8th ACMA Atmanirbhar Excellence Awards

8th ACMA Atmanirbhar Excellence Awards

The 8th ACMA Atmanirbhar Excellence Awards and Technology Summit, organised by The Automotive Component Manufacturers Association of India (ACMA), was held recently in Delhi. The event themed on 'Gearing up for Carbon Neutrality and Sustainability,' emphasised the significance of innovation and sustainability in the auto component industry. The event was graced by industry leaders, senior government officials, and experts from around the world. 

In his inaugural address, Sunjay J Kapur, ACMA President and Chairman, Sona Comstar, expressed gratitude towards Prime Minister Narendra Modi for encouraging sustainable development in the country through the 'Panch-amrit' strategy - announced at the COP 26 summit in Glasgow. The strategy aims to establish non-fossil energy capacity, satisfy energy needs with renewable energy, minimise carbon emissions, and attain net-zero emissions by 2070. “As the Indian automotive industry moves forward in 2023 and beyond, it is essential to embrace green and clean technology to remain ecologically relevant. 

He highlighted the need for the auto component industry to be ahead of the curve in adopting new environmentally sound technologies, sustainable manufacturing practices, and business models that minimize carbon footprint while embracing the ethos of a circular economy. 

Distinguished guests from both the Government of India (GoI) and the industry were present at the event, which included notable figures such as Piyush Goyal, Union Minister for Textiles, Commerce and Industry and Consumer Affairs, Food and Public Distribution in the Government of India; Vinod Aggarwal, President of SIAM, and Chairman of the Jury of ACMA Atmanirbhar Excellence Awards, as well as the Managing Director and CEO of VE Commercial Vehicles, and R. Dinesh, the President-Designate of CII, Executive Vice Chairman of TVS Supply Chain Solutions, and Director of TVS Automobile Solutions. 

Extending his warm congratulations to all the winners of the ACMA Atmanirbhar Excellence Awards, Goyal stated that India's future in technology and innovation hinges on investment in R&D and commitment to indigenisation. He highlighted the pivotal role that the auto components industry can play in leading the charge for self-reliance, through increased investment in new technology and design, and by integrating the informal sector to indigenize the value chain.  Underscoring the importance of building a strong defence industry and promoting indigenous manufacturing, as this will enable India to be self-reliant and become a reliable and trusted supplier to the world, Goyal stressed the significance of India emerging as a supplier to the world and commended ACMA's active role in supporting start-ups and smaller businesses to indigenise the entire value chain and integrate them into the mainstream.  

The eminent jury for the Awards included Vinod Aggarwal, President, SIAM and MD & CEO, VE Commercial Vehicles Limited (VECV), Sunil Kakkar, Sr. Executive Officer - Supply chain, Maruti Suzuki India Ltd., Rajesh Uppal, Member Executive Board (HR, IT and Safety), Maruti Suzuki India Ltd., Anandakrishnan, Sr. VP (Purchase), TVS Motors Ltd., Vipin Kaul, Purchasing Leader Cummins India ABO, Cummins India Ltd., Angela Mans, Head of Foreign Trade and International Relations, German Association of the Automotive Industry (VDA), V. Sridhar, Senior Director, Purchase, Honda Motorcycle and Scooter India Pvt Ltd., Ganesh Mani S., President and COO, Ashok Leyland, Sundar, Asst Vice President, Unit Head, HMIL Procurement, Hyundai, Raju Ketkale, Executive Vice President, Toyota Kirloskar Motors Pvt Ltd., B. Srinivas, Executive Vice President-Product Strategy and Purchasing, VE Commercial Vehicles.  

The event concluded with the announcement of 68 auto component manufacturers who were awarded the prestigious ACMA Atmanirbhar Excellence Awards across categories of Excellence in Manufacturing, Sustainable Business, Digitisation, Localisation, and Exports.
 

