Auto component manufacturers should strive to improve the quality of the products they supply to the car makers and at the same time should also invest in developing new technology, top executives of the automobile industry said on Tuesday at the 56th Annual Convention of the Automobile Component Manufacturers Association (ACMA).
Going by the theme of the convention – Quality and Innovation – top executives of Tata Motors, Ashok Leyland and Maruti Suzuki exhorted the component suppliers to build new technological platforms and develop a new road map for the future as the automobile market is set to embrace a paradigm shift due to the transformation to the BS VI regime by 2019.
Maruti Suzuki India chairman R C Bhargava told the congregation of the component manufacturers that the industry should aspire to become the largest in the world as the Indian automobile market is expected to become the third largest in the next decade.
“In manufacturing we are still some distance away from meeting the global standards. At present, we should ensure the competitiveness of cost and quality. Today we have the best car makers in the world and the products are of international levels so the components that we supply should also be of the same level. We need to build capability of improving the available technology,” Bhargava said.
Recently, Tata motors conducted raids in certain cities to stop the sales of spurious spare parts of the company’s vehicles. Such exercise was undertaken by other manufacturers also in the past. Most car makers are also wary about the inferior quality of the spare components supplied by some of the suppliers which leads to recall of the vehicles sold and as a consequence increases the overall cost. Guenter Butschek, the the CEO and managing director of Tata Motors called for more synergy in the system and articulated the company’s strategy to streamline the supplier base in order to make it more efficient.