It has been over four years since the COVID-19 pandemic caused significant changes in shopfloors and manufacturing processes. As a result of supply-chain bottlenecks, concepts such as ‘Just-In-Case’ have been adopted instead of the ‘Just-In-Time’ approach from the previous benchmark. Manufacturers have invested in automation to increase production volumes without compromising quality and to reduce dependencies. Decentralisation of procurement hubs and building a diverse vendor base with the plus one strategy has been a priority. Due to increasing protectionism, some manufacturers are reconsidering localisation levels in the age of contractual manufacturing and outsourcing.
TIER SUPPLIERS GLOBALLY
India is banking on the PLI scheme for Advanced Automotive Technology (AAT), with a budgetary outlay of Rs. 25,938 crore for five years (FY2022-23 to FY2026-27). This is expected to enable the creation of domestic as well as global supply chains. The National Programme on Advanced Chemistry Cell (ACC) Battery storage was approved by the Union Cabinet on 12.05.2021 and is known to have a budgetary outlay of Rs. 18,100 crore. It is expected to strengthen the ecosystem for electric mobility and battery storage in the country. The scheme envisages enhancing India’s manufacturing capabilities of ACC by setting up of Giga scale ACC and battery manufacturing facilities in India with emphasis on maximum domestic value addition to promoting the ‘Make in India’ initiative.
In April, Luman Auto’s new Pantnagar plant in friction product manufacturing like brake pads and brake liners is claimed to be a validated facility sourced from global globally respected suppliers.
Esta historia es de la edición July 2024 de Commercial Vehicle.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición July 2024 de Commercial Vehicle.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor? Conectar
Tesla Robotaxi plans face scrutiny
Tesla’s investors are set to question CEO Elon Musk on the company’s robotaxi plans during its quarterly earnings report, after a hyped reveal without key details led to a dip in shares.
Open Telematics software
Cummins has partnered with Bosch Global Software and KPIT to launch Eclipse CANought, an open-source project for commercial vehicle telematics under the Eclipse Software Defined Vehicle initiative.
SML Isuzu Annual Dealer Conference 2024
From 13th to 17th September 2024, SML Isuzu Ltd hosted its Annual Dealer Conference in Dubai. The event brought together 70 pan-India domestic and Internal dealers, creating a platform for strategic discussions and unveiling the Annual Operating Plan (AOP).
District Version of PMGatiShakti National Master Plan for 27 aspirational districts
Union Minister of Commerce and Industry, Piyush Goyal, launched the district version of the PM GatiShakti National Master Plan for 27 aspirational districts, marking the third anniversary of the PM GatiShakti initiative.
The Best Of Automechanika Frankfurt 24
The 27th edition of Automechanika Frankfurt got underway, marking the return of the largest B2B aftermarket trade fair for the global automotive industry, writes Ashish Bhatia.
64th SIAM Annual Convention
The 64th SIAM Annual Convention focused on mobility strategies for advancing the industry. The eyes are on a sustainable future by 2047, writes Richa Tyagi.
Commercial Playsets
Even as the Indian automobile industry touches new heights and innovations, it is the commercial mobility play sets that continue to be a major draw. It is a good starting point for the next generation, writes Prajakta Chavan Rane from her plant sojourn.
Transforming India's Roads - The Urgent Need For Commercial Vehicle
The CV sector, a cornerstone of India's economy plays a pivotal role in driving growth and serving as the backbone of the logistics industry, writes Chidambaram Balaji, Regional Product Line Leader (India) Chassis Control, ZF India.
NAGPUR-MUMBAI SAMRUDDHI EXPRESSWAY FOR TRANSPORTERS
The Nagpur-Mumbai Samruddhi Expressway, a transformative project in Maharashtra, promises to enhance connectivity and spur economic growth. Upendra Kasbekar checks the on ground progress.
Elevating Customer Value Proposition
Guru Ram Das Body Builders has significantly evolved to enhance the customer value proposition. It has adeptly adjusted to the changing commercial vehicle market, writes Ashish Bhatia.
