The sixth edition of the Taiwan Expo India kicked-off on Wednesday. The three-day long event will be held till tomorrow at the World Trade Centre, Cuff Parade in Mumbai.

The event was virtually inaugurated by James Huang, Chairman of Taiwan External Trade Development Council (TAITRA), while he was present in Taiwan. Themed around the concept of “Together Towards Tomorrow”, TAITRA’s flagship event features 26 brands showcasing 52 latest products spread across four themed pavilions at the physical exhibition, and around 100 exhibitors in the virtual pavilion. The event will also host a series of seminars and webinars on industry relevant topics. Plus, it will conduct over 1000 meetings curated to strengthen business prospects between India and Taiwan.

The expo has garnered the attention of more than 500 Indian businesses with over 500 registrations for B2B online meetings so far this year. At the expo, visitors can experience the technologies and products made by Taiwanese brands in various sectors. One can also visit exhibitors and experience technologies under transportation and auto-components while at the expo. Some of the interesting displays include Yee Jee Technology's tire sealant and Advanced-Connectek’s automobile electronics.

Sharing his views, Dr Guann-Jyh Lee, Deputy Director General, Bureau of Foreign Trade, Ministry of Economic Affairs, said, “Since the launch of the Taiwan Expo in India, we have made important progress among industry corporations, from auto-components to machinery. There has been great contribution by these businesses towards the link between India and Taiwan. The two countries can also experience greater co-operation in the future through digital technologies.”

Adding to this, Gouranglal Das, Director General, India-Taipei Association, asserted, “Today, we are talking about demonstrating opportunities in the smart sector. In the first eight months of this calendar year, we saw the trade figure between India and Taiwan go up 20 percent, on top of the 60 percent growth from last year. This goes to show that businesses and economies are recognising the potential of cooperation. There is still a lot of potential for us to discover each other’s advantages, and we need more B2B engagements. I would encourage more businesses to come to India and see the colourful India I represent today.”

Focusing on India’s potential, Bau-Shuan Ger, Representative, Taipei Economic and Cultural Center in India, cited, “With a young population and strong domestic market, India has been seeking partners to turn its ‘Make-in-India’ policy programme into the number one global semiconductor maker. It is similarly working on other sectors. Taiwan is an ideal candidate to work with India to accelerate cooperation in these fields. Moreover, Taiwanese enterprises have further seen the potential of the Indian market, especially when it comes to investment programmes and incentive schemes, including the promotion of semiconductors.”

Throwing further light on the scheme for semiconductors in India, Anurag Jain, Secretary, Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, Government of India, said, “India’s ‘Make-in-India’ policy is very much steered towards ‘Make-for-the-world’. The latest incentive scheme in India is announced for the semiconductor industry. The global chip shortage has shown the need for a differentiated and diversified chip ecosystem. Taiwan is an unmatched leader in the semiconductor industry. In fact, Vedanta and Foxconn have formed a joint venture to invest $19.5 billion to set up a semiconductor project in Gujarat, India. This is an example of how India and Taiwan can work together in partnership to achieve global high-end technology programmes and supply chains.”

Turning to electric vehicles and auto-components, Deepak Bagla, Managing Director and CEO, Invest India, averred, “We have a special team called Taiwan Plus with our partners at TAITRA. This special team is dedicated to work with each and every investor from Taiwan to handhold through the entire investment journey in India. Today, the special team has been handling over 93 business requests. Most interestingly, these requests are across 17 sectors. One such sector is the electric vehicle sector, which remains one of the primarily fastest growing segments. Besides, we are seeing more traction in terms of auto-components. This shows the increasing depth of the special relationship between Taiwan and India.”

Towards the end of the opening ceremony, Huang addressed the audience saying that India is a keynote between Europe and Asia. “India is a country full of possibilities, where we have seen a continuous trend of companies moving to India to ‘Make-in-India’”, he said and added, “The government has also increased support for smart technology industries, including semiconductors.”

