Organised by Explore Exhibitions and Conference LLP, the summit is all set to revolutionise the electric vehicles (EVs) industry by driving EV adoption in India.Adopting a new technology is always a big challenge but a revolution is awaiting for the Indian automotive industry, going green by bringing eco-friendly vehicles.

The world’s largest industrial trade fair highlighted several advancements in the field of automotive and auto component industry.Fourth industrial revolution (Industry 4.0) or smart manufacturing, augmented reality (AR), Internet of Things (IoT), additive manufacturing, predictive maintenance, etc are making companies more efficient and innovative, boosting their competitive advantage. These and many more innovative technologies were at display in the recently concluded Hannover Messe 2018, which was held alongside CeMAT (a meeting-place for the global materials handling and logistics technology sector).Under the motto of ‘Integrated industry: Connect & collaborate’, a total of 210,000 visitors seized the opportunity to explore the innovations on display. A total of 5,800 exhibitors were present at Hannover Messe & CeMAT. Topics like machine learning, artificial intelligence, industrial IT platforms, the expansion of power grids for eMobility, the use of robots and autonomous systems in production and intralogistics, and the role of workers in the integrated factory were the subject of intense debate at the stands of exhibitors at the event. As the official Partner Country, Mexico profiled itself as an innovative business partner and industrial location.

With governments around the world pursuing more stringent norms on emissions and fuel economy, companies are gearing up with new energy-efficient powertrain systems, says Rakesh Rao. With market for auto booming in Asia, global auto component companies are eyeing for bigger share of the market. Meanwhile, in India, the new emission norm (BS VI to be rolled out from April 1, 2020) is forcing companies to modify their powertrain systems. The demand for new products is also getting a boost with auto makers making their next generation powertrains.

The Indian auto industry is one of the largest in the world. The industry accounts for 7.1 per cent of the country's gross domestic product (GDP).

Industry 4.0 – an amalgamation of information technology and manufacturing technologies - is bringing together robots, data and connected devices for creating a productive environment.

The 11th Die and Mould India exhibition saw good participation from the Indian tooling, die and mould making industry with titans and pioneers of tooling giving an honest account of the current industry scenario.

The Indian auto industry is often touted as the fastest growing industry in the world. This industry is prominently known for a consistent release in products, with OEMs coming out with newer models every six month, be it diesel or petrol variants

The current disruptions in the auto sector such as policy changes, introduction of EVs and pollution norms can badly impact the industries that exclusively deal with metal parts

While EVs are touted as the future of Indian mobility, analysts Rudranil Roysharma and Aditya Ravindran of Feedback Business Consulting point out the benefits of using methanol as a green fuel source.