Marks a defining moment in HMIL’s 29-year legacy, with Tarun Garg becoming the first Indian national to be appointed as the Managing Director & CEO.

Hyundai Motor India Limited (HMIL) announced the appointment of Tarun Garg as the next Managing Director and Chief Executive Officer of the company, subject to approval of shareholders, effective January 01, 2026. This marks a significant milestone, as Mr Garg becomes the first Indian national to take on this leadership role within HMIL, since the company’s establishment 29 years ago. At present, Mr Garg serves as the Whole-time Director & COO of HMIL. Following a smooth transition, the incumbent Managing Director, Unsoo Kim, will return to a strategic role at Hyundai Motor Company (HMC), South Korea. 

This appointment reflects Hyundai’s strong confidence in India’s leadership capabilities and India’s growing strategic importance within the global automotive landscape. Mr Garg was identified for this position by HMC. Over the past two years, Mr Garg has worked closely with global management in preparation for this elevation.

Commenting on this announcement, José Muñoz, President & CEO of HMC, said, “Tarun’s appointment as the first Indian national to lead HMIL is a defining moment in our nearly three-decade history. He is a transformative leader who brings a progressive vision combined with a deep understanding of the Indian market. Under his guidance as COO, HMIL achieved record sales for three consecutive years, record-breaking profits and completed India’s largest IPO in 2024. He is a people-first leader who understands that success happens when you treat customers like honoured guests, empower your teams and invest for the long term. I would also like to thank Unsoo for his hard work and dedication in helping lay the foundation for the success HMIL enjoys today. We wish you luck on your next assignment.”

Upon his elevation, Tarun Garg, Whole-time Director & COO, HMIL, expressed, “I am deeply honoured by the trust and confidence placed in me by Hyundai Motor Group. India’s automotive sector is in an exciting phase of transformation, and I aim to contribute to HMIL’s continued growth in this market by stepping into this role. Success in this industry demands excellence across every touchpoint, from design and engineering to manufacturing, sales and service, and I am fortunate to work alongside Hyundai’s talented employees, dealer partners and supplier partners who make it all possible. Together, we will stay focused on strengthening HMIL’s legacy of customer delight and loyalty built over the past 29 years, ensuring our journey continues to shape the future of mobility and build lasting connections in India.”

In his pivotal role as Managing Director and CEO of HMIL, Mr Garg’s strategic focus will be on four key pillars – Future Strategy Focused, Market & People Centred, Customer Orientation and further Impetus to Make in India. These pillars will help shape the brand’s future – championing unparalleled customer satisfaction, building a robust and localised supply chain for enhanced value and establishing India as a global export hub while developing next-gen mobility solutions.

Mr Garg’s tenure at HMIL has been shaped by meaningful contributions that have steadily advanced the company’s growth and direction. With more than 32 years of industry experience, he led HMIL to its highest-ever sales for three consecutive years, delivered record-breaking profits and achieved highest EBITDA margin in FY24. Among his other notable contributions was his role as the Chief Orchestrator of HMIL’s Initial Public Offering (IPO) in 2024, which marked the largest public offering in the history of the Indian equity markets. His sharp focus on profitability, sustainability and customer experience positioned HMIL at the forefront of the SUV segment leadership.

He championed digital transformation through initiatives such as the MyHyundai app for customers, HSMART for dealers and a direct-to-consumer channel for electric vehicles, achieving over 90% NPS across sales and service.

Beyond business metrics, Mr Garg is a people-first leader deeply committed to community impact and innovation. His inclusive vision led to the launch of “Samarth by Hyundai,” an initiative towards creating a more aware and inclusive society for people with disabilities in India. Known for his humility and deep connection to the community, Mr Garg continues to inspire with a leadership style rooted in purpose, progress and people. This syncs with Hyundai Motor Group’s global vision of “Progress for Humanity,” which emphasises that progress becomes meaningful only when connected with a deep sense of humanity.

Since joining HMIL in 2019, Mr Garg’s leadership journey has been marked by rapid progression. He was initially appointed as the Head of Sales, Service and Marketing, where he took charge of the company’s core customer-facing functions. His exceptional performance and strategic vision led to his further elevation in 2023, when he was appointed as the Chief Operating Officer, a role that expanded his responsibilities to oversee the company’s entire operational spectrum.

Before bringing his expertise to HMIL, Mr Garg had an illustrious career with Maruti Suzuki India Limited (MSIL). He began as a Management Trainee, mastering the areas of logistics and sales planning and progressively advanced through a series of key roles. His journey there included positions such as Regional Sales Manager, Commercial Business Head, National Sales and Network Head and ultimately, Executive Director of Marketing, Logistics, Parts and Accessories.

Mr Garg’s strong academic foundation complements his professional experience. He is a Mechanical Engineer from the prestigious Delhi Technological University (formerly known as Delhi College of Engineering), one of the best technological universities in India. Further enhancing his strategic and business acumen, he holds an MBA from one of India’s most premier business schools – the Indian Institute of Management (IIM) Lucknow.

Engineered for comfort: Full-air suspension delivers a first-class travel experience across India’s highways.

