Hyundai Motor Group and Nvidia are deepening their collaboration to accelerate innovation in autonomous vehicles (AVs), smart factories and robotics with a new AI factory, powered by Nvidia Blackwell AI infrastructure. This partnership shifts focus from strategic software adoption to the co-development of core physical AI technologies.

The two companies plan to enable integrated AI model training, validation and deployment using 50,000 Nvidia Blackwell GPUs. In support of the Korean government’s initiative to build a national physical AI cluster, the collaboration involves an approximately USD 3 billion investment to advance the physical AI landscape in Korea. Key efforts include establishing Hyundai Motor Group’s Physical AI Application Center, the Nvidia AI Technology Center and physical AI data centres in the region.

A Memorandum of Understanding was signed on 31^st October between the Ministry of Science and ICT of the Republic of Korea, Hyundai Motor Group and Nvidia to formalise this collaboration.

Bae Kyung-hoon, Deputy Prime Minister and Minister of Science and ICT of the Republic of Korea, said, "For Korea to leap forward as a leading nation in AI, the advancement of physical AI is essential – a key initiative championed by the Ministry of Science and ICT. This inaugural step in public-private collaboration to foster physical AI is therefore incredibly significant. Korea has a strong foundation in manufacturing. By combining Korea's rich manufacturing data with Nvidia’s cutting-edge AI infrastructure, we expect to build a Win-Win model through collaboration with domestic companies, thereby accelerating innovative AI transformation (AX) in manufacturing across industries."

Euisun Chung, Executive Chair, Hyundai Motor Group, said, “As we enter a new era of AI-powered mobility and smart factory, deepening our collaboration with Nvidia marks a pivotal step forward. Together, we are not only building advanced technologies but also laying the foundation for a robust AI ecosystem in Korea – one that fosters innovation, nurtures talent and positions us at the forefront of global AI leadership.”

Jensen Huang, Founder and CEO, Nvidia, said, "AI will revolutionise every facet of every industry. In transportation alone – from vehicle design and manufacturing to robotics and autonomous driving — Nvidia’s AI and computing platforms are transforming how the world moves. Together with Hyundai Motor Group — Korea’s industrial powerhouse and one of the world’s top mobility solutions providers— we’re building intelligent cars and factories that will shape the future of the multitrillion-dollar mobility industry."

Hyundai Motor Group will use the Nvidia Blackwell-based AI factory to deploy infrastructure that powers innovation across in-vehicle AI, autonomous driving, factory automation and robotics. The group is leveraging three Nvidia AI compute platforms:

• Nvidia DGX platform for large-scale AI model training.
• Nvidia Omniverse and Nvidia Cosmos for creating digital twins of manufacturing environments and testing AV software.
• Nvidia Drive AGX Thor as the AI compute for real-time intelligence in vehicles and robots.

The company will use the Omniverse Enterprise platform to develop factory digital twins to accelerate robot integration, optimise production and enable predictive maintenance. Inside vehicles, Nvidia DRIVE AGX Thor will provide compute power for advanced driver-assistance, next-generation safety features and in-vehicle AI experiences.

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Himadri Speciality Chemical (HSCL), a leading supplier of speciality chemicals and advanced carbon materials, has announced the successful execution of its first liquid coal tar pitch export shipment to the Middle East from its terminal at the New Mangalore Port.

The consignment, totalling 3,600 tonnes of liquid coal tar pitch, was shipped from Himadri’s terminal, confirming the company’s operational capabilities and supply chain resilience in executing high-volume exports to international markets.

This shipment from the western coastline opens a second export corridor for Himadri, alongside its established terminal at Haldia on India’s eastern coast. This development further strengthens the company’s ability to cater to industrial demand across key global regions, particularly the Middle East and the Americas.

Liquid coal tar pitch is a raw material used in aluminium smelting, graphite electrode manufacturing and other high-temperature industrial applications where performance, purity and stability are crucial. The completion of this shipment highlights Himadri’s technical expertise and manufacturing capability to meet the requirements of global heavy industries.

Anurag Choudhary, Chairman & Managing Director and Chief Executive Officer of Himadri Speciality Chemical, said, "This first-ever coal tar pitch shipment from New Mangalore Port to the Middle East is a defining milestone for Himadri and underscores India’s growing presence in the global carbon materials ecosystem. It reflects our capability to deliver large-scale, high-quality exports while reaffirming our steadfast commitment to reliability, consistency and operational excellence. This reflects the confidence global markets have in our products and capabilities. As we continue to expand our international footprint, we remain firmly focused on reinforcing India’s position as a trusted and dependable supplier of advanced carbon materials."

Building on this, Himadri has articulated an expansion strategy, with the objective of becoming a leading player in the global coal tar pitch market. The company will focus its international expansion in the Middle East and the Americas, where demand for carbon materials continues to rise, driven by growth in aluminium production, infrastructure development and energy-intensive industries.

Enhanced capacity planning, strengthened export corridors, diversified port utilisation and a targeted market outreach programme will support this strategy across these regions. Himadri aims to establish itself as a long-term supplier by leveraging its integrated manufacturing capabilities, technical know-how and sustainable production practices. The company said it continues to invest in quality systems, infrastructure optimisation and supply-chain resilience to ensure consistent delivery and scalability.

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The Association of Indian Forging Industry (AIFI), the body representing India’s forging sector, organised a Session on ‘Emerging Technology in Forging’ in Bengaluru. The session brought together industry leaders, technology experts and forging professionals to discuss how innovation, automation and digital transformation are reshaping the future of the forging ecosystem. The event aimed to spotlight opportunities that new-age technologies offer for enhancing operational efficiency, productivity, and sustainability within the sector.

