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Taking Centre Stage Smarter auto electronics and electrical are taking centre stage. Ashish Bhatia looks at recent developments which suggest a growing impetus on resource allocation to build a robust ecosystem.

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MSME Puducherry technology centre

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Motion Plastics Automotive plastics have evolved. Deepti Thore looks at the high-performance Igus plastics’ range.

Golden Jubilee of Servo Sustainability 4.0 Awards Visteon and Steradian are ADAS-focused BorgWarner invests in Qnovo Inc. Marelli succession plans

12 Mobilised Localising E-2W Components

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l Union Budget 2022 - A Preview

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ZF India owns majority stake in Rane Groups JV 115 companies file for PLI TKAP leadership change ARAI celebrates GoI initiatives Foreign Trade Amara Raja invests in Inobat auto TVS appoints Venkat Viswanathan Continental India is TISAX certified

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608, Trade World, 6th floor, C wing, Kamala Mills Compound, Senapati Bapat Marg, Lower Parel (W), Mumbai - 400013, India. Tel +91 9321546598, Email us at a.bhatia@nextgenpublishing.net Executive Editor Ashish Bhatia Editorial Advisory Board H. S. Billimoria, Aspi Bhathena Head - Design & Production Ravi Parmar Correspondent: Deepti Thore, Prateek Pardeshi Sumesh Soman Asst Art Director Ajit Manjrekar Production Supervisor Dinesh Bhajnik Publisher Marzban Jasoomani Associate Publisher & General Manager (North & East) Ellora Dasgupta General Manager – South Girish Shet Deputy General Manager – North & East Chanchal Arora (Delhi) Regional Marketing Manager Salma Jabbar (Chennai) Regional Manager Rajesh Gogate (Mumbai) Manager Circulation - North and East Kapil Kaushik (Delhi) Subscription Supervisor Sachin Kelkar Tel +91 9321546598 Apple Newsstand & Magzter Queries: help@magzter.com Territory Sales Incharge (Circulation) Srinivas Gangula (Hyderabad) Cell +91 09000555756 Territory Sales Incharge (Circulation) Vidyasagar Gupta (Kolkata) Mob: 09804085683

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Automotive electronics have indeed come a long way from the erstwhile days of wiring technologies meant for power distribution.

here is a strong belief that we have all the tools and can bring an end to the acute phase of the pandemic. It, however, needs the tools to be used equitably and wisely. Even with the talks of the pandemic turning into an endemic, 34 countries are yet to vaccinate 10 per cent of their population. 86 countries have vaccinated less than 40 per cent of their population while we await our precautionary dose (booster). In this issue, we look at how the automotive electronics and electricals are taking centre stage with the industry allocating resources to build a robust ecosystem. Automotive electronics have indeed come a long way from the erstwhile days of wiring technologies meant for power distribution. The world has moved on from switches, wires, relays and controlled motors to sensors, actuators, alternators, batteries, oxygen sensors, generators, starter solenoids, and high-powered electrical devices to count a few. Watch out for new generation automotive plastics and tyres too in this issue. We also bring to you an exhaustive Union Budget 2022 wish list from leading voices of the components and allied industry ahead of FM Nirmala Sitharaman laying down the fine print for the next fiscal. Ashish Bhatia Executive Editor | a.bhatia@nextgenpublishing.net

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Views and opinions expressed in the magazine are not necessarily those of Next Gen Publishing Pvt. Ltd. Next Gen Publishing Pvt. Ltd. does not take responsibility for returning unsolicited manuscripts, photographs or other material. All material published in Auto Components India is copyright and no part of the magazine may be reproduced in part or full without the express prior written permission of the publisher Printed by Marzban Jasoomani Next Gen Publishing Pvt. Ltd., 608, Trade World, 6th floor, C wing, Kamala Mills Compound, Senapati Bapat Marg, Lower Parel (W), Mumbai - 400013, India.. Published by Marzban Jasoomani on behalf of Next Gen Publishing Pvt. Ltd., 608, Trade World, 6th floor, C wing, Kamala Mills Compound, Senapati Bapat Marg, Lower Parel (W), Mumbai - 400013, India. Printed at Spring Graphics, 215 & 238, Shah & Nahar Industrial Estate, Sun Mill Compund, Lower Parel (West), Mumbai 400013, India. Published at Next Gen Publishing Pvt. Ltd., 608, Trade World, 6th floor, C wing, Kamala Mills Compound, Senapati Bapat Marg, Lower Parel (W), Mumbai - 400013, India.

All readers are recommended to make their own independent enquiries before sending money, incurring expenses or entering into commitments in relation to any advertisement appearing in the publication. Auto Components India does not vouch for any claims made by advertisers for their products and services. The editor, publisher, printer and employees of the publication shall not be held liable for any consequence in the events of such claims not being honoured by the advertisers. All disputes are subject to the exclusive jurisdiction of competent courts and forums in Mumbai only. Editor Ashish Bhatia

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MSME Puducherry technology centre Prime Minister Narendra Modi inaugurated a MSMEs Technology Centre under the aegis of the MSME Ministry, in Puducherry on the occasion of ‘National Youth done’. Set up with an investment of about Rs.122 crore, the centre is spread across 10 acres and is expected to train 20,000 youth, support 2000 MSMEs and incubate 200 startups. The local economy is expected to be a direct beneficiary. The inauguration of

this MSME Technology Centre by the Prime Minister is deemed as a boost

ZF India owns majority stake in Rane Groups JV ZF India has become the majority shareholder in Rane TRW Steering Systems. It now holds a 51 per cent stake in the Joint Venture (JV). Up until now, both partners held equal shares in the company. In the future, the JV will operate on the market under the name ‘ZF Rane Automotive India’. The renaming is said to be reflective of the enhanced cooperation between the partners. India being an important market for ZF, Dr Holger Klein, Member of the Board of Management, ZF Group said, “By acquiring a majority stake from our long-standing partner Rane, we aim to further expand both our passenger car and commercial vehicle businesses for our customers in the Indian region.” Under the JV, the partners expect to offer newer technologies, expedite new product introductions, and localisation. Rane Group is a strategic partner that will aid ZF to leverage competence, in line with the ‘Refresh India’ strategy. Harish Lakshman, Vice Chairman, Rane Group & Managing Director, Rane TRW Steering Systems Pvt. Ltd. cited the one per cent transfer to ZF as a major step in taking the relationship to the next level. Suresh KV, President ZF India Pvt. Ltd. stated, “The complementary nature of the partners has been the hallmark of this JV which has resulted in the organisation performing consistently over the years. Support for the Indian customer base with ZF engineering and technology along with the customer connect and operations excellence of Rane will continue to be the goal of this JV in the future.”

AUTO COMPONENTS INDIA n FEBRUARY 2022

to skill development and expected to inculcate an entrepreneurial spirit among the youth of the region. The centres across the country developed under the flagship ‘Technology Centre Systems Programme’ are supporting existing and prospective MSMEs by developing production facilities, manpower, providing consultancy and developing a competitive edge through the adoption of best practices.

115 companies file for PLI A total of 115 companies have filed for the Production Linked Incentive (PLI) scheme. The scheme is known to have received applications from both domestic as well as globally headquartered groups. Till the deadline set by the government, 13 applications were received under the champion OEM category (except two-wheeler and three-wheeler), seven under Champion OEM (two-wheeler and three-wheeler), 83 under component OEM with the rest of the applications from the new non-automotive investors for both OEM and component categories. Under the PLI scheme, the incentive structure is expected to encourage the industry to make fresh investments in building indigenous supply chains and deep localisation of Advanced Automotive Technology (AAT) products. The scheme is being hailed as a gamechanger and driver for the industry’s transition to a hi-tech one. WWW.AUTOCOMPONENTSINDIA.COM

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TKAP Leadership change Toyota Kirloskar Auto Parts Pvt. Ltd. (TKAP) announced the proposed appointment of K N Prasad as Managing Director. Currently serving as Senior Vice President, Prasad will take charge from KG Mohan Kumar soon after being appointed by the Board of Directors. To look over the strategic direction of India operations, he brings to the table vast experience in diverse areas spanning production, engineering and quality with in-depth sectoral knowledge. An old hand at TKAP, KG Mohan Kumar began his tenure in 1998 and was responsible for the localisation of parts, equipment, and development of engineering talent for all product lines. He is hailed at the organisation for showcasing Indian supplier competitiveness and manufacturing capabilities directly correlated to export performance. Customer relationship management and cost control are his other pet subjects.