Tata Motors Commercial Vehicles unveiled its most advanced intercity platform yet, the all-new Tata LPO 1822 bus chassis. Engineered to set new benchmarks in long-haul passenger transport, the LPO 1822 represents a bold leap forward in comfort, performance and operational efficiency, reaffirming Tata Motors’ leadership in shaping the future of mass mobility.

The Tata LPO 1822 delivers an exceptional ride experience through its full-air suspension and low NVH (Noise, Vibration and Harshness) attributes, ensuring a fatigue-free journey for passengers and drivers alike. With flexible configurations ranging from 36 to 50-seaters and sleeper layouts, the chassis is designed to meet the evolving needs of fleet operators across India’s expanding transport landscape.

Commenting on the launch, Mr Anand S, Vice President and Head – Commercial Passenger Vehicle Business, Tata Motors Commercial Vehicles, said: “India’s intercity transport ecosystem is transforming, driven by rising connectivity and growing passenger expectations. The Tata LPO 1822 is an advanced product, combining superior ride quality, robust engineering and intelligent features to deliver unmatched value.”

Powering the LPO 1822 is the proven 5.6-litre Cummins diesel engine, delivering an impressive 220hp and 925Nm of torque, a powertrain that balances high performance with fuel efficiency. The chassis also serves as the underpinning for the fully built Tata Magna Coach, a premium intercity bus designed to offer best-in-class safety, comfort and travel experience.

Further enhancing its value proposition, the LPO 1822 comes with a complimentary four-year subscription to Fleet Edge, Tata Motors’ next generation connected vehicle platform. Fleet Edge empowers operators with real-time diagnostics, predictive maintenance and data-driven fleet optimisation — enabling smarter, more profitable operations.

With a comprehensive portfolio spanning 9–55-seater models across diesel, CNG, LNG and electric powertrains, Tata Motors continues to lead the way in delivering future-ready mobility solutions. It is backed by Sampoorna Seva 2.0, a holistic vehicle lifecycle support program offering assured service turnaround, genuine spares, annual maintenance contracts and 24×7 breakdown assistance. Supported by a robust network of over 4,500 sales and service touchpoints nationwide, Tata Motors remains deeply committed to transforming India’s passenger transport landscape.

Dr. Pramod Kumar, Founder Director of Arience India and UK

Ananda Khade, Regional Head – Central and West Region, Automotive Skills Development Council

Ravindra Gugale, Sr. GM Purchase, Tata Autocomp Systems Ltd

The Automated Battery Plant, monitored by women, is inaugurated along with the new eM&HCV conveyor line deploying Automated Guided Vehicles (AGV).

Montra Electric eM&HCV (IPLTech Electric Private Limited), the clean mobility brand of the diversified Murugappa Group, launched the new Rhino 5538 EV 4×2 TT and introduced Battery Swap for its Rhino range of trucks. The vehicles were launched at their eM&HCV (electric medium & heavy commercial vehicle) manufacturing facility in Manesar, Haryana.

Montra Electric eM&HCV also inaugurated India’s first all-women monitored, Automated Battery Plant and a new conveyor line integrated with ‘Automated Guided Vehicles’ (AGVs).

The new Rhino 5538 EV 4×2 TT marks a defining moment for India, catapulting the nation into the global league of electric mobility and sustainable freight solutions.

The new Rhino 5538 EV 4×2 TT and the battery swap technology were unveiled in the presence of M A M Arunachalam (Arun Murugappan), Chairman, Montra Electric (TI Clean Mobility Private Limited), and  Vellayan Subbiah, Vice-Chairman, Montra Electric (TI Clean Mobility Private Limited). The launch marks the expansion of Montra Electric’s Rhino EV truck’s portfolio, building on the success of India’s first heavy-duty electric truck, the 6×4 TT, which has already clocked over 1.2 crore kilometres within just two years of its debut.

The swap takes less than 6 minutes, compared to over an hour with conventional fast charging. Built with a 7+1 configuration and advanced automation, it can handle over 160 swaps per day at peak utilisation and serve hundreds of vehicles based on fleet usage. Its controlled charging environment extends battery life, while the drive-through design enables trucks with trailers to move in and out seamlessly, much like a toll plaza.

The Rhino 5538 EV 4×2 TT is powered by a 282 kWh LFP battery, delivering 380 HP and 2000 Nm torque, with a range of nearly 198 km on a single charge under standard test conditions. Its 6-speed AMT transmission, robust chassis frame, and compatibility with multiple trailer types make it a versatile solution for long-haul freight. With a Gross Combination Weight (GCW) of 55 tons, the Rhino is purpose-built for Indian operating conditions, offering performance, reliability, and reduced operating costs. The truck is priced at ₹1.15 crore (ex-factory) for the fixed-battery variant. It is backed by Montra Electric’s unique AMC contract for 10 years/9 lakh km, with a 95% uptime guarantee, advanced telematics, and tailored financing solutions.

Arun Murugappan, Chairman, Montra Electric (TI Clean Mobility Pvt. Ltd.) said, “At Montra Electric, we are building products and services that directly address the biggest hurdles in commercial EV adoption. With innovations like battery swapping for heavy-duty trucks and purpose-built platforms across segments, we are making clean mobility seamless, reliable, and economically viable for fleet operators. Each step we take is designed to accelerate India’s shift towards cleaner logistics, ensuring that sustainable mobility becomes the norm rather than the exception.”

