This is not just limited to building metros in big cities.

According to industry experts, people carriers like buses, two- and three-wheelers, luxury passenger vehicles, and light commercial vehicles could see maximum penetration by 2030. The government’s “Make in India” initiative has played an important role in elevating country’s position.

Risk The prolonged demand …

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BLG LOGISTICS is the leading automobile logistics specialist in Europe and has at its disposal terminals on the sea, on major rivers, and inland. Metals & Mining Similarly, Hyundai and Volkswagen are using their factories in India as a global hub for compact hatch and sedans.For a long time, India has been known as a hub for frugal engineering. But Linamar, which focuses on manufacturing transportation parts and machinery, has also taken on five contracts to produce fully assembled ventilators.“We are often questioned on how we will handle a changing landscape,” said chief executive Linda Hasenfratz. The scale might be different, but these markets experience similar opportunities and challenges—a burgeoning consuming class, value-focused tastes and preferences, and an evolving manufacturing ecosystem, among other attributes.Companies that have developed products in India and for India have been able to find markets in other continents as well. Paper, Forest Products & Packaging In the past three to four years, India improved on nine out of ten parameters for ease of doing business.Although there is still a long way to go before India becomes a leader in the manufacturing arena, companies in the automotive sector are embracing this opportunity to leverage India as a hub for low-cost, high-quality products. These include dependence on China for raw material, competitive disadvantage in power electronics and battery manufacturing, and lack of infrastructure—for example, there are fewer than 1,000 charging stations in India. Hasenfratz cited a tough harvest last year, tariffs, and political backlash that is “hurting” North American farmers, particularly soybean and canola farmers and Canadian farmers.Overall, the manufacturer said it recorded a net loss of $37.9 million or 58 cents per diluted share, compared with a net profit of $150.2 million or $2.28 per share in the same quarter of 2019.Despite the slide, Hasenfratz estimated that the second quarter is the trough or low point for the pandemic, but said that even in the case of a second shutdown, the company forecasts being profitable.“There is still a lot of uncertainty out there and now is not the time to become complacent,” she said.Hasenfratz said the company had cut capital spending by 18 per cent, and had scraped out about $30 million in annualized savings.Linamar said its normalized net loss totalled $22 million or 34 cents per share for the quarter, down from a net profit of $158.3 million or $2.40 a share.Analysts expected a net loss of $72.45 million or $1.34 per share, and a normalized net loss of $23 million or 80 cents per share, according to financial markets data firm Refinitiv.In addition to trimming travel expenses and taking advantage of government relief, Hasenfratz said the company was able to save on costs like uniform cleaning and trash collection when fewer employees were present at workplaces.Although the workforce has seen “sporadic cases” of COVID-19 popping up, more than 90 per cent of employees are back to full-time work and the company has contained and stopped any transmission onsite, she said.“We have had no serious outbreaks in any of our plants,” she said. Please email us at: We strive to provide individuals with disabilities equal access to our website. Organization

India is yet to see mass-market EV platforms, but both incumbents and new entrants are making efforts and the inflection point of volume growth may not be too far out.However, this trend requires careful planning and execution, as there are certain risks associated with it. Noch mehr gebrauchte Autos und Neuwagen diverser Marken gibt es bei …

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