- CarDekho Group
- Amit Jain
- Anurag Jain
- Sheikh Mohammed Bin Sultan Bin Khalifa Bin Zayed Al Nahyan
- UAE
- Zigwheels
- OTO
- Carmudi
- Raya Holdings
CarDekho Enters UAE Market In Partnership With Raya Holdings
- by MT Bureau
- February 25, 2025
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CarDekho Group, a leading auto-tech and fintech solutions provider, has marked its entry into the UAE market in partnership with Raya Holdings under the guidance of Sheikh Mohammed Bin Sultan Bin Khalifa Bin Zayed Al Nahyan.
The company aims to replicate its India business model in the UAE market, by providing an integrated ecosystem, encompassing advertising, lead management and digital content solutions to redefine the car-buying experience for UAE consumers.
CarDekho sees immense opportunity in the UAE market driven by tech-savvy consumer base increasingly reliant on digital channels for automotive needs.
Amit Jain, CEO and Co-Founder, CarDekho Group, said, “What started in a Tier 2 city with the aim to empower customers across India, has now transcended borders. This marks a pivotal step in our journey to transform the global automotive ecosystem. Our expansion into the UAE, under the guidance of Sheikh Mohammed Bin Sultan Bin Khalifa Bin Zayed Al Nahyan, is pivotal in replicating our Indian business model internationally. This move also aligns with our commitment to contribute to the UAE’s ‘Vision 2030’ which focuses on sustainable transport and digital transformation. Supported by our teams, partners, and customers, we aspire to set new benchmarks and establish CarDekho as a prominent name in mobility and auto-financial space on a global scale.”
Anurag Jain, COO and Co-Founder, CarDekho Group, added, “Our expansion into the UAE reflects our commitment to harnessing technology to meet the evolving needs of car buyers. From lead management systems to AI-driven consumer insights, we aim for our platform to align with the preferences of UAE customers. By integrating innovation with market understanding, we aim to redefine the car-buying experience, empowering both consumers and businesses with solutions that are as intuitive as they are impactful.”
At present, CarDekho already operates in Southeast Asia under the OTO brand in Indonesia, Carmudi and Zigwheels in the Philippines.
- Delta Electronics India
- Delta
- Cobots
- Ultron IPT Series UPS
- Smart Manufacturing Solutions
Delta Launches D-Bot Series Cobots At ELECRAMA 2025
- by MT Bureau
- February 24, 2025
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Delta, a global leader in power management and a provider of IoT-based smart green solutions, has confirmed its participation in ELECRAMA 2025 under the ‘Smart Manufacturing’ theme with the launch its new D-Bot series Collaborative Robots (cobots) for the Indian market.
With payloads of up to 30 kg and speeds of up to 200 degrees per second, these 6-axis cobots are made to enable sectors with more intelligent and effective manufacturing processes, including electronics assembly, packaging, material handling and even welding. Delta will further demonstrate its dedication to energy saving and the creation of sustainable communities throughout India by introducing its new 240-kW DC Fast EV Charger and the Industrial Power-protect Transformer-based UPS at the event. Visitors will go on a trip with a live display of intelligent infrastructure across the Delta exhibit, which includes data centres, smart energy infrastructure, EV charging, industrial automation, smart building automation systems, ICT infrastructure and other cutting-edge technologies.
Jimmy Yiin, Executive Vice President – Global Business Operations, Delta, said, "India is a key market for Delta, and we are committed to driving its industrial and energy transformation with our advanced solutions. Delta’s strategic investment in the Krishnagiri facility underscores our dedication to local innovation, manufacturing excellence and sustainability. Through this investment, we aim to strengthen India's self-reliance in smart manufacturing and energy infrastructure while contributing to global industry standards."
Benjamin Lin, President, Delta Electronics India, said, "Delta is proud to showcase our innovative smart manufacturing solutions at ELECRAMA 2025. Our focus has always been on delivering solutions that advance industries to become more efficient, sustainable, and resilient. The new solutions we are introducing – from the D-Bot Cobots to the Ultron IPT Series UPS – are designed with these values in mind, and we are committed to driving the transition to smart and sustainable manufacturing across India and beyond."
