Toyota has accelerated its ‘Green Wave Project’ commemorating this year’s environment month. It is aimed at enhancing its nature conservation activity in the community with the company distributing saplings to its employees, under its sixth challenge that is termed as ‘Establishing a Future Society in Harmony with Nature’ and looks to contribute to the Toyota Environmental Challenge 2050.
While the eco campaign continues to drive active community involvement to promote greenery, through employee engagement, Toyota Kirloskar Motor (TKM) has successfully distributed over 7000 saplings to its employees, marking significant progress towards its 8,000-sapling target set under its plantation activity.
With TKM employees encouraged to plant and nurture the distributed saplings within their neighbourhoods and submit periodic reports on plant growth, the it is noteworthy to mention about Toyota’s tree plantation activities that are strongly driven by adopting a unique concept namely the ‘Miyawaki Method of Afforestation’ since 2009, and TKM was the first corporate in India to implement such plantation methodology. TKM’s steadfast commitment to sustainability and ecological restoration is yielding remarkable results, as evidenced by the numerous advantages of the Miyawaki approach. A comprehensive study conducted in collaboration with experts from Bangalore University revealed that the Miyawaki method excels in carbon sequestration, capturing an impressive 30.86 tonnes of carbon per acre.
By doing so, TKM not only restored native habitats but also created self-sustaining ecosystem that contribute to a healthier planet. Under the guidance of Late Dr Akira Miyawaki himself, TKM initiated its maiden Miyawaki plantation drive, way back in 2009, marking a significant milestone in its journey towards conservation of greenery and eco-consciousness. Since that momentous day, TKM's plantation drives have continued to evolve and expanded to 112 acres of green cover within the factory premises, out of which 32 acres of afforestation has been developed using Miyawaki method. Today, Toyota’s manufacturing facility, located in Bidadi (on the outskirts of Bengaluru) proudly boasts more than 328,000 trees of over 790 native species planted within its premises. The results have been truly awe-inspiring with a remarkable increase in biodiversity observed over the years.
From a mere 181 plant species, the count has surged to an impressive 790, while the number of faunal species has risen from 76 to 284. The vibrant ecosystem now encompasses 88 bird varieties, 38 butterfly species, 107 insects, 17 reptiles, 8 mammals, and 6 amphibians, reflecting the successful development of a thriving native forest ecosystem.
In addition, TKM has created an experiential environmental learning centre ‘Ecozone’ (spread across 25 acres with 17 theme parks and home to 65,000 trees with 650 native species) for children, teachers, community members and other stakeholders, within its manufacturing facility aimed at creating the environment leaders and change champions for the future, to usher in desired behavioural change in the communities. This green zone depicts the creation of dense forest within the plant facility using the ‘Miyawaki Concept’ of plantation. The forests are dominantly planted with species of 4 major forest types such as Dry Deciduous, Moist Deciduous, Semi-evergreen and Evergreen Forest, covering 21 different sub-concepts such as Pollination meadows, herbal garden, plants for spices etc. So far, more than 42,000+ students & other stakeholders have been covered through ecozone initiative.
B Padmanabha, Executive Vice President and Director of Manufacturing - Toyota Kirloskar Motor, averred, “At Toyota Kirloskar Motor, we recognise that environmental and social sustainability are just as crucial as economic progression. Guided by Toyota’s Global Environmental Challenge 2050 (six challenges announced in 2015), our sustainability efforts are far reaching that go beyond product zero emissions. While the first three challenges seek to achieve zero carbon emissions covering the entire life cycle of our products, across manufacturing operations as well as our value chain, the last three challenges focus to achieve water conservation, establishing recycled based society and living in harmony with nature.”
“We believe that a sustainable future is built through collective action and community involvement, as exemplified by one of our eco initiatives - Green Wave Program that covers afforestation (plantation drives, distribution of saplings), sharing best practices (e.g. Miyawaki plantation methodology), creating awareness on nature conservation and imbibing good eco behaviour (Toyota Ecozone – Experiential Eco Learning). Together with our employees and other stakeholders, we aim to catalyse positive change in the community to safeguard the environment to the future,” he added.
