It was in November last year that Henkel and RLE International had announced their decision to form a strategic ‘mobility alliance’ to drive automotive innovation, expand value creation opportunities and become a premier design-in engineering solution provider for the mobility industry.
The mobility future offers myriad opportunities, and the two organisations saw clear synergies to further their business objectives. It has special relevance for this market, as India is the hub for this alliance.
Six months since that announcement was made, we caught up with three senior executives from the two companies for a detailed understanding of what is in store in the years to come – Shilip Kumar, Country President – India, Henkel Adhesives Technologies India (C); Vijay Machigad, Managing Director, RLE India (L) and PK Verma, Regional Steering Unit Manager – IMEA, Acoustic & Structural, Henkel Adhesives Technologies India (R).
The automotive industry is in a flux, with several regulations – be it to ensure cleaner environment, efficient propulsion or enhanced safety – being closer to implementation. Over the next five years or so, safety and emission norms will continue to get more stringent, crash norms will further evolve, demand for lightweighting will continue to increase, and electronics would become all pervasive. Focussed on bringing solutions to the table, this is an opportune time for Henkel, which has been making investments in these areas for the past few years.
Traditionally, the company has been offering solutions across the three broad areas of adhesives, sealants and functional coatings. With the growth of electronics content in vehicles, the company has now ventured into thermal interface materials (TIM) – the fourth operational area of Henkel’s business. The importance of thermal interface materials would further increase with electric mobility, especially batteries. Henkel has been developing solutions on these four areas to mirror the megatrends in the global automotive industry, and this has resulted in the company’s business doing quite well over the last few years, both globally as well as in India.
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