
Kishore Durg, Global Lead, Accenture LearnVantage, said, “As vehicles transform into sophisticated software-defined machines, the automotive industry requires digital-native talent skilled in AI, machine learning, cybersecurity, and safety systems. Our collaboration with CAAR at IIT Madras is a game-changer, focused on transforming talent at scale for OEMs and GCCs in the sector. Together, we are committed to rapidly upskilling and reskilling talent to embrace technological advancements and develop the interdisciplinary skills needed for the SDV landscape.”
Prof. Krishnan Balasubramanian, Prof. in Charge of Center for Advanced Automotive Research (CAAR), IIT Madras, said, “The academia-industry partnership, enabled by the Center of Excellence CAAR is a unique model that creates a win-win for all parties and enables upskilling of the next generation workforce in new areas such as SDVs. We are delighted to be partnering with Accenture’s LearnVantage.”
Thiruppathy Srinivasan, CEO, CAAR, IIT Madras, said, “The automotive industry is rapidly evolving with the adoption of electrification, connectivity, and advanced smart technologies. The high-growth software-defined vehicle space demands both new digital skills and a larger pool of skilled professionals, making upskilling a top priority. Our collaboration with Accenture LearnVantage offers a synergistic platform to bridge the talent gap by equipping professionals with the competencies needed to thrive and meet the industry’s evolving needs.”
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