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In his opening remarks at the Special Plenary Session 1 of 65th SIAM Annual Convention Mr Shenu Agarwal, Vice President, SIAM and Managing Director & CEO, Ashok Leyland Ltd., said, “India’s commercial vehicle sector, the backbone of our economy, is undergoing a profound transformation. Growth in light commercial vehicles and buses is being fueled by the expansion of e-mobility and renewed government focus on strengthening public transport. We are not just moving goods and people, but serving as an engine of our nation’s economic health. The sector is committed to ambitious net zero targets and pioneering a circular economy with rapid deployment of electric buses and commercial vehicles. These steps have already saved thousands of tons of carbon emissions. Challenges remain in infrastructure and financing, but our collective resolve will ensure India not only meets sustainability goals but sets a global benchmark in responsible, innovative mobility.” #SIAM #BTNR #SIAMAC2025 #SustainableMobility

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Industry Update | Leadership Movement in the Automotive Sector Padmini VNA Mechatronics Limited has announced the appointment of Sumeet Bhowmick as its new Chief Human Resources Officer (CHRO). With over two decades of experience in strategic HR leadership, Sumeet has worked with organizations such as Regal Rexnord India, DRiV Incorporated, Federal-Mogul Motorparts, Central Park, Larsen & Toubro, Infinite Computer Solutions, and Laurent & Benon Group. His expertise spans leadership development, talent management, change initiatives, and employee engagement. An alumnus of the Integrated Academy of Management & Technology with a PGDM in HR & Marketing, Sumeet also holds a Bachelor’s in Computer Applications from CMR Group of Institutions. In his new role at Padmini VNA Mechatronics, he will be leading the company’s people strategy, fostering a strong organizational culture, and aligning HR initiatives with the company’s growth in the automotive and electric mobility space. #LeadershipMovement #CHRO #IndustryUpdate #AutomotiveIndustry #HRLeadership #TalentStrategy #PadminiVNAMechatronics #CXOMovement #Leadershiphiring #CXOConnects

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Toyota Kirloskar Motor (TKM), the Indian arm of Toyota Motor Corporation, has closed FY25 with its strongest-ever performance, posting a consolidated net profit of ₹5,672 crore — up 18.5% from ₹4,787 crore in FY24. Surging demand for hybrid models, an expanded retail network, and incremental volumes from Maruti Suzuki India Limited helped Toyota Kirloskar post its highest-ever production and sales figures. Read More: https://lnkd.in/dUCxzAiC

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𝐋𝐞𝐚𝐝𝐞𝐫𝐬𝐡𝐢𝐩 𝐔𝐩𝐝𝐚𝐭𝐞 Hyundai Motor India has appointed Akshay Rakshit as Head of Talent Acquisition & Strategy. With over 15 years of HR experience across leading companies like BMW, Maruti Suzuki, Honda Cars, and Exide Industries, Akshay brings strong expertise in driving talent strategy and workforce transformation. In his new role, he will lead Hyundai’s hiring strategy, employer branding, and workforce innovation as the company continues to strengthen its talent capabilities in India. #leadershipupdate #talentacquisition #hrleadership #workforceinnovation

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Olectra Greentech Limited has announced the appointment of Mahesh Babu as its Managing Director, leveraging his extensive 30+ years of experience in the automotive and electric mobility sectors. Babu’s distinguished career includes leadership roles such as Global CEO at Switch Mobility, Managing Director & CEO at Mahindra Last Mile Mobility, and a long association with Mahindra Group in product development. He began his professional journey at Ashok Leyland, contributing significantly to India’s evolving mobility landscape. Renowned for driving transformative growth, he has championed disruptive technologies and sustainable mobility solutions across both domestic and global markets. In addition to corporate leadership, Babu has actively shaped industry dialogue and policy. He has served as Chairman of the EMG Group at Society of Indian Automobile Manufacturers (SIAM), Confederation of Indian Industry, Co-Chair of FICCI’s Core Group on Sustainable Mobility and Chief Executive officer of India and Global at Switch Mobility. At Olectra Greentech, he will spearhead the company’s strategic roadmap, focusing on scaling innovative, sustainable electric mobility solutions and reinforcing its leadership in India’s clean energy transportation ecosystem. His appointment marks a pivotal step as the company accelerates its role in the fast-growing EV sector. #TradeFlock #LeadershipUpdate #MaheshBabu #OlectraGreentech #ElectricMobility #EVRevolution #CleanEnergy #FutureOfTransport #SustainableMobility #EVIndia #InnovationInMotion

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𝐒𝐨𝐧𝐚 𝐂𝐨𝐦𝐬𝐭𝐚𝐫 𝐌𝐚𝐤𝐞𝐬 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐜 𝐂𝐡𝐢𝐧𝐚 𝐏𝐥𝐚𝐲: $𝟏𝟐𝐌 𝐉𝐨𝐢𝐧𝐭 𝐕𝐞𝐧𝐭𝐮𝐫𝐞 𝐭𝐨 𝐓𝐚𝐩 𝐖𝐨𝐫𝐥𝐝'𝐬 𝐋𝐚𝐫𝐠𝐞𝐬𝐭 𝐄𝐕 𝐌𝐚𝐫𝐤𝐞𝐭 𝐆𝐮𝐫𝐮𝐠𝐫𝐚𝐦-𝐛𝐚𝐬𝐞𝐝 auto component giant SONA BLW PRECISION FORGINGS LIMITED (Sona Comstar) has announced a 𝐬𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐜 𝐣𝐨𝐢𝐧𝐭 𝐯𝐞𝐧𝐭𝐮𝐫𝐞 with 𝐉𝐢𝐧𝐧𝐚𝐢𝐭𝐞 𝐌𝐚𝐜𝐡𝐢𝐧𝐞𝐫𝐲 𝐂𝐨., 𝐋𝐭𝐝 (𝐉𝐍𝐓) to establish 𝐦𝐚𝐧𝐮𝐟𝐚𝐜𝐭𝐮𝐫𝐢𝐧𝐠 𝐨𝐩𝐞𝐫𝐚𝐭𝐢𝐨𝐧𝐬 𝐢𝐧 𝐂𝐡𝐢𝐧𝐚'𝐬 𝐛𝐨𝐨𝐦𝐢𝐧𝐠 𝐞𝐥𝐞𝐜𝐭𝐫𝐢𝐜 𝐯𝐞𝐡𝐢𝐜𝐥𝐞 𝐦𝐚𝐫𝐤𝐞𝐭. Under the agreement, Sona Comstar will invest $𝟏𝟐 𝐦𝐢𝐥𝐥𝐢𝐨𝐧 while JNT contributes $𝟖 𝐦𝐢𝐥𝐥𝐢𝐨𝐧 𝐰𝐨𝐫𝐭𝐡 𝐨𝐟 𝐚𝐬𝐬𝐞𝐭𝐬 𝐚𝐧𝐝 𝐞𝐱𝐢𝐬𝐭𝐢𝐧𝐠 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬, with the new entity focusing on 𝐦𝐚𝐧𝐮𝐟𝐚𝐜𝐭𝐮𝐫𝐢𝐧𝐠 𝐝𝐫𝐢𝐯𝐞𝐥𝐢𝐧𝐞 𝐬𝐲𝐬𝐭𝐞𝐦𝐬 𝐚𝐧𝐝 𝐜𝐨𝐦𝐩𝐨𝐧𝐞𝐧𝐭𝐬 𝐟𝐨𝐫 𝐚𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞 𝐎𝐄𝐌𝐬 𝐢𝐧 𝐂𝐡𝐢𝐧𝐚 𝐚𝐧𝐝 𝐠𝐥𝐨𝐛𝐚𝐥𝐥𝐲. The timing of this expansion aligns perfectly with China's dominance in the global EV landscape. In 2024, China sold 𝟏𝟏 𝐦𝐢𝐥𝐥𝐢𝐨𝐧 𝐞𝐥𝐞𝐜𝐭𝐫𝐢𝐜 𝐯𝐞𝐡𝐢𝐜𝐥𝐞𝐬, 𝐫𝐞𝐩𝐫𝐞𝐬𝐞𝐧𝐭𝐢𝐧𝐠 𝐭𝐰𝐨-𝐭𝐡𝐢𝐫𝐝𝐬 𝐨𝐟 𝐠𝐥𝐨𝐛𝐚𝐥 𝐄𝐕 𝐬𝐚𝐥𝐞𝐬, while Chinese OEMs commanded 𝟕𝟔% 𝐨𝐟 𝐭𝐡𝐞 𝐰𝐨𝐫𝐥𝐝𝐰𝐢𝐝𝐞 𝐄𝐕 𝐦𝐚𝐫𝐤𝐞𝐭 𝐚𝐧𝐝 𝐞𝐱𝐩𝐨𝐫𝐭𝐞𝐝 𝐨𝐯𝐞𝐫 𝟔 𝐦𝐢𝐥𝐥𝐢𝐨𝐧 𝐯𝐞𝐡𝐢𝐜𝐥𝐞𝐬—𝐚 𝐝𝐫𝐚𝐦𝐚𝐭𝐢𝐜 𝐢𝐧𝐜𝐫𝐞𝐚𝐬𝐞 𝐟𝐫𝐨𝐦 𝐣𝐮𝐬𝐭 𝟏 𝐦𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 𝟐𝟎𝟐𝟎. This massive scale and rapid growth make China an irresistible market for component suppliers looking to capitalize on the electric mobility revolution. Sona Comstar's China venture builds on its already strong global position as the 𝐥𝐚𝐫𝐠𝐞𝐬𝐭 𝐬𝐮𝐩𝐩𝐥𝐢𝐞𝐫 𝐨𝐟 𝐝𝐢𝐟𝐟𝐞𝐫𝐞𝐧𝐭𝐢𝐚𝐥 𝐚𝐬𝐬𝐞𝐦𝐛𝐥𝐢𝐞𝐬 𝐟𝐨𝐫 𝐛𝐚𝐭𝐭𝐞𝐫𝐲 𝐞𝐥𝐞𝐜𝐭𝐫𝐢𝐜 𝐯𝐞𝐡𝐢𝐜𝐥𝐞𝐬 𝐢𝐧 𝐍𝐨𝐫𝐭𝐡 𝐀𝐦𝐞𝐫𝐢𝐜𝐚 𝐚𝐧𝐝 𝐚 𝐭𝐨𝐩 𝐬𝐮𝐩𝐩𝐥𝐢𝐞𝐫 𝐢𝐧 𝐄𝐮𝐫𝐨𝐩𝐞. The joint venture, expected to commence operations in the 𝐬𝐞𝐜𝐨𝐧𝐝 𝐡𝐚𝐥𝐟 𝐨𝐟 𝐭𝐡𝐞 𝐜𝐮𝐫𝐫𝐞𝐧𝐭 𝐟𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 𝐲𝐞𝐚𝐫, adds a crucial component to the company's 𝐀𝐬𝐢𝐚𝐧 𝐞𝐱𝐩𝐚𝐧𝐬𝐢𝐨𝐧 𝐬𝐭𝐫𝐚𝐭𝐞𝐠𝐲, 𝐜𝐨𝐦𝐩𝐥𝐞𝐦𝐞𝐧𝐭𝐢𝐧𝐠 𝐢𝐭𝐬 𝐞𝐱𝐢𝐬𝐭𝐢𝐧𝐠 𝐩𝐫𝐞𝐬𝐞𝐧𝐜𝐞 𝐢𝐧 𝐈𝐧𝐝𝐢𝐚, 𝐉𝐚𝐩𝐚𝐧, 𝐚𝐧𝐝 𝐒𝐨𝐮𝐭𝐡 𝐊𝐨𝐫𝐞𝐚 as it positions itself to serve the world's most dynamic EV markets. Vivek Vikram Singh #SonaComstar #ChinaEV #JointVenture #DrivelineSystems #EVComponents #ElectricVehicles #AsianExpansion #AutomotiveSupply #GlobalEV #MakeInIndia #EVManufacturing #AutomotiveIndustry

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Aditya Auto Products & Engineering Private Limited, a leading supplier of auto components was facing challenges with long lead times, missed OEM schedules and rising working capital requirements. In this episode, Mihir Jayaraman, CEO, Aditya Auto and Suresh Seturaman, CFO, Aditya Auto talk about how they moved from a forecast based system to a pull based replenishment system. With this shift they went from chaos to control, their working capital requirements reduced, supplier payments & relations improved, on-time delivery performance improved, all this without any expediting. Listen to this episode to know more about their transformation journey. https://bit.ly/VCG_AAOps #DestressToDeliver #SupplyChain #MangementConsulting #Innovation

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