After tumultuous years of Covid, Geopolitical challenges and Supply chains narls, the Automotive Industry in India has made a phenomenal recovery.
As the automobile industry looks to power India’s drive to become a $5 trillion economy soon, few aspects stand out. Modern technologies like the Internet of Things (IoT), Artificial Intelligence ( AI) and Machine Learning (ML) are transforming the world of automobiles not only in terms of manufacturing but also as an aid in safe driving.
Sustainable Mobility is a reality today with the Government’s key focus on electric vehicles and a circular economy. Helmed by the Ministry of Road Transport and Highways (MoRTH), safety is another vital aspect that has come under sharper focus.
In all these aspects, the Tyre Industry in India has taken significant leaps over the last few years. All new tyre manufacturing facilities are like technology hubs and vie with the best in the world.
Tyre Industry, the wheels of the nation is aiding the technological transformation of the automotive industry and is powering India’s economic growth as a poster boy of Indian manufacturing. Having doubled in size in the last decade, the industry is poised to double revenue to $22 billion by 2032.
Being held in this optimistic backdrop, the 4th edition of ATMