Q. What is your broad-based analysis of the industry sentiment?
A. The industry has seen a fair amount of a rather tough period with challenges. We are definitely out of that cycle and have entered an up cycle now. From the time, the regulation on the axle load and before it the liquidity crisis, things were already challenging for the industry. Then came Covid-19. Now we see a revival of the economy and the upcycle forming for the CVs. Having said that, the expectation is that a V-shaped recovery will help the industry go back to a pre-pandemic level. I see it happening slowly in a gradual and organic manner. It's taking its time and for the good in my opinion. It's a far surer way and yes, everything points towards a recovery. All it leaves is the extent of recovery and the pace of it to be debated.
I must add that the recovery is a fractured mandate and various segments, for example, the people movers with the bus segment are back. A segment that suffered the most. If you compare it to the low base of the bus segment in Covid-19, yes it's a V-shaped recovery. The tippers were always doing well. The multi-axles and Medium & Heavy Commercial Vehicles (M&HCVs) are now beginning to come around. It depends on which segment you are looking at, the market you are looking at and so the shape of recovery is different for different segments.
Q. Are there any weak links in the value chain both upstream and downstream and do you see the stakeholders hand holding one another?
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SATISH SHARMA, INDUSTRY VETERAN, ANNOUNCES EARLY RETIREMENT FROM APOLLO TYRES LTD
In a recent exchange filing, Apollo Tyres Ltd. announced a significant development resulting from the Board meeting held on May 14, 2024.
NAVIGATING THE DRIVER DROUGHT - HOW SMART ANALYTICS STEER DRIVER RETENTION IN 2024
DRIVER RETENTION STANDS AS A CRITICAL CHALLENGE FOR FLEET OPERATORS. SUDEEP NAYAK, CO-FOUNDER AND COO OF ZELIOT DELVES INTO HOW ADVANCED ANALYTIC AND TECHNOLOGY ARE TRANSFORMING RETENTION STRATEGIES, DRIVING EFFICIENCY AND SUCCESS IN FLEET MANAGEMENT.
ALLISON TRANSMISSION WIDE-BODY DUMP SERIES
ALLISON TRANSMISSION HAS DEVELOPED THE WIDE-BODY DUMP SERIES FOR HEAVY-DUTY OFF-ROAD APPLICATIONS. ASHISH BHATIA LOOKS AT THE ADVANCED ATTRIBUTES THAT WILL COME INTO PLAY.
BUILDING THE ECOSYSTEM FOR SOPHISTICATED MACHINES
IN AN UPFRONT SESSION, ANTONIO LEITAO, VP OFF-HIGHWAY, ENGINE BUSINESS & EUROPE ABO LEADER AT CUMMINS BELGIUM SPEAKS TO ASHISH BHATIA ON BACKING BOTH LOCAL AND GLOBAL CUSTOMERS FROM INDIA.
CUMMINS' OFF-HIGHWAY PLAY
CUMMINS INC. IS PURSUING HIGHER EFFICIENCIES FOR ITS CEV CUSTOMERS FROM INDIA. ASHISH BHATIA HIGHLIGHTS THE ADVANCEMENT AND CUSTOMER VALUE PROPOSITIONS.
THE IMPACT LINEUP
AT THE ANNUAL CONFERENCE, DAIMLER INDIA COMMERCIAL VEHICLES INTRODUCED THE MY24 BHARATBENZ PORTFOLIO AGAINST THE BACKDROP OF A ROBUST PERFORMANCE, WRITES RICHA TYAGI.
AFFORDABLE MECHANISATION
IN AN INDUSTRY TALK SESSION, JALAJ GUPTA, BUSINESS HEAD-COMMERCIAL VEHICLES AT MAHINDRA & MAHINDRA LTD. DISCUSSED THE FUTURE OF AFFORDABLE MECHANISATION WITH ASHISH BHATIA
UNO MINDA AFTERMARKET PROJECTIONS
UNO MINDA IS READY TO SEIZE THE OPPORTUNITY, CREATING A GREATER PULL FOR ITS PRODUCT PORTFOLIO. IN AN UPFRONT SESSION RAKESH KHER, CHIEF EXECUTIVE OFFICER, THE AFTERMARKET DIVISION AT THE COMPANY SPOKE TO ASHISH BHATIA ON THE CONFIDENT RUN.
ROBUST TRAILER UNDERPINNINGS
BPW TRAILER SYSTEMS INDIA IS CONFIDENT OF ITS GLOBALLY PROVEN AIR-SUSPENSION TECHNOLOGY. IT IS DESIGNED FOR HIGH AXLE LOADS AND SPECIALIST APPLICATIONS, WRITES ASHISH BHATIA.
ON-HIGHWAY AND OFF-HIGHWAY STRATEGIES
MAHINDRA TRUCK AND BUS DIVISION IS DRIVING ITS COMMERCIAL VEHICLE ROADMAP FORWARD WITH WELL-THOUGHT-OUT ON-HIGHWAY AND OFF-HIGHWAY STRATEGIES, WRITES ASHISH BHATIA.