The session began with remarks by Vivek Bansal, Director, Bansal Precision Forge. This was followed by a presentation by Senthil Kumar R, Nasscom Centre of Excellence – IoT & AI, on how Artificial Intelligence (AI), Internet of Things (IoT), and automation are reshaping the forging industry. He highlighted use cases and the relevance of connected manufacturing.

This was followed by a session on ‘Driving Digital Transformation in the Forging Sector’ by Dr. Amit Goyal and Dr. Manju Gupta from BizSol Technologies. Their presentation showed how ERP systems, digital integration and data intelligence are enabling forging companies to transition into the Industry 4.0 era with agility and efficiency.

Ajit Gaikwad, Yeskolube India, spoke on the ‘Importance of Forging Die Lubricant’ and its role in productivity and die life. The presentation by Ramakrishna D, Orb Energy, focused on ‘Powering Indian Enterprise with Solar,’ highlighting how renewable energy adoption is becoming an advantage.

Yash Munot, President of The Association of Indian Forging Industry (AIFI), said, “At AIFI, our priority has always been to empower the forging industry with knowledge, capability, and a clear roadmap for the future. As the sector enters a new phase driven by digital and technological advancement, it is essential that our members understand and adopt these innovations at the right pace. This session reinforces AIFI’s commitment to enabling industry-wide transformation through meaningful collaborations, continuous engagement with technology leaders, and creating platforms that help our members stay globally competitive. We remain focused on strengthening India’s forging ecosystem and ensuring it continues to play a pivotal role in the country’s industrial and economic progress”.

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Vedanta Aluminium, India’s largest producer of aluminium, has announced the expansion of its lithium-ion battery powered electric forklift fleet to comprise 142 units. This expansion, which more than doubles the previous total, supports the company’s commitment to green logistics.

The transition to electric forklifts aligns with Vedanta’s commitment to achieving net-zero carbon emissions by 2050 and the goal of decarbonising its Light Motor Vehicle (LMV) fleet by 2030.

The 142 electric forklifts have been deployed across the company's operations in Odisha and Chhattisgarh. At its Jharsuguda smelter alone, where 116 forklifts operate, the initiative is expected to eliminate approximately 4,450 tonnes of CO2-equivalent greenhouse gas emissions annually and reduce diesel consumption by 1.63 million litres each year. The transition also enhances workplace safety and boosts operational efficiency through faster charging and lower maintenance requirements.

Rajiv Kumar, CEO - Vedanta Aluminium, said, “At Vedanta Aluminium, we view sustainability as more than a commitment, it is a catalyst for transformation. Our expanded electric forklift fleet is a testament to what becomes possible when we invest in technologies that benefit both our operations and our planet. This milestone has not only strengthened our environmental efforts but has also created new pathways for greater inclusion in industry roles that were once considered inaccessible to women.”

The initiative has created new opportunities for inclusive growth, with several forklifts operated by women and transgender professionals, reinforcing the company's commitment to equality. This includes the deployment of India's first 10-tonne capacity electric forklifts at the Jharsuguda smelter operations.

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Skoda Auto Volkswagen India (SAVWIPL), one of the leading passenger vehicle manufacturers, has attained a new production milestone of rolling out its 2 millionth unit in the country.

The milestone marks a pivotal moment in the company’s 25-year history in the country. This achievement follows the Group's strongest commercial performance, with October 2025 being its most successful month since the Group's formation. The total includes over 500,000 vehicles built on the MQB-A0-IN platform, which was developed in India by local engineering teams. This platform supports the Skoda Kushaq, Slavia, Kylaq and the Volkswagen Taigun and Virtus.

The last 500,000 units were produced in just 3.5 years, reflecting demand for India-built products.

Interestingly, Skoda Auto India recorded its highest-ever 10-month performance, more than doubling year-on-year to 61,607 units in 2025. Volkswagen India recorded its highest-ever monthly sales for the Virtus during Diwali, with the model holding over 40 percent share in the premium sedan segment in 40 months.

During the year, the Group’s premium and luxury brands also contributed to its market position:

• Bentley launched Bentley India, an operational division within SAVWIPL, accompanied by new showrooms in Mumbai and Bengaluru.
• Porsche India added over 4,400 customers over the past six years and expanded its footprint to 13 points of sale.
• Audi strengthened India’s EV ecosystem with over 6,500 charging points installed under Phase II of the segment-first Charge My Audi initiative. The Audi Approved: plus segment posted 5 percent growth between January and September 2025.
• Lamborghini delivered its best-ever annual performance in 2024, delivering 113 cars, a 10 percent increase over 2023. The launch of the Temerario in India completes Lamborghini’s hybrid transition in line with its Direzione Cor Tauri strategy.

Piyush Arora, CEO & Managing Director, Skoda Auto Volkswagen India, said, “Every milestone we achieve in India reflects our strong belief in the country’s potential – not just as a market but as a driving force in the future of mobility. The 2-million mark is the outcome of consistent investment in people, technology and local capability. It also speaks to the exceptional trust Indian customers place in our six brands. Indian buyers are among the most informed and discerning in the world. They evaluate every strength and every limitation before choosing a Volkswagen, Škoda, Audi, Porsche, Lamborghini or Bentley, and their confidence strengthens our resolve. This achievement highlights how closely we listen to our customers and how their evolving expectations shape the products we design and build here, with the same quality, precision and trust that define the Group worldwide.”

Going forward, exports will continue to remain a key pillar of the Group’s operations, with more than 700,000 vehicles shipped from India to markets across Latin America, Africa, Southeast Asia and the Middle East, strengthening India’s emergence as an export hub.

The Group operates facilities in Pune and Chhatrapati Sambhaji Nagar. The Pune plant was established with an investment of nearly €600 million to support higher volumes and deeper localisation.

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