Cleans­ing Effort

Auto components India - - EDITORIAL - Bhar­gav TS Ex­ec­u­tive Editor s.bhar­gav@nextgen­pub­lish­ing.net

The de­mon­eti­sa­tion of the Rs 500 and Rs 1000 notes by the Gov­ern­ment of In­dia, aiming mainly at black money and coun­ter­feit notes, is ex­pected to cleanse the for­mal eco­nomic sys­tem. In an aw­fully het­ero­ge­neous so­ci­ety as in In­dia the move has sev­eral un­in­tended, un­fore­seen and un­planned con­se­quences. There will be a def­i­nite slow down in the econ­omy, but it might be for the short term. The im­pact on the au­to­mo­tive in­dus­try was im­me­di­ately vis­i­ble on the stock mar­ket as the BSE Auto in­dex fell 2.5% on Novem­ber 9. The fall is yet to cease.

The dras­tic im­pact will be on the sales of two-wheel­ers, and on pas­sen­ger cars to an ex­tent, es­pe­cially in the ru­ral mar­kets, where cash trans­ac­tions are pre­dom­i­nant. The slow-down, with the im­pli­ca­tions of a re­ces­sion­ary trend, may con­tinue un­til the ru­ral buy­ers also re­sort to pay­ments through the of­fi­cial chan­nels. Hope­fully by the be­gin­ning of next year the sales would gather a fresh mo­men­tum.

The In­dian au­to­mo­tive in­dus­try, fo­cus­ing on the fu­ture, and in tune with the global in­dus­try, is work­ing on de­vel­op­ing cleaner pow­er­trains, al­ter­na­tive fu­els and trans­mis­sion sys­tems. In In­dia also the au­to­mo­tive in­dus­try is driv­ing up to be au­ton­o­mous, elec­tric and con­nected. Elec­tri­fi­ca­tion of the pow­er­train has enor­mous po­ten­tial for re­duc­ing fuel con­sump­tion and emis­sions by large and heavy ve­hi­cles with­out com­pro­mis­ing on per­for­mance and driv­ing dy­nam­ics. To this end, most of the OEMs are mak­ing tech­ni­cal devel­op­ments in the field of elec­tro­mo­bil­ity, con­tin­u­ing to set new stan­dards in op­ti­mal en­ergy ef­fi­ciency and re­duced car­bon emis­sions.

For changes in the au­to­mo­tive tech­nol­ogy that sup­ports ‘green­ing’ of trans­porta­tion, pri­or­ity is given to ad­vanced pow­er­trains, in­clud­ing hy­brids, plug-in hy­brids, bat­tery electrics, ad­vanced in­ter­nal com­bus­tion en­gines and ad­vanced diesels, and al­ter­na­tive fu­els, in­clud­ing re­new­ables such as bio­fu­els, so­lar and hy­dro­gen.

The gov­ern­ment pol­icy, through the es­tab­lish­ment of fu­ture CAFE stan­dards and other ac­tions, has an im­por­tant role in pow­er­train devel­op­ment. Pol­icy man­dates will drive the pace of continued tech­no­log­i­cal devel­op­ment in the pow­er­train arena. But it is the shape and form of in­no­va­tions that have the scope to ini­ti­ate dras­tic changes in the skill set of work­ers. The ve­hi­cle man­u­fac­tur­ers and sup­pli­ers are de­vel­op­ing mul­ti­ple tech­nol­ogy so­lu­tions, re­quir­ing a wide range of tech­ni­cal skills. In this cur­rent edi­tion we have fo­cused on the fu­ture of pow­er­trains and the ex­perts have shared their views about the fu­ture.

Let’s make In­dia cleaner for a brighter fu­ture

Newspapers in English

Newspapers from India

© PressReader. All rights reserved.