Planning ahead
Wolf assures that Bosch will continue to invest on development of innovative products that is targeted at the Indian market while it also explores the possibility of manufacturing in India for global markets. "Our attention would be directed towards Productivity and ramping up of the new products. For diesel systems, we will be starting the production of high pressure pumps that will satisfy the emission legislations for BS4 and above. In Packaging technology, along with strengthening our business in India, we are extending our business to Africa. In the Brake systems, we will be focusing also on the ABS for 2 wheeler market. We are also looking at various green initiatives within our Plant.

"In Nashik, we have installed a solar power plant which generates around 3300 MWh of power and has reduced around 2000 tons of CO2 emission. In the second module, we are looking at another power plant generating around 3800 MWh of power. Similarly, we are also working on a similar project in Bidadi in 2016. Overall, we are well prepared for the upcoming legislations and geared for the Indian market in 2016."

Doshi says that Waaree Energies has a long-term strategy to develop the ecosystem for the growth of solar power. "On a short-term basis, we wish to create the land-bank and infrastructure. Quickly evolving state level policies can pave the way towards developing the state solar infrastructure. We wish to maximise the localised content which is required in manufacturing the solar modules." Talking about the future, Doshi wishes to invest in the high efficiency solar panels with the manufacturing capacity of 1000 MW in the next year. "We are totally geared up to meet and exceed the expectations of all stakeholders in terms of supply capability and execution excellence in the years to come," he adds.         

Sebi Joseph says that Otis recognises the opportunity India presents and so an increased presence here is a top priority. Poised for growth that the country offers, the Otis Bengaluru factory was expanded with this endeavor in mind. "The factory is also gearing up to offer higher speed elevators on Otis' global flagship technology platform - the Gen2. Reiterating its commitment to Indian customers, Otis strives to locally design and manufacture quality products for India's unique needs," he shares.

"At Godrej we take a long term view of the economy and we share the very enthusiastic assessment of the size and growth rates for our economy," says Shukla. He points out that globally, there will be challenges to deal with, but the domestic demand can be a great source of opportunity. "So all our plans for expansion, capacity building, New Products Introductions are on track and being pursued enthusiastically. For the short term, we will continue to focus on Innovation and Operational Excellence."

Vatkar says that HIL Ltd. plans to maximise the opportunity in the roofing business and will continue to focus on the Aerocon Brand Range and increasing its proportional contribution to the overall revenue.

Taparia informs that NEIL plans to invest another Rs250 crore in the Savli plant in Gujarat for FY2015-2016 for expanding capacity in order to beat expected demand which will go up in 2016. NEIL also plans to introduce more value-added products such as the third generation products.

Okiyama says that Bridgestone India is monitoring the market condition narrowly and it would expand in line with the market demand. "We will proceed as per the business scenario to address the demand and market share, and will launch new and innovative products to serve a wide variety of customers better."

Melligeri says that Aequs will continue to expand its capabilities by bringing in new technologies to its global ecosystem. "As part of our 2020 strategy, we are working to bring Castings and Aero-engine component machining capabilities to the Aequs SEZ.

We expect our Automotive vertical to deliver forged machine parts from our ecosystem. This is of significance as we move up in the value chain from just being a machining player to integrated supplier for our customer. We are hopeful for O&G industry turn around towards tail end of 2016," he adds.
END