Rural talent at TKM shines

The National Skills Development Corporation (NSDC) and Automotive Skills Development Council (ASDC) hosted the 2021 edition of India Skills 202, a competition in mechatronics and prototype modelling skills at the Toyota Kirloskar Motor (TKM) premise, in Bidadi. Ved Mani Tiwari, Chief Operating Officer, NSDC said, “India Skills Competition aims to create a pool of talented and skilled workforce who will fuel the economic growth of the country in the future. The competition offers a national platform to the youth and exposure to global training standards.” Akhilesh Babu and Karthik Gowda in mechatronics and Likith Kumar in prototype modelling skills represented Karnataka and bagged first place. The winners will undergo rigorous training at TKM including at specialised centres before representing India at the World Skills Competition 2022, in Shanghai.

ARAI celebrates GoI initiatives Foreign Trade The Government of India initiative ‘Azadi Ka Amrit Mahotsav’ week commemorated and celebrated 75 years of progressive India, as well as the remarkable history of its people, culture, and achievements. As part of the celebrations between January 10-16, 2022, ARAI hosted virtual sessions on its TechNovuus platform. At ARAI, the week was all full sessions themed on ‘Sustainability’, ‘Swachh Bharat’, ‘Youth Involvement’, ‘Atma Nirbhar Bharat’, ‘Skill India’, and ‘Innovation’. Notably, sessions like the ‘Flex-Fuel Technology in India’ presented a comprehensive roadmap for the rollout in India. It touched upon cooperation with Brazil, regulations and standards, demands on calibration, emissions, cold start systems, and flex-fuel components to name a few focal areas (Watch out for the detailed coverage in our upcoming issue). The official journey of the initiative began on March 12, 2021, and will culminate on August 15, 2023, after a 75-week countdown to the nation’s 75th Independence anniversary. WWW.AUTOCOMPONENTSINDIA.COM

In December 2021, exports grew by 20 per cent over the same period last year in a valuation of USD 57.87 bn. In comparison, imports also registered a 33 per cent growth at USD 72.35 bn over the same period. For AprilDecember 21, this works out to be an over 36 per cent growth in exports and 57.33 per cent in imports valued at USD 479.09 bn and USD 547.12 bn respectively. Of these, outgoing services registered a 5.26 per cent growth at USD 20.07 bn and 15.76 per cent incoming growth at USD 12.87 bn. In the case of services, the net of services registered a 14.30 per cent growth in April-December 2021 over the same period last year. Speaking of commodities, electronic goods are estimated to be valued at USD 1672.59 mn at a 33.99 per cent change. The country also registered a 27.58 per cent growth in imports. FEBRUARY 2022 n AUTO COMPONENTS INDIA

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Amara Raja invests in Inobat Auto Amara Raja Batteries Ltd. has invested in InoBat Auto. A European technology developer and manufacturer of premium innovative battery packs for emobility, the initial investment in Inobat Auto is expected to provide Amara Raja with a key foothold in the thriving European EV ecosystem. In Europe, multiple battery giga-factories are known to be built or underway to support the region’s EV push. In line with the green technology goals announced previously as part of its ‘Energy and Mobility’ strategy, Amara Raja has earmarked an investment of Rs.700 crore to be able to pursue new R&D opportunities while also adapting InoBat’s battery technology to the markets that the company (Amara Raja) already serves. Commenting on the new investment, Vikram Gourineni, Executive Director, Amara Raja Batteries said, “InoBat has proven its capability to develop innovative battery technologies in a short period. Its cradle-to-cradle approach supports Amara Raja’s own goals on sustainability and will help to taper long-term dependence on the import of critical raw materials.”

TVS appoints Venkat Viswanathan

Continental India is TISAX certified

TVS Motor Company (TVS) wants to transform into a digital-age company with a model that is connected, sustainable, and electric. To further its vision, the company announced the appointment of Professor Venkat Viswanathan as the new Technical Advisor for emobility. Sudarshan Venu, Joint Managing Director, TVS, said, “Viswanathan’s major strides in battery technology will give us a competitive edge in delivering value for money, superior technology, and aspirational electric vehicles to meet the fast-evolving customer needs.” A Carnegie Mellon University Associate Professor of Mechanical Engineering and a global leader in advanced batteries for electric mobility, he has been felicitated in the past with numerous honours, including awards like the National Science Foundation’s ‘CAREER’, the Alfred P. Sloan Fellow, the ONR Young Investigator, and the MIT Technology Review Innovators Under 35 Finalist. He brings on broad deep expertise in energy storage and Li-ion batteries in the automotive and aviation space. The company is known to have committed ~ Rs.1,000 crore in the space with a significant portion of it already invested.

Continental India Receives Trusted Information Security Assessment Exchange (TISAX) Certification for adopting advanced cybersecurity practices in its Research & Development (R&D) and manufacturing. Manoj Nair, Head of IT, Continental Automotive India, said, “At Continental, we have been taking various measures to ensure secure processes and products, and the TISAX certification is a demonstration of our commitment to product security.” The certification, developed under the umbrella of the German Association of the Automotive Industry (VDA) is known to be in use as a standard for auditing by 2,500 companies across 40 countries. Notably, TISAX practices will be implemented on every new order as a prerequisite at Continental India’s plant and in the R&D processes.

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Golden Jubilee of Servo

Indian Oil Corporation Ltd. is celebrating the golden jubilee of brand Servo. Launched in 1972, the lubricant Servo highlights India’s advancement in the petroleum sector as per SM Vaidya, Chairman at the company. Developed at Indian Oil’s R&D centre in Faridabad, one of Asia’s advanced facilities, brand Servo has evolved over the decades to produce and market an extensive range of

1200 active lubricant grades. Its global footprint spans 34 countries. With approval from OEMs including Maruti Suzuki India Ltd., Hyundai India Ltd., Tata Motors Ltd., Ashok Leyland Ltd., and Mahindra & Mahindra Ltd., Dr SSV Ramakumar, Director (R&D) drew attention to over 7000 formulations backed by continued excellence in quality and performance.

Futura NXT 0W-16 Servo introduced the Futura NXT 0W-16, new high-performance gasoline engine oil for new generation cars. The BSVI compliant lubricant is also equipped with advanced after treatment devices and made of synthetic base stocks and highperformance additives, resulting in a lubricant with high oxidation stability and very low oil

economy by more than four per cent, resulting in lower greenhouse gas emissions and protecting the engine from the low-speed pre-ignition phenomenon. The new engine oil is claimed to meet the most recent API SP/RC & ILSAC GF-6B performance levels and is recommended for all petrol vehicles that require 0W-16 engine oils.

consumption. Servo Futura NXT 0W-16 is claimed to improve fuel

Sustainability 4.0 awards In its twelfth edition, Frost & Sullivan and TERI presented the Sustainability 4.0 Awards 2021. Aimed at highlighting the need for linkages between an organisation’s strategy, governance and WWW.AUTOCOMPONENTSINDIA.COM

financial performance and the social, environmental and economic context within which it operates, the awards this year were all about enabling businesses to take more logical and sustainable

decisions that ensure long-term stakeholder value. Henkel Adhesive Technologies India Pvt. Ltd., Vedanta Ltd., JSW Steel Ltd., and Toyota India are among the winners this year.

FEBRUARY 2022 n AUTO COMPONENTS INDIA

ewscast I International

Visteon and Steradian are ADAS-focused Visteon Corporation and Steradian Semiconductors Pvt. Ltd., an India-based high-tech imaging radar specialist will collaborate on enhanced Advanced Driver Assistance Systems (ADAS) for the global automotive market. As part of a joint development agreement, Steradian will provide Visteon with access to its advanced 4D image radar sensor hardware and perception software technology. Known to be integral to Level 2+ autonomous driving technology, imaging radars enable safety application development, AI-based perception algorithms, and sensor fusion. Visteon’s DriveCore™ technology, for example, analyses input from multiple sensors to understand the environment and determine the appropriate action to steer, brake and accelerate the vehicle. It uses artificial intelligence for object detection and tracking, situational analysis and driver-behaviour planning to enable ADAS-related features including driver monitoring, automatic lanekeeping and parking assistance.

