CLEA(NE)R ROADMAP The Indian automotive industry has much to look forward in the both domestic and export markets for greener vehicles and alternative mobility. There are also challenges ahead of these opportunities, and to capitalise on them, the industry has to develop or acquire technologies and capabilities to produce vehicles that meet the future market needs. The government has much[Read More…]
MISSION SAFETY The production and sales of vehicles in India have grown steadily over the years. Along with that, road accidents have also been on the rise. India has the dubious distinction of having the highest road fatalities in the world. On an average 142,000 lives are lost on roads each year. In order to enhance safety and to reduce[Read More…]
SMOOTH RIDE In the world tyre industry there have been many technological changes from the bias or diagonal ply to the steel-belted radial tyres, tubeless tyres, tyres with low aspect ratios, puncture resistant tyres, etc. Testing standards also evolved accordingly to ensure high performance, mileage, safety, reliability and durability of the tyres. The tyre manufacturers are investing in ‘green tyres’.[Read More…]
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…]
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…]
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…]
(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…]
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…]
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…]
Mumbai, February 22, 2017: A new star – The ACI Award – has risen for the auto component industry in India from the stable of Next Gen Publishing, the publishers of the Auto Components India (ACI) monthly magazine. ACI has been the voice of the auto component industry and the industry’s preferred media choice since 2014. The Award is to[Read More…]
