Continental Inaugurates INR 200 Crore Plant in Pune

Maxxis International GmbH Marks 50th Anniversary with Family-Themed Celebration

Technology company Continental today inaugurated its greenfield plant in Pune, India. The company said in a statement that the plant is for manufacturing surface solutions materials for the Indian automotive and two-wheeler market.  

With investments totalling about INR 2 billion covering facilities and machinery, Continental will produce premium surface materials for car interiors, including electric vehicles, as well as two-wheeler seats, catering primarily to the domestic market and exports, the release said. 

“Growing our business in the Asia-Pacific region is one of our main strategic pillars. Amongst others, India will play a major role to strive for our goal. That’s why we continue to invest into our Indian locations. Thus, we will remain close to our customers maximising value creation,” said Philip Nelles, Member of the Continental Executive Board and Head of Group Sector ContiTech, at the inauguration ceremony in Pune. 

Dr. Dirk Leiss, heading the business area Surface Solutions, said: “Premium vehicle interiors are increasingly becoming important for car users. Our surface material provides both, luxury and comfort, improving the overall driving experience.”  

The new location is Continental’s sixteenth surface solutions plant globally, producing surface materials like Acella Eco used by worldwide top car manufacturers and automotive brands. 

Dr. Leiss added: “Our surface solutions come with the guarantee of state-of-the-art quality and heritage of more than 300 years in the industry.” 

Prashanth Doreswamy, President and CEO, Continental India, said, “Continental has been growing steadily in the Indian market. We have now invested in Pune, a significant and long-established hub for the automotive industry, and we aim to be our customers’ first partner of choice for surface solutions. With this, we reaffirm our commitment to the local market, aligned to our ‘in the market, for the market’ philosophy.” 

The 149,000 square feet manufacturing facility, with an initial annual capacity of five million square meters of surface material can be scaled up to 10 million square meters.  

Landry Tchapda, head of the surface solutions plant management, said, “We are committed to our environment and are doing a lot to ensure that we are constantly reducing our carbon footprint. The new plant features best-in-class energy efficiency standards, sustainable production processes, an ergonomic work environment, 100 percent sewage and wastewater treatment as well, exhaust air treatment of all processes, and use of energy from renewable source.” 

Tchapda added, “With skilled workforce and cutting-edge technology at our disposal, our production is world-class, to cater to the requirements of our customers. In addition to production, storage, logistics, purchasing, and sales, we have also scheduled resources and capacities for laboratories, design and product development. India is a promising market to grow. So, we expand our operations at a rapid pace. Our innovative surface solutions are available for a variety of car interior and two-wheeler applications and we strive to be making us the market leader in near future.” 

The plant will primarily manufacture Acella Eco and Acella Lux material, which add aesthetic value to vehicle interiors. Eco-friendly foam foil Yorn and Yorn Light will also be produced in the near future. (MT)

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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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