- Shriram Pistons & Rings Limited
- Takahata Precision India Private Limited
- Takahata Japan
- Krishnakumar Srinivasan
Shriram Pistons & Rings To Obtain 75 Percent Shareholding In Takahata Precision India
- By MT News
- February 10, 2023
Shriram Pistons & Rings Limited (SPRL) will be acquiring 75 percent shareholding in Takahata Precision India Private Limited (TPIL) through its wholly owned subsidiary, SPR Engenious. The purchase consideration for 75 percent equity is INR 850 million (enterprise value of INR 2,220 million). This will mark Shriram Pistons & Rings’ foray into the manufacturing of precision injection moulded components, the company states. Takahata Precision India is an ultimate subsidiary of Takahata Japan.
Commenting on the proposed investment, Krishnakumar Srinivasan, Managing Director and CEO, Shriram Pistons & Rings, said, “With this strategic investment, SPRL aims to diversify its product portfolio beyond the current pistons, rings, engine valves and EV components, to precision plastic injection moulded parts. With the operations and technology support of Takahata Japan to TPIL, we will be able to service the domestic and global customers requiring precision moulded parts, both for automotive and industrial applications. Takahata brings in their high technology expertise to develop complex parts for these applications. This acquisition combines two strong, technology-led manufacturing teams, allied in their pursuit of excellence to deliver world-class manufacturing and moulding technology, which will enhance relationships with existing customers while creating additional opportunities for growth and expansion.”
The acquisition is subject to customary approvals and conditions. EY acted as the exclusive financial advisor to SPRL on this transaction.
- Synopsys
- 3D Engineering
- Ansys
- MCCIA Electronic Cluster Foundation
- MECF
- Mike Yeager
- Murali Pullela
- Shrikrishna Gadgil
- Ajay Deshkar
Synopsys And 3D Engineering Open Design Center In Pune
- By MT Bureau
- December 02, 2025
Synopsys, in association with 3D Engineering (an Ansys Elite Channel Partner), has inaugurated a new Design Center for Engineering Simulation at the MCCIA Electronic Cluster Foundation (MECF) in Pune.
The facility aims to accelerate access to advanced simulation technologies for MSMEs and be a catalyst for industrial R&D in Tier 2 and Tier 3 cities, industry-academia collaboration and student training.
The Design Center will enhance simulation-led innovation and adoption in electronic product design engineering for MSMEs in automotive, aerospace and defence, electronics and healthcare.
The facility will provide hands-on access to engineering tools in structural analysis, thermal modelling, electromagnetics and digital twin technologies. It is equipped with licensed Ansys (now part of Synopsys) simulation platforms and a high-performance computing (HPC) infrastructure.
The MECF facility is one of the Common Facility Centers (CFCs) approved by the Ministry of Electronics and Information Technology (MeitY), valued at INR 710 million. MECF is promoted by the Mahratta Chamber of Commerce, Industries and Agriculture (MCCIA).
This initiative aligns with India's goals under 'Make in India' and 'Skill India' by enabling simulation-led R&D, accelerating time-to-market for local manufacturing innovations and building a talent pipeline trained in engineering challenges.
It will serve as a dual-purpose hub for skill development and industry consultancy, offering design, simulation services and hands-on training. It will also bridge the cost and resource gap for smaller enterprises by offering discounted access to design tools and expert support.
Mike Yeager, Area Vice-President, Synopsys, said, “Simulation is a foundation of modern engineering, and we believe in making these powerful tools accessible everywhere in India. Our collaboration with 3D Engineering and MECF, supported by the Ministry of Electronics and Information Technology (MeitY), will empower students, startups, and SMEs to leapfrog into next-generation design and innovation.”
Murali Pullela, Area Sales Director, Synopsys, said, “Our collaboration with MECF reflects the company's commitment to empower innovation from silicon-to-systems. By equipping the design center with advanced engineering tools, India’s electronics ecosystem can be strengthened, accelerating product development aligned with global standards.”
Shrikrishna Gadgil, CEO, MECF, said, “MECF helps the industry in their product development cycle from design to certification, which will support the electronics ecosystem in the region. Our vision is to make the region vibrant with innovation, fostering new products and technologies, and establishing it as a hub for futuristic products and a center of technology excellence. We’re committed to bringing world-class technology and infrastructure closer to grassroots engineering talent. For us, this Design Center by 3D Engineering with Synopsys, as the principal partner is not just an investment in infrastructure, but also an investment in people, capability-building, and future innovation.”
