With a priority to provide a seamless customer experience by tackling common pain points like ride rejections among others, the app-cab aggregator Rapido has established cab zones at airports in cities like Visakhapatnam and Surat. 
Keen to expand its presence, the company is working to expand its reach to other cities with airports such that it can tap airport routes with competitive fares and well-conditioned vehicle fleet. 
Revealing that they are expanding their airport services across other metro cities in the current quarter of FY2024025, Rapido Cabs Head, Rajiv Bhyri, mentioned at an event in Kolkata that they see airport routes as a key area for growth due to the high demand for reliable, round-the-clock transportation options. 
“With the increasing number of travellers, we believe our airport services will offer riders the lowest prices while our zero-commission model maximises captains' earnings,” he averred. 
Providing an insight into Rapido’s strategy to address the ride rejections faced by commuters that use app-based aggregators, Bhyri said, “Rapido is focused on providing a seamless customer experience and resolving common pain points such as ride rejections that many commuters face with app-based aggregators. With the rise in airport traffic, our strategy emphasises affordability and reliability. By offering competitive fares and maintaining a fleet of well-maintained vehicles, we aim to ensure a dependable and pleasant journey for our customers.”
Entering an association with the Airports Authority of India (AAI), Rapido has already began offering affordable and seamless commute solutions to travellers at the Netaji Subhash Chandra Bose International Airport, Kolkata. The service was inaugurated by State Transport Minister Snehasis Chakraborty. State Transport Secretary Dr Saumitra Mohan and others were also present. 
To set up dedicated cab service zones at Kolkata Airport where travellers can easily access safe, reliable and budget-friendly rides through its platform, Rapido is emphasising on tech-powered SaaS business model. This business model is designed to guarantee real-time ride availability and highly competitive pricing. 
"With the launch of this service at Netaji Subhash Chandra Bose International Airport, we're not just offering cost-effective travel solutions but also creating valuable employment opportunities for our local drivers. The technology-driven approach aligns with our vision of making West Bengal a leader in smart mobility and we're confident this initiative will set new benchmarks,” expressed Chakraborty.
Rapido Co-founder Pavan Guntupalli explained: "At Rapido, our mission is to revolutionise mobility by delivering reliable, safe and affordable solutions through innovation. Our collaboration with the Airports Authority of India to introduce dedicated cab zones at major airports is a significant step in enhancing the traveller experience while empowering local communities through job creation. With Rapido’s technology-driven platform, passengers can expect seamless airport commutes at the most competitive prices."
 

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BatX Energies, a critical material recovery and battery recycling company, has signed a Memorandum of Understanding with Rocklink, a Germany-based rare earth element (REE) and specialty metal recycling company to establish India’s first integrated rare earth magnet recycling and refining ecosystem.

The partners state that the collaboration is an outcome of the increasing alignment under the EU–India Trade and Technology Council (TTC), which will focus on fostering sustainable and secure critical mineral value chains between Europe and India.

As per the understanding, Rocklink India and BatX have initiated, what they claim is India’s first lithium-ion battery and permanent magnet recycling cluster in Sikandrabad, Uttar Pradesh. The idea is to build a robust, scalable and environmentally responsible rare earth magnet recycling ecosystem in India.

As per the understanding, Rocklink will deploy its proprietary Magcycle reverse logistics system across India, creating a traceable collection network for end-of-life permanent magnets, including NdFeB, SmCo and AlNiCo, sourced from motors, electronics and industrial waste.

The partnership will also jointly develop and commercialise advanced solvent extraction (SX) technologies to efficiently separate and purify high-value rare earth elements such as Neodymium, Praseodymium, Dysprosium, Terbium, Gadolinium and Holmium.

The aim is to commission India’s first fully integrated rare earth refining facility, designed to meet zero-liquid-discharge (ZLD) standards and export compliance benchmarks. 

They will co-develop and file patents for the technologies in both India and Europe, creating a joint intellectual property portfolio.

The collaboration aims to enable a domestic rare earth supply chain in India while simultaneously strengthening Europe’s access to sustainable, transparent and circular sources of critical materials.

Utkarsh Singh, CEO, BatX Energies, said, “This partnership marks a defining moment in India's journey toward rare earth self-reliance. We are proud to lead this initiative alongside Rocklink and to carry forward the vision outlined in the EU TTC for building circular and transparent critical mineral value chains between India and Europe.”

Leonard Ansorge, Director, Rocklink, said, “Rocklink is committed to establishing vertically integrated long-loop recycling solutions to support government efforts to establish a functional rare earth magnet supply chain in India. Our alliance with BatX brings together our materials and refining expertise with BatX's innovative and practical approaches on refining to deliver tangible results in short development cycles.”

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Parkobot, a startup offering an ‘Airbnb for parking’ using Internet of Things (IoT) smart barriers, has secured INR 20.9 million in seed funding led by Inflection Point Ventures and participation from high-net-worth individuals (HNIs).

The start-up aims to use the funds towards expanding infrastructure, new markets, strengthen backend and increase product portfolio.

Parkobot enables owners to monetise private parking spaces hourly. A mobile app provides real-time, location-based booking. The platform features an in-house tech stack, scalable IoT devices and automation.

Mitesh Shah, Co-Founder, Inflection Point Ventures, said, “Urban parking is a huge challenge facing today’s cities. Poor planning and lack of proper parking spaces lead to encroachment on roads, illegal parking and congestion. However, Parkobot is driving the change by bringing in technology and smart parking systems that provide real-time availability of parking spaces and making underutilised private parking spaces available to the public.” 

At present, Parkobot operates in a market with a global total addressable market (TAM) of USD 114 billion and an Indian TAM of USD 9.5 billion, growing at 6.5 percent CAGR. In stealth mode, the startup has deployed spots at key locations.

