Bharat Forge It is one of the largest manufacturers of precision components in India.

Mumbai: The decision to penalize fuel-wasters and switch to electricity to meet transportation needs is spurring innovation in a key aspect of the value chain: component manufacturers.

Anuragagaga Jain, Managing Director, Endurance Technologies, on this month’s financial report conference call, “We are getting into the aluminum forging business and have started manufacturing inverted fork triple clamps and active clamps.” Vehicles with electrical systems will also benefit from the program.

ICICI Shashank Kanodia “This is a very new trend as everyone wants to reduce the weight of the vehicle in the best possible way to control emissions.”

Bharat Forge It is one of India’s largest manufacturers of precision components focused on improving lightweight production. In its annual report, the Pune-based company said, “Stricter emission standards will accelerate the shift to lightweight technology.”” “We are looking at structural components for the automotive and industrial segments with a focus on aluminum. The Nellore lightweighting plant is expected to be operational in 2019 later this year and we are receiving orders from domestic and international automotive customers. The company invested 20 for the plant A joint venture with Refu than, Electronic in Germany to produce electronic components.

“You have seen the shift from steel forging to aluminum die casting and now we are moving from aluminum die casting to aluminum forging. Of course, aluminum forging is a very new technology for India and so far we haven’t seen a lot of materials companies doing it. Domestic component maker Minda Industries is investing around Rs 125-150 crore in capital expenditure and is setting up a dedicated sensor plant to meet the upcoming emission standards, said Jineshh Gandhi, head of research at Motilal Oswal. It would be great if the government plays an active role in selecting highly polluted cities like Delhi. Minda Industries Sunililil Bohra said:

Meanwhile, Setco, which makes clutches for medium and large commercial vehicles, has decided to shift from passenger cars to tractors. Mahindra Cie enters the aluminum die casting segment with the acquisition of Aurangabad Electricals.

Bosch is launching a global solution for electric vehicles. In addition to batteries, you’ll find converters, inverters, chargers, and moving parts. “We believe the order of electrification will be three-wheelers, two-wheelers and then city buses/vehicles. We are at an advanced stage and are working with specific customers in the three-wheeler and two-wheeler electrification segment. said Dr. Bhattachrya Soumitra, MD, Bosch Ltd.

Other component manufacturers affected by the introduction of electric vehicles include Motilalala Oswal Gandhi. Amara Raja They said they are committed to manufacturing lithium batteries for electric vehicles. “The new standards and transition to EVs will be seamless, but there could be challenges at the market level.” Gandhi said it is not a matter of demand level: