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…]
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…]
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…]
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…]
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…]
Lighter and Brighter Stakeholders across the industry are being impacted by the fast changing events across the automotive ecosystem. To prepare for the next decade, automotive companies are working rigorously and trying to meet the 3 basic megatrends: Going green, connected and lighter. They travel in different directions to the same destination of fuel economy, which in turn reduces the[Read More…]
(Un)clear roadmap The verdict on lifting the ban imposed by the Supreme Court on the registration of new diesel cars and SUVs with engine capacities above 2000cc in New Delhi and NCR has brought some cheers to the OEMs. The SC bench in January had rejected a plea by Mercedes Benz, Toyota and Mahindra & Mahindra to lift the interim[Read More…]
