Vijay Sujan, CEO and director, Polyrub CooperStandard (PCS) says the pandemic had many learnings for his company, and that as the world emerges from the scourge of the pandemic, he is putting in place a plan to rejig his company’s priorities, and set it on an even stronger growth path.
Sujan is well aware of the fact that challenges remain but is confident that these can be overcome. Recalling the Covid days, he says that while his company, and the Indian auto sector was in a lockdown, some of his key European customers like BMW were functioning.“We had to manage our export programmes and the customer lines keeping our inventory stocks as per the policy,” he recalls. As Sujan describes it, “We were closed but our customers were open”.
He says he is proud of the fact that the team did a good job even though at the lower levels, team members moved back to the safety of their villages, creating a challenging situation.
However, as a company, PCS had to keep abreast of lockdown regulations even as the challenges kept coming from all sides – container availability and other supply modes. The Pune-based company had to use premium modes of supply which meant a hit to the finances but we ensured that “we kept all our staff, accommodating everyone”.
Set up in 2015 as a JV with US-based Cooper-Standard Automotive, PCS makes fluid transfer solutions (FTS) that control, sense and deliver fluids and vapours for optimal powertrain and HVAC operations. PCS’s customer base includes some of the biggest automotive names such as BMW AG, Fiat Chrysler (now a part of Stellantis) Lander, GM, Tesla, Renault-Nissan, TVS-Motorrad, MG India, and most recently, Volkswagen.
A re-start
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Denne historien er fra 15th June 2022-utgaven av Autocar Professional.
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Spain's Fersa Group invests in India-based Delux Bearings
Besides theRs100 croreinvestment, the Indian company gets access toadvanced technologies and bearings with arange of applications that willhelpinits global growth strategy, writes Manobhava Baruah.
Tata Autocomp to open compact dual-clutch transmission plant
Amidthe country’s growing need for personal mobility with easy manoeuvrability, comes the demand for vehicles with automatic transmission. Tata AutoCompisready tomovein writes Shruti Mishra.
Pankaj Munjal-backed Hero Motors raises equity from GEF Cap
The company willinvest Rs1,500 crore over thenextthree years andit expects 60 percent ofits turnover to come fromelectric vehicle parts. Itaims to becomea Global EV Solutions Company from India
New age thermoplastics for next-generation EV batteries
Saudi-based global materials major SABIChas developed cutting edgein fire-resistant polymers and flame-retardant materials that comply with various EV battery safety standards across the world.
Switch Mobility to meet growing e-bus demand with fresh capex
Oncourse for abillion-dollar business, the company is exploringa possibility of operating satellite factories across the country to serve different geographies, write ShahkarAbidi and Ketan Thakkar.
Kia India to invest Rs 2,000 crore in EVS, to introduce new e-RV in 2025
New investmentto drive R&D, infrastructure development and manufacturing capabilities. The company willlocally produce EVsin India with possibility of exports as well, writes Mayank Dhingra.
"The government has given enough time for indigenisation but the industry has not taken it seriously"
Amitabh Saran, Founder and CEO, Altigreen, shares his views on problems inthe EV industry and battery localisation solutions with Amit Vijay M.
TATA MOTORS SEES ONE INTWO CARS SOLDAS EVS BY 2030
The company aims to offer wider choices withnew EVs that may straddle a pricebracket of Rs20to 40lakhinthe coming years, writes Ketan Thakkar.
MG Motor India in expansion drive, to invest $100 million
The investment willbe usedtoramp up existing production capacity from1.2to1.4-15lakh units per annum atthe automaker's Halol plantin Gujarat, writes Ketan Thakkar.
"Technology and its multiplier effect are driving business transformations and customer experiences"
Technical Centre India is one of Continental’s largest research and development centres in the world, andasa Centre of Competence’ it also develops customised products for the BRIC countries.