Articles by: Bhargav S

We expect clarity on GST and anticipate that laws should not be draconian

V C Sehgal, Chairman, Motherson Sumi Sytems Our business in india contributes 10% of our turnover and we are currently focusing on our existing customers. In the automobile sector, the ‘Make in India’ initiative will help both OEMs and auto components players like us. We expect clarity on GST and anticipate that laws should not be draconian. The policies should[Read More…]

by April 4, 2016 Cover Story, Newscast
Labor reforms, consistency and predictability of tax regulation will take India to the global stage

Labor reforms, consistency and predictability of tax regulation will take India to the global stage

Nitin Chalke, Managing Director, Eaton, India Make In India, in essence, is a much desired program designed to realise the country’s aspiration of becoming a global manufacturing hub. Urging companies – both Indian and multinational – to invest in the country’s high potential manufacturing powerhouse, this initiative holds the potential of taking India on to a global plane as a[Read More…]

by April 4, 2016 Cover Story, Newscast
Make in India – an invigorating move with innate concerns

Make in India – an invigorating move with innate concerns

Tarang Jain, Managing Director, Varroc Group The main objective of Make in India is to increase the GDP of the country as a whole and there is a lot of provisions for tax revenues, the government could gain out of these initiatives. Although the campaign has set off the ground one and half years now, the fruitions are very few[Read More…]

by April 4, 2016 Cover Story, Newscast
Incentivising R&D and proper inverted duty structure required

Incentivising R&D and proper inverted duty structure required

Arvind Balaji, President, ACMA Make in India gives us a big fillip to the direction, the government wants to take. In-line with that we take our theme of make quality and technology in India as quality and technology become the bedrock for the growth of export market. We try to drive all our programs based on that. We have to[Read More…]

by April 4, 2016 Cover Story, Newscast

“Make in India – Going Forward”

Text: Bhargav TS ‘Make in India’ is an ambitious project, launched by Prime Minister Narendra Modi in September 2014, to transform the manufacturing sectors in India by bringing latest technologies to India, creating jobs and increasing the sector’s contribution in gross domestic product (GDP) from 15% now to 25% in next 10 years. The powerful vision of the prime minister[Read More…]

by April 4, 2016 Cover Story
Mahindra MOJO launched in Chennai

Mahindra MOJO launched in Chennai

Mahindra Two Wheelers launched the Mahindra MOJO in Chennai at Rs 171,600 (Ex-showroom Chennai). The flagship motorcycle has set new benchmarks in styling, performance ,and riding quality ever since it hit Indian roads in October last year.   Vinod Sahay, Chief Operating Officer, Mahindra Two Wheelers said, “The MOJO is one of the most exciting products from the Mahindra Two[Read More…]

by April 2, 2016 Newscast, OEM
Auto Component Industry to grow 8-10% in FY’17: ICRA

Auto Component Industry to grow 8-10% in FY’17: ICRA

The Indian auto-component industry to gain momentum and register growth of 8-10% in the next fiscal (FY2017) as per a press release of ICRA.The demand is likely to come from the M&HCV demand which will stay robust but slow down to 13-15% given the increased base of FY2016. Recent ban on diesel vehicle in NCR and additional levy of 1-4%[Read More…]

by April 2, 2016 Newscast
Hitachi, Honda develop prototype of Portable Alcohol Detection Device for vehicle smart keys

Hitachi, Honda develop prototype of Portable Alcohol Detection Device for vehicle smart keys

Hitachi and Honda announced they have developed a prototype of a portable alcohol detector that can be integrated into a smart key. The prototype is tamper-resistant as it can distinguish human breath from alternative gases. This device is capable of distinctively detecting the saturated water vapour from human breath and accurately measures alcohol levels within three seconds. Hitachi and Honda[Read More…]

by April 2, 2016 International, Newscast, OEM

Pioneering Automated and Autonomous Driving: Continental accepts the challenges

“With the help of intelligently connected technology, automated driving is becoming safe and efficient,” explained the Chairman of the Continental Executive Board, Dr. Elmar Degenhart, at the 2016 auto motor und sport conference in Stuttgart. ” We have been supplying hardware in the form of tires, elastomers, electronics, and mechatronics for 145 years. Thanks to the early expansion of our[Read More…]

by April 2, 2016 International, Newscast

ANSYS introduces Pay-Per-Use licensing model for engineering simulation software

Companies around the world now have unprecedented flexibility to solve the toughest engineering and product challenges, thanks to the introduction of ANSYS Elastic Licensing. This new ANSYS pay-per-use licensing model unlocks the world’s broadest portfolio of engineering simulation software – enabling users to optimize license utilization while giving them license flexibility to meet the changing demands of their businesses. Offered[Read More…]

by April 2, 2016 Allied Business, Newscast