In this interview with Rakesh Rao, Dr Sreeram Srinivasan, CEO, Syrma Technology Pvt Ltd, discusses reasons behind the current chip shortage crisis and new growth opportunities for the company

The government is planning to soon notify the production-linked incentive (PLI) scheme, announced as part of Aatmanirbhar Bharat initiative to boost domestic manufacturing, for sectors like auto components, steel, and textiles.

The first EV conference by Emkay Global expects EV penetration and transition in 2Ws and 3Ws for the next 2-3 years. Emkay is positive about the auto sector and expects a strong cyclical upturn.

The implementation of the PLI Scheme 'National Programme on Advanced Chemistry Cell Battery Storage’ will bring down the cost of electric vehicles and boost green growth.

In this interview with Rakesh Rao, Vikram Handa, Managing Director, Epsilon Carbon, highlights on the potential of lithium-ion battery market and growth opportunities for the company.

The partnership will witness C4V manufacturing solid-state batteries which will be used in Omega Seiki’s range of electric vehicles. As per NYSERDA, the batteries are one of the greenest in the world.

According to Deepak Jain, President, ACMA, the collaboration will promote localisation of auto components, reduce the import of substandard components and make the industry prices globally competitive.

However, the industry’s net foreign exchange was positive for the first time ever with companies exporting more ($ 5.2 billion) than importing ($ 5 billion) during the first half of 2020-21.