Sunjay J Kapur, President, ACMA and Chairman, Sona Comstar Ltd.
Q. Has the components industry recovered from the pandemic induced slump?
Sunjay. It has been almost two years since we had a physical event. So, this is a great opportunity for us to meet people physically again. The components industry has had a good a run in the first half of the year. We have grown by 65 per cent in the domestic market; 76 per cent on the exports front and 25 per cent in the aftermarket segment.
Q. How are you faring in terms of the exposure to the commercial vehicle segment?
Sunjay. We have seen the commercial vehicle segment come back after a lot of pain and one must credit the structural changes in that industry, specifically with excellent norms, Goods and Services Tax (GST) implementation, capacity utilisation and so on. We still have several headwinds, as we are all aware the chip shortage, which continues globally has created a immense headwinds for the industry as a whole.
Q. Coupled with supply-chain bottlenecks like the chip shortage, how have fuel price hikes and disruptions like Russia-Ukraine crisis, impacted business sentiment?
This story is from the May 2022 edition of Auto Components India.
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This story is from the May 2022 edition of Auto Components India.
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