Atlas Copco Tools And Assembly Systems Hosts Innovation Days 2026 At Pune Facility
- By MT Bureau
- May 20, 2026
Atlas Copco Tools and Assembly Systems kicked off Innovation Days 2026 at its Bavdhan, Pune-based Innovation Centre. The three-day event serves as a live industrial showcase, bridging the gap between theoretical next-generation manufacturing and real-world application. Strong participation is anticipated from OEMs, Tier suppliers, industry partners and leaders within the automotive and manufacturing sectors.
The manufacturing landscape is rapidly moving towards connected and intelligent production systems, a shift that Innovation Days 2026 brings to life. Under the banner of adapting global innovation for local mastery, the event focuses on translating advanced worldwide technologies into practical, scalable formats that address specific Indian manufacturing demands.
Rising complexity in manufacturing has increased the need for precision, traceability and smooth processes. The Innovation Centre is designed as an actual factory floor, allowing customers to test and evaluate technologies before committing to installation. Live demonstrations show how connected solutions simplify these operational challenges.

The event’s core ecosystem features tightening solutions, battery torquing tools, virtual controllers, vision dispensing, 2D and 3D vision systems, glass glazing, ISRA glass decking, BIW E-Swirl applications, ToolsNet 8 and ENSO controllers. Automation and screw feeding also take centre stage to boost line productivity. Visitors gain practical insight into applying these tools for quality improvement, operational streamlining and efficiency gains, reinforcing a data-driven shift towards scalable, future-ready production systems.
Chandrashekhar Pathak, General Manager, Industrial Technique, Atlas Copco (India) Pvt Ltd., said, “Manufacturing today is undergoing a fundamental shift towards more connected, intelligent and flexible ecosystems. Innovation Days 2026 are designed to bring this evolution to life through a real-world simulation of how technologies come together on the shopfloor. This platform enables customers to not just explore innovation but experience how these solutions can be practically implemented to enhance precision, productivity and decision-making in their everyday manufacturing operations. This is the 2nd edition after having organised a similar event in 2025. Building on the phenomenal response from our 2025 edition, we are proud to present the second edition of the event. The overwhelming enthusiasm from customers has inspired us to bring this back in 2026 and look towards making it an annual tradition.”
- Honda India Foundation
- Honda Elevate
- Honda Shine 100
- Gulab Chand Kataria
- Gaurav Srivastava
- Rajeev Taneja
- Dr. Amritha Duhan
- Gaurav Agrawal
Honda India Foundation Supplies Emergency Response Vehicles To Udaipur Police
- By MT Bureau
- June 26, 2026
Honda India Foundation (HIF) has provided 26 emergency response vehicles to the Udaipur Police to assist with patrol and mobility across the district.
The handover includes 25 Honda Shine 100 motorcycles, modified with emergency signalling systems, public address equipment, flashlights, storage units and safety gear. Furthermore, it has provided a Honda Elevate C-SUV, also outfitted for police requirements.
The vehicles are intended for use in tourist zones, urban centres and areas where manoeuvrability is necessary for police operations. This follows a previous contribution of 25 vehicles provided in February 2026 to support the Udaipur Police Tourist Patrolling Team.
The flag-off ceremony was attended by officials including Gulab Chand Kataria, Governor of Punjab and Administrator of Chandigarh; Gaurav Agrawal, District Collector; Gaurav Srivastava, Inspector General of Police, Udaipur Range; Dr. Amrita Duhan, Superintendent of Police, Udaipur and Rajeev Taneja, Operating Officer, Honda India Foundation.
Gulab Chand Kataria said, “Udaipur is an important centre of public and tourist activity, and this effort will further strengthen our Police Patrolling Team to support public safety across the district. I appreciate Honda India Foundation for this meaningful contribution. Their continued engagement in such collaborative efforts contributes to strengthening public service delivery at the local level.”
Fleet Management Marks Seafarer Day With New Digital Tool And Advocacy For Civilian Mariners
- By MT Bureau
- June 25, 2026
Fleet Management Limited has marked the International Day of the Seafarer by issuing a renewed call for the global community to acknowledge the often-overlooked civilian professionals who underpin international trade. The maritime services provider simultaneously introduced a new digital tool, named Pulse, aimed at delivering continuous and practical assistance to crew members while at sea.
In light of recent diplomatic efforts to stabilise regions such as the Strait of Hormuz, Fleet Management has voiced its support for multilateral actions designed to address the systemic vulnerabilities faced by merchant mariners. The company has highlighted a persistent pattern where civilian seafarers are disproportionately exposed to geopolitical tensions. The stance aligns with the International Maritime Organization's 2026 theme, which underscores the dual reality of seafarers carrying global trade while shouldering significant operational risks.
Since February, an estimated 20,000 civilian seafarers have navigated volatile maritime zones, with roughly 600 of those individuals under Fleet Management's direct supervision. The firm assesses any resumption of transit on a vessel-by-vessel basis, utilising specific risk matrices to ensure that every manoeuvre is deliberate and grounded in stringent safety standards. Support mechanisms under the Fleet Care programme include 24/7 mental health services and wellness initiatives, while the fleet maintains industry-leading insurance coverage for personnel both on duty and during leave.
The newly launched Pulse application is described as a digital lifeline designed to simplify administrative processes and consolidate essential documents for the company's 27,000 seafarers. Beyond reducing bureaucratic burdens, the platform offers uninterrupted access to critical health resources, ensuring that crew members remain connected to the Fleet Care network regardless of location. This technological advancement represents a significant evolution in the company's strategy to deliver consistent, everyday assistance to its global maritime community.
