Introducing the latest edition, Vol. 8 – Issue 2, of Dynamic Manufacturing India brought to you by Meshmix Media. Building upon the discussions in our previous edition, where we delved into the rapid growth of India’s Metal Forming Industry, we continue to explore the diverse applications and processes within manufacturing. This issue, however, shines a spotlight on the Automotive and Electric Vehicle sectors, presenting a comprehensive overview of their current landscape and future prospects. Furthermore, we’re excited to bring you exclusive event updates, highlighting significant industry gatherings such as Post Imtex 2024 and Hannover Messe 2024.
Within these pages, you’ll find exclusive insights, beginning with a captivating Cover Story featuring Mr. Uday Narang, the esteemed Founder & Chairman of Omega Seiki Mobility, sharing his perspectives on the industry’s evolution and future trajectory. Additionally, we’ve had the privilege of conducting a Special Interview with Mr. M Jagadish, the Chief Technology Officer of Amara Raja Advanced Cell Technologies, offering valuable insights into the technological advancements shaping the sector.
But that’s not all; our contributors, including renowned companies such as Tata Motors, Volvo Construction Equipment, and NRI Research, offer their expertise through thought-provoking articles. From groundbreaking innovations to market trends and challenges, each piece provides a holistic view of the Automotive and Electric Vehicle domain.
In the latest EV industry update for India, Goldman Sachs projects the country’s global electric passenger vehicle market share to rise from 1% in 2024 to 7.1% by 2040. Electric car sales are expected to remain around 0.1 million in 2024, then reach 1.3 million in 2030 and 5.5 million in 2040. Price cuts by leading OEMs, supported by declining battery prices, have boosted electric two-wheeler sales. The Ministry of Heavy Industries’ Electric Mobility Promotion Scheme 2024, with a ₹500 crore budget, aims to incentivize e-2Ws and e-3Ws adoption from April to July 2024, aiding India’s EV transition.
In tandem with our coverage of industry developments, we’re thrilled to unveil a groundbreaking collaboration with Khel Now: The Manufacturing Premier League (MPL) 2024 cricket tournament. Scheduled for May 9th and 10th, 2024, at HMT Ground Bengaluru, MPL 2024 promises to be a celebration of sportsmanship and camaraderie, bringing together 16 teams from across the Manufacturing Industry, technology companies, and machine tool companies for two days of exhilarating cricket competition.
As always, we remain committed to keeping you informed and engaged with the latest industry insights. For access to the digital edition of our magazine and real-time updates, visit www.machineinsider.com. Additionally, explore www.industrysamurai.com for information on the prestigious Industry Samurai Awards.
