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August 2017

August 2017

GLOBAL HUB The Automotive Industry, due to its very nature, has grown in clusters. The clusters have OEMs as hubs or centres of growth surrounded by the suppliers. India’s first and the oldest cluster is South India, which has grown significantly due to the presence of a strong component industry in Chennai. It has attracted several vehicle manufacturers. The Southern[Read More…]

by July 25, 2017 Subscribe
July 2017

July 2017

BRIGHTER PROSPECTS By the time you read this column, the Government of India would have rolled out the Goods and Service Tax (GST). GST is set to be rolled out on July 1, 2017. It is going to be a red letter day in the economic history of India. Automotive industry is among its major beneficiaries. From a combined VAT[Read More…]

by June 27, 2017 Subscribe
June 2017

June 2017

READY TO TAKE-OFF Indian auto component industry was on the radar of the global vehicle manufacturers for its inherent strength, improving quality and other advantages. Now the component industry is cruising at a high speed by manufacturing high-value and critical parts for the global aircraft manufacturers. The Indian private sector aerospace industry is still at a nascent stage as it[Read More…]

by May 30, 2017 Subscribe
May 2017

May 2017

(E)MISSION ACCOMPLISHED Two days before the implementation of BSIV emission norm on April 1, 2017, the Supreme Court banned sale of vehicles that did not comply with it. The vehicle manufacturers were shocked and many of them offered huge discounts to clear inventory. Though the mission is accomplished by enforcing BSIV, the industry suffered a big loss, especially commercial vehicle[Read More…]

by April 28, 2017 Subscribe
April 2017

April 2017

INDUSTRIAL REVOLUTION Industrial manufacturing companies are facing strong demand to increase their productivity by creating smart factories and smart manufacturing sites. The old method of manufacturing is gone and we are in the new era of manufacturing components. The factories of the near future are evolving into “smart factories”, in which networked machines constantly talk to each other. These developments[Read More…]

by March 30, 2017 Subscribe
March 2017

March 2017

NEW BENCHMARK We are in a world where people demand changes. We have realised that changes alone will not be enough in this fast changing world. So we need to do something futuristic, that too when we are completing three years of our active service to the auto components industry. A new step in that direction is the introduction of[Read More…]

by March 7, 2017 Subscribe
February 2017

February 2017

Promising beginning ACI Awards 2017. It is a dream come true for the little over three-year old Auto components India (ACI), your media partner. Though the gap between the announcement for nominations and the closing date for the jury meet was very narrow, we are extremely delighted to say that the beginning was very promising. There were a good number[Read More…]

by February 8, 2017 Subscribe
January 2017

January 2017

Setting benchmark Since a few years, both the organised and unorganised players (independent part dealers and small garages) have made great strides in the automotive aftermarket sector. After the economic slowdown of FY12, and the consequent dip in volume growth of automotive OEMs, the focus has been on growth in the aftermarket as a business imperative to maintain growth and[Read More…]

by January 6, 2017 Subscribe
December 2016

December 2016

Cleansing Effort The demonetisation of the Rs 500 and Rs 1000 notes by the Government of India, aiming mainly at black money and counterfeit notes, is expected to cleanse the formal economic system. In an awfully heterogeneous society as in India the move has several unintended, unforeseen and unplanned consequences. There will be a definite slow down in the economy,[Read More…]

by November 29, 2016 Subscribe
November 2016

November 2016

Testing Times After my recent visit to Europe and China I have realised that the global automotive OEMs and suppliers recognise India as a key market. The Indian automotive landscape is changing in line with the world industry. Fuel efficiency has always been a key factor for the Indian customers. However, of late, emissions and safety have also assumed significance[Read More…]

by November 17, 2016 Subscribe