A panel discussion under the theme, ‘Inventing the CV industry’, at the beginning of the Apollo CV Awards 2019 saw the leaders of the CV industry express their thoughts.
Opining that the Government was the boss of the CV industry in response to a question asked by VG Ramakrishnan, Managing Director, Avanteum Advisors, Satish Sharma, President – APMEA, Apollo Tyres, touched upon the fabulous growth the CV industry experienced for the seven months of 2018. Moving on to disruption, he spoke about the axle norms and the liquidity situation. Opining that there was a failure in factoring these changes perhaps, he once again stressed on the Government being the boss. Vinod Sahay, CEO, Mahindra & Mahindra (Truck and Bus Division), in response said that the situation has been challenging. “The CV industry witnessed a good amount of disruption in the last few months, be it the diesel price hike or the financial liquidity strain,” he stated. Expressing that the rise in the base rate has not yet been passed on, Sahay mentioned, “The rising cost pressure faced by the transporters and their inability to pass it on to their clients is causing a strain.” “On the positive side, the GST has played a role,” he added. Stressing on takt time reduction leading to better utilisation of assets, Sahay expressed a need for good demand. Opining that the advantage of state barriers going down is not as effective anymore, he said that the CV industry is a barometer of the economy, and it is facing challenges. Stressing on the point, Sahay averred, “There has been a slowdown in industrial growth, fall in consumption and a lacklustre festive season.” Touching upon axle norms, he commented that it has worked against the transporters in many ways than it has worked in their favour. “The end-customers have deducted the savings by doing a calculation on a spreadsheet,” he added.
Denne historien er fra March 2019-utgaven av Commercial Vehicle.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra March 2019-utgaven av Commercial Vehicle.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
PRAWAAS 4.0 TO SPOTLIGHT THE RESURGENCE IN THE BUS SEGMENT
PRAWAAS 4.0 RETURNS TO SPOTLIGHT THE POST COVID RESURGENCE OF THE BUS SEGMENT WITH MODERN GREENER SOLUTIONS TO MEETING OPERATOR REQUIREMENTS
ONE STOP TBR ZONES
IMAGINE PULLING OVER TO A DEDICATED TYRE ZONE THAT CATERS TO ALL YOUR PURCHASE AND MODERN-DAY AFTERSALES NEEDS. JOIN ASHISH BHATIA AS HE VISITS A PROMINENT ESTABLISHMENT, BRINGING THIS COMPELLING VALUE PROPOSITION TO THE FOREFRONT.
VOLVO TRUCKS ROLLS OUT LNG FOR THE LONG-HAUL
VOLVO TRUCKS INDIA UNDERTOOK AN EXTENSIVE PILOT WITH THE VOLVO FM 420 LNG 4X2 TRACTOR. IT IS NOW READY TO COMMERCIALISE IT AS PART OF A LARGER STRATEGY TO MEET ALTERNATE FUEL REQUIREMENTS
iMAXX OFFERS TANGIBLE BENEFITS
MTBD IS COMMITTED TO ENHANCING TECHNOLOGY, EFFICIENCY, AND CUSTOMER VALUE PROPOSITIONS. UPENDRA KASBEKAR RECENTLY VISITED THE CHAKAN PLANT TO GAIN INSIGHTS.
ADVANCING TRUCK TECHNOLOGY
AT THE ZF GLOBAL TECHNOLOGY DAY 2024, THE TECHNOLOGY SOLUTIONS PROVIDER SPOTLIGHTED ADVANCEMENTS IN TRUCK TECHNOLOGY WITH A MARKET-READY SUITE OF SOLUTIONS
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.
CHASING LOCALISATION
THE CHASE TO LOCALISE IS A GLOBAL PHENOMENON. ASHISH BHATIA GAUGES THE PURSUIT FOR AN EDGE.
LNG POLICY PRICING AND INFRASTRUCTURE
AT THE EIGHTH LNG INDIA SUMMIT 2024, INDUSTRY LEADERS SHARED CRITICAL INSIGHTS ON LNG POLICY, PRICING, AND INFRASTRUCTURE
DÜRR BUILDS THE FIRST EU TAXONOMY-COMPLIANT PAINT SHOP
PAINT SHOPS MUST BECOME \"GREENER\" TO HELP VEHICLE MANUFACTURERS FEEL CERTAIN ABOUT MEETING THEIR AMBITIOUS CLIMATE TARGETS
LUMAX CORNAGLIA BOLSTERS EMISSION COMPLIANCE
LUMAX CORNAGLIA HAS ADDED TO ITS MANUFACTURING FOOTPRINT BY COMMISSIONING A NEW PLANT FOR EMISSION-COMPLIANT PRODUCTS WITH AN EYE ON THE FUTURE