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Versigent has completed its separation from Aptiv PLC and launched as an independent, publicly traded company on the New York Stock Exchange.

The separation was finalised through a tax-free spin-off. Aptiv shareholders of record as of 17 March 2026 received one Versigent share for every three Aptiv shares held.

Versigent operates as a provider of signal, data and power distribution systems. In 2025, the business recorded revenue of USD 8.8 billion, net income of USD 528 million and adjusted EBITDA of USD 893 million.

The company maintains engineering centres on four continents and manufacturing operations in more than 25 countries. Its core business focuses on the design and delivery of low- and high-voltage electrical architectures for various end markets.

Versigent has established a financial target to reach USD 1 billion in free cash flow by 2028. Management expects to expand EBITDA margins by more than 200 basis points over the next three years, supported by revenue growth exceeding 3 percent.

Joseph Liotine, CEO, Versigent, said, “Today marks an important milestone as Versigent begins its next chapter as an independent company built on a century of leadership in advanced power distribution solution systems. As demand grows for greater capability with less complexity, our unmatched combination of engineering expertise, advanced manufacturing excellence, and global scale gives us a distinct advantage. Versigent is purpose-built to amplify our customers’ urgent needs to power smarter, faster, and safer features without compromise.”

Doug Ostermann, CFO, Versigent, added, “Versigent is well positioned to unlock greater value as we enter the public markets. We launch with clear priorities and a strong financial profile, including top-line revenue growth of more than three percent and industry-leading double-digit EBITDA margins that we expect to expand by more than 200 basis points over the next three years. Our business is globally scaled, highly engineered and consistently cash-generative, with a path to $1 billion in free cash flow by 2028. Through a balanced and disciplined capital allocation strategy, we are investing thoughtfully in the business while prioritizing attractive returns for shareholders.”

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Geely Auto Group has announced the formation of Geely Technology Europe (Geely Tech Europe), a unified research and development centre integrating its engineering facilities in Gothenburg, Sweden and Frankfurt, Germany. The hub will serve as a strategic link to the Geely Research Institute (GRI) in China to develop vehicle platforms for international markets.

Geely Tech Europe aims to provide engineering support for the Zeekr, Lynk & Co and Geely brands. A primary operational goal is to reduce the time gap between Chinese and international product launches to less than 6 months. The organisation plans to double its managed European vehicle projects by 2027 to meet global sales targets.

The hub focuses on three technical pillars:

• Architecture Development: Co-creating mechanical and electronic/electrical (E/E) architectures.
• Market Optimisation: Integrating international regulatory requirements and customer needs into vehicle programmes.
• Digital Innovation: Developing software-defined vehicles using Agentic AI, advanced driver-assistance systems (ADAS) and smart cockpits while maintaining European data privacy standards.

The formation of Geely Tech Europe follows the evolution of China Euro Vehicle Technology (CEVT), established in 2013 and the subsequent Zeekr Technology Europe. The combined teams have previously developed the Compact Modular Architecture (CMA), used in over four million vehicles, and the SEA-S platform, which features a 900-volt high-voltage system.

Giovanni Lanfranchi, CEO, Geely Technology Europe, said, “Europe is more than a key market; it is a global benchmark for automotive excellence and demanding customer expectations. To succeed, it is essential to anticipate and incorporate the needs of all regions from the start of development. Establishing Geely Technology Europe creates a genuinely borderless R&D setup -- a strategic edge that allows us to not only meet global standards, but help set them.”

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  - Paul Fijnvandraat March 30, 2026 10:56 AM

  Dear Giovanni, It’s great to see everything coming together under your strong leadership. I’m confident you'll not only meet this target but exceed it. I look forward to continuing our powerful co‑creation partnership with this new structure.

  Reply

American component major Tenneco India is no longer just manufacturing for the domestic market; it is transforming into a high-tech global export hub.

