Category — Automobile
The Wall Street Journal cites the Naukri Job Speak Index which records an increase of 22% in hiring activity from a year earlier. Since May this year, hiring activity was up 6.8% the report said.
The index is measured on the basis of job listings added to the site every month. The company says more than 48,000 clients are using the website.
Sectors reporting hiring gains:
- Telecommunications recorded a 44% year-over-year increase in June
- Outsourcing services rose 42%
- Healthcare sector saw a 37% increase in new job activity
- Software services increased 19%
- Auto and auto ancillary recorded a 14% gain
Sectors reporting hiring losses:
- Construction and engineering sector fell 15%
- Real estate recorded a hiring fall of 9%
- Oil and gas hiring dipped 3%
Banking, financial services and insurance, and pharmaceuticals sectors were stagnant.
July 25, 2016 No Comments
Autocar Professional interviewed Chris Reider, vice-president, Global Engineering Packard Electrical/Electronic Architecture, Delphi, on the company’s operations, growth dynamics and the business opportunity that is India.
Here are some excerpts…
On benefits for Delphi in expanding the Chennai Technical Center
Reider: The Chennai facility has become one of our key hubs for global product development and manufacturing to support our connection systems business worldwide. This is a technical center we rely on globally and, importantly, it is setting us up for future growth with local Original Equipment Manufacturers. With this capability, we can localize our development as well as manufacturing of products.
On the growth opportunity in India for Delphi’s connection systems business
Reider: We see opportunity in all our electrical architecture business. We have a broad portfolio of products, particularly in connection systems, housing and terminals. We also anticipate (new business in) high-speed cable assemblies, communication and infotainment systems which will be localizing here in India.
On how much India contributes to Delphi’s global operations
Reider: India is a long-term strategic market for us in engineering. It is a unique place where we have an opportunity to grow revenues with the local market but also leverage the capabilities that we have in India in terms of universities aligning with our business.
We are continuing to invest in our people, infrastructure, manufacturing processes and particularly in our core competencies in India. We are leveraging Indian capabilities and it will pay dividends for us in terms of our global growth.
On how India compared to other Asian markets
Reider: India is a little behind countries like China, which is moving faster in its evolution in terms of high-end premium vehicles. I am optimistic about the growth of the Indian market. There will be a number of external factors which influence the rate of growth in India. Government regulations and infrastructure in the economy will decide how fast the automotive market will grow. I am excited about the future in India – it will bring tremendous challenges but great opportunities too.
April 13, 2016 No Comments
In collaboration with Larsen & Toubro Technology Services, Scania, Sweden’s automotive industry manufacturer, recently inaugurated its new research and development center in Bangalore.
The R&D office in India, with approximately 100 development engineers, is primarily focused on localizing and adapting Scania’s buses and trucks for the Indian market as well as for other emerging markets.
“It’s difficult to work in Sweden and understand the needs here,” says Örjan Rasmusson, Director of R&D in India. “The products here need to be simple to both use, maintain and repair. We make full use of Scania’s modular system to produce vehicles that match the very specific needs of the Indian market. But since we historically have been very focused on Western Europe, we lack some performance steps for the emerging markets.”
In India, Scania has highlighted the benefits of alternative fuels, particularly ethanol, not only for reducing emissions but also as a means of making use of locally available resources while productively addressing growing problems of waste disposal and wastewater treatment.
April 13, 2016 No Comments
Sweden’s Saab and Chennai-based Ashok Leyland have teamed up to manufacture truck simulators in India for defense applications.
The 4K computer graphic visualization simulator will be integrated into the Ashok Leyland Stallion 4×4 vehicle, the most widely used in the armed forces and paramilitary forces. The simulator will help improve driving skills, as it will enable the driver to operate the Ashok Stallion vehicle in different terrain, weather conditions and under all types of day-to-day challenges, reports Defense News.
The instructor operating station enables the instructor to observe and interact with the trainee in real time, take over controls in emergency situations, and give the trainee feedback on his performance.
“Simulator-based training is the best way to develop handling skills without putting the vehicle fleet, trainees or environment at risk. With the agreement between Saab and Ashok Leyland this is now available also for the Ashok Leyland Stallion”, said Jan Widerström, chairman, Saab India Technologies.
“We are extremely happy to join hands with Saab for the truck driving simulator under the “Make in India” concept. Given the potential in India and with our customers abroad, we expect this partnership to grow stronger in the days to come”, said Nitin Seth, president, Defense Systems, Ashok Leyland.
April 4, 2016 No Comments
With India’s low-cost manufacturing and the government’s push towards Make in India, overseas companies are actively looking at serving their global markets from India.
Swedish auto major Volvo, which started operations in India through the import of a luxury bus from Hong Kong back in 2000, executed the export of two fully-built inter-city luxury buses to Europe. Its Bangalore-based plant will undertake more of such orders, which is notable because its parent company has a plant in China, too.
Volkswagen’s Scania, has a manufacturing facility in the southern state of Karnataka and is working towards exporting fully-built buses to Europe.
Headquartered in the U.K., earth mover JCB’s India subsidiary has just started exports to Russia. Vipin Sondhi , managing director and chief executive of JCB India, said, “We are exporting components to the U.K. from Pune near Mumbai, where they are assembled to be shipped to other parts of the world; and we are exporting components to the U.S.”
Daimler India Commercial Vehicle has ramped up parts supplies from India — it now reaches across the globe including Europe and the U.S. Around four million parts have been exported by this company to other global Daimler entities worldwide, reports Business Standard.
March 30, 2016 No Comments