TomTom Appoints Mike Schoofs As Chief Executive Officer
- By MT Bureau
- April 18, 2026
TomTom, the location technology specialist, has announced the appointment of Mike Schoofs as Chief Executive Officer and a member of the Management Board. The decision was formalised following approval by shareholders at the company’s Annual General Meeting (AGM). The AGM also confirmed the appointment of Co-founder and former CEO Harold Goddijn to the Supervisory Board, alongside Joep van Beurden, while Derk Haank was reappointed as a member.
Schoofs joined TomTom in 2005 after holding positions at KPN-Orange and Samsung. During his tenure, he has served in various commercial leadership roles globally and within specific regions. In 2023, he assumed the role of Chief Revenue Officer, where he managed the company’s commercial strategy and expanded its enterprise business footprint. A Belgian national based in Amsterdam, Schoofs also serves as an advisor to several European startups.
The leadership transition occurs as the company focuses on the integration of artificial intelligence within location intelligence and the provision of data for its partners. TomTom’s strategy remains focused on scaling its commercial presence across all business segments under the new executive structure.
Derk Haank, Chairman of TomTom’s Supervisory Board, said, “Mike brings extensive commercial leadership experience and deep knowledge of TomTom’s business, built over more than two decades with the company. We are confident that he is well positioned to lead TomTom in its next phase.”
Mike Schoofs, said, “I’m excited to lead TomTom at a moment when location intelligence is reaching a decisive turning point, accelerated by AI and the growing need for trusted, real‑world data. I look forward to creating lasting impact for our customers and our partners.”
IVECO BUS Academy Integrates Virtual Reality Into Customer Training Programmes
- By MT Bureau
- April 18, 2026
IVECO BUS Academy is incorporating virtual reality (VR) into its training curriculum to support the maintenance and operation of electric vehicles across Europe. The initiative follows a year in which the academy trained 6,100 people across 800 sessions in 2025. This integration aims to address the technical skills required for high-voltage vehicle systems while ensuring safety and operational efficiency.
The use of VR technology allows trainees to perform maintenance procedures in a simulated environment, eliminating physical risks associated with incorrect handling of electrical components. The immersive system enables repetitive practice of technical operations and reproduces complex scenarios that are difficult to simulate in conventional training environments. By utilising these tools, the academy seeks to improve knowledge retention and the long-term proficiency of technical teams.
The academy provides training tailored to the requirements of transport operators, updating its content to reflect changes in energy sources, vehicle technology and industry regulations. These programmes are delivered both at the academy's facilities and on-site at customer premises. The deployment of VR is intended to reduce downtime for vehicle fleets by improving the diagnostic capabilities of service personnel.
Teresa Magno, IVECO BUS Academy, said, “At IVECO BUS Academy, we know that delivering sustainable mobility extends far beyond the product itself. A vehicle is only truly efficient when it is supported by the right services. Fleet availability also relies on the expertise of skilled teams. As technologies evolve, so do the competencies required for diagnostics. With these new educational tools, IVECO BUS Academy confirms its ambition to provide comprehensive solutions, where training becomes a real driver of performance, safety and customer satisfaction.”
- Indigo Ventures
- Sarla Aviation
- Accel
- Nikhil Kamath
- air taxi
- Lilium
- Joby
- Volocopter
- eVTOL
- United Airlines
- Delta Air Lines
- Indigo
- Adrian Schmidt
IndiGo Ventures Invests INR 100 Million In Sarla Aviation For Air Taxi Development
- By MT Bureau
- April 17, 2026
IndiGo Ventures has completed a INR 100 million strategic equity investment in Sarla Aviation, marking a formal entry into the Indian electric vertical take-off and landing (eVTOL) sector.
The funding was part of a recent round led by Accel and Nikhil Kamath. The partnership is intended to establish an infrastructure for air taxi operations across India, specifically targeting transport corridors between zero and 300 kilometres.
