The transition to BS VI emission norms, going live on April 1, 2020, had posed myriad challenges to the Indian automotive industry. The industry – known for its resilience and frugal engineering – nonetheless, took this as an opportunity to innovate and deliver well before the deadline sets in. Bosch Limited, the leading global automotive supplier, has made the most of this opportunity, and is simultaneously laying building blocks across other mobility megatrends.
Soumitra Bhattacharya, Managing Director, Bosch Limited & Regional President, Bosch Group in India (L) called the transition from BS-IV to BS-VI the “most stringent change that is ever happening”. Considering the might of Bosch’s global organisation, its technological prowess, and manufacturing strength, this is a significant statement. Yet, despite all challenges, the company has acquired 70 BS VI-related projects in the last couple of years, worth approximately ` 24,000 cr. It must be noted these are booked acquisitions that will span over the acquisition period, clarified Bhattacharya.
Bhattacharya, along with Dr. Markus Heyn, Member of the Board of Management, Robert Bosch GmbH (R) was speaking at the company’s recent showcase of some of its production-ready BS-VI solutions, in addition to a host of new-age innovations aimed at the mobility future.
The Indian industry, in fact, is seamlessly shifting through various regulatory changes, be it emissions norms, CAFÉ norms or safety norms. Soon after the roll-out of BS-VI, the industry will be faced with the upcoming CAFÉ norms in 2022, and RDE emission norms the following year. Concurrently, India is also pursuing e-mobility, and Bosch Limited is developing solutions across the range.
Bosch recognises the prevailing downturn has had a negative impact on the overall industry, but insisted this must be viewed from a larger perspective. Bhattacharya reasoned that the industry had one of the fastest-growing rates in 2017-18, and notwithstanding the current phase, must continue to believe in the long-term promise of the mobility market.
Mobility, as we know it today, is undergoing changes, but there will always be a strong demand for mobility solutions, but in different ways. In the period between 2018 and 2030, we’re likely to see an estimated 1.6 times increase in the movement of people and goods, and perhaps a double increase in rail and road, Bhattacharya stated. The changes will be aided by various factors, including the rapid urbanisation in Indian cities as well as India’s large young population. Bosch expects 40 % of the population to move into Indian cities in the years to come, which will bring in challenges along with opportunities.
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