- Honda Motor Co
- United Nations Road Safety Fund
- UNRSF
- Hideaki Takaishi
- Nneka Henry
- zero fatality
- road fatalities
Honda Partners UNRSF To Reduce Global Road Fatalities
- by MT Bureau
- February 22, 2025
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Japanese auto major Honda Motor Co, has partnered the United Nations Road Safety Fund (UNRSF) to contribute to global initiatives to reduce fatalities from traffic collisions, including a previously announced commitment of USD 3 million over 5 years. The partnership will see Honda combine its know-how and knowledge to promote safe driving/riding practices with the UNRSF. They will support traffic collision analysis and the road safety policies of various countries.
The ultimate goal is to achieve a collision-free society for all road users. Honda stated that it has been pursuing safety initiatives from both hardware and software perspective under its ‘Safety for Everyone’. It aims to achieve zero traffic collision fatalities involving Honda motorcycles and automobiles worldwide by 2050, with a milestone to reduce fatalities by 50 percent by 2030.
Under the new partnership, Honda and UNRSF will focus on two key areas – traffic collision analysis and support for road safety policies. A key focus would be to reduce road fatalities involving two-wheelers especially in emerging countries, which account for a significant portion of worldwide traffic collision fatalities, Honda and UNRSF have made emerging nations, particularly in Asia, as a focus area.
Hideaki Takaishi, General Manager of Safety Planning Division, Corporate Planning Unit, Honda Motor Co, said, “Honda has set a clear safety goal to strive for zero traffic collision fatalities involving Honda motorcycles and automobiles worldwide by 2050. Toward this goal, Honda is continuing its initiatives to enhance safety and reduce traffic collision fatalities worldwide. For many years, Honda has been committed to safety initiatives not only from the hardware perspective such as the development of safety technologies, but also from software perspectives including the promotion of traffic safety awareness among everyone sharing the road. Through our partnership with the UNRSF, we will integrate the knowledge, know-how and network of both parties and strengthen outreach and engagement with various countries with an aim to achieve the milestone of halving worldwide traffic collision fatalities by 2030.”
Nneka Henry, Head of the UN Road Safety Fund, added, “We welcome Honda as the first vehicle manufacturer to join the UNRSF and its governing body. Their contribution through sharing the knowledge and know-how of a mobility company is one of the largest we have received and will help us direct vital resources to high-impact projects that save lives in developing countries. Honda’s leadership sets an important example for the private sector’s role in tackling the global road safety crisis.”
- EY
- Ernst & Young
- EY India
- GenerativeAI
- GenAI
- Vinay Raghunath
Generative AI to Boost Automotive Sector Productivity by 32% by 2030 Says EY India
- by MT Bureau
- February 21, 2025
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The automotive industry which employs over 19 million people in India and contributes 7.1 percent to the country’s Gross Domestic Product (GDP) can further improve productivity through new-age technologies.
As per the latest EY India report titled ‘How much productivity can Generative AI (GenAI) unlock in India? The AIdea of India: 2025,’ the Indian automotive sector see its productivity improve between 30 percent to 32 percent by 2030 through GenAI.
The report highlights that the automotive sector can leverage GenAI's potential right from product development, customer engagement, autonomous driving and also sustainability initiatives.
The industry is already leveraging advanced technologies such as autonomous driving, real-time analytics and AI-driven optimisation. Furthermore, the integration of GenAI will provide additional fillip towards innovation and efficiency across the entire value chain.
The significant gains through GenAI will be in areas such as product development, process optimisation and customer engagement.
The EY India report stated that 33 percent of respondents shared that their organisations are actively investing in GenAI, with budgets either allocated or in the process of being invested. Additionally, 57 percent of respondents have initiated Proof of Concept (POC) initiatives, with 14 percent already moving these POCs into production. Furthermore, AI is showing a substantial impact on customer satisfaction, with its ability to revolutionise customer engagement through personalised and real-time interactions.