Ajay Deshkar, Managing Partner, 3D Engineering, said, “As a long-standing Ansys Channel Partner, we at 3D Engineering are proud to enable this ecosystem where cutting-edge simulation technology meets local ingenuity. This Design Center is a model for how industry partnerships can meaningfully drive regional innovation and contribute to India’s technological self-reliance.”
Nvidia, Synopsys Expand Strategic Partnership To Accelerate Design And Engineering Tech
- By MT Bureau
- December 02, 2025
Nvidia and Synopsys, Inc. have announced an expanded, strategic partnership to revolutionise design and engineering across industries. The collaboration aims to integrate Nvidia's AI and accelerated computing with Synopsys' engineering solutions to help research and development teams design, simulate and verify intelligent products with greater precision and speed.
Furthermore, Nvidia invested USD 2 billion in Synopsys common stock at a purchase price of USD 414.79 per share as part of the multi-year collaboration. The partnership is targeted at R&D teams across the semiconductor, aerospace, automotive and industrial sectors that face challenges including workflow complexity, development costs and time-to-market pressure.
Jensen Huang, Founder and CEO, Nvidia, said, “CUDA GPU-accelerated computing is revolutionising design – enabling simulation at unprecedented speed and scale, from atoms to transistors, from chips to complete systems, creating fully functional digital twins inside the computer. Our partnership with Synopsys harnesses the power of Nvidia accelerated computing and AI to reimagine engineering and design – empowering engineers to invent the extraordinary products that will shape our future.”
Sassine Ghazi, President and CEO, Synopsys, said, “The complexity and cost of developing next-generation intelligent systems demands engineering solutions with a deeper integration of electronics and physics, accelerated by AI capabilities and compute. No two companies are better positioned to deliver AI-powered, holistic system design solutions than Synopsys and Nvidia. Together we will re-engineer engineering and empower innovators everywhere to more efficiently realise their innovations.”
The multi-year partnership builds on existing collaborations and includes the following initiatives:
- Broad Application Acceleration: Synopsys will accelerate and optimise its portfolio of compute-intensive applications, spanning chip design, physical verification, molecular simulations, electromagnetic analysis and optical simulation, using Nvidia CUDA-X libraries and AI-Physics technologies.
- Agentic AI Engineering: The companies are integrating Synopsys AgentEngineer technology with the Nvidia Agentic AI technology stack – including Nvidia NIM microservices, Nvidia NeMo Agent Toolkit software, and Nvidia Nemotron models – to enable autonomous design capabilities for EDA and simulation and analysis workflows.
- Digital Twins: Collaboration will enable virtual design, testing and validation through the use of accurate digital twins for industries such as semiconductor, robotics, aerospace, and automotive. These solutions will utilise Nvidia Omniverse, Nvidia Cosmos and other technologies.
- Cloud-Ready Solutions: Synopsys and Nvidia plan to enable cloud access for GPU-accelerated engineering solutions.
- Go-to-Market Initiatives: The companies have agreed to develop joint go-to-market initiatives to reach engineering teams across multiple industries with both on-premise and cloud-ready solutions. This effort will utilise Synopsys' global network of sellers and channel partners.
TrinamiX And Aumovio To Showcase Non-Invasive Blood Alcohol Sensor For Vehicles At CES 2026
- By MT Bureau
- December 02, 2025
TrinamiX and Aumovio will demonstrate a non-invasive blood alcohol measurement solution for private and commercial vehicles at CES 2026 in Las Vegas. The technology is designed to enhance road safety and address regulatory demand for driver-monitoring systems. The system enables real-time measurement of blood alcohol concentration by touching a sensor with a fingertip.
The technology uses invisible near-infrared light that interacts with ethanol molecules present in the tissue under the skin. By analysing the reflection of this light, the system’s algorithms based on AI can derive the alcohol content in a person’s blood. The functionality and performance of this technology have been scientifically validated through a clinical study.
TrinamiX provides expertise in spectroscopy and optical sensing, while Aumovio offers know-how in vehicle system design and integration. The system can be configured to meet different market requirements and threshold levels.
The miniaturised NIR spectroscopy sensor offers convenience and features:
- Non-Invasive Convenience: Touch-based, eliminating the need for users to blow into a device.
- Real-Time Readings: Results are delivered in seconds to ensure operational efficiency.
