Held close on the heels of the automotive industry gearing for the festive season and emerging stronger from the pandemic induced hardships, the 60th SIAM Annual Convention was all for an inclusive approach and a united effort. Vehicle sales were down by 75.49 per cent to 14,91,216 units in the April-June (Q12021) with Q2 showing green shoots. In comparison to sales, production declined by 79.39 per cent to 14,86,594 units in the same quarter. Exports, on the whole, declined by 63.49 per cent to 4,36,628 vehicles. With this perspective, admitting to the worse slowdown in two decades, averred Rajan Wadhera, Past President, SIAM and Senior Advisor, Mahindra & Mahindra, “Even with the supply disruptions and domestic lockdown in 2020, the Indian automobile industry is hopeful of demand recovery.”
Demand and supply bottlenecks
Uday Kotak, President at Confederation of Indian Industry (CII) and Managing Director and Chief Executive Officer, Kotak Mahindra Bank linked the growth in infrastructure to the industry’s growth. To drive the sectoral recovery, he advocated for strong investments by the government in road infrastructure. Quipping that the past months were a “never-normal” phenomenon, he lauded the leadership demonstrated by Original Equipment Manufacturers(OEM) to address the supply-side issues and in turn open the door to new opportunities. He emphasised upon the need to iron out the creases on the supply-side ahead of complete demand recovery, calling out the government to ensure better coordination between the centre and the states.
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Regaining Lost Momentum
The Pune-based Central Institute of Road Transport is regaining the lost momentum in 2020 to attain new highs.
The Nerve Centre
Tata Technologies and GKN Automotive, in a strategic move, have got together for emobility. A global software engineering centre is their first byproduct. It is expected to be the nerve centre for growth.
TAGMA Tooling Summit 2020
At the first-ever virtual edition of the International Tooling Summit, the objective was to help the tooling industry chart its way through these challenging times. Team ACI
Portable Calibration Tools
A CII-Fluke joint live workshop pointed at the critical role of portable calibration tools in process optimisation.
Playing To Strengths
The International Centre for Automotive Technology is playing to its strengths in the automotive domain, to help the industry fastrack recovery.
In an upfront interaction, Shekhar Dhole, Scientist - C & Head Safety & Homologation/Certification spoke about Automotive Research Association of India striving for newer highs post 2020.
Gearing For Aftermarket Growth
In a Society of Indian Automobile Manufacturers webinar, growth in the aftermarket took centre stage.
Freudenberg Filtration Technologies
Freudenberg Filtration Technologies India has introduced advanced in-cabin air filtration solutions and services.
In an upfront conversation, Dinesh Tyagi, Director at ICAT spoke of the need to discount 2020 from the five-year vision and 10-year target plan of ICAT.
Creating Real Value For Customers
In an upfront interaction, Warren Harris, Managing Director and Chief Executive Officer, Tata Technologies spoke of offering solutions to pave the way for a cleaner and sustainable mobility solutions and for creating real value for customers.
THE ROXOR IS THE BACKCOUNTRY BUG-OUT VEHICLE THAT CAN HANDLE THE JOB.
E for efficiency
While some manufacturers desert the series due to regulation changes, Mahindra Racing sees Formula E as a challenge well worth accepting
The age of value Trucks
The age of value trucks is here.
ELECTRIC THREE-WHEELERS GAIN MOMENTUM
Electric three-wheelers gather momentum, courtesy the involvement of bigger players.
A Shared Development
The Third CIIE shows China's determination to continue opening up
Keep pace with the change
Long-term planning is passé. Companies need to periodically reassess the business environment and explore ways to rebuild consumer confidence, especially during difficult times.
SUVs OF 2021
DON’T BUY A NEW CAR JUST YET! HERE’S EVERY NEW SUV HEADED YOUR WAY IN THE NEW YEAR, AND WHY IT MIGHT BE WORTH WAITING FOR THEM
When & How To Engage 4H & 4L In Mahindra Thar
The all-new 2020 Mahindra Thar SUV looks bold and drives well, both in the city as well as offroad, though people buying this muscular looking vehicle will be driving it a lot beyond the ordinary roads.
“Financial impetus needed for new CV purchase to pick up pace” – Veejay Nakra, CEO (Automotive Division), Mahindra & Mahindra
He has a new title following his name but he is not new to the volatility of the automotive segment. In this candid interaction with MOTORINDIA’S N Balasubramanian, Veejay Nakra, CEO (Automotive Division), Mahindra & Mahindra Limited, opens up on how his company has weathered the pandemic-triggered lockdown while getting manufacturing facilities ready, preparing for the BS VI changeover, dealing with changing consumer preferences and exploring new opportunities for the small, medium and heavy commercial vehicles
MAHINDRA launches iMAXX telematics connected vehicle technology to help CV fleets
Mahindra Truck and Bus (MTB) has announced the launch of its connected vehicle technology, Mahindra iMAXX, as part of its efforts to deliver a distinguished fleet management experience for its customers.