Automotive Products Finder - October 2018
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Indian automotive market is slated to become the third largest automotive market in the world after China and the US with a big portion of the growth coming from the A and B segments. Thus, there will be a strong demand for lowering the cost of upscale and luxury technologies such as soft touch and smart surfaces in auto interiors. APF Oct 2018 "Cover Story" explores the world of auto interiors as shared mobility and electric vehicles gain importance. Fortunes of metalworking sector are closely linked to automotive industry's performance as auto and auto components industry reportedly account for 60 per cent of the machine tools consumption in India. Auto component manufacturers are increasingly demanding machine tools with improved technology, better accuracy, low maintenance and easy availability of spares. The "Special Focus" takes a look at strategies adopted by metalworking companies to tap automotive industry, which is witnessing a host of technological and market driven trends such as share mobility, improved emission & safety standards, etc. In addition, "OEM Corner" tracks top trends in commercial vehicles market.
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