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    Suzuki Tata Elxsi Offshore Development Center Opens In Pune

    Suzuki-Tata Elxsi Offshore Development Center

    Japanese mobility company Suzuki Motor Corporation and Tata Elxsi, a leading design and technology services company have inaugurated the ‘Suzuki-Tata Elxsi Offshore Development Center’ in Pune, India.

    The facility will focus on driving innovations in advanced engineering for Suzuki Motor Corporation’s future offerings. Tata Elxsi says it will support Suzuki in its green mobility vision by aligning with the OEM’s global focus on sustainable innovation in lightweight design, safety, styling and engineering, eco-friendly materials, and advanced simulations to improve time-to-market.

    Furthermore, the partners will also focus on developing next-generation powertrains (across electric, hybrid and alternate fuels) and software-defined vehicles (SDV).

    Katsuhiro Kato, Chief Technology Officer, Suzuki Motor Corporation, said, “As the industry progresses in Connected, Autonomous, Shared, and Electric technologies, Suzuki must accelerate electronic and virtual development to meet evolving demands. Tata Elxsi’s expertise in advanced computing, simulation, and design digital makes them an ideal partner in bringing forward-thinking solutions to market. This strategic and long-term partnership incorporates Suzuki’s endeavor of minimising energy and enables India’s talent to actively contribute to our development efforts globally.” 

    Manoj Raghavan, MD & CEO, Tata Elxsi, said, “The inauguration of Suzuki-Tata Elxsi Offshore Development Center marks a significant milestone in our partnership with Suzuki and our shared vision for the future of mobility. Tata Elxsi’s design-led, digital-first approach is uniquely positioned to support Suzuki’s energy minimisation and sustainability goals, advancing the future of automotive engineering with precision and responsibility. We are delighted to support Suzuki in this journey towards transformative automotive engineering.”

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      MathWorks, NXP Semiconductors Join Forces To Introduce mode-Based Design Toolbox For BMS

      NXP - MathWorks

      MathWorks, a leading developer of mathematical computing software, and NXP Semiconductors, a leading provider of automotive processing technology have joined forces to introduce Model-Based Design Toolbox (MBDT) for Battery Management Systems (BMS).

      With this, engineers will be able to not only develop models but also validate BMS applications on MATLAB and Simulink. They will also be bale to automate C code generation from MATLAB for NXP Battery Cell controllers, and also support NXP’s software solution, the BMS SDK components. 

      For the unversed, BMS is one of the crucial technology for electric vehicles that ensures optimal performance, durability and safety for the battery packs. The BMS design process the partners state increasingly relies on modelling and simulation to fine-tune algorithms tailored to EVs' specific battery cell types and battery pack configuration. 

      The Model-Based Design provides efficient design of the BMS algorithms, which allows it to be tested in simulation for different scenarios, such as driving habits, environmental conditions, and fault occurrences. 

      Lars Reger, CTO, NXP Semiconductors, said, "We’re excited to collaborate with MathWorks to support automotive engineers in developing the next generation of BMS solutions. Simplifying direct testing with MBDT on NXP processors offers a broad range of benefits, including faster design iterations that allow engineers to identify and fix issues upfront in the design process and reduce time to market.” 

      The MDBT acts as a bridge between theoretical design and practical application.

      Jim Tung, MathWorks Fellow, said, "By enabling engineers to go directly from creating BMS algorithms in Simulink to running them on an NXP processor, we're simplifying and accelerating the development process. The growth of the EV market demands more efficient, reliable, and safer battery systems, and tools like MBDT that streamline and enhance the engineering process will be critical. Reducing development times, facilitating easier testing, and accelerating market entry will be differentiators in this competitive market.”

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        Software as a Service Startup Mushin Innovation Labs Raises $250,000 In Seed Series Round

        Mushin Innovation Labs

        Mushin Innovation Labs, a Software-as-a-Service (SaaS) start-up providing digital solution for the automotive manufacturing industry, has raised USD 250,000 in Seed Series Round led by Inflection Point Ventures. The startup through its Mushin Aqua platform supports Tier 1 and Tier 2 manufacturers to optimise their compliance and improve quality management. This it claims helps to reduce upto 85 percent cost reduction.

