To mitigate COVID 19 challenge, automakers must try to strategise the operations to improve their resilience in the coming days and be prepared for the future, says Sharadhi Babu, CEO, AXISCADES.

Indian Forging Industry depends on 60 per cent of its revenues from the domestic automotive industry. Automotive industry was hopeful for recovery with post introduction of BS VI from the slowdown but Coronavirus (Covid-19) has impacted on the recovery of the domestic market.

To fight novel coronavirus disease (Covid 2019), the government ordered a 21-day nation-wide lockdown, starting March 25.

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.

With global scenario changing and shifting towards greener plant or factory operations, the government has conducted some significant policy reforms to reduce carbon di oxide emissions (CO2).

India has seriously considered low-emission sustainable roadmap which supports development and building infrastructure for electric vehicles (EVs).

Indian automakers are going through shifts across the segments. Amid this, wheel segments have also seen some changes like shift towards electric vehicles, alloy wheels, safety features and others.

Coronavirus, which started in Wuhan (China), has resulted in shutting down of factories, impacting the global auto industry due to short supply of Chinese components.

The automotive industry is going through a transformative phase with changes like technology innovation, personalised vehicle experience, green initiatives, etc.