Viewpoint

SuperCFO helps SMEs scale new heights

SuperCFO helps SMEs scale new heights

Several auto components manufacturing SMEs have a high level of systems, processes and automation. “However, there is room for improvement in finance function. There is an opportunity of aligning internal business processes to global standards by driving business decisions with active inputs from the finance function,” Bhairav Kothari, Founder and Managing Director, SuperCFO, told Auto Components India. He said the[Read More…]

by April 10, 2017 Viewpoint
Omnex introduces new automotive standard: IATF 16949:2016

Omnex introduces new automotive standard: IATF 16949:2016

Omnex, an international consulting, training and software development organization headquartered in Michigan, USA and Asia Pacific HQ in Chennai, today announced the formal launch of its IATF 16949:2016 consulting, Training and Software services in India.   IATF 16949:2016 is an upgraded version of ISO/TS 16949:2009, one of the most popular international standard in automotive industry by the International Automotive Task[Read More…]

by September 23, 2016 Allied Industries, Market Place, MSME, News, OEM, Viewpoint

Proposed vehicle modernisation program along with ban on old diesel vehicles would support new vehicle sales: ICRA

With major cities in India struggling with severe air-quality problems, steps are being initiated to curb rising vehicular pollutants. The National Green Tribunal (NGT) has recently directed Delhi’s Regional Transport Office to de-register all diesel vehicles older than 15 years and gradually phase-out vehicles over 10 years in the Delhi-NCR region. In addition, the Government of India has also started[Read More…]

by July 29, 2016 News, OEM, Viewpoint, Web Exclusive
Change Mindset

Change Mindset

Industrial Production during the April-August period of 2014-15 grew at 2.8% as against flat production in the corresponding period of the previous fiscal. According to the industrial production data, manufacturing that constitutes over 75% of the index contracted by 1.4% in August, compared to 0.2% decline in output a year ago. For April-August, it grew at 1.8%, compared to 0.1%[Read More…]

by December 1, 2014 Viewpoint, Web Exclusive
Focus, Specialise

Focus, Specialise

The auto industry is upbeat about the road ahead, thanks to the emerging positive sentiments, pull from festive seasons and, last but not least, increasing proactive support from the government. There is a clear sense of involvement and commitment from the government and this is evident in more ways than one. At the Annual Convention of Automotive Components Manufacturers Association[Read More…]

by October 29, 2014 Viewpoint
Diligent Opportunities

Diligent Opportunities

In his maiden speech at the Red Fort on Independence Day, Prime Minister Narendra Modi threw out significant and motivational bait to his audience, ‘Make in India, and sell anywhere in the world.’ It was his attempt to urge global investors to look at India as a manufacturing base as the country possesses skill, talent, discipline and determination. This is[Read More…]

by October 29, 2014 Viewpoint
Diligent Opportunities

Diligent Opportunities

In his maiden speech at the Red Fort on Independence Day, Prime Minister Narendra Modi threw out significant and motivational bait to his audience, ‘Make in India, and sell anywhere in the world.’ It was his attempt to urge global investors to look at India as a manufacturing base as the country possesses skill, talent, discipline and determination. This is to some extent happening in the[Read More…]

by October 7, 2014 Viewpoint
Challenges Continue . .

Challenges Continue . .

Dust generated by deliberations on the Union Budget has settled down more than a month ago. However, it warrants a mention now since the Budget was pragmatic with adequate focus on development of the manufacturing industry, especially the micro, small and medium enterprises, though bereft of any big announcement. Extension of 15% allowance to companies investing more than Rs 25 crore in new plant and machinery will certainly help[Read More…]

by August 7, 2014 Viewpoint
Calibrated Approach

Calibrated Approach

At its monetary policy review early last month the Reserve Bank of India kept the key rates unchanged and cut the Statutory Liquidity Ratio (SLR) by 50 basis points. Cutting SLR can boost morale and build confidence, infusing additional funds in the banking system, eventually offering a little more freedom for banks to expand credit to non-governmental sectors. The apex bank has maintained the repo rate at 8%[Read More…]

by August 7, 2014 Viewpoint
Great Expectations!

Great Expectations!

After nearly three decades, the country has given one party a clear and strong mandate to govern. Political pundits view this as a harbinger of real change in every aspect of administration. No sooner were the elections announced, did sentiment pep up the bourses, signified by the gradual rise of the rupee. The rupee strengthened against the USD to Rs 58.52 when trading closed on 23rd May against[Read More…]

by August 7, 2014 Viewpoint