BorgWarner invests in Qnovo Inc.

Marelli succession plans

BorgWarner has invested in Qnovo, Inc., a privately held, Silicon Valleybased software and controls company. As the lead investor for Qnovo’s multimillion-dollar Series-C capital raise, with Qnovo’s focus on battery health measurement and fast charging, the investment is expected to help BorgWarner enhance its battery solutions portfolio. “BorgWarner sees a great opportunity with our strategic investment to collaborate with Qnovo, allowing us to leverage its advanced battery management software in our electrification portfolio,” said Harry Husted, Chief Technology Officer of BorgWarner. The intelligent software is claimed to offer multiple benefits, including predictive safety measures, faster charging and extended battery life. Additionally, Qnovo’s software offers adaptive charging algorithms and predictive tools known to run on AutoSAR or an equivalent vehicle operating system.

Beda Bolzenius will step down as the Chief Executive Officer and President after his fouryear tenure. He will be succeeded by David Slump, another industry veteran with immediate effect. Dinesh Paliwal, Partner at KKR and Executive Chairman, said, “I want to thank Beda for his dedication and his commitment to Marelli during through his tenure. He has led this company through what has been an incredibly challenging period for the industry.” He lauded the implementation of vision growth through customer diversification, better cost competitiveness, and investments into key technologies with the China growth story. Slump joins Marelli from Harman International, a USD nine bn wholly-owned subsidiary of Samsung Electronics Co. Ltd., that designs and engineers connected products and solutions for automakers, consumers, and enterprises worldwide.

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M Localising E-2W Components obilised

E-2W manufacturers like EeVe India are banking on component localisation for a higher market penetration. Sumesh Soman finds out where the company has excelled and where it can do more to boost the ecosystem as a whole.

Dual-disc brakes

LED headlamp

Switches

EeVe Soul

Display

AUTO COMPONENTS INDIA n FEBRUARY 2022

Alloy swing arm

Swappable Lithium (LFP) batteries

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rissa-based EeVe India has its task cut out! It wants to become the best electric scooter company in the country. To realise its aspirations, the company is striving hard to increasingly localise its products as a ‘Made In India’ offering to click with buyers. A testimony to the efforts fructifying to a large extent is the new flagship scooter from the company. EeVe Soul recently launched as the sixth scooter from the company comes at an initial acquisition cost of Rs.1.39 lakh (Ex-showroom Delhi). According to Harsh Vardhan Didwania, Founder and Director, EeVe India, it’s only a matter of time that the company could go beyond the current levels of 70 per cent localisation. The company has indeed done well, even at 70 per cent, however, there is room for more. Higher localisation levels will not only better costeconomics but also help its chances as a unanimous choice of mass mobility compared to other options for buyers. At lower price points and with an equal if not a greater value-addition.

Extent of localisation

At 70 per cent localisation levels, the company, as per Didwania, has done well to localise the key parts barring the motor and the battery pack. Its lineage in scooter manufacturing is believed to have made it possible for the Original Equipment Manufacturer (OEM) to localise a majority of components including the LED headlamp, switch gear, swing arm, and disc brakes to name a few. However, the import dependency for the core parts like motor and the battery pack (from component majors like Bosch) of the EeVe Soul is attributed to the limitations on the product penetration front and a subsequent lack of ecosystem. In India, there is a need for more ancillary e-2W WWW.AUTOCOMPONENTSINDIA.COM

Mobilised component suppliers to step up. “Once the product penetrates the market deeper and attains a sizeable market share, we will consider localising the remaining 30 per cent of the imported components as well,” asserted Didwania.

Increasing localisation

EeVe India has invested an estimated Rs.80 crore in the Research & Development (R&D) for highspeed EV products like the EeVe Soul, aimed at the market in India alone. The company aims to sell two million vehicles by 2027, and by then, significantly increase the local content per vehicle produced and sold in the market. In the near term, one expects the company to benefit from the Component Champion Incentive scheme that is a ‘sales value linked’ scheme and applicable on Advanced Automotive Technology (AAT) components of vehicles, Completely Knocked Down (CKD)/ Semi Knocked Down (SKD) kits, among vehicle aggregates of twowheelers. It is expected to boost the country’s cost-competitive value chain and boost the ecosystem to in turn benefit companies like EeVe India looking to localise more. Like its competitors, both established and relatively newer entrants, EeVe India will also look to benefit from the Champion OEM Incentive scheme that applies to Battery Electric Vehicles (BEVs). Besides other government interventions like the FAME India

1200 Watt Bosch BLDC (Inhub motor)

Harsh Vardhan Didwania, Founder and Director, EeVe India

Scheme Phase II (FAME II), are expected to generate demand by supporting an estimated 10 lakh electric two-wheelers like the Soul. In addition, on the battery pack localisation front, the PLI scheme for Advanced Chemistry Cell (ACC) known to have received 10 bids with a capacity greater than an estimated 130 Gwh is also expected to bring in fresh investments for the indigenisation of supply chains and deep localisation of battery manufacturing. The Government had approved the scheme for a manufacturing capacity of 50 Gwh with a budgetary outlay of Rs.18,000 crore. To give an estimate of the overall financial incentives under these above mentioned schemes alone coming the industry’s way are to the tune of ~Rs.54,038 crore. Besides domestic value addition, the objective was to also levalise battery costs in a globally competitive manner. The direct beneficiaries of the scheme known so far include the likes of Ola Electric Pvt. Ltd., LucasTVS Ltd., Amara Raja Batteries Ltd., and Exide Industries Ltd. It is good news that the investment cycle of most auto component manufacturers has commenced with 60 per cent of respondents to an ACMA survey showing a willingness to be part of the EV supply chain. ACI FEBRUARY 2022 n AUTO COMPONENTS INDIA

over Story

utomotive electronics have taken centre stage and will command a greater focus going forward too from key stakeholders. The recent supply chain bottlenecks owing to the shortage of semiconductor chips, known to have impacted business, are a testament to the rising electronic and electrical content per vehicle. It is also a sign of the growing OEM dependencies that need to be hedged by developing a wider procurement strategy as well as the industry turning self-reliant. The fact that such a sub-

AUTO COMPONENTS INDIA n FEBRUARY 2022

assembly can stall and or delay production cycles in the absence of a well-oiled, localised ecosystem has ensured this stream takes centre stage. Building on capabilities is in line with the collective vision of making India a global manufacturing hub for electronics and electrical. Sunjay Kapur, President, Automotive Component Manufacturers Association (ACMA) just ahead of the onslaught of Omicron had stated, “Despite the resurgence of demand for vehicles, supply-side issues of availability

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Cover Story of semiconductors, increasing input costs, rising logistics costs and availability of containers, among others, continue to hamper recovery in the automotive sector.” Additionally, the Production Linked Incentive (PLI) scheme has sought to incentivise ‘Component Champions.’ The scheme, hailed by the industry, is expected to encourage local manufacturing firms to expand as they gear to play their part as a vital cog in the ecosystem. “Together with the increased focus of the auto industry on deep-localisation and the recent announcements of PLI schemes by the Government on Advanced Chemistry Cell (ACC) Batteries and auto and auto components will facilitate the creation of a stateof-the-art automotive value chain

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and develop India into an attractive alternative source of high-end auto components,” he stated. To validate this direction of the industry, an ACMA leadership survey, brought to light how

auto component manufacturers have now, by and large, recovered and the investment cycle has also commenced. “On the subject of auto component industry preparing to be future-

FEBRUARY 2022 n AUTO COMPONENTS INDIA

over Story

H1 FY 2022: Imports Segmentation by Product Type

Engine Components

0.96

+62%

1.55 0.6 1 0.7 5 0.5 2 0.64

Body / Chassis / BiW Suspension & Braking

+23% +25%

Drive Transmission & Steering

1.71 2.80 0.0 7 0.3 6

Cooling System Electricals & Electronics

0.0 80.2 0 0.3 3

Rubber Components Interiors (nonelectronic)

0.2 2 0.4 8

Consumables & Misc.

+64%

H1 FY 22

+388% 0.7 1

+72%

1.23 +159 %

+121 %

0.7 2

H1 FY21 H1 FY22

+120%

Export-Import analysis of Indian auto-component industry

H1 FY 2022: Exports Segmentation by Product Type

0.96

Engine Components Body / Chassis / BiW Suspension & Braking

0.6 1 1.0 9 0.5 2 0.99

Electricals & Electronics Rubber Components Interiors (non-electronic) Consumables & Misc.

