Q. How do you gauge the industry sentiment against the backdrop of volumes reaching pre-pandemic peaks?
A. The real sentiment that has been coming to the surface is quite strong. After the two pandemic-marred fiscal, to be heading in the pre-pandemic direction hints at a very steady and reverse recovery in demand. Especially, our segment or our sales have seen a quicker recovery. It is really good to see that we haven't seen that kind of demand for a long time. The growth has been solid in our segment where we've grown by -51 per cent in the first eight months of the year for our two brands BMW and Mini. In others, we have grown by -48 per cent. These record numbers that we've seen is an outcome of our operations over the last 15 years. It augured well for the festive season too. This is of course due to a lot of exciting products which have generated excitement. It reflects on our domestic sales that appear robust. If I look at it geographically as well there is a good distinction between tieris, tier2s, and the tier3s. So it's not that only the main metros are growing, it is that all the markets are growing at a really fast pace.
Q. How do you look at the progress made on e-mobility and how have your suppliers supported you in this journey?
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NEW ZF TESTING LAB IN THE UK
ZF has opened a new testing lab in the UK. UK’s first dedicated 800V Test and Validation Laboratory is located at its R&D hub in Solihull.
CUMI RECEIVES TOT FROM DMRL
Carborundum Universal Limited (CUMI) receives Transfer of Technology (ToT) from Defence Metallurgical Research Laboratory (DMRL) to manufacture add-on composite armour for Wheeled Armoured Platform (WhAP) vehicles.
NEOLITE ZKW OPENS NEW PLANT IN PUNE
Neolite ZKW has opened a new eco-friendly manufacturing plant in Pune.
BRIDGING THE SKILL GAP
In an upfront interaction, Marcos Oliveira, President and CEO of lochpe-Maxion S.A. speaks about the upskilling initiative to bridge the skill gap and create a level playing field, with Upendra Kasbekar.
TECHNICAL EMPOWERMENT AT MAXION WHEELS
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
CROSS BORDER SOLUTIONS
In the automotive aftermarket, the push for digitisation has become essential for companies of all sizes seeking a competitive edge in global e-commerce
FRONT-ENGINE MULTIAXLE GARUD
Ashok Leyland has unveiled the Garud, a testament to advancements in bus chassis engineering featuring an innovative architecture and quality aggregates, writes Upendra Kasbekar.
VEERO CHASSIS AND UNDERPINNINGS
Mahindra Veero spotlights chassis innovations and robust underpinnings. The advancement in the underpinning is significant, writes .
POWERTRAINS AND THE EVOLVING AFTERMARKET
The 27th edition of Automechanika Frankfurt got underway, marking the return of the global automotive industry's largest B2B aftermarket trade fair. It underscored the powertrains and the evolving aftermarket,
HIGH PRECISION PRODUCTION
MR Components leverages intelligent automation to produce high-precision gear components monthly, optimising output with unmanned operations. In an upfront conversation, Alessandro Reguzzo, Founder and MD of the company shares the fundamental philosophy with Team