Jalaj Gupta, Managing Director, Montra Electric (TI Clean Mobility), said, “Launch of the Rhino 5538 EV 4×2 TT, in one of the largest industry segments, demonstrates our commitment to innovation, localisation, and sustainability. All the new additions to our manufacturing facility, automated battery plant, battery swap technology and the conveyor line integrated with Automated Guided Vehicles (AGVs), will collectively unlock greater efficiency, reliability, and localisation.”

The introduction of battery swapping technology helps tackle critical barriers such as long charging times and high operational costs. With this step, Montra Electric is paving the way for the wider adoption of clean transport solutions that support logistics players while contributing meaningfully to India’s climate ambitions.

The newly launched Rhino 5538 EV 4×2 TT will be available in two variants, with options for battery swapping and with a standard integrated battery pack. Beyond heavy commercial vehicles, Montra Electric’s portfolio also includes electric three-wheelers, small commercial vehicles, and tractors, making it one of the few full-spectrum players driving India’s clean mobility transition.

BKT will use India’s premier automotive testing facility to enhance product testing across 2W, PVR and CVR segments.

Balkrishna Industries Ltd. (BKT), a manufacturer of the Off-Highway Tyre (OHT) industry, inaugurated a dedicated Vehicle Dynamics & Testing (VD&T) base at the National Automotive Test Tracks (NATRAX) in Indore, Asia’s second-largest and longest test track facility. The inauguration took place in the presence of Satish Sharma, Sr President & Director – Business Development and Strategy, BKT. This expands BKT into the passenger vehicle tyre segment, including Passenger Car Radial (PCR), Commercial Vehicle Radial (CVR), and 2-Wheeler tyre categories. BKT will thus bring world-class products to Indian consumers and global markets through workshops equipped with advanced machinery and an expert R&D team for real-world testing.

The VD&T base will serve as a hub for advanced testing and validation, allowing BKT to accelerate product development, ensure reliability, enhance performance, and address the evolving needs of both Indian and global consumers. With NATRAX’s world-class infrastructure, BKT can deliver high-quality, innovative tyres across all mobility segments.

With access to NATRAX, BKT can test tyres across real-world scenarios, from ride and handling to comfort, braking, durability, and even off-road terrain. These capabilities are critical for both Original Equipment Manufacturers (OEMs) and the replacement market, ensuring tyres meet stringent global benchmarks while giving everyday consumers the confidence of world-class quality.

Commenting on the development, Satish Sharma, Sr President & Director – Business Development and Strategy, BKT said: “The establishment of a dedicated VD&T base at NATRAX marks a pivotal step in our journey to deliver world-class tyres across segments. This facility empowers us to simulate real-world conditions and rigorously test our products for performance, safety, and durability. By addressing key consumer pain points, be it ride comfort, braking efficiency, or terrain adaptability, we are committed to engineering solutions that truly elevate the driving experience.”

With this initiative, BKT strengthens its on-road vehicle segment capabilities with state-of-the-art machinery and experienced teams. The new VT&D base strengthens R&D and testing capabilities, enabling the development of passenger tyres that are safer, more durable, and deliver exceptional value products made in India, for India and to the world.

The facility will feature India’s first all-women battery production unit, highlighting Montra Electric’s commitment to gender inclusivity and women’s empowerment in the EV sector.

Montra Electric HCV, the clean mobility brand of the Murugappa Group, will unveil its advanced eHCV (electric heavy commercial) manufacturing facility in Manesar, Haryana. Key highlights of the facility include India’s first all-women, fully automated battery production unit and the introduction of new Automated Guided Vehicles (AGVs) integrated with conveyor lines to support the production of eHCV.

Spread across 255,000 square feet of land with a built-up area of 150,000 square feet, the facility will have an installed production capacity of 6,000 units per annum on a two-shift basis, scalable up to 7,500 units per annum with additional shifts. It will be designed for flexibility, with the ability to manufacture multiple product variants, including the Rhino EV series and future introductions.

The plant will incorporate advanced automation with 60 percent robotics integration and full Industry 4.0 digital manufacturing practices. It will be equipped with in-house battery pack assembly capability of 1.7 GWh and extensive testing infrastructure, including E&E (Electricals & Electronics) labs, QA labs, battery pack cyclers, roll and brake testers, wheel alignment systems, headlamp aiming, and shower testing facilities. The facility will also host R&D and prototype workshops to accelerate product development. Montra Electric will source 74 percent of components locally, excluding imported cells, underlining its focus on localisation and supply chain resilience.

The Manesar facility is designed with sustainability at its core. In addition to battery recycling and waste management initiatives, the plant will include charging infrastructure within its premises. Future expansion phases are expected to integrate renewable energy. Montra Electric will also initiate local community engagement through skilling programs and environmental drives such as tree plantation campaigns.

The company will apply for benefits under the PM E-Drive Scheme and will explore additional state-level incentives to support its manufacturing expansion.

The mini truck offers annual savings of up to INR 1.15 lakh, a real-world range of 140–170 km, best-in-class gradability and torque, along with CCS2-enabled ultra-fast charging.

Euler Motors launched Euler Turbo EV 1000, a 1 Tonne 4W eCV, that comes at an ex-showroom starting price of INR 5.99 Lakhs and delivers an annual savings of INR 1.15 Lakhs when compared to diesel counterparts.

