With host of new technology and innovation in the automotive manufacturing and the auto component space has led to emergence of sustainable mobility options like electric vehicles (EVs), while it is showing benefits of IoT-based platform in controlling emissions and energy.

Company’s Indian offices are shut as a measure to tackle virus while launches have been shifted to Q1 2021.

The funding will come through Srinivasan Services Trust (SST), the social arm of TVS Motor Company and Sundaram-Clayton Ltd. and will include measures ranging from manufacturing and supplying supportive equipment.

As the auto industry makes a shift to the BS VI regime from April 1, auto makers were expected to liquidate the remaining BS IV inventory triggered by pre-buying in the last quarter of the fiscal year.

Auto makers today are adopting disruptive technologies and processes to boost productivity and improve quality. India is rightfully on the path to become a global auto manufacturing hub, says P Srinivasavaradhan.

According to India Ratings and Research (Ind-Ra), domestic automobile sales volume fell 19 per cent YoY (Year on Year) in February 2020, on lower consumer sentiments as original equipment manufacturers (OEM) continued the regulated wholesale billing to grapple with the effects of switching to Bharat Stage (BS) VI vehicles amid a low demand.

Government of India has envisioned a path towards building green India with industries across all segments adopting measures to reduce carbon-di-oxide (CO2) emissions, auto industry is seen taking efforts in terms of its new product development, efficient motors.

Scaling and changing production skill and capabilities is a must for companies in this fast pace world and they have to adopt a more agile mentality.

With lot of good initiatives been taken by the auto sector on the sustainability front is expected to boost usage of green technology and rise in clean fuel technologies in India.