The sixth edition of ‘Automotive Electronics’ conference, organised by the Confederation of Indian Industry (CII) and its partner IDA Ireland, concluded a successful virtual edition. In an unanimous admission, the automotive industry’s transition to a more electronic and digital future was deemed inevitable. Averred Dr Tapan Sahoo, Executive Vice President (R&D), Maruti Suzuki India Ltd., the growing electronics content in vehicles is driving affordability, safety and efficiency on the whole. Acknowledging the Covid-19 induced hit taken by the automotive industry as a litmus test for India’s aspiration to become an automotive electronics design and manufacture hub in the near future, Dr Sahoo expressed confidence in regaining the lost ground over the medium to long term to be on course. “The industry in the short term will have to overcome volatility, uncertainty, complexity and ambiguity,” he exclaimed. With the electrical and electronics (E/E) market projected to rise from USD 238 billion valuation to USD 469 billion, between 2020 and 2030, Chandra Nataraja, Managing Director, Knorr Bremse Technology Center India Pvt Ltd., expressed the urgency to align with the global average, segment growth.
Emerging trends
This story is from the February 2021 edition of Auto Components India.
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This story is from the February 2021 edition of Auto Components India.
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