It is the first eCV in the 1 T segment to offer a real range of 140-170 kms, while also boasting 140 NM torque and 230 MM Disc Brake on R13 Wheel Platform – both the highest in the segment, enabling customers to comfortably navigate challenging city roads without compromising on safety, speed or payload. Further, it comes equipped with CCS 2 fast charging capabilities, delivering an industry-first real range of 50 km in just 15 minutes of charge at public charging infrastructure.

Turbo EV 1000 fills a critical gap in the market for businesses seeking a reliable and high-performance alternative to legacy diesel and other ICE vehicles, while also eliminating price barriers to adoption. This is especially true for small fleet owners and driver-entrepreneurs operating on razor-thin margins. Turbo changes this equation by offering a compelling upfront cost, low running expense, and significantly lower total cost of ownership (TCO), unlocking a much-awaited superior profitability.

“As India’s state and national transport policies, GST reforms and other developments reshape fleet economics in Indian cities, Euler Turbo EV 1000 arrives at a pivotal time to drive the transition to sustainable mobility in India. It is poised to be the inflexion point for EV penetration growth in the 4W CV segment overall, currently estimated at around 2%.”, said Saurav Kumar, Founder and CEO, Euler Motors.

Euler Turbo EV 1000 boasts nine segment-first innovations, and is the third product from Euler Motors’ stable, and its second 4W CV, following on the heels of its maiden 4W Storm EV.

“We aspired to build a vehicle that fundamentally changes how people think about commercial vehicles in this segment. With this, Euler Motors has firmly placed India on the global EV manufacturing map”, added Saurav.

Euler Turbo EV 1000 comes in three variants – CITY, FAST CHARGE and MAXX, available at INR 5,99,999, INR 8,19,999 and INR 7,19,999, respectively. Easy EMI options beginning at INR 10000/month with a down payment of INR 49,999.

This article explores the latest breakthroughs shaping the future of vehicle lighting, the technologies driving growth, and the trends that are set to redefine the industry landscape.

The automotive lighting industry is undergoing a profound transformation as vehicles evolve into smarter, safer, and more energy-efficient machines. Lighting, once a simple functional component for visibility, has now become a central element of design, safety, and technology integration. With the rise of electric vehicles (EVs), autonomous driving systems, and changing consumer preferences, the Automotive Lighting Market is witnessing rapid innovation that extends far beyond traditional headlights and taillights.

LED and OLED Lighting: Efficiency Meets Design

One of the most impactful innovations reshaping the Automotive Lighting Market is the widespread adoption of LED (Light-Emitting Diode) and OLED (Organic Light-Emitting Diode) technologies. LEDs have already surpassed halogen and xenon lights due to their energy efficiency, longer lifespan, and ability to integrate into sleek designs. Automakers now use LEDs to create dynamic lighting patterns, enhancing vehicle aesthetics while reducing energy consumption—an especially crucial factor in EVs where every watt matters.

OLED lighting, on the other hand, provides ultra-thin, flexible panels that enable new levels of design freedom. These panels allow manufacturers to create seamless taillights and interior lighting solutions that deliver both functionality and premium aesthetics. As OLED production costs decline, their integration is expected to rise significantly in luxury as well as mid-range models.

Adaptive and Matrix Beam Headlights

Modern vehicles are increasingly equipped with adaptive lighting systems, which automatically adjust the direction and intensity of light based on driving conditions. Matrix beam technology represents a leap forward, breaking down headlight beams into multiple segments that can be individually controlled. This innovation allows drivers to maintain high beam illumination without dazzling oncoming traffic, dramatically improving nighttime safety.

Several leading manufacturers are investing in adaptive systems that communicate with onboard sensors and navigation data, enabling headlights to anticipate curves, road conditions, or approaching intersections. By combining safety and convenience, matrix headlights are quickly becoming a standard in next-generation vehicles.

Laser Lighting: Pushing the Limits of Visibility

Laser lighting technology is another exciting innovation redefining how far and bright automotive lights can go. Laser headlights can project light nearly twice as far as conventional LED systems while consuming less power. This makes them particularly attractive for high-performance and luxury vehicles, where visibility and efficiency are equally important.

Although currently expensive and limited to premium brands, advancements in production and cost reduction strategies will likely make laser lighting accessible to a wider market segment in the coming years. Their superior range and brightness position laser lights as a future-ready solution, especially for long-distance and high-speed driving.

Digital Lighting and Projection Capabilities

One of the most futuristic trends in the automotive sector is digital lighting. This technology goes beyond illumination, enabling headlights and taillights to project symbols, animations, or even road warnings directly onto the surface. For example, digital headlights can project pedestrian crossings, lane guidance, or warning signals onto the road ahead.

This innovation enhances safety and aligns with the growing integration of advanced driver-assistance systems (ADAS). By combining lighting with communication, digital lighting is set to become a crucial element in autonomous vehicles, where clear signalling between car, driver, and pedestrian will be essential.

Smart Interior Lighting and Personalisation

Automotive lighting innovation is not limited to the exterior. Interior ambient lighting has become a popular trend, offering drivers and passengers personalised experiences. Colour-changing LED systems, customizable lighting zones, and mood-responsive features are now being integrated into dashboards, doors, and footwells.