+93% 1.7 1

Drive Transmission & Steering Cooling System

1.8 +96% 8 +79 %

0.0 70.1 2

3.1 2

+83%

H1 FY 22

+59% 0.7 1 0.98

+37 %

0.08 0.1 +83% 4 0.3 +79 3 0.5 % 8 0.2 +72 20.3 % 7

H1 FY21 H1 FY22

Headwinds and tailwinds

Export-Import analysis of Indian auto-component industry

ready, 60 per cent of the respondents mentioned that they were already equipped to be part of the EV supply chain, while the rest would be ready in the next two-odd years,” said Kapur.

Current equation

As of the first half of 2021-22 (H12021-22), the component import dependencies drew a focus on the rise in imports by 71 per cent from Rs.37,710 crore (USD five bn) in H12020-21 to Rs.64,310 crore (USD 8.7 bn). Asia accounted for 63 per cent of imports with Europe and North America at 29 per cent and seven per cent respectively. This is attributed

per cent with a 73 per cent growth. The aftermarket in H12021-22 witnessed a growth of 25 per cent to Rs.38,895 crore (USD 5.3 bn) from Rs.31,116 crore (USD 4.1 bn) in H12020-21. Notably, sales to OEMs increased by 76 per cent from Rs.87,120 Crore (USD 11.6 bn) in H1FY21 to Rs.1.53 lakh crore (USD 20.7 bn) in H1FY22. If one were to look at these figures more closely, as per ACMA data, imports segmentation by product type reveals electricals and electronics components imports grew by 72 per cent in H1FY2021-22 compared to H1FY2020-21, and accounting for seven per cent of the overall imports pie. Ahead of rubber components at six per cent and interiors (non-consumables and electronics) at four per cent. Engine components accounted for a majority at 32 per cent. Compared to imports, exports segmentation by product type (electricals and electronics) grew by 37 per cent in the same period. They accounted for 11 per cent of the overall exports pie ahead of interiors, rubber components and cooling systems. Drive transmission and steering accounted for a majority of exports at 34 per cent followed by engine components at 20 per cent.

to the growing domestic demand for luxury vehicles and high-end cars in the domestic market. On the brighter side, imports from all geographies witnessed a steep increase reflecting growth in domestic manufacturing activities. In comparison to imports, exports showed positive signs with a growth of 76 per cent to Rs.68,746 crore (USD 9.3 bn) in H12021-22 from Rs. 39,003 crore (USD 5.2 billion) in H12020-21. Europe here accounted for 31 per cent of exports with an 81 per cent rise with North America registering a growth of 81 per cent to reach 32 per cent. Growth of exports to Asia stood at 25

AUTO COMPONENTS INDIA n FEBRUARY 2022

Domestic demand continues to be strong. There is a surge in international demand (exports) with an increased focus on clean and new technologies. Ahead of the Union Budget 2022, an extension of Fame-II coupled with ACC and Auto PLIs and new entrants in the mobility space have been identified as tailwinds, mentioned Vinnie Mehta, Director General, ACMA at the periodic ACMA performance briefing. He also drew attention to chip shortage, increasing raw material prices, lower RoDTEP and high Goods and Services Tax (GST) on auto components as headwinds. Clearing the air, admitted Kapur, “There are more headwinds for now compared to tailwinds.” “We have shifted from just-in-time to just-as-is,” he concluded. ACI WWW.AUTOCOMPONENTSINDIA.COM

Jammu Udhampur Highway, Jammu, India Jammu Udhampur Highway, Jammu, India Jammu Udhampur Highway, Jammu, India

over Story

Motion Plastics Automotive plastics have evolved. Deepti Thore looks at the high-performance Igus motion plastic range.

gus launched over 180 new products at a “virtual” booth manned at the Igus Motion Plastic Show (IMPS). Aimed at supporting its growth plans, a major chunk of it caters to the automotive industry. Intended to improve technology and reduce costs in the process, motion or on the move plastics are known to be plastics designed for use as automotive components. They are known to enable manufacturers to enhance both machine and systems quality in the finished-product. They are in demand for wide-spread use in a host of automotive components assembly and sub-assembly. They lay the foundation

AUTO COMPONENTS INDIA n FEBRUARY 2022

for further advancements and technological improvements in automotive components. According to Stephen Moreno Simpson, International Group Development, Igus GmbH these products are manufactured in accordance with the company’s guiding principle – plastics for longer life. “Our products are designed with passion to extend the service life of machines and applications, eliminate maintenance and reduce costs,“ he said. Speaking about the potential of motion plastics in the market, Deepak Paul, Managing Director, Igus (India) added, “Having achieved an impressive doubledigit growth over the past two decades in India,

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Cover Story Igus India’s range of motion plastics with its motto ‘tech up; cost down’ has been widely accepted across all manufacturing industries and units.” As the ninth largest market globally and the third largest market in the APAC region, Igus, in India, in the current year is claimed to be growing at 30 per cent above the previous recorded year on an average. It is expected to double its revenues to Rs.300 crore over the next three to four years. The company recently expanded its existing product customisation unit with the addition of a 10,000 sq.ft. operational area at Mahadevapura, in the Bengaluru facility with the intent to start an injection moulding unit in India. With opex on the rise, there is pressure on pricing finished goods. It has become essential for OEMs and component suppliers to optimise their costs. The company is banking

on low-cost tribo-polymers. These are commonly used in seat systems, thermally stressful applications in the engine compartment, in shift forks for gearboxes, in coolant pumps, or in the powertrain. With lightweighting turning crucial, especially post the transition to higher emission standards, these plastics are expected to be in demand. On the other hand, Buzz, Squeak and Rattle (BSR) are all noises that are produced by components and assemblies in the motor vehicle. The range of materials developed by Igus also includes materials with proven and effective damping characteristics.

Standout applications

Offering durable and reliable solutions for the automotive industry, motion plastics are here to stay. Known for delivering high performance, motion plastics are also corrosion-resistant and lubrication-free. Their predictable service life adds to their reliability. Such components that offer technical advantages are often more cost-effective than metallic components. Motion plastics can be found in the sliding roof, hinges, convertible roof systems, rear mirrors, brake systems, gearbox, headlights, gearbox actuators, shock absorbers, actuator, centre armrests,

Stephen Moreno Simpson, International Group Development, Igus GmbH

and seat systems. They are also found on throttle valves, steering gears, wiper and pedal systems, brake boosters, belt tensioner, cooling water controllers, radiator grilles - grille shutters, spoiler mechanisms, oil and water pumps, ABS systems, controlled intake manifolds among other part assembly.

Plastic bearing technology Igus plastic bearing technology is claimed to offer quiet, light, and durable bearings for automotive applications. Plain bearings, linear guides and coupling joints developed by Igus are deemed suitable for dynamic use and tough environments.

The igus® laboratory hosts over 15,000 tests and two billion test strokes annually. WWW.AUTOCOMPONENTSINDIA.COM

FEBRUARY 2022 n AUTO COMPONENTS INDIA

Break callipers

Pedal system

Hinges

over Story The high-performance polymers in them withstand extreme temperatures, vibrations, shocks, dirt and corrosion. They are lubrication-free, durable, maintenance-free and quiet with the added advantage of the light weighting characteristics that deliver higher performance in terms of build-quality and lower carbon footprint. As the industry transitions to e-mobility and quieter motors, requirements for components and modules have increased. These components need to be noiseless and ideally have dampening properties like BSR. Igus polymers are claimed to minimise the coefficient of friction and hence result in less wear and tear and a quieter operation. In addition to dynamic advantages in driving, strict environmental and emission specifications force automobile manufacturers to keep the weight of every component as low as possible. By replacing bearings made of metal with iglidur® plain bearings, the company is claimed to offer a significant weight advantage to the tune of 7x. Iglidur polymers are known to be improved by using solid lubricants after thorough testing. It offers a cost-reduction of up to 40 per cent and weight-reduction of up to 80 per cent. Self-calibration and flexible installation are some of the other advantages offered by these bearings. The company is claimed to offer an excellent price to service life ratio for diverse applications. The materials and solutions offered by these bearings can be customised and can be precisely matched to the housing and shaft tolerance. Some of the other characteristics to watch out for include tolerance adjustment, rattlefree bearings to compensate for tube tolerance in pedal systems, vibration dampening for mounting shift forks in gearboxes and dirt-resistance.

