At the Bharat Stage VI (BSVI), it is safe to presume that the Internal Combustion Engine (ICE) is cleaner, greener and more efficient than in the past. Despite the emobility aspirations, Original Equipment Manufacturers (OEMs) continue to refine the ICE to offer their best version yet. These are designed and deemed fit for the vast universe of duty cycles across segments. In effect, it means that the automotive fraternity continues to make a case for its existence. To be fair, the industry must realise the returns on investment made on the transition from BSIV to BSVI. It is also a tried and tested technology with scope for further evolution.
To encourage indigenisation of the ICE like electric drivetrains, the industry will be incentivised. Arun Goel, Secretary, Department of Heavy Industries, Government of India, speaking on the much sought-after the approval of the Production Linked Incentive (PLI) scheme, emphasised on the outlay being aimed at just that. The Rs.25,938 crores for the auto and auto components sector is said to have been finalised in line with the extent of Advanced Automotive Technology (AAT) in the country. At three per cent, AAT in India is at the lower end of the spectrum when compared to 18 per cent globally. He added that AAT, case in point ICE, is a subset of the universe. Compressed Natural Gas (CNG), petrol, diesel and ethanol engine manufacturers, notably, are all eligible for incentives under the scheme, fixed at 18 per cent of the sales.
ICE components
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
RENESAS UNVEILS MULTI-DOMAIN SOC.
Renesas Unveils 5th-Generation Multi-Domain SoC for ADAS, Infotainment and Gateway Systems
BORGWARNER SECURES NEW HVCH PROGRAMS
BorgWarner has secured three significant business wins for its High Voltage Coolant Heater (HVCH) technology, expanding its reach in the Chinese, Korean and Japanese electric vehicle markets.
RESHAPING REALITY
Abhiyantriki, the 26th annual technical fest of K J Somaiya School of Engineering at Somaiya Vidyavihar University, took place at its Mumbai campus under the theme ‘Reshaping Reality’, focusing on futuristic innovations and real-world problemsolving.
CONTINENTAL TIRES INDIA CELEBRATES CONTINUED PREFERRED PARTNER STATUS
Continental Tires India reaffirms its dedication to customer-centric solutions and operational excellence through its sustained partnership with Mercedes-Benz AG.
ACMA IAUTOCONNECT 2024
The Automotive Component Manufacturers Association of India (ACMA), hosted the ninth edition of its premier buyer-seller event, iAutoConnect, at Yashobhoomi in New Delhi.
4TH ACMA AUTOMOTIVE RAW MATERIALS CONCLAVE
The 4th Automotive Raw Materials Conclave focused on automotive innovations and sustainability in nonferrous materials, writes Richa Tyagi.
MOBILITY 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.
SUSTAINABILITY AS STRATEGY
In an Industry Talk session, Satyakam Arya Managing Director and CEO, Daimler India Commercial Vehicles spoke to Ashish Bhatia on integrating sustainability into the overall business strategy.
EMBRACING SHOPFLOOR AUTOMATION
In manufacturing, where precision, efficiency, and cost-effectiveness are paramount, Mahindra Mahindra has embraced shopfloor automation as a cornerstone of its strategy
FREUDENBERG EXPANDS MANUFACTURING FOOTPRINT
Freudenberg opens two state-of-the-art manufacturing plants in Morinda, marking its largest investment in expanding the manufacturing footprint in India, writes Richa Tyagi.