Beyond aesthetics, smart interior lighting improves functionality. It can highlight important controls, guide drivers during night journeys, or alert them to safety warnings. As vehicles become more connected and autonomous, interiors are transforming into living spaces, and lighting will play a vital role in enhancing comfort and personalisation.

Integration with Advanced Driver Assistance Systems (ADAS)

Safety remains one of the strongest drivers of innovation in the Automotive Lighting Market. Advanced lighting systems are now being designed to integrate seamlessly with ADAS features. For example, headlights linked to cameras and radar sensors can identify obstacles or pedestrians and adjust illumination accordingly. Similarly, rear and side lighting systems can be synchronised with blind-spot monitoring alerts or lane-departure warnings.

This integration helps create a holistic safety ecosystem, where lighting is no longer just passive but actively contributes to accident prevention. With autonomous driving on the horizon, lighting innovations will serve as an essential bridge between vehicles and their environment.

Sustainability and Energy Efficiency

As global regulations push for greener technologies, automotive lighting is evolving with sustainability in mind. LED and laser systems already consume less energy than halogen or xenon lights, but manufacturers are also exploring recyclable materials and eco-friendly production processes.

Lightweight components reduce vehicle emissions and improve efficiency, especially in electric models. Furthermore, advances in control systems allow lighting units to operate only when necessary, minimising energy waste. This alignment with sustainability goals is a key reason why governments and regulators support modern lighting adoption in vehicles.

Regional Adoption and Industry Growth

The pace of adoption varies across regions. Europe and North America are at the forefront of integrating advanced lighting systems, driven by stringent safety regulations and high consumer demand for premium features. Meanwhile, the Asia-Pacific region is emerging as the largest market in terms of volume, with China, Japan, and South Korea driving mass adoption through their rapidly expanding automotive industries.

According to Fairfield Market Research, the global automotive lighting industry is poised for steady growth, fueled by electrification, digitalisation, and increasing safety requirements. Both established players and emerging companies are competing to deliver cutting-edge technologies that cater to these evolving demands.

Competitive Landscape and Future Outlook

The Automotive Lighting Market is highly competitive, with leading companies such as Koito, Valeo, Hella, Magneti Marelli, and Stanley Electric continuously innovating to maintain their edge. These players are investing heavily in R&D, partnerships, and acquisitions to advance LED, OLED, and laser technologies.

The future of automotive lighting lies in blending efficiency with intelligence. As vehicles become more autonomous and connected, lighting systems will act as sources of illumination, communication tools, design statements, and energy-efficient technologies. With continuous innovations, the automotive lighting sector is expected to remain one of the most dynamic segments of the mobility industry over the next decade.

Automotive lighting has evolved from a basic necessity into a hub of innovation that merges safety, design, and sustainability. From adaptive matrix headlights and OLED taillights to laser beams and digital projections, the future of lighting promises to make vehicles safer, smarter, and more visually appealing.

As regulatory bodies emphasise safety and consumers demand more personalised experiences, the industry will continue to invest in next-generation lighting solutions. With market leaders and innovators shaping the landscape, the journey ahead is illuminated with opportunities.

For businesses, manufacturers, and investors, keeping pace with these advancements will be crucial in leveraging the growth opportunities presented by the evolving Automotive Lighting Market.

The integration of ES-Tec Group will enhance Tata Technologies’ ER&D capabilities, particularly in embedded systems, electronics, and systems engineering.

Tata Technologies, a global product engineering and digital services company, has entered into a definitive agreement to acquire 100% equity shares of ES-Tech GmbH and its subsidiaries (collectively, ES-Tec Group) for a total cash consideration of €75 million. The consideration will be paid over the next two years and includes performance-based earn-outs. The transaction is expected to be EPS accretive from the first full year of operations.
 
Founded in 2006 and headquartered in Wolfsburg, Germany, ES-Tec Group is a premium automotive engineering services provider with deep domain expertise in Driver Assistance Systems (ADAS), Connected Driving, and Digital Engineering. With a talent pool of over 300 skilled professionals, ES-Tec has built a strong reputation for delivering complex systems engineering solutions to its customers.
 
This acquisition marks a significant step forward in TTL’s global growth strategy, reinforcing its commitment to delivering future-ready engineering solutions to the automotive industry. ES-Tec’s established presence in Germany, one of the world’s most advanced automotive innovation hubs, provides Tata Technologies with a strategic platform to scale its ER&D operations, access top-tier engineering talent, and deepen relationships with marquee OEMs.
 
The automotive industry is undergoing a profound transformation, with European OEMs accelerating R&D investments in ADAS/AD, electrification, and software-defined vehicle platforms. As a result, the market for Engineering Service Providers (ESPs) in Europe is projected to grow from €4.5 billion in 2020 to €11.7 billion by 2030. This trend presents significant opportunities for ES-Tec to expand its capabilities, strengthen its customer partnerships, and capture a larger share of high-value development programs.
 
“The acquisition of ES-Tec Group is a strategic leap that enhances our ability to deliver end-to-end product engineering solutions across the automotive value chain and represents our commitment to expand our global footprint in accessing innovative engineering capabilities,” said Warren Harris, MD & CEO of Tata Technologies.
 