Other applications Turbocharger

The low clearance iglidur® plain bearings are applicable to e-coating processes in automobiles through e-calibration. It helps reduce noise

AUTO COMPONENTS INDIA n FEBRUARY 2022

Deepak Paul, Managing Director, Igus (India)

reliably in seat and hood systems and multi- joint hinges. Igus® e-chains® used in automobile, on the other hand, makes the energy transfer relatively easy. Energy supply chains can be adapted to the installation space and are especially used in on-board systems such as sliding doors, seat systems and other moving applications of the vehicle. Energy supply solutions are offered for the permanent supply of a kinematic system with energy and signals. Igus also offers 3D printing materials that are claimed to be wear-resistant and are particularly suitable for moving applications. They therefore guarantee a long service life, as well as high abrasion resistance of individual wear-resistant parts.

Sustainable practices

Igus® according to Paul is committed to manufacture products of the highest possible quality standards with innovation as the common underlying thread. The company, said Paul, recycles it’s plastics and reprocess a good 99 per cent into granules for production. With the plastics generating little friction, micro-abrasion is lowered. The sensors used in smart plastics indicate wear and tear. In addition to this, using a modular approach, there is no need to replace the entire application on wear leading to crucial resource savings. ACI WWW.AUTOCOMPONENTSINDIA.COM

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T Union Budget 2022 A Preview rending

The automotive components industry has set expectations from the Union Budget 2022. Ashish Bhatia shares the industry’s wishlist from the annual spectacle.

AUTO COMPONENTS INDIA n FEBRUARY 2022

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he Union Budget 2022 will be presented in the parliament on February 01, 2022, by Union Finance Minister (FM) Nirmala Sitharaman amidst the third wave of Covid-19 having a direct bearing on the fourth quarter of FY2022 (Q4FY2022). As the annual spectacle nears the allocation reveal for the

Trending Key ACMA recommendations q Upward Revision of RoDTEP rates

The Remission of Duties and Taxes on Export Products (RoDTEP Scheme) was introduced effective January 01, 2021, replacing the Merchandise Exports Incentive Scheme (MEIS scheme). However, the rates notified for the auto components sector at one per cent (1%) or lower are inadequate to cover the incidence of underfunded taxes and duties borne on export products. This is deterring the competitiveness of the Indian Auto Component industry.

q Investment Allowance

Provision to reintroduce investment allowance at 15 per cent (15%) for manufacturing companies that invest more than Rs.25 crore in plant and machinery. This will motivate manufacturers to invest in new technologies, specifically e-mobility and its components/ancillaries related to plant and machinery.

q Incentivising R&D Spend

To encourage domestic R&D and testing, it is recommended to retain the weighted tax deduction on R&D expenditure. The 2016-17 Budget reduced weighted deduction benefit from 200 per cent to 150 per cent (200% to 150%) and has further restricted the deduction to 100 per cent (100%) from April 01, 2020.

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automotive industry, its key stakeholders are ready with their wish list. Like every year, questions loom large on the direction the FM takes especially since it is the third calendar year on the trot that the industry is weighed down by the pandemic. Even though the industry is much more prepared this year, it is yearning for answers and a clear road map to align near-term recovery and propel long-term

growth plans. Will it or won’t it come good for the automotive components ecosystem as a whole is the big question! Will it be tilted to address supply-side concerns or will it incentivise demand through direct and indirect measures and will the FM pull off the balancing act? A must to in turn boost the sectoral prospects and satisfy the stakeholders with a validation of the government

Sunjay Kapur, President, ACMA

Ashwath Ram, Managing Director, Cummins India Ltd.

FEBRUARY 2022 n AUTO COMPONENTS INDIA

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Farrokh Cooper, Chairman & Managing Director, Cooper Corporation

as the apex body of the Indian auto component industry has emphasised the need for a uniform Goods and Services Tax (GST). It has also called for an enhancement of Remission of Duties and Taxes on Export Products (RoDEPT) rates along with measures to encourage capital investment in the auto components industry. Spearheading the recommendations for the forthcoming budget, Sunjay Kapur, President, ACMA emphasised, “The auto component industry, being an intermediary, has recommended for a uniform GST rate of 18 per cent on all auto components.” Deemed to have a significant aftermarket presence and operations, he admitted,

Image courtesy: Reliance-foundry

continuing to extend support. Leading up to the budget, the government has made itself clear. It wants to emerge as a trusted partner in the global supply chain. The industry is hoping it walks the talk too with the fine print of the budgetary allocations reflecting it. In the words of Prime Minister Narendra Modi, the government is working to improve ease of doing business, simplify tax structures and make improvements in the context of retrospective tax. To make India an attractive destination for global investment, the government will look to walk the talk on home ground. The Automotive Components Manufacturers Association (ACMA)

Yash Jinendra Munot, Vice President, Association of Indian Forging Industry (AIFI)

AUTO COMPONENTS INDIA n FEBRUARY 2022

Gajanan Gandhe, Country Head at Dana India

that the industry was weighed down by grey operations and counterfeits for which he blamed the high GST rate of 28 per cent. “A moderate rate of 18 per cent will not only address this challenge but will also enhance the tax base through better compliance,” he explained. Admitting to the automotive industry going through one of the most challenging, yet interesting times, ever, and disruptions due to the pandemic, new technologies and regulations redefining mobility, Kapur also drew attention to timely steps already taken by the government. “The recent policy announcements by the Government on the Production Linked Incentive (PLI) scheme for Advanced Chemistry Cell (ACC) Battery, PLI for the auto and auto components and extension of the FAMEII scheme are indeed very timely measures and will facilitate the Indian automotive sector to become an integral part of the global automotive value chains as also staying relevant,” he expressed. ACMA, in addition, has separately notified the government on reducing the cost of doing business and hence enhancing the ease of doing business in India. Kapur hailed the focus of the government on the environment, energy security and vehicular safety fronts calling it imperative for the auto components industry to invest in newer technologies and create capacities to meet the growing domestic demand for such products. In the Union Budget 2022, as per Kapur, WWW.AUTOCOMPONENTSINDIA.COM

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Prashanth Doreswamy, President and CEO, Continental India

Amarjit Sidhu, Executive Director, Detel

facilitating investments for capacity building and encouraging Research & Development (R&D) and new product development will be a step in the right direction. It will be interesting to see how the FM keeps aside fiscal concerns while allocating public spending to boost the demand sentiments. Echoing a similar sentiment, Ashwath Ram, Managing Director, Cummins India Ltd. said, “India must continue its multi- year spend on infrastructure to sustain growth. We cannot slow down spending even if it is slightly inflationary in the short term. More support is needed for manufacturing as we are still reeling under the effects of Covid-19 to sustain long term growth and capital buildup.” Drawing attention to the importance of liquidity for manufacturers, he stressed the need to avail capital at cheaper rates to in turn invest in equipment for growth. To encourage exporters, Ram called for the need to bring in Special Economic Zones (SEZs) under RoDTEP and for the rates of payouts from the schemes to match the actual double taxation costs. He also called for extending the PLI scheme to manufacturers of electrolysers for H2, H2 in Internal Combustion Engines (ICE) and flex-fuel engine production equipment. He called upon the FM to look at exportfocussed projects in manufacturing where there is a need to incentivise for better scalability and business sustainability. Farrokh Cooper, Chairman & Managing Director, Cooper Corporation

called for a balancing act. He said “The forthcoming Union Budget for 2022 should emphasise measures to help the Indian economy recover from the pandemic and to boost consumption-led demand.” “The auto industry expects relief from the Union Budget in multiple areas. To achieve sustainable growth, business communities should be encouraged to invest more in industry and businesses,” he added. Cooper called upon the government to fix industry income rates for at least five years for industrialists to plan long-term financial and take appropriate decisions about investment in the respective industries. Speaking for Ministry of Micro, Small & Medium Enterprises (MSMEs), Yash Jinendra Munot, Vice President, Association of Indian Forging Industry (AIFI) said, this year, there are

