Michelin, a leading tyre manufacturer has announced the winners of the Michelin AI Challenge, which it states is the first AI challenge in the sector.

The initiative was launched in collaboration with the Department for Promotion of Industry and Internal Trade (DPIIT), and Startup India, with an aim to foster innovation and entrepreneurship in the Indian AI startup ecosystem while exposing them to global best practices.

The award ceremony took place at IIT Delhi, with the presence of special guests Petros Sourmelis, Minister-Counsellor, Delegation of EU to India and Bhutan; Marie Khater, Deputy Head of the Regional Economic Department for India and South Asia, Embassy of France; Dr. Ambica Rajagopal, Michelin Group's Chief Data and AI Officer, and Shantanu Deshpande, MD, Michelin India.

From the 10 startups presenting their ideas Kogo.ai, Prophecy, and Zangoh.ai were recognised for their innovative contributions, learning opportunities to co-build on strategic projects and receive mentorship. 

The startups were evaluated by a team of Michelin’s AI data scientists, business leaders, product managers and developers. A Memorandum of Understanding (MoU) has already been signed between Michelin and DPIIT, aimed at fostering sustained innovation and entrepreneurship, while creating an enabling environment for startups to thrive.

Dr. Ambica Rajagopal said " The Michelin AI Startup Challenge is designed to identify and support innovative startups to build solutions using AI agents, LLMs, computer vision, and robotics to enhance manufacturing, product quality, road and pedestrian safety, and how to use AI in a responsible, explainable and ethical way. By leveraging LLMs and generative AI, we are not just automating workflows but enabling intelligent agents to discover optimal paths of action through complex choices. These AI systems are now able to generate insights from distributed knowledge, linking structured and unstructured data to build deeper models of customer behaviour. The potential to unlock creativity and innovation has never been greater.”

Shantanu Deshpande said, “At Michelin, our commitment to India is reflected in our decision to establish our AI headquarters in Pune and in our continued partnership with the government through initiatives like the MoU signed with DPIIT. We believe in the power of collaboration, where our global expertise and mentorship, combined with the government's scale and vision, create a win-win scenario. We sincerely extend our gratitude to DPIIT for their invaluable support in making this challenge a success."

Petros Sourmelis stated, “The AI Challenge is a novel initiative of Michelin that aims to expand Data and AI capabilities and bring innovation to the forefront. That it has received more than 200 applications from startups across the country speaks volumes about the interest this program and its themes have generated. I hope this will give a huge spur to industry linked innovation and entrepreneurship in the country.”

Marie Khater said; “The work and activities engaged by Michelin in India embodies the profound and concrete partnership that our two countries have on digital technologies. Not only is Michelin an industrial group, one of the leaders in tyre manufacturing but the company is deeply engaged in innovation and R&D, particularly in the digital space. I am really looking forward to seeing how we can build on existing initiatives from French and Indian companies like this one to find synergies and strengthen our bilateral ties on innovation, notably in the perspective of the Indo-French year of innovation in 2026.”

The Michelin AI Challenge, was a 12-week-long initiative and undertaken in multiple stages which included, outreach, applications, shortlisting and mentorship until September 2024, followed by the grand finale featuring the shortlisted startups.

The challenge saw over 106 startups applying from all over the country; around 60 percent startups from tier 1 cities and tier 2 cities applied, showcasing diverse and innovative AI solutions.

The top ten AI innovators from the AI Startup Challenge presented their projects at the demo day at IIT Delhi. The three winning teams were awarded paid pilot projects from Michelin, with funding of up to INR 500,000 each. Furthermore, these winners will gain access to global contracts and incubation support from Michelin leadership.

DPIIT has been proactively working towards mobilising startups in the manufacturing space, and to provide them with early-stage support necessary for their growth. It is building an initiative to bridge the gap between industry and startups, by supporting with setting-up of incubators and incubation programs led by the industry. The initiative aims to empower manufacturing startups with innovative technologies and sustainable practices, enabling them to become leaders in the global market through incubation supported by the industry.

Comments (0)

ADD COMMENT

Link Copied!

The Indian Rubber Institute (IRI) has confirmed Vijay K Misra as its new Chairman following a formal election. With a distinguished career spanning nearly 50 years in the tyre and rubber sector, Misra possesses extensive expertise in technology, product development, international collaborations and major greenfield projects.

His deep industry connections and proven leadership are anticipated to steer the IRI through its next period of growth and enhanced impact. The Institute also formally acknowledged Misra's pivotal role in founding the Dr D Banerjee Centre of Excellence in Mysuru, a premier hub for advanced training and industry-academia synergy.

Concurrently, sincere appreciation was extended to outgoing Chairman Dr R Mukhopadhyay for his valuable guidance, as he continues to support the Institute in the role of Chairman Emeritus.