- Seamless Integration in Vehicles: Compact and adaptable for various vehicle positions to encourage user acceptance.
- Automotive System Design and Integration: Provided through partnership with Aumovio.
Wilfried Hermes, Director Consumer Electronics & Automotive EU & NA, TrinamiX, said, “Our NIR spectroscopy technology offers a reliable, user-friendly way to measure blood alcohol levels, redefining driver safety standards. By providing OEMs with a vital tool to meet emerging safety regulations, we’re empowering a safer and more convenient future for all road users.”
Ulrich Luders, Director Strategy & Portfolio, User Experience business unit at Aumovio, said, "The integration of TrinamiX's NIR spectroscopy, for example into vehicle displays, enables innovative safety and health features directly in the car. With this we create new standards for comfort and safety and demonstrate how such technologies can be seamlessly integrated into existing systems."
Omega Seiki Mobility Launches Autonomous Electric Cargo Three-Wheeler
- By MT Bureau
- December 01, 2025
Delhi-NCR-headquartered electric vehicle maker Omega Seiki Mobility (OSM) has launched Swayamgati Cargo, which it claims is India’s first autonomous electric cargo three-wheeler.
Priced at an introductory INR 415,000, the EV brings self-driving technology to the logistics and industrial mobility sector, making autonomous operations accessible and scalable for Indian enterprises.
Swayamgati Cargo is based on the Swayamgati passenger autonomy platform and is purpose-built for campus logistics, industrial parks, airports, SEZs, manufacturing hubs, gated facilities, e-commerce fulfillment centres and smart cities. Bookings for Swayamgati Cargo open today, with deliveries beginning this quarter.
The new vehicle integrates OSM’s EV drivetrain with an AI-driven autonomy stack featuring Lidar, GPS, multi-sensor navigation, AI-based obstacle detection (up to 6 metres), geofenced route mapping and remote fleet management controls. The vehicle requires pre-mapped routes, customisable for each client’s operational environment.
With a payload capacity optimised for intra-campus logistics and a driving range of up to 120 km, the vehicle is designed to streamline repetitive cargo movement, reduce manual labour dependency and enhance operational efficiency in controlled zones. OSM aims to deploy 1,500 autonomous cargo and passenger units within the next 24 months.
Global industry estimates suggest autonomous logistics and low-speed autonomous mobility are expected to be among the fastest-growing segments in the USD 620 billion autonomous vehicle market projected for 2030.
Dr. Uday Narang, Founder & Chairman, Omega Seiki Mobility, said, “After the successful launch of Swayamgati for passenger applications, Swayamgati Cargo is our next major step toward building India’s autonomous mobility ecosystem. Industrial parks, manufacturing hubs, and logistics facilities today demand precision, efficiency, and 24/7 reliability. Autonomous cargo EVs are the future of structured logistics. With this launch, we are proving once again that advanced autonomy can be designed, engineered, and produced in India – at a cost that makes sense for businesses across the country.”
Vivek Dhawan, Chief Strategy Officer, Omega Seiki Mobility, said, “Swayamgati Cargo brings intelligent logistics to the ground level. From material handling to last-mile campus transport, this vehicle eliminates human error, cuts operating costs, and ensures predictable movement. Our vision is clear: to democratize autonomy for India’s industries. With strong demand coming from airports, factories, and tech campuses, we see Swayamgati Cargo becoming a critical part of India’s smart logistics infrastructure.”
The cargo variant is built on the same autonomy platform that recently completed a successful Phase 1 pilot on a 3 km route with multiple stops, real-time obstacle detection and seamless autonomous navigation. The cargo-focused configuration now begins deployment for structured logistics environments under Phase 2 commercial rollout.
Swayamgati Cargo is engineered specifically for India’s dynamic, high-density industrial and commercial traffic patterns. Its structure, intelligent navigation, and zero-emission drivetrain make it an ideal solution for industrial material movement, airport baggage and cargo handling, intra-campus goods distribution, warehousing and factory-to-factory transfer, e-commerce fulfillment centre mobility, and gated community and tech park logistics.
At present, Omega Seiki Mobility has two manufacturing facility in Faridabad and one in Chakan (Pune). The company’s international assembly plant in Dubai (Jafza) caters to markets across Asia and Africa. A nationwide network of over 200 dealerships and service centres ensures maintenance, spares availability and operational support.

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