Text: Bhargav TS GGB Bearings, a Pune-based bearing company foresees the Indian market and developing products that are needed for future. For many applications the company has already developed future products which can be offered to OEMs and component makers immediately when they start new development. GGB is though new to the market gets identified world-wide as a reliable player.[Read More…]
DC Sharma, Group CFO, Minda Corporation In the automobile industry 100% foreign equity investment is allowed via automatic route along with some relaxations in licensing and approvals for the manufacturing and imports in this sector. Some of the factors which attracts investors include low manufacturing and labor cost, availability of manpower, large and increasing domestic auto markets along with huge[Read More…]
Sunjay Kapur, Chairman, Sona Koyo Steering Systems Make in India campaign pats at the back of all foreign countries to turn back to India for investment reasons. It does not confine its reach to manufacturing sectors alone, but also knocks the doors of all industries. Technical know-how being India’s DNA, the push towards the technology for India is becoming more[Read More…]
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…]
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…]
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…]
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…]
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…]
Text: Bhushan Mhapralkar In-car technology is growing rapidly. It has reached a point where pooled resources may help develop a platform, but its use in the final stages may dictate such amount of customisation, that it is unique to the automotive manufacturer that offers it. Used to the fullest advantage by offering an automobile that is superior or ‘intelligent’ than[Read More…]
Iron pyrite, commonly known as fool’s gold, can produce batteries that charge quickly and work for dozens of cycles. Text: Bhushan Mhapralkar The quantum of electronics in automobiles is growing. Supporting this rise are new age batteries. In case of hybrids and Electric Vehicles (EV) it is the Lithium Ion batteries. Looked upon as superior to the traditional lead acid[Read More…]