The transaction is subject to customary closing conditions and regulatory approvals. Tata Technologies remains committed to investing in innovation, talent, and customer success as it continues to scale its global footprint and deliver differentiated value to its partners.
 
MCF Corporate Finance, based in Europe, was the advisor to Tata Technologies on this transaction.

Sterling Gtake E-Mobility partners with China’s Landworld Technology to locally manufacture EV chargers, converters, and power units.

Sterling Gtake E-Mobility Ltd (SGEM) has partnered with Chinese firm Landworld Technology for the local manufacturing of the on-board chargers and DC/DC converters, as well as power distribution units.

SGEM, a subsidiary of the automotive components maker Sterling Tools, expects the collaboration to generate around Rs 450 crore in business by FY30, the company said.

Sterling Tools will produce the components at its Faridabad EV campus under a technology licensing and supply pact with Landworld. The products, catering to both passenger and commercial vehicles, are critical for advancing vehicle electrification.

Anil Aggarwal, Chairman of Sterling Tools, said the collaboration strengthens India’s EV ecosystem by expanding beyond motor control units and powertrain platforms, with growing focus on integrated multi-function subsystems. Lin Chen, Vice General Manager of Landworld Technology, highlighted India’s EV market potential and said the partnership will deliver their expertise in on-board chargers and DC/DC converters to local customers.

Rajesh Dubbewar, EVP & SBU Head- Metallic and Advanced Plastics, Lumax Mannoh Allied Technologies Ltd

Gabriel Vigier, International Business Developer, HEF Durferrit India

Kishor Jadhav, Director India & Global R&D Engineering, FORVIA Clean Mobility

Arjun Mukund Raj, Manager – Sales and Application, Shree Rapid Technologies

Rinoo Rajesh, President & CEO, PMI Pune-Deccan India Chapter

Vidhan Bhandari, Director, Dalmec Industrial Manipulators India

Sourabh Nimodiya, Manager – Sales & Marketing, Dalmec Industrial Manipulators India Pvt. Ltd.

Yashwant Harak, Operation Head & Sustainability Champion, FCM Chakan Site

Pratik Shah, Partner, EY-Parthenon

Rajib Jena, Founder, Zordiso Technologies, Ex- Bajaj Auto

Avinash Khare, Veteran Industry Consultant, Ex- Tata Motors

The 65th SIAM Annual Convention on “Sustainable Mobility Paradigm for Viksit Bhar” comes at a time when India is taking giant strides towards becoming a global leader in green mobility. This convention brings together policymakers, industry leaders, and innovators to shape the roadmap for the Indian auto industry.

The 65th SIAM (Society of Indian Automobile Manufacturers) Annual Convention, held today at the Hotel Taj Palace & Convention Centre in New Delhi, served as a platform for industry leaders, government officials, and researchers to discuss the future of sustainable mobility in India. The theme of this year’s convention was “Sustainable Mobility Paradigm for Viksit Bharat,” focusing on the blueprint for the sustainable growth of the Indian mobility sector. The agenda of the convention included inaugural and plenary sessions, with key speakers addressing critical topics such as sustainable mobility, software-defined vehicles, and changing global dynamics.

The Welcome and Opening Address was delivered by Shailesh Chandra, President, SIAM and Managing Director, Tata Motors Passenger Vehicles Ltd and Tata Passenger Electric Mobility Ltd.  Hon’ble Prime Minister of India, Shri Narendra Modi, shared a special message emphasising the need to achieve true self-reliance across the entire automotive manufacturing value chain. He also added that as the nation moves towards global leadership in green and smart transportation, opportunities for investment and collaboration will be immense.

Guest of Honour, H. D. Kumaraswamy, Union Minister of Heavy Industries and Steel, Government of India, shared a video message where he congratulated SIAM on the event and praised the Indian auto industry’s invaluable contribution to the country’s progress, noting that vehicle production has grown from 2 million in 1991-92 to over 31 million in 2024-25. He detailed the Ministry of Heavy Industries’ initiatives, including the Prime Minister E-Drive scheme and the Production Linked Incentive (PLI) schemes for the automobile and auto component industry, which have seen a capital investment of about Rs. 29,576 crores by March 2025. Mr. Kumaraswamy also assured the industry that the Steel Ministry would provide support by developing specialised steel to reduce import dependency for certain auto components.

Nitin Gadkari, Union Minister of Road Transport & Highways, was the chief guest and participated in a moderated interaction. He thanked the government for creating a supportive ecosystem for the industry and noted that schemes for various powertrains, including electric, hybrid, gaseous, and biofuel-driven vehicles, have been instrumental in the sector’s transition.

Plenary Sessions and Discussions

Following the inaugural session, the convention continued with several plenary sessions that delved into specific topics. In his opening remarks at the Special Plenary Session 1 of the 65th SIAM Annual Convention, Shenu Agarwal, Vice President, SIAM and Managing Director & CEO, Ashok Leyland Ltd., said, “India’s commercial vehicle sector, the backbone of our economy, is undergoing a profound transformation. Growth in light commercial vehicles and buses is being fueled by the expansion of e-mobility and renewed government focus on strengthening public transport. The sector is committed to ambitious net-zero targets and pioneering a circular economy with the rapid deployment of electric buses and commercial vehicles. These steps have already saved thousands of tons of carbon emissions.”