Sarla Aviation is a startup focusing on the development of hybrid-electric aircraft platforms. The firm operates a private eVTOL demonstrator and employs an engineering team with previous experience at international firms including Lilium, Joby and Volocopter.
By utilising electric flight technology, the company aims to provide transport services for airport transfers, inter-city commutes and emergency medical runs at lower costs than traditional helicopter services.
The collaboration pairs Sarla's hardware development with the operational infrastructure of IndiGo, India's largest airline. At present, IndiGo operates over 2,000 daily flights across 85 airports and maintains a national network of maintenance, repair and overhaul (MRO) facilities. This investment aligns with global trends where major carriers, such as United Airlines and Delta Air Lines, have backed eVTOL manufacturers to secure future urban air mobility solutions.
Beyond passenger transport, the investment is expected to influence the domestic aerospace supply chain, including the production of composites, avionics and battery systems. Potential routes identified for future operations include Bengaluru Airport to Electronic City and Gurugram to Noida, which could see transit times reduced from over 90 minutes to approximately 15 minutes.
Adrian Schmidt, Co-Founder & CEO, Sarla Aviation, said, “IndiGo’s investment marks a turning point — not just for Sarla, but for the future of how India moves. For decades, Indians have accepted that distance means delay, that geography is a constraint you live with. We believe that era is ending. Having IndiGo — the airline that made flying accessible to hundreds of millions of Indians — stand behind this vision gives it a weight and credibility that we could not have built alone. India has always dreamed big. Now we have the partners to match the dream.”
Bosch Focuses On Innovation And Structural Reforms For 2026 Growth
- By MT Bureau
- April 17, 2026
German technology company Robert Bosch has announced its 2030 strategy, prioritising technological leadership in automation, electrification and artificial intelligence (AI) to navigate a challenging global economic environment.
Despite geopolitical tensions, the group reported 2025 sales revenue of EUR 91 billion, a slight increase from the previous year. For 2026, the company expects sales growth of 2–5 percent and an improved EBIT margin from operations between 4–6 percent.
The 2025 financial results were impacted by structural and personnel adjustments, resulting in provisions of EUR 2.7 billion. These measures reduced the EBIT margin from operations to 2 percent, down from 3.5 percent in 2024. However, the group maintained a high level of investment, dedicating EUR 12 billion to research, development and capital expenditure. Bosch remains a prolific patent applicant, registering approximately 6,300 patents in 2025.
A primary focus for the company is the advancement of sensor technology and automotive software. The global market for sensors is projected to exceed USD 440 billion by 2031, and Bosch is positioning its BMI5 sensor platform for applications in robotics and automated driving.
In the mobility sector, the firm secured orders worth EUR 10 billion in 2025 for driver assistance solutions and central vehicle computers. The group also expects to deliver more than 7 million components for electric vehicles this year.
The company is diversifying its reach through regional partnerships, including a joint venture with Tata AutoComp Systems in India to manufacture electric motors and axles. In the consumer goods sector, artificial intelligence is being integrated into products such as home appliances and professional power tools to drive sales.
To support future investments and improve capital market access, Bosch will begin publishing interim consolidated financial statements. The group's equity ratio remains high at 41.6 percent, with a positive free cash flow of EUR 300 million recorded in 2025. Total headcount saw a slight reduction of 1 percent during the year, ending with 412,774 associates worldwide.
Stefan Hartung, Chairman of the Board of Management of Robert Bosch, said, “Bosch can deliver the future – even under unfavourable conditions. 2026 will be a year of progress. As a global technology leader, we are committed to shaping the trends of automation, digitalization, electrification, and artificial intelligence, as this also paves the way for profitable growth in our business. An important prerequisite for this are the cost-cutting effects of the structural measures we have already initiated and innovations in all business areas.”
Markus Forschner, Member of the Board of Management and Chief Financial Officer, Robert Bosch, said, “Competitiveness is the foundation for profitable growth – it secures our investments for the future. This strengthens our resilience in the face of upcoming challenges and at the same time boosts our investment capacity for the future.”

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