Amrit Choudhury, Founder, Parkobot, said, “Parkobot envisions decongesting India’s streets by utilising underutilised private parking spaces, transforming them into revenue-generating assets via our IoT-enabled Parkobot barrier and app. Our goal is to create cleaner skies, less traffic congestion and seamless urban mobility for all.” 

The start-up claims to have over 20,000 monthly bookings and uses a proprietary Parking Management System (PMS), smart boom barriers and pre-booking to boost parking revenue and reduce manual intervention.

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The Ministry of Heavy Industries, Government of India, has begun drafting the Automotive Mission Plan 2047 (AMP 2047) aligning with the ‘Viksit Bharat @2047’ vision under the leadership of Prime Minister Narendra Modi and guidance of Minister for Heavy Industries and Steel H D Kumaraswamy.

AMP 2047 aims to build on earlier Automotive Mission Plans, which supported the automotive sector's expansion through collaboration among stakeholders. The new plan seeks to improve innovation, global competitiveness and sustainable development. The goal is for India to be a global automotive leader by 2047.

The first meeting of the AMP 2047 Sub-Committees took place to set out objectives and a framework. Dr. Hanif Qureshi, Additional Secretary, MHI, spoke about the plan's importance. He stated, “The vision for 2047 is not an aspiration but a strategic roadmap backed by concrete targets for sector growth, exports, and industry advancement. We must think beyond specific technologies or companies and focus on India’s global standing in 2047, aiming to increase our share in global automotive trade through innovation and quality.”

Representatives from several ministries attended the meeting, including the Ministry of Power, Ministry of Road Transport and Highways, Ministry of Commerce, Ministry of Petroleum and Natural Gas, DPIIT and the Ministry of Environment Forest and Climate Change. Industry bodies such as SIAM, ACMA, CII and FICCI were also present, along with academic institutions, research think tanks and testing agencies. This marks an industry-led effort to shape AMP 2047.

AMP 2047 intends to bring together the views of stakeholders, including Original Equipment Manufacturers (OEMs), auto component makers, policymakers, academia and end users. It will address matters like technological advancements and charging infrastructure. Seven Sub-Committees, made up of experts from government, industry and academia, will guide the plan's development, with targets for 2030, 2037 and 2047.

The Ministry, under the guidance of Minister for Heavy Industries and Steel H D Kumaraswamy, is committed to building a self-reliant, innovative and sustainable automotive ecosystem. Further Sub-Committee meetings will gather ideas and data for presentation to the Apex Committee, chaired by Kamran Rizvi, Secretary, Ministry of Heavy Industries.

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Continental, a global technology company, has partnered with the Bengaluru Metropolitan Transport Corporation (BMTC) to scale up OnBoard, an innovative solution designed to enhance mobility for visually impaired passengers. This initiative, launched in 2023 under Continental’s CSR programme Conscience, was developed in collaboration with IIT Delhi and the Raised Lines Foundation (RLF). The technology assists visually impaired individuals in safely boarding buses by providing real-time audio cues.

Following a successful pilot on 25 BMTC buses, the project has now expanded to an additional 100 buses, with plans to equip 500 buses across Bengaluru. The announcement was made during a press conference at the BMTC Central Office, attended by Karnataka’s Transport Minister, Ramalinga Reddy.

OnBoard was initially developed at IIT Delhi with support from the Ministry of Electronics and Information Technology (MeitY) and the Department of Science and Technology (DST). The technology was later transferred to RLF, an IIT Delhi-incubated nonprofit. The system uses bus-mounted speakers to announce route numbers and guide passengers to entry doors, ensuring a seamless boarding experience.

So far, installations have been completed on the 401K and 401R routes, with the next phase set to begin in mid-July. Production of additional units is underway, with full implementation expected by August 2024. Extensive field testing conducted by RLF and Enable India in Bengaluru confirmed the device’s effectiveness under various weather conditions, including rain, heat and dust while maintaining stable connectivity.

The launch event featured a live demonstration and media interactions, emphasising the importance of public-private partnerships in advancing inclusive mobility solutions. Continental and BMTC’s collaboration highlights a shared commitment to making public transportation accessible for all.

Prashanth Doreswamy, President and CEO, Continental, said, “At Continental, we believe that mobility must be inclusive and accessible, it should lie at the very core of innovation. Therefore, through our CSR initiative, we aim to empower every individual with the freedom of movement. Technology has opened up a world of possibilities, and this is just a steppingstone. As a technology company, we see it as our responsibility to help shape the future of mobility, which is not just connected, autonomous, shared and electric but also inclusive. We are proud to work with BMTC in supporting the vision of a more connected and accessible Bengaluru.”

Ramachandran R, Managing Director, Bengaluru Metropolitan Transport Corporation (BMTC), said, “This project is a flagship initiative for inclusive urban mobility in Bengaluru. BMTC recognises that OnBoard is a crucial step towards making the city’s public transport system more accessible and inclusive, bringing it on par with other leading global cities. At BMTC, we are fully committed to this initiative and are aligning all internal efforts to ensure its smooth and timely deployment across our fleet.”

Prof M Balakrishnan, Honorary Professor, IIT Delhi and Chairman, Raised Lines Foundation, said, “Industry-academia collaboration has always been crucial while addressing any real-world challenges, and the OnBoard solution is a testament to that. Its deployment across the BMTC network will allow visually impaired individuals to navigate public transport. At IIT Delhi, we are excited and very proud to see a technology we have contributed to making such a meaningful difference in people’s lives, bringing the benefits of inclusive design to the heart of urban mobility. At Raised Lines Foundation, our mission has been empowerment of persons with visual impairment by providing access to inclusive solutions with focus on mobility, education and independent living.”

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