Special Plenary Session 1

Special Plenary Session 1 discussed key enablers that are driving global leadership in sustainable mobility. This session included a presentation by Amit V Gupta from McKinsey & Company, where he shared that the three key drivers to accelerate the transition to sustainable mobility include alternate powertrains, shared mobility, and material circularity. Varying degrees of progress have already been made in this front. He shared, “From FY2020–25, new alternative powertrain vehicle registrations recorded over 40% CAGR growth. More than 75% of the population has access to at least one shared mobility mode. Around 300 vehicle testing facilities are operational to promote circularity. Going forward, we need to promote R&D for new battery technologies, mitigate geopolitical risks in sourcing, and leapfrog in hydrogen powertrain adoption.”

It was followed by the addresses from Unsoo Kim of Hyundai Motor India and Dr. Pawan Goenka, a Past President of SIAM. Tarun Kapoor, Adviser to the Prime Minister, also gave a special address during the continuation of this session in the afternoon.

Special Plenary Session 2

Special Plenary Session 2 covered the strategic development and market integration of Software-Defined Vehicles (SDVs) in India. Presentations were given by Dr. Christopher Borroni-Bird from Afreecar, Sri Subramanian from NVIDIA, and Andreas Tschiesner from McKinsey & Company, who discussed the risks, challenges, and benefits of SDVs, the role of Generative AI, and their impact on OEM collaborations. Sri Subramanian discussed the subject, ‘GenAI and SDVs: Powering India’s Vision for Safer, Smarter Mobility,’ citing, “India is currently in a foundational phase of adopting SDVs. Generative AI is not simply another tool; it is a strategic enabler that is fundamentally shaping the Indian automotive sector. Multimodality is the next frontier in GenAI-enabled content creation and content discovery. While 92% of enterprises are investing in AI, only 1% of them have mature AI deployments.” In his presentation at Special Plenary Session 2 of the 65th SIAM Annual Convention, Dr. Christopher Borroni-Bird, Founder, Afreecar, USA, spoke on the subject Risks, Challenges and Benefits of Software Defined Vehicles (SDV) for the Indian Mobility Market. He discussed the attitudes towards technology, which included fear and love of technologies; explained how software-defined vehicles are more like smartphones; gave clarity between connected vehicles and software-defined vehicles; elaborated upon the challenges and opportunities of SDVs and showcased how software and content are taking over the car’s value.

Special Plenary Session 3

Special Plenary Session 3 covered the changing global dynamics and implications for India in the evolving landscape. The final session of the day was opened by Shailesh Chandra and closed by Shradha Suri Marwah, President, ACMA and Chairperson & Managing Director, Subros Ltd. It featured special addresses by Rajesh Agrawal, Special Secretary, Ministry of Commerce and Industry, and Sudhakar Dalela, Secretary (ER), Ministry of External Affairs.

Key Discussion Points & Outcomes

During the question and answer segments, several critical issues were addressed:

• Vehicle Scrappage Policy: Mr. Gadkari highlighted the economic importance of the vehicle scrappage policy. He mentioned that the government and the auto industry have taken action by offering additional discounts for new vehicle purchases with a scrapping certificate. While 3 lakh government vehicles were targeted for scrapping by August 2025, a balance of 97.4 lakh vehicles remained to be scrapped. He also urged manufacturers to establish scrapping centres, automated fitness stations, and driving training centres, calling it a “win-win situation for all stakeholders”. Mr. Gadkari emphasised that scrap is a source of important metals, reduces pollution, and creates additional jobs.

• Road Safety: The growing trend in road fatalities was acknowledged by Mr. Gadkari, who pointed out that while road engineering and vehicle technology have improved, human behaviour determines the outcome. There is a pressing need for public campaigns, similar to those featuring public figures, to promote road safety awareness, particularly among the younger generation.

• E20 and Flex Fuel Technology: Mr. Gadkari spoke on the rollout of the E20 program and flex-fuel technology. He highlighted the economic benefits, noting that the initiative to produce ethanol from maize has generated significant income for farmers. He called the initiative “import substitute, cost-effective, pollution-free, and indigenous” and stated that it aligns with the diversification of agriculture toward the energy sector.

• GST Reduction: The Indian automotive industry expressed its gratitude for the government’s recent decision to reduce GST rates on vehicles. This move is expected to bring renewed momentum to the sector by making vehicles more affordable, particularly for first-time buyers and in the entry-level segment.

The convention concluded with a message of continued collaboration between the government and the industry to achieve the vision of a “Viksit Bharat” (Developed India) by 2047, focusing on sustainability, innovation, and global competitiveness.

Himanshu Jadhav, CEO & Director, Jendamark India

Ashok Kumar Deo, Senior Researcher, ICCT India (International Council on Clean Transportation)

Sandeep Vasudeo, Head of Department – Software Engineering, Marquardt India Private Ltd.

With climate goals tightening and the urgency to decarbonise transport growing stronger, the 9th edition of the Sustainable Mobility Fuels Summit (SMFS) is scheduled to take place on 11-12 September 2025 at the Shangri-La Eros Hotel, New Delhi. Organised by Messe Frankfurt Trade Fairs India Pvt Ltd, the two-day summit will serve as a definitive platform to initiate meaningful conversations that strategically drive alternative fuel adoption in India’s transport ecosystem.

