Chennai headquartered Comstar Automotive Technologies Private Limited has won the prestigious Ford Global Supplier Excellence Award in ‘Silver’ category for the supply of starter assemblies. The CEO of the company, Sat Mohan Gupta shares his views with T Murrali on the journey towards this coveted recognition and the way forward. Edited excerpts: Q: Congratulations on getting the Silver Medallion[Read More…]
T Murrali With rising competition coupled with ever increasing operating cost the challenge for any component manufacturer to stay afloat is to contain the cost of manufacturing. This is gaining significance since these issues directly hit the bottom line and may even pave the way for organisations to exit the business. However, options to contain variable costs are falling due[Read More…]
The much awaited Union Budget of the newly-elected government was tabled in the Parliament this morning. Though there was big bang announcement the Budget has attempted to address several issues including some raised by the auto industry. The major announcement is the increasing the FDI limit in insurance and defence from 26% to 49%. As the government has already announced[Read More…]