        The new funds it intends to deploy towards improving sales and marketing operations, accelerate its R&D efforts, and further innovate its product suite. It also aims to expand its market presence, enhance product offerings, and develop new solutions to meet the ever-evolving needs of the automotive manufacturing sector.

        Interestingly, Mushin Innovation Labs claims it already secured partnership with 15 leading automotive brands and has onboarded 70 factories within two years. It has successfully passed the Maruti Vendor System Audit (VSA) and obtained Letters of Intent (LOIs) from 15 factories. It currently has 14 active deployments and a pipeline of 52 factories. The start-up claims it has received interest from global OEMs such as Volkswagen, Skoda, Volvo, JCB, and Aston Martin. The start-up was founded by Rachit Srivastava (CEO) and Amman Batra (COO).

        The company estimates that the total addressable market (TAM) for Mushin Aqua, is estimated at INR 7,000 billion annually. The serviceable available market (SAM), specifically targeting Tier 1 and Tier 2 manufacturers in India, is valued at INR 450 billion. Based on the company's current capabilities and market focus, the serviceable obtainable market (SOM) stands at INR 45 billion annually.

        Vikram Ramasubramaniam, Partner and CIO, Inflection Point Ventures, said, “The automotive manufacturing industry has stringent compliance standards to follow while minimising costs and maintaining top-notch quality. Many Tier 1 and Tier 2 manufacturers struggle to meet these demands efficiently due to fragmented processes and outdated systems. Mushin Innovation Labs addresses this challenge and streamlines compliance and enhances quality management in an accessible price range, making lives easier for tier 1 and 2 manufacturers. IPV believes Mushin is well-positioned for sustainable growth, making it a right investment choice.”

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          Schaeffler India Social Innovator Fellowship Program Winners Announced

          Schaeffler Social Innovator Winners

          Schaeffler India, a leading motion technology company, in partnership with Buddy4Study Foundation, has announced the winners of its 2024 edition of the Schaeffler India Social Innovator Fellowship Program.

          The initiative under Schaeffler India’s CSR initiative HOPE (Healthcare, Occupational skill development, Preservation of Heritage & Environment and Empowerment of Society) in its third edition recognises and rewards social entrepreneurs for their unique sustainable solutions that has positive impact to the society.

          The programme is open to applicants between the ages of 18 – 35 across different institutions including IITs, IIMs, NITs, non-profit organisations, and early-stage startups, to pitch their ideas and prototype solution across six key categories. These include environmental sustainability, renewable energy, carbon neutrality, circular economy, natural resource management, and application of technology in the social sector.

          The participants undergo rigorous screening, of which 10 projects are shortlisted and receive a grant of INR 150,000 each. The winners were awarded 24-week hybrid mentorship at IIMA Ventures formerly (IIMA-CIIE), a startup incubator founded by the Indian Institute of Management, Ahmedabad. They also get an opportunity to connect with Schaeffler India's network of industry partners, and fellow innovators in the program.

          The initiative which started in July 2024, has received over 276 registrations from over 25 states, including the Northeast, West Bengal, Jammu & Kashmir, and more, with 78 shortlisted applicants for assessment.

          Harsha Kadam, MD and CEO, Schaeffler India, said, “At Schaeffler India, we are dedicated to advancing motion to foster a sustainable, efficient, and resilient world. The remarkable response to this year’s Social Innovator Fellowship Program highlights the potential of India’s youth to be agents of transformative change. Sustainability and innovation are inherently linked, and through this initiative, we are committed to nurturing young innovators who will help shape the future of India, where both people and the planet can thrive.”

          The award ceremony saw attended by Munish Bhatia, Co-Founder, India Accelerator & CEO, Bharat Ventures, and Praveen Bhadada, CXO Advisor and Mentor, along with the Leadership Team of Schaeffler India.

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