India stands uniquely positioned amidst the energy transition towards clean fuels. The nation’s automotive industry is undergoing a paradigm shift, exploring a wide range of alternative, less energy-intensive options. Huge investments span across technologies ranging from CNG, LNG, CBG, ethanol-blended flex fuel, hydrogen and sustainable aviation fuel (SAF), driving a comprehensive shift in mobility. 

Tapping the entire spectrum of clean fuels, the summit will bring together policymakers, fuel manufacturers, automotive leaders, fleet operators, technology providers and sustainability experts with the central theme ‘Driving Sustainable Mobility through Alternative Fuels.’ The two-day summit will explore scalable solutions and policies that can reshape India’s mobility landscape.

Speaking about the upcoming edition, Raj Manek, Executive Director and Board Member, Messe Frankfurt Asia Holdings Ltd, shared: “India’s roadmap to sustainable mobility requires a multi-fuel and multi-technology approach. Sustainable Mobility Fuels Summit, formerly known as NGV India, has emerged as a convergence point where industry, academia and the government can come together to align strategies, innovation and implementation. We are proud to present and welcome the support of key ministries, associations and global thought leaders to help shape a greener, cleaner transport future for India.”

Alternate copy suggestion – The conference will feature over 20 technical presentations, panel discussions, and leadership dialogues, focusing on a range of crucial topics like: 

• Challenges, risks & plausible mitigation actions in the alternate fuel ecosystem (CNG- LNG, ethanol, hydrogen, CBG, SAF) 
• Policy, standards and regulatory frameworks needed for the scale-up of alternative fuels
• Sustainable fuel infrastructure – CGD network expansion – investment plans
• Advanced hydrogen cylinder technologies for safe & scalable mobility
• Real-time emissions tracking and reporting using smart sensors
• Leak detection and gas safety management

In addition, the summit will also feature a curated exhibition space showcasing technologies and fuel solutions from the global and Indian players, including:

• Ambetronics Engineers Private Limited – Specialising in industrial gas detection and automation
• Dover (OPW Division) – A leader in fluid-handling and fueling components
• KonveGas Sweden AB – Showcasing sustainable and scalable biogas solutions
• Unicorn Enterprise – Providers of CNG and LPG vehicle conversion systems

Notable speakers: 

1. H.E. Kenneth Félix Haczynski da Nóbrega, Ambassador, Embassy of Brazil, New Delhi
2. Dr Alok Sharma, Director – Research & Development, Indian Oil Corporation Ltd
3. DMR Panda, Executive Director- ED-H2/RE, National Thermal Power Corporation
4. Gautam Chakraborty, Chief Executive Officer (CEO), GAIL Gas Limited
5. Rajnath Ram, Adviser, NITI Aayog
6. Rahul Tandon, Chairman, Goa Natural Gas Pvt Ltd & Head of Industrial and Commercial (I&C) Business Unit, Bharat Petroleum Corporation Ltd.
7. Prof. S Dasappa, Interdisciplinary Centre for Energy Research, Associate faculty – Centre for Sustainable Technologies, Indian Institute of Science
8. Sachin Agrawal, Executive Vice President, Product Development, Eicher Trucks and Buses, VE Commercial Vehicles Ltd

The event has garnered support from leading institutions, including the Ministry of Road Transport and Highways (MoRTH), NITI Aayog, Pradhan Mantri Gram Sadak Yojana (PMGSY), National Rural Infrastructure Development Agency (NRIDA) and reputed industry bodies such as Net-zero Energy Transition Association (NETRA), Association of State Road Transport Undertakings (ASRTU) and the Natural Gas Society. Additionally, Nomura Research Institute has joined the summit as a strategic consulting partner. 

The 9th edition promises to be a knowledge-rich forum designed not only to disseminate technical know-how but also to forge collaborations and catalyse investments into India’s sustainable mobility future.

The government said the move positions Tamil Nadu as a hub for sustainable mobility and advanced battery technologies, aligning with its ambition to lead in the EV sector.

Chief Minister M.K. Stalin’s recent investment drive, dubbed ‘Tamil Nadu Rising,’ has brought a wave of hope and opportunity to the state. With fresh global investments of ₹15,516 crore from the UK and Germany, the potential to create over 17,600 jobs is a promise of a brighter future for many.

A major highlight is the Hinduja Group’s commitment of ₹7,500 crore towards strengthening the State’s electric vehicle ecosystem. The UK-based conglomerate will set up cell and battery manufacturing, battery energy storage systems (BESS), and charging infrastructure, creating more than 1,000 jobs.

Adding to the momentum, AstraZeneca announced a ₹176-crore expansion of its Global Innovation and Technology Centre in Chennai, its third investment in the State within two years. The expansion will drive AI-enabled research and technological innovation in healthcare.

Earlier in the drive, Stalin’s delegation had already secured MoUs worth ₹820 crore in the UK and a substantial ₹7,020 crore in Germany in aerospace, deep tech, textiles, automotive and electronics.

“These aren’t just numbers — they are opportunities and futures for our youth,” Stalin said, describing the investments as a reflection of the State’s governance model and talent strength

Narendra Bhagath, Technology Leader & Evangelist, Global Marketing, Siemens Digital Industries Software