In an upfront interaction, Marcos Oliveira, President and CEO of Iochpe-Maxion S.A. speaks about the upskilling initiative to bridge the skill gap and create a level playing field, with Upendra Kasbekar. Marcos Oliveira, President and CEO of Iochpe-Maxion Q: What inspired Iochpe-Maxion to introduce the Formare program in India? A: The Formare Program has been a cornerstone of our operations[Read More…]
In an era where the need for skilled labour is more pressing than ever, initiatives focused on upskilling through industry-academia collaboration have become pivotal to national growth, writes Upendra Kasbekar. Industry-academia collaboration has long been the backbone of real world worthy solutions. Iochpe-Maxion which operates 33 manufacturing plants across 14 countries, including three in India produces approximately 50 million wheels[Read More…]
In the automotive aftermarket, the push for digitisation has become essential for companies of all sizes seeking a competitive edge in global e-commerce, writes Ashish Bhatia. WebInterpret, a platform dedicated to expanding businesses’ online reach, was showcased at Automechanika Frankfurt 24 for its role in driving cross-border sales and visibility in the global aftermarket. Through its seamless integration with platforms[Read More…]
The 2024 budget has introduced several changes with significant implications for the automotive ecosystem. Ashish Bhatia looks at the positive aspects and areas that could have been addressed. The automotive ecosystem, encompassing and not limited to vehicle manufacturers, component suppliers, and logistics providers, stands to benefit from several budgetary measures. Taxation and Incentives The budget has streamlined tax structures and[Read More…]
The Vote On Account or the Interim Union Budget 2024-25 gave signs of what’s to come for the auto industry in the Full Budget, writes Ashish Bhatia. The Vote On Account or the interim Union Budget attempted to sustain the momentum from the Union Budget 2023. It surpassed the previous CapEx outlay at 3.3 per cent of the GDP when[Read More…]
The students of Mahindra University Hyderabad developed adaptive V2V chargers using bidirectional converters, and claimed to enhance EV charging flexibility, writes Richa Tyagi. In today’s age, there is an ongoing debate on the usage of fossils and their alleged significant contribution to carbon emissions. With the transportation sector known to be the second largest consumer of fossil fuels, to restore[Read More…]
Automotive electronics, critical to modern vehicle success, face challenges that require innovative solutions like simulation to ensure reliability, safety, and compliance, writes Sudheer Reddy, Sales Director, Ansys Software Pvt. Ltd. The automotive industry is in the middle of a technological revolution driven by quick technological advancements, evolving regulatory requirements, and changing consumer demands. With the growth of Electric Vehicles (EV),[Read More…]
ICRA projects that the capex for EV components could surge. Ashish Bhatia with Riya Yerunkar look at the forces driving the Rs. 25,000 crore surge over the next three to four years. In recent years, India’s automotive industry has undergone significant changes due to government interventions and new compliance regimes. The, heightened consumer awareness, and the ongoing innovations with an[Read More…]
At the 15th Edition of Apollo CV Awards 2024, Kevin Kelly, Director at MarketsandMarkets Research Pvt. Ltd. put the spotlight on new CV business models on the horizon. Ashish Bhatia shares the holistic approach for the industry’s consideration. The 15th edition of the Apollo CV Awards in 2024 not only celebrated the excellence of the Commercial Vehicle (CV) industry but[Read More…]
In 2008, Volvo Group and Eicher Motors embarked on a transformative journey, forming a joint venture named VE Commercial Vehicles Ltd. Their shared ambition was to establish VECV as an industry leader, propelling modernisation in the commercial vehicle industry in India and across the developing world. Eicher Motors, with its illustrious legacy, has consistently been a catalyst for innovation.[Read More…]