Vinay Raghunath, Partner and Automotive Sector Leader at EY-Parthenon, said, “GenAI offers a tremendous opportunity for innovation across the entire automotive value chain and can help unlock new potential across manufacturing processes, customer interactions and aspects related to vehicle autonomy, safety and personalisation. Integrating real-time data processing with autonomous features can reshape personal and public transportation systems. Incorporating GenAI capabilities can help streamline production processes, leading to increased efficiency, reduced waste, and improved product quality. Predictive models can help enhance vehicle reliability and lower repair frequency and associated costs. The industry can leverage GenAI to reshape the future of mobility but will also need to address challenges related to investment, data security concerns, regulatory compliance and workforce training”
The report estimates that GenAI can help improve productivity between 37 percent to 39 percent with AI-powered solutions set to revolutionise customer interactions, improving customer satisfaction and engagement.
For production and assembly, the improvement can be between 35 percent to 37 percent, while automation and predictive maintenance will see improvement between 34 percent to 36 percent.
While there is a tremendous opportunity to gain through the adoption of GenAI, the challenges include investment expenses, data security concerns, regulatory compliance and workforce training.
Representational Image Courtesy: Cottonbro studio/Pexels
- Honda Motor Co
- FIA Road Safety Index
- Fédération Internationale de l'Automobile
- FIA
- Challenge 2030: Achieving the Global Road Safety Goals
- Willem Groenewald
- Hideaki Takaishi
Honda Becomes First Automaker To Get 3 Stars In FIA Road Safety Index
- by MT Bureau
- February 21, 2025
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Japanese auto major Honda claims it has become the first company in the automotive industry to receive the highest ranking of ‘3 stars’, as part of the FIA Road Safety Index. The index was introduced by the FIA to enable businesses and organisations to measure their road safety footprint.
The Fédération Internationale de l'Automobile (FIA) is an international organisation focussing on road safety & traffic circulation and its sports division is the governing body for international motorsport championships and disciplines, including Formula One.
The 3-star recognition was announced on 17 February at the ‘Challenge 2030: Achieving the Global Road Safety Goals’, a concurrent event of the 4th Global Ministerial Conference on Road Safety which was held in Marrakech, Morocco, held from 18 February to 20 February 2025, local time.
The FIA Road Safety (RS) Index tool allows companies to visualise and measure the impact of their operations on road safety and achieve more sustainable road traffic. It enables comprehensive assessment and evaluation of the safety footprint of each organisation based on various factors such as their road safety goals, commitment and the number of road traffic fatalities and injuries across their entire value chain.
The index system contains two ratings: 1. the ‘supply chain rating’ covering a broad range of corporate activities from procuring raw materials, to development and production of products and customer delivery of the products. 2. the ‘product/service rating,’ which evaluates the safety aspects of products/services.
Honda is said to become the first company in the automotive industry to undergo audits for both ratings and received the highest 3 stars ratings in both.
Willem Groenewald, FIA Secretary General for Automobile Mobility, said, “Safety is at the heart of our mission in both motorsport and for the daily road user. Through the FIA Road Safety Index, we help companies measure and improve their impact on road safety. We are pleased to announce that Honda is the first car and motorcycle manufacturer to achieve the Index's highest rating of 3 stars both for its supply chain and safety-related products and services. Honda has demonstrated a strong commitment to fostering a culture of continuous improvement in road safety.”
Hideaki Takaishi, General Manager of Safety Planning Division, Corporate Planning Unit, Honda Motor Co, added, “Honda is honored to have our long-standing safety initiatives recognised through successful completion of the FIA Road Safety Index. For over 50 years, we have focused not only on developing safe motorcycle and automobile products but also on spreading knowledge of safe driving and riding practices among our customers through our awareness-building activities. The FIA Road Safety Index has proven to be a promising tool to objectively evaluate the sincere safety initiatives of Honda. We are expecting that widespread commitment to safety initiatives among more companies and organisations will lead to reduction of traffic collisions around the world.”
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