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Anurag Garg, Managing Director and Country Head, Vitesco Technologies

expectations of a good, progressive, and balanced budget from all MSME’s, including the forging industry, due to the rough patches the industry has seen with current chip shortages and the pandemic and keeping in mind that the industry has not fully recovered with the heavy investment done for BSVI implementation. He cited the large cash flow block with some value-added products at 28 per cent bringing attention back to the need for rationalisation of the GST rates (at 18 per cent). Additionally, he urged the government to look at reducing import duties on steel to meet the current shortfall and make Indian steel prices competitive under the ‘Make in India’ initiative. Munot backed the call for eligibility for a benefit on the duty structure. He hailed the continuous efforts

FEBRUARY 2022 n AUTO COMPONENTS INDIA

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to simplify and streamline Indian tax laws, and going forward expressed the industry’s anticipation for consistency in tax and regulatory policies, as well as their interpretation, this year. To achieve Industry 4.0 capability, Munot called for the allocation of funds through FDI schemes and new investment allowances to further encourage investment in technology. He also called upon the FM to clear the scrappage policy at the Ministry of Finance level to further boost demand across segments of the auto sector besides quick implementation of incentives for scrapping old and purchase of the new vehicles going forward. Drawing attention to the automotive industry contributing 7.5 per cent to the GDP, Gajanan Gandhe, Country Head at Dana India, opined that there is immense pressure on the industry to recover. The need of the hour is a booster shot, he quipped. Setting aside the tremors of the third wave, Gandhe called it “interesting” times for the sector. He said, “The disruptions caused by the pandemic have led to emerging new technologies and regulations that are redefining the future of mobility. As the mobility industry shifts to place greater emphasis on green energy and electrified vehicle programs, the sector needs a strategic direction for an efficient recovery. The Union Budget 2022-23 could prove to be that booster shot that relieves the industry of some grave challenges and help with a resilient comeback.” Adding to the wishlist, Gandhe cited the need for a strategic, long term plan and outlay that aids year-long recovery and helps improve consumer demand that has collapsed. He advocated the need to look at multiple means, some of which, he added, are already being implemented by the GoI such as the PLI scheme, lower corporate income tax for new companies etc. Not mincing words, he said, however, more needs to be done. In addition to the steps already taken by the GoI, Gandhe echoed the industry sentiment by urging a reduction of the GST like mentioned above leading to better compliances as the tax base improves besides seeking tax incentives for encouraging investments in R&D too.

He also called for the need to bring petrol and diesel under the purview of GST to help streamline the costs impacted by fuel. In addition to the industry’s demand for revisions to RoDTEP, he also called for the need for export subsidies to help manufacturers tackle counterfeit, forged products known to have spiked in the last two years. To boost the EV segment further, Gandhe called for encouraging investment in EVs through measures like reduction in GST for electric two-wheelers, and EV batteries. He also called for an increase in tax SOPs for EVs and charging units in order to push the sales. He hailed the GoI measures like PLI in the battery pack and cell manufacturing as a step in the right direction given that the battery accounts for over 40 per cent of the cost of the EVs, on an average. On indirect measures to uplift the sector further, income tax for salaried employees has to be brought down, he opined. He also called for enhancing the tax-free Provident Fund amount and the increase standard deduction. He also urged the FM to boost investments in semiconductor chip manufacturing, high-end electronics controls, rare earth magnets and other critical components of EVs to make the

AUTO COMPONENTS INDIA n FEBRUARY 2022

country a significant source of lowcost manufacturing for exports other than China. Amarjit Sidhu, Executive Director, Detel urged the FM to include the EV industry in the priority sector lending list to boost e-mobility in India. He shared, “We expect the government to announce some specific SOPs, especially in the EV charging infrastructure segment. With the promotion of clean energy priority on the governments’ agenda, we would welcome it if the government could encourage various green technology policies and incentives to promote WWW.AUTOCOMPONENTSINDIA.COM

Trending Aaaditya Thackeray, Minister Tourism, Environment and Climate Change Protocol recommends consistent and radical financial reforms, to facilitate EV transition and adoption in the country in his letter to FM Nirmala Sitharaman. Maharashtra recorded a 153 per cent growth in EVs over 2020-21.

q Priority Sector Lending With the cumulative investment in EV transition between 2020-30 estimated at Rs.19.7 lakh crore (USD 266 bn), public and private sector lending banks are accelerating capital deployment to meet this potential. However retail lending to support customers and institutions in financing EVs has been slow to pick up. Banks and NonBanking Finance Companies (NBFCs) currently hesitate to lend for EV’s due to perceived and real asset and business model risks. q While financing is available, customers are unable to obtain interest rates and tenures comparable to internal combustion engine vehicles. q The inclusion of EVs in the Reserve Bank of India’s (RBI’s) guidelines can encourage the financial sector to mobilise necessary capital. q The liberalised and time-bound custom-duty regime At present India’s supply-chain WWW.AUTOCOMPONENTSINDIA.COM

ecosystem and manufacturing process for EVs requires more international exposure. q Pioneering companies like Tesla, BMW, Rivian, Audi must be given a time-bound concessionary customs rate for the import of vehicles for retail sale. This will drive the aspirational value in the market, boost investment in our supply chain, and encourage the start up ecosystem to follow the lead of such companies. A similar approach has been taken across emerging markets worldwide. q The concessionary rate should be for a maximum period of three years or a defined import limit for any other company wishing to import vehicles for retail sale or import of international standard components for making an EV. q The concessionary rate could

also be given in return for a fixed investment guarantee in India’s auto supply chain or charging infrastructure which could be to the tune of the customs’ revenue the government forgoes relative to the current tax regime. This could be assessed annually. q The current tax regime for importing CKDs, CBUs and SKDs are not well-aligned with the EV ecosystem. The assembly of EVs and ICE engine cars needs to be differentiated given that every EV has a distinct framework. Therefore a broad based standardisation in this regard in the customs duty code may not be feasible given the early stage of manufacturing development of EVs. q The Government of Maharashtra will lead the way in the mass-scale adoption of EVs extending all possible support to the industry. FEBRUARY 2022 n AUTO COMPONENTS INDIA

rending

sustainability among EV automakers.” Drawing attention to the supplychain bottlenecks, Prashanth Doreswam Country Head, Continental India and Managing Director, Continental Automotive India expressed hope on the PLI scheme further expanding this year. He cited the unanimous call for the reintroduction of investment allowance at 15 per cent for manufacturing companies investing more than Rs.25 crore in plant and machinery as a move that will complement the PLI scheme to attract more investments in the sector. Anurag Garg, Managing Director and Country Head, Vitesco Technologies, India urged the need to address the recurrent price hikes that OEMs are compelled to make. He explained, “The market is very volatile, and the automobile prices are increasing every three-four months due to incessant price hikes in metals and various other issues for which GST reduction is quintessential.” In addition to citing the common pain points echoed by industry peers, Garg welcomed the focus on renewable energy. “The Hydrogen Energy Mission and focus on solar energy will help meet our energy requirements in the future adequately,” he opined. “Ease of doing business” has been a buzzing phrase leading into the Union Budget 2022 and is expected to be addressed comprehensively too. It particularly came into light with Elon Musk, Chief Executive Officer at Tesla citing the delay in India rollout as a result of the pending resolution of issues with the government, engaging in his usual Twitter repartee that also got him

attention from various state-heads in the country. A step in this direction would be hailed by both domestic and international component suppliers looking at India as their base.

Inclusion of EVs in priority sector lending

Looking at the cumulative investment of USD 19.7 lakh crore between 2020 and 2030, there is a need for higher liquidity and a lower cost of capital for EV assets and infrastructure if EV sales were to reach a 30 per cent share as envisioned. NITI Aayog and the World Bank is expected to help meet the gap. To encourage the financial sector to mobilise the necessary capital, the inclusion of EVs in the Reserve Bank of India (RBI’s) Priority Sector Lending (PSL) guidelines has the potential to complement the USD 300 mn facility. PSL mandates banks to direct a specified percentage of bank credit to priority sectors. For example, Axis Bank and the United Kingdom’s Private Infrastructure Development Group (PIDG) announced a capital financing guarantee of Rs.1500 crores (USD 200 mn) for manufacturing, distribution and servicing of EVs, batteries, components and charging infrastructure. Financial Institutions (FIs) are yet to increase lending to the estimated level of Rs.40,000 crores (USD Five billion) by 2025 and Rs.3.7 lakh crores (USD 50 bn) by 2030. The additional policy and market measures expected to benefit the sector include state-level fiscal incentives, open data on vehicle performance,

AUTO COMPONENTS INDIA n FEBRUARY 2022

industry-led buyback programmes, and loan guarantee facilities. In comparison, global government support to financing EVs includes a risk-sharing mechanism, interest rate-free loans, state EV authority in countries like Australia, the United Kingdom and the United States of America. That apart tradeable PSL certificates will allow banks with excess lending to sell credits to banks that are unable to meet requirements. The parameters to assess segments for PSL inclusion for EVs include the socioeconomic potential, livelihood generation potential, scalability, techno-economic viability, and stakeholder acceptability. Lending limits apply to EV segments with a higher variation of cost to concentrate priority sector lending towards mass-market adoption. The RBI could consider including all EV segments under the PSL guidelines. To boost PSL further, sub-target for clean energy solutions, the inclusion of EVs as an infrastructural subsector, a reporting loan category and loan guarantee programs have been identified as crucial elements. Complementary initiatives include product guarantees from OEMs to ensure financiers of product quality and performance. State EV policies are expected to engage OEMs, aggregators and e-commerce through state-level targets, interest rate subvention schemes in order to create a learning curve for financiers. E-three-wheelers here have been identified as high-risk segments. OEMs need to be incentivised to assure buybacks and warranties. State EV policies of Assam, Goa, Gujarat, Himachal Pradesh, Meghalaya, Odisha, Rajasthan, and West Bengal were notified. Karnataka EV policy has undergone a set of revisions, including the announcement of capital subsidies for manufacturing and initial proposals for demand incentives and other concessions for EVs. Maharashtra EV policy is revised to offer the additional demand, supply, and charging infrastructure. ACI ---------------------------------------------Watch out for the Union Budget 2022 Auto Components Industry Special post the announcement on February 01, 2022, in our 7th Anniversary Issue. WWW.AUTOCOMPONENTSINDIA.COM

T T Smart Tyre Generation

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The future of mobility is dependent on advanced wheels. Sumesh Soman looks at the smart tyre generation from JK Tyre.

yres are turning smart too. JK Tyre & Industries Ltd. (JK Tyres) has gone down that route to get the early mover’s advantage. Its smart tyre generation is claimed to be a segment first. With a cloud-based monitoring system as its building block, the smart tyres warrant the maintenance through timely diagnostics. It makes use of sensors integrated into the Tyre Pressure Monitoring Systems (TPMS). The sensors relay updates on parameters crucial to assessing tyre health via multiple digital platforms like the company’s indigenous ‘TREEL Care’ app and web page. Averrred V.K. Misra, Technical Director, JK Tyre & Industries Ltd., “Our objective was to have a sensor fitted within the tyre as one whole unit.”

The working principle

An ID sensor fitted in to the smart tyres, captures and relays crucial big data. This feedback is relayed in real-time. The Bluetooth enabled data on pressure and temperature makes the data available

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on the smartphone providing easy access. The tyre technology paves the way for early prognosis over the prevailing practice of diagnosis. In effect, this allows for early detection of issues and the deployment of timely preventive measures to avoid downtime. The tyre is also claimed to deliver higher fuel efficiency of up to four to five per cent leading to carbon emissions reduction. In addition, through this technology, the tyre life is expanded thereby minimising operational expenses. Monitoring all aspects of the tyre, the smart tyre screens the tyre’s vital statistics, including pressure and temperature. The information collected by this smart monitoring system is further relayed on a real-time basis to the vehicle owner’s smartphone via Bluetooth on to a mobile application. Additionally, the sensor-enabled technology helps the customers maintain optimal tyre pressure ensuring better on-road safety. The technology is compatible with cars, bikes and heavy commercial vehicles like trucks and buses. It is available in three variants for cars -Smart Tyre Sensor Car Kit Valve; MTrac Smart Sensor Car and Truck Kit Valve and MPower Smart Sensor Car Kit Valve. Similarly, it is available in two variants for bikes -Smart Tyre Sensor Bike Kit Belt and MTrac Smart Sensor Bike Kit Belt. Commenting on the launch of the smart tyre, Raghupati Singhania, Chairman & Managing Director, JK Tyres & Industries Ltd. said, “JK Tyre has always been on the forefront of innovation and technology. Being the market leaders in the Indian tyre industry, we have once again lived up to our leadership role by delivering ‘Smart Tyre’ - an extension of our promise of providing advanced mobility solutions to our customers.” Referring to aggregators, he added, “This technology provides an enhanced value proposition to vehicle owners, particularly fleets, by reducing their operational costs.” FEBRUARY 2022 n AUTO COMPONENTS INDIA

rending JK Concept Tyres

n Puncture Proof Tyres: Punctures are common on Indian roads. This unfortunate situation can jeopardise a driver’s safety. Tyre puncture repair is a tedious task and to address this issue, JK Tyre has introduced punctureresistant technology. A concept developed for cars and two-wheelers, the puncture-proof tyre has unique sealants known to form a protective layer that repairs puncture on its own and thereby claimed to ensure a hassle-free and safe drive.

Dr. Raghupati Singhania, Vice-President, JK Organisation, and,Chairman & Managing Director of JK Tyre & Industries Ltd.

Future of tyre technology

With Bluetooth, smart tyres can be used to track cars for fleet owners with GPS. The company is on talking terms with Original Equipment Manufacturers (OEMs). Misra stated, “We are also approaching OEMs to fit this in their vehicles and working closely with them. We are approaching each one of them to make the sensorenabled compatible with the vehicle system, for example.” Misra further explained that all the sensors can be connected to a pod, and that pod is connected to the cloud. So, one can track the vehicle, performance of tyres, pressure, the position of the tyre remotely. There is an in-built anti-theft mechanism to alert on tyre theft attempts too. The company is confident of its ongoing developments paving the way for new inclusions in the system going forward. To back its claims of benefits, the company undertook surveys where a majority of the owners were found to run tyres with low-pressure and or running on high-pressure. Those driving at the prescribed OEM pressures were far and few. The smart tyre generation will be manufactured in Pune at a dedicated JK Tyre plant. It’s all claimed to be indigenous with 24 x 7 aftersales assistance on offer. ACI

AUTO COMPONENTS INDIA n FEBRUARY 2022

n EV Tyre: The electric vehicle industry in India is evolving and JK Tyre is ready to cater to the needs of the EV industry. These next-gen tyres have an optimised tread pattern which is ideal for EVs. Loaded with features like low rolling resistance, low noise emission and superior wet traction, these EV tyres offer a greener and environment-friendly drive. n Coloured Tyre: One of the most attractive and eye-catching products from the JK Tyre stable, the coloured tyres are for the auto enthusiasts who do not think conventional. These coloured tyres are made from the specially formulated coloured rubber compound and are available for cars and twowheelers. n Fuel-Saver Tyre: The next generation of fuel-efficient tyres-the XF series, is built on the cutting edge advanced JETOCT technology, which helps improve tyre efficiency by saving up to eight per cent fuel in comparison to normal radial tyres. n Tubeless Radials: Designed to meet the emerging needs of fleets, these next generations of tubeless Truck and Bus Radials (TBRs) are developed with a new silica compound, which provides longer life, fuel savings and lower cost of operations.

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pfront

Smart Tyre Technology In an upfront conversation, V.K. Misra, Technical Director, JK Tyre & Industries Ltd. spoke to Sumesh Soman on the tyre technology to watch out for. WWW.AUTOCOMPONENTSINDIA.COM

FEBRUARY 2022 n AUTO COMPONENTS INDIA

pfront

Q. How different are car radial sensors from truck and bus radials? A. Only the sensor size is smaller in the former. For trucks and cars, where the sensor size is similar, the mounting arrangements are different. Elements are different too, for example, how the sensor is fitted on the tyre is different while the technology in principle remains the same. Q. What is Fuel Saver technology? A. We came up with the concept of ‘Fuel Saver’ owing to the pressure on rolling resistance. Primarily, we came up with the fuel saver technology for a commercial vehicle. The biggest cost for any commercial operator is fuel. So, if you can give somebody the benefit of fuel-saving, and if you can demonstrate and prove it, then people are willing to adopt and buy the product. Since we’ve come up with this product we reduced the Runflat System Component (RSC) to an extent along with some other changes in the product. Changes in the design, the construction, the material, and the compounds brought down the fuel consumption to about eight per cent. And, and it was humongous, we are still doing some more work on bringing this technology. So far, we’ve brought this technology into two TBR categories of products, particularly in 20-inch size tyres. We’ve also introduced this into tubeless TBS.