Complementing these operational enhancements, Fleet Management has initiated global advocacy campaigns this week to increase public awareness of seafarers' contributions. Targeted family outreach programmes have been conducted through crewing offices in India, the Philippines and China, alongside community activities and multi-city public campaigns.
These efforts are reinforced by substantial training investments, with the company issuing over 80,000 certificates annually and training 500 cadets each year at the International Maritime Institute to ensure a resilient and proficient workforce.
Dr Harry Banga, Founder and Executive Chairman of The Caravel Group and Fleet Management Limited, said, "Countries, industries and communities rely on seafarers to keep essential goods flowing. Waterways like the Strait of Hormuz are key arteries of the global economy. When disrupted, the impact is immediate. Costs rise. Supply chains tighten. Today is a reminder that the industry and governments must act decisively to uphold safe and free navigation, so seafarers can sail with confidence."
Captain Rajalingam Subramaniam, Chief Executive Officer of Fleet Management Limited, said, "As a company, and as an industry, we have a responsibility to speak up. Seafarers are civilians who carry responsibility in the face of risk and adversity, in conditions beyond their control. This must not become the new normal. They must be seen, heard and properly protected. We are encouraged by the IMO-led evacuation efforts underway to restore safe transit and hope confidence will soon rebuild."
Angad Banga, Chief Executive Officer of The Caravel Group and Executive Director of Fleet Management Limited, said, "Recognition has to translate into action. Not once a year, but every day. That means understanding the pressures our seafarers operate under and responding with consistent, practical support. At Fleet, this shows up in the decisions we make and the systems we build to support our crews."
- JSW Green Mobility
- JSW Group
- Lithium Urban Technologies
- Eversource Capital
- Parth Jindal
- JSW Cement
- JSW Paints
- JSW Dulux
- Don Thomas
JSW Green Mobility Makes Strategic Investment In Lithium Urban Technologies
- By MT Bureau
- June 25, 2026
Mumbai-headquartered JSW Green Mobility, a wholly-owned subsidiary of JSW Group, has announced a strategic investment in Bengaluru-based Lithium Urban Technologies, an enterprise mobility platform backed by Eversource Capital. This partnership is intended to accelerate Lithium’s expansion across India’s growing electric vehicle (EV) infrastructure and service market.
At present, Lithium Urban Technologies manages an integrated platform that includes over 3,000 electric vehicles, managing more than 25,000 daily trips, and a network of 1,300 charging stations. Fleet intelligence systems and centralised network operations centres serve over 100 enterprise customers.
The company is targeting 3x growth over the next two years. This expansion is expected to generate between 12,000 and 15,000 jobs as the firm scales its charging infrastructure and fleet deployment.
Parth Jindal, Managing Director, JSW Cement & JSW Paints, Chairman, JSW Dulux, said, "India’s mobility landscape is undergoing a structural transformation, driven by rapid urbanisation, electrification and the growing scale of digital commerce. We believe the future will be shaped by integrated, technology-led mobility platforms that can deliver reliability, operational efficiency and scale."
Don Thomas, CEO, Lithium Urban Technologies, added, "The opportunity ahead is not simply to replace vehicles, but to build the infrastructure, operating systems and technology capabilities required to make electrification work at scale."
Porsche Outlines 3 Key Pillars Of ‘Strategy 2035’ At Annual General Meeting
- By MT Bureau
- June 24, 2026
German luxury carmaker Porsche confirmed its financial forecast for the 2026 fiscal year and provided preliminary insights into its new ‘Strategy 2035’ at its 4th Annual General Meeting held on 23 June 2026.
The strategy is designed to enhance profitability and strategic resilience through three primary pillars as outlined by Dr. Michael Leiters, CEO, Porsche, with full details to be presented at a Capital Markets Day on 7 October 2026.
- Brand & Customer: Porsche will refocus on its sports car DNA, design and exclusivity. The strategy shifts away from volume maximisation toward a focus on desirability and value.
- Products & Technology: The company plans to reduce model complexity by cutting the number of variants. Porsche will continue to invest in combustion, hybrid and electric powertrains, noting that the 911 will remain combustion-hybrid and will not move to a fully electric powertrain.
- Company & Operations: Porsche is structurally streamlining its organisation at all levels and investigating increased use of Volkswagen Group modular platforms. Discussions are ongoing regarding workforce adjustments to ensure long-term competitiveness.
Despite a challenging market environment, Porsche confirmed the financial targets for 2026 including 5.5 percent to 7.5 percent (factoring in EUR 800–900 million in one-off expenses and EUR 700 million in tariff costs) operating group return on sales. Group sales revenue to come at EUR 35-36 billion with automotive net cash-flow margin of 3 percent to 5 percent.
Furthermore, the Board of Directors of Porsche have proposed a dividend of EUR 1.00 per ordinary share and EUR 1.01 per preferred share for FY2025. While this payout exceeds the target ratio of 50 percent of consolidated profit after tax, it represents a decrease compared to the previous year, reflecting a move to maintain financial flexibility during the current transformation phase.
Dr. Wolfgang Porsche, Chairman of the Supervisory Board, reaffirmed his backing of CEO Dr. Michael Leiters, emphasising that while the necessary restructuring measures may be ‘uncomfortable,’ but they are essential for the company's future success.

Comments (0)
ADD COMMENT