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Indian auto parts makers brave a new electric world
Samvardhana Motherson Group, India’s largest component maker with revenues of nearly Rs 60,000 crore, had its moment of epiphany a little more than a year ago when one of its customers asked for wiring harnesses and junction boxes.Nothing was unusual about the enquiry because Motherson gets dozens of these every day.
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Green Drive
A leading player in manufacturing, assembling and supplying automotive components for vehicles running on natural gas, the company, set up in 2006, has been a frontrunner in driving the CNG revolution in India. The company’s MD, Akshay Kashyap, 41, who had worked in the United States, saw the gap between quality and costs in India and started out with the aim of building high-quality components for CNG vehicles at competitive pricing. “Green mobility,” he says, “is an imperative and won’t be niche in the coming future. We will provide the most innovative, reliable and cost-optimised solutions for sustainable and green mobility.”
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GreenFuel Wins Award as Make in India Emerging Entrepreneur in 2018
These awards are an effort to recognize rising ‘Make in India’ stars in the field of manufacturing. The winners were identified after a three month long intensive survey and were then shortlisted by an expert jury namely Uday Kotak, Aroon Purie, Manish Sabharwal, Hamitab Kant and Sanjay Nair.
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