Under the leadership of CEO Arvind Chandra, the company is shifting from a ‘local-for-local’ strategy to a sophisticated ‘India for the World’ mandate that integrates Indian engineering into the global automotive lifecycle.

While current exports sit at approximately 6 percent, Tenneco’s future order book reveals a dramatic shift, with exports accounting for 20 percent of projected growth. This strategy leverages not only India’s competitive labour cost, but also high-quality innovations to bolster the margins of Tenneco’s sister divisions in Europe and the US.

"The addressable market just within Tenneco is huge," Chandra explains, noting that at present 70 percent of exports are currently directed to internal Tenneco entities. To support this, the company is earmarking USD 2 million for FY2026 to expand its R&D capabilities, creating a state-of-the-art centre to attract top-tier talent.

"When you become the export hub for the world, you should also become the R&D export hub," says Chandra.

Disrupting Ride Quality

On the domestic front, Tenneco is betting on ‘premiumisation’ in the passenger vehicle segment to disrupt the market. The company’s patented ‘DaVinci DCX’ suspension technology is at the heart of this push, aiming to bridge the gap between vehicle cost and ride comfort.

Chandra is candid about his goal to challenge the status quo of Indian roads: "My aspiration as CEO is to make sure that we completely disrupt the market. Because the comfort in the mass market passenger vehicle segment has been the same for the last 60-70 years".

Tenneco is also insulating itself against the uncertainty of electrification by remaining powertrain agnostic. Whether the market moves toward EVs, which can increase Tenneco's content per vehicle by over 4x for hybrids, the company remains positioned for growth. By ‘wrapping’ themselves around customer needs rather than protecting rigid revenue streams, Tenneco has secured a dominant 52 percent market share in shock absorbers.

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JSW Motors Limited, the electric and new energy vehicle subsidiary of the JSW Group, has entered into a long-term strategic agreement with Dassault Systèmes. The collaboration centres on transforming how the automaker will design, engineer and build its forthcoming models, with the DELMIA: 3DEXPERIENCE platform serving as the foundational digital framework for its entire lineup of new energy vehicles.

A key focus of the initiative is strengthening domestic capabilities. By merging local production expertise with globally recognised technology, the company aims to establish an automotive ecosystem that sets a new benchmark for India. This dual focus is designed to produce vehicles that meet international quality standards while being specifically calibrated for the domestic market, ultimately bolstering local supply chains and industrial resilience.

To advance this vision, the manufacturer is deploying the 3DEXPERIENCE platform to create a unified Product Lifecycle Management environment that spans design, engineering and validation. This effort is complemented by the integration of a sophisticated Manufacturing Execution System on the same platform, which ensures seamless digital continuity and full traceability from initial concept to final assembly.

Through this integrated approach, the partnership solidifies the company’s readiness to deliver competitive, future-ready vehicles. The unified digital infrastructure not only accelerates product development but also reinforces the organisation’s commitment to building a self-reliant, world-class automotive presence in India.

Ranjan Nayak, CEO, JSW Motors Limited, said, “At JSW Motors, we are building a technology-led future mobility ecosystem which is engineered in India and world class. We are delighted to partner with Dassault Systèmes from France to embed its state-of-the-art, digital platform across the vehicle lifecycle, from design to manufacturing at JSW Motors. We are also in advanced discussions with several additional domestic suppliers to further deepen localisation and strengthen India’s automotive supply chain. By leveraging the best global technologies, we aim to accelerate development timelines while enhancing quality.”

Deepak NG, Managing Director – India, Dassault Systèmes, said, “The Indian automotive industry is at a pivotal inflection point, and JSW Motors is well positioned to lead this transformation. Our 3DEXPERIENCE platform will empower JSW Motors to manage the growing complexity of software-defined vehicles while enabling end-to-end integration across their entire value chain, from design and engineering to manufacturing and lifecycle management. By building virtual twins of their products and processes, we will help drive greater innovation, efficiency and agility, ensuring scalability and sustained competitiveness in a rapidly evolving market.”

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