The idea behind this is primarily giving the customer a product, which can bring their cost of operations down. Of course, the only thing that one has to ensure is not to compromise on any other performance parameter. For instance, the mileage might vary by five per cent or so, but that’s nothing compared to the eight per cent saving during the life of a tyre that runs an estimated 80,000-100,000 kms. You can imagine the kind of savings; your tyre cost is recovered. In fact, we have calculated, the whole set of tyres are paid for if you apply this tech to your vehicle. Q. How soon can the fuel saver technology be made available on tubeless tyres? A. We have initially launched it in the tube-type tyres, and we are ready

“ There is a variation from driver-to-driver when you’re doing an instrumented test. So, to eliminate this the steering robot came into existence.” with the tubeless tyres as well. It’s only a matter of time before we launch it in the tubeless range as well. So, the mileage must be either the same or a little better. That is our target and the product is under evaluation. Fuel-saving is confirmed and you know, in between there was the pandemic and the vehicles were not running. We have to run up to 50,000 or 50,000 plus kms to establish the mileage.

“ The biggest cost for any commercial operator is fuel. So, if you can give somebody the benefit of fuelsaving, and if you can demonstrate and prove it, then people are willing to adopt and buy the product.” 32

AUTO COMPONENTS INDIA n FEBRUARY 2022

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Upfront “We were looking at uniformity in rolling behaviour. Secondly, the material behaviour should not be subject to temperature change and the third was noise reduction.” Q. Could you explain the steering robot technology? A. There is a variation from driver-to-driver when you’re doing an instrumented test. So, to eliminate this the steering robot came into existence. We were the first company to buy this. It basically eliminates the impact of a driver, so the steering robot actually takes over and you can almost consider that the car turns autonomous. So, the driver doesn’t have control, it’s the steering robot that has control and provides input. So, the input is perfectly accurate sans the human intervention. You will give that important input and the robot will control the steering, that’s why it is called the steering robot. Q. How much of a help is the steering robot when it comes to testing tyres? A. From an objective data point of view, it’s apt for repetitive tasks and very consistent. This makes it suited for the task. We have found that the results we are able to give are very consistent in terms of output. Q. Could you explain the workings of the punctureproof tyre? A. It was my pet project. WWW.AUTOCOMPONENTSINDIA.COM

We’ve been working on it for about two years and now we are almost ready for the launch of the product. The target was to come up with a technology that enhances the performance of the product while making it puncture less. Now, whatever that is put into the tyre, it adds to the weight. And we were looking for a few things, firstly, we were looking at uniformity in rolling behaviour. Secondly, the material behaviour should not be subject to temperature change and the

third was noise reduction. We have achieved that and it took us some time. We’ve tested the material by puncturing it at 12 different locations and running it for 10,000 kms without a pressure drop. And then we took the same tyre and punctured it 250 times and ran that for another 20,000 kms to establish no air leaks. We are ready with the product. Now we just have to wait to be ready to cater to the demand and surplus production to be up and running before the launch. Q. Will it be applicable on just passenger vehicles? A. For the time being it is for passenger cars but we are going to be doing it for bikes very soon. Because technology will be the same. Only the spring techniques, the machines, the sizes of the rims are different. The type of spray system will be slightly different too but the principle will remain the same. Primarily for tubeless tyres because the principle doesn’t apply to tube tyres. Q. What does the transition from ICE to EV mean for the company? A. We are very well working in parallel to align with the EV technology. There are a few important aspects though that we must consider. It should have a resistance to high torque, actually instant torque. It should have low rolling resistance and lastly, it should have low noise because apart from the tyres and steering there isn’t anything that moves in an EV. ACI FEBRUARY 2022 n AUTO COMPONENTS INDIA

lobe Scan

New Generation

Valeo LiDAR

The new generation Valeo LiDAR could hit the market in 2024. Deepti Thore brings out the latest advancements.

A 34

AUTO COMPONENTS INDIA n FEBRUARY 2022

dvanced Driving Assistance Systems (ADAS) are headed towards level 3 automation. Case-in-point, the third generation scanning Light Detection And Ranging (LiDAR) capability from Valeo. Set to hit the market in 2024, it made its debut at the recently held CES 2022 (Watch out for the CES 2022 Auto Components Special in our upcoming issue).

The company is known to have earmarked USD 50 bn in a phase wise investment strategy leading up to 2030. Talking about this new generation scanner, Geoffrey Bouquot, Senior Vice-President, R&D and Strategy, Valeo, said, “Valeo’s third generation LiDAR is a major technological advancement toward the fully-autonomous WWW.AUTOCOMPONENTSINDIA.COM

Globe Scan vehicle.” “This upgrade strengthens Valeo’s technological and industrial leadership in the field, when it was already the only supplier on the market currently series-producing an automotive-grade LiDAR scanner,” he opined. By introducing this new technology, Valeo’s objective is to save lives on the road, he stated. Designed and manufactured by Valeo, the LiDAR system can be broken into the hardware, the software and the associated Artificial Intelligence (AI). This technology has the “brain” that combines collected data and enables the vehicle to instantly make the right decision. Produced in Germany at Valeo’s Wemding plant, in Bavaria, the new LiDAR is equipped with software claimed to automatically adapt to the environment and improve its performance over time through regular Over The Air (OTA) updates. Claimed Bouquot, its components are assembled with micron level precision. Over 300

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Geoffrey Bouquot, Senior Vice-President, R&D and Strategy, Valeo

engineers were deployed by Valeo and these resources were dedicated solely to the LiDAR development. Notably, over 500 patents are known to have been filed. The project is backed by state-of-the-art plant production lines that exploit Valeo’s expertise in optics, mechanics and photonics (the branch of physics that focuses on the emission and detection of light particles, or photons).

FEBRUARY 2022 n AUTO COMPONENTS INDIA

lobe Scan

Capability and key features

LiDAR has the capability to work like radar with the exception of being able to use light beams. Claimed to be cutting-edge, the technology combines a broad field of vision with a vast detection range further boosting the safety levels in autonomous driving. Apart from technical benefits, the LiDAR stands out with what the company claims is an affordable price tag. With significant enhancements to range, resolution and frame rate, the new technology reconstructs a 3D image, in real-time. The image rendered is of the vehicle’s surroundings at a rate of 4.5 mn pixels and 25 fps. Compared to the previous generation, the resolution has jumped 12-fold. The range by three-fold and the viewing angle by 2.5-fold. It’s unique perception capabilities are claimed to pick up signals missed by humans, cameras and radars. This means that driving can be delegated to the vehicle in many situations (level 2 automation and above), including on the highway at speeds of up to 130 kmph. The L3 scanning LiDAR can manage emergency situations with high autonomy.

Not only does the LiDAR detect, recognise and classify all objects located around the car, but if the objects are moving, it also detects their speed and direction. Easily adaptive to all light conditions, bright light or pitch black, it also measures the density of raindrops to calculate the right braking distance. The LiDAR is capable of detecting approaching vehicles and beyond to include vehicles no longer in the driver’s line of sight. Using advanced algorithms, it is claimed to anticipate their trajectories and trigger the necessary safety manoeuvres. Passenger safety and pedestrian safety are both high on the agenda. It is well integrated into the cloud. Valeo has also added another LiDAR to its existing collection of

AUTO COMPONENTS INDIA n FEBRUARY 2022

long-field vision range scanners. Valeo’s NFL (Near Field LiDAR) made its world premiere at the CES 2022 show too. Claiming to be the only company to mass produce scanning LiDAR on an industrial scale and already had them installed in cars, Valeo is known to have produced over 1.5 lakh units with a 99 per cent on-road coverage when it comes to LiDAR equipped cars. The company expects up to 30 per cent of premium new vehicles to reach level 3 automation by 2030 as per Bouquot. Autonomous shuttles, robotaxis, delivery droids, autonomous trucks or the agriculture, mining and infrastructure sectors also fall within its purview making for a strong business use case. ACI

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