ACMA Technology Summit urges suppliers to transform

The Automotive Component Manufacturers Association of India (ACMA) has successfully hosted the fourth edition of ACMA Technology Summit with the theme ‘Indian Auto Component Industry – Transforming to stay competitive’ in Pune, India, on January 29-30, 2019. With several technology disruptions including newer norms on emission, safety, and consumer trends towards connectivity, on the anvil, the auto component Industry needs to adapt and transform through systematic R&D, the creation of new products and upgradation of skills, to stay relevant and competitive.

Anant Geete, Union Minister for Heavy Industries & Public Enterprises, Thomas Flack, President & Chief Procurement Officer, Tata Motors, Ram Venkatarmani, President, ACMA, Deepak Jain, Vice President, ACMA, F R Singhvi, Chairman, ACMA Skilling & Mentoring and Vinnie Mehta, Director General, ACMA have participated in the event.
The Summit brought together national and international specialists in the field of Industry 4.0, Telematics, innovative technologies that are shaping the automotive environment of tomorrow. The summit witnessed incisive sessions on Industry 4.0, Electric Mobility, AI, Retrofitting Technologies, Renewable energy among others, addressed by distinguished industry luminaries that focussed on improving quality and adopting new technologies, keeping in mind the concern for environment and sustainability.
ACMA Awards were also presented at the Summit. This year there were 224 applicants, of this 82 winners were awarded.
“While the government is committed to introducing e-mobility in the country, the introduction would be gradual so as not to disrupt the current industry value chain,” said the minister.

“The auto component industry must embrace the digital revolution to stay competitive and relevant; the time has come for the industry to graduate to Industry 4.0 for better predictability and addressing customer requirements,” said Thomas Flack.

“While growth in the automotive industry is imminent, we, however, need to ensure that the sector, especially our tier-2 and tier-3 are ready to harness newer opportunities. Tier-2s and 3s pose the single biggest challenge for us today and it is critical that they are upgraded to world-class levels of performance, especially on the front of quality, processes and delivery. Tier 1s will have to play the role of mentor and guide to this segment of the industry or else the entire value chain will collapse,” said Ram Venkatarmani.

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