The Automotive Component
Manufacturers Association (ACMA), the apex body representing the Indian auto
component Industry organised the New Delhi Automotive Summit 2016 on the theme
“Make Quality & Technology in India” in the backdrop of the ‘Make in India’
campaign at New Delhi, alongside the 13th Auto Expo Components Show, which is
celebrating its 30th Anniversary.
The summit witnessed
participation from several leading global and domestic automotive leaders such
as Ramesh Mangaleswaran, Director, McKinsey & Company, Inc., Jayant Davar,
Past President, ACMA & Co-Chairman & Managing Director, Sandhar
Technologies Ltd, Srivats Ram, Past President & Chairman-ACT & Finance
Committee, ACMA & Managing Director, Wheels India Ltd, Manoj Solanki,
Purchasing Leader-India ABO, Cummins India Ltd., P. Kaniappan, Managing
Director, Wabco India Ltd., Ashok K. Taneja, Past President & Chairman-KP
Engagements & OEM Interface Committee, ACMA & Managing Director &
CEO, Shriram Pistons & Rings Ltd., C. V. Raman, Executive Officer –
Engineering, Maruti Suzuki India Ltd., Abraham Joseph, Chief Technology
Officer, Bajaj Auto Ltd., Dr. Tim Leverton, Head Advanced & Product
Engineering CVBU Pune, Tata Motors Ltd., Dr. S K Shivakumar, Prof. Vikram
Sarabhai Professor & Former Director, Indian Space Research Organisation
(ISRO), Rita Teaotia, Secretary, Department of Commerce, Ministry of Commerce
and Industry, Government of India and others.
Anant Geete, Minister of Heavy Industries and Public
Enterprises of India said, “I want to instil confidence in the industry and
reiterate the fact that our Ministry will contribute and do whatever it takes
for fighting the challenges faced by the Indian Automotive Industry to ensure
its desired growth. We have a mammoth challenge and an opportunity too, in form
of scaling up to BS-VI by 2020. I am happy to see that the components industry
is already ready to adapt to the technology being demanded for. To further fuel
this zeal, I would strongly urge the Finance Ministry to introduce a Technology
Fund in this year’s budget. I truly endorse the theme of the New Delhi
Automotive Summit - Make Quality & Technology in India which is imperative
for the true success of the Make in India Campaign.”
On the occasion Arvind Balaji,
President, ACMA said, “Globally, the auto component industry is a strong USD
1.75 trillion industry with USD 500 billion as its contribution in
value-addition; last year top-100 component manufacturers invested close to USD
50 billion in R&D. Moreover, in the last one-decade, 50pc of total
innovations in the automotive sector were co-developed by the auto component
sector. Clearly the auto component industry is the engine of growth and
development not only for the automotive nations but also for the global
“While today, the Indian Auto
Component sector contributes 3.8% to the national GDP, and is a USD 38.5
billion industry, with exports worth USD 11.2 billion”, added Balaji
Addressing the audience, Deep
Kapuria, Past President & Chairman, Globalisation Committee, ACMA &
Chairman, The Hi-Tech Group, “The Automotive Mission Plan 2026 envisions the
Indian Automotive Industry ranking among top 3 in the world, contributing to
over 12% of India’s GDP and providing for an additional 65 million jobs. To
achieve this grand vision and to be ably support the vehicle industry, it is
imperative for our component industry to enhance and augment the existing
ecosystem by building higher value added capabilities. Globally, the industry
is undergoing transformation, which will require us to develop capabilities for
in-house design, harness frugal engineering and create product differentiation
through innovation and move towards zero defect quality. To ensure a robust
automotive manufacturing value chain, we need to create an ecosphere wherein
each member will have to contribute in creating technology that makes us
Dr. Pawan Goenka, Past
President, SIAM & ED & President (Automotive Sector) Mahindra &
Mahindra Ltd. said, “Technological Excellence is very important to have a place
in the global automotive industry. Our focus should be on developing Tooling
Quality & Engineering Quality. We also need to work towards building our
‘Quality’ brand because in today’s world Perception is Reality. It is important
to move towards developing capabilities to an extent that we can design,
develop and validate a car on a turnkey basis in India. The day is not far when
the Indian Automotive Industry will have arrived on the technology front. Today,
Airbags and ABS are being offered as an option in base variants of cars, the
industry is progressing further and will soon make these technologies more
affordable. With the component industry all set to be BS VI compliant, I am
confident that the OEMs will be able to reduce the huge import costs while
making vehicles, which are compliant to BS VI as compared to today’s costs for
delivering a BS IV vehicle. With this achievement, the year 2020 will mark a
true success of the Make in India campaign.
Speaking about the Indian
Automotive Industry, Prof. Shoji Shiba, International Expert – Total Quality
Management & Breakthrough Management said, “The progress of the automotive
industry of any country represents the development of its people. The Indian Automotive
Industry has drastically improved its competitiveness in the last 10 years. I
would also like to appreciate the industry’s efforts in improving Operational
Excellence while delivering world-class products. India now needs a new
direction for Excellence. It is important to sustain the already gained
momentum in Operational Excellence and move to focussing on Market Excellence.
The industry can only achieve these by having a perfect flow of operations and
rigorous focus on integration while implementing an effective business
strategy. The industry now needs to envision in order to scale up the
technology graph to match with the quality graph.”
The summit also witnessed an
in-depth presentation by Ramesh Mangaleswaran, Director, McKinsey &
Company, Inc. on Automotive Sector in India: Trends and Path Ahead. The
presentation highlighted key trends of Electrification, Emissions, Safety,
Connectivity & Convenience, Autonomous Driving, Advanced Manufacturing
& Advanced Materials. It further suggested imperatives for the industry to
succeed – Making winning portfolio choices across Product, Marketing &
Technology; Continue to master the essentials of Cost, Quality & Delivery;
Innovate and Re-invent offerings, Business Models & the organisation if needed.
The presentation also highlighted important facts like 1.8 Million recalls in
India since 2012, which was also endorsed by Pawan Goenka while stating the
importance of focus on ‘Quality’. Quality needs to be embedded by any
organisation into the operating systems, management systems and most
importantly people systems with a deep focus on Culture.
One of the key highlights of
the discussion was the Indian Government’s ‘Make in India’ campaign resulting
in defence modernization plans and enhanced focus on the aerospace sector.
These possible diversification areas are poised to result in immense business
opportunity for the Indian Automotive Components Industry.
The New Delhi Automotive
Summit 2016 concluded with the various action points which will harness new synergies
for the growth of the auto components sector in India.
Celebrating its 120th Anniversary, Royal Enfield announced the launch of a new range of limited edition helmets earlier this week. The limited range will consist of hand painted helmets designed by ar...
Sony India has introduced the new XAV-AX8100 in-car media receiver, offering new utility features, powerful sound and smart features.
ExxonMobil Lubricants Pvt Ltd launched its upgraded Mobil Super Moto range of engine oils to make it easier for people to maintain their two-wheelers in top condition. The launch comes at a time when...
In an exclusive interview, Uday Narang, Chairman, Anglian Omega Group & Omega Seiki Mobility
talks about his company plans to enter the two and four wheeler electric vehicle space.
Motown India speaks to Woosuk Leem, Managing Director, AS Parts Division, Mobis India to get more details about the Hyundai Mobility Membership App and its advantages.
Vishal Mathur, Senior Vice President, LMD Truck Business – VECV elaborates upon VECV’s Light & Medium Duty (LMD) business in India, the company’s product offering and the several advantages offered by...