Comments (0)

ADD COMMENT

Link Copied!

Sumitomo Rubber Industries, Ltd. has announced that its Board of Directors has approved a forthcoming change to its representative leadership at a meeting on 25 December 2025, pending formal ratification at the Annual General Meeting of Shareholders scheduled for 26 March 2026.

The shift is part of a planned reorganisation of the company’s management framework effective from that date. Under the new structure, current Director and Senior Executive Officer Yasuaki Kuniyasu is slated to be appointed as the new Representative Director, President and CEO. Concurrently, the present President and CEO, Satoru Yamamoto, is expected to transition to the role of Representative Director and Chairperson of the Board.

Yasuaki Kuniyasu, aged 56, began his career with the company in April 1992. His tenure includes significant leadership roles, such as General Manager of the Tyre Technology Headquarters and, from January 2023, General Manager of the Corporate Management Planning & Administration Department. He has served as a Director and Senior Executive Officer since March 2023 and held 8,400 shares in the company as of 30 June 2025.

This planned succession aims to establish a renewed executive team to guide the company forward under its new governance model.

Comments (0)

ADD COMMENT

Link Copied!

Hankook Tire has secured a top-tier ‘A’ rating from the Carbon Disclosure Project (CDP) in Climate Change category for the second year in a row, affirming its status as a global leader in environmental stewardship. The CDP assessment is among the world’s most authoritative benchmarks for corporate sustainability, evaluating governance, emissions reduction and transparency. Hankook’s achievement reflects its comprehensive approach to managing climate impacts throughout its entire value chain, from raw materials to end-of-life tyre management.

This recognition is underpinned by a robust, long-term strategy targeting net-zero emissions by 2050. In 2023, the company’s near-term 2030 goals and its 2050 net-zero ambition were formally validated by the Science Based Targets initiative (SBTi). Governance is central to this progress, with a dedicated Board-level Climate Change Committee ensuring climate risks and opportunities are integrated into core business decisions and that reduction progress is meticulously tracked and disclosed.

Operationally, Hankook is transforming its global production towards sustainable systems. It pioneered the International Sustainability & Carbon Certification (ISCC) PLUS in the tyre industry at its Geumsan Plant in 2021, a milestone since extended to facilities in Hungary and Daejeon. This establishes a certified framework for manufacturing sustainable tyres across consumer, original equipment and motorsport segments.

Complementing these efforts, Hankook is driving material innovation through strategic partnerships. The company is collaborating with firms like ROTOBOOST and Solvay to develop next-generation, low-carbon materials such as turquoise hydrogen-based carbon black and circular silica. It is also engaging in national research consortia to scale promising carbon reduction technologies. These initiatives are part of Hankook’s broader circular economy vision, branded E.Circle, which focuses on reducing fossil fuel dependence, conserving natural resources and systematically cutting carbon emissions.

Hankook’s leadership has garnered significant external validation. It earned the highest environmental accreditation from the Fédération Internationale de l’Automobile and was named one of the World’s Most Sustainable Companies of 2024 by TIME and Statista. Together, these accomplishments demonstrate how Hankook Tire is embedding sustainability into its corporate identity to build long-term value and industry-wide resilience.

Comments (0)

ADD COMMENT

Link Copied!

ULTIMATE GREEN XT tyre has won two awards at the Awards, receiving Sustainable Product of the Year and being Highly Commended in the Innovative Product of the Year category.

The awards were presented last week in Dubai and add to earlier recognition for the product, which received the Best Innovation in Sustainability award at in Chicago earlier this year.

The Sustainable Product of the Year and Innovative Product of the Year categories recognise products that demonstrate environmental responsibility and technological innovation in the global automotive and mobility industry. The judges cited the tyre’s use of environmentally friendly materials and its reduced environmental impact.

The ULTIMATE GREEN XT, identified by its green colour, has been developed with a focus on sustainability while maintaining performance, durability and safety standards. The Sustainable Product of the Year award reflects its contribution to more sustainable mobility solutions, while the innovation commendation highlights its design and engineering approach.

Automechanika Dubai is the largest international trade fair for the automotive aftermarket across the Middle East, Africa and South Asia, bringing together manufacturers, suppliers and industry leaders. Recognition at the event underlines the international profile of the ULTIMATE GREEN XT following its earlier award in the United States.

Barry Guildford, global commercial director of GRI Tires, said, “This recognition at Automechanika Dubai is a proud milestone for GRI. The ULTIMATE GREEN XT reflects our vision of delivering innovative tire solutions that support sustainability while meeting the evolving needs of our customers worldwide.”

GRI said it would continue to invest in research and development aimed at advancing sustainable tyre technologies, following the continued recognition of the ULTIMATE GREEN XT in international markets.

Comments (0)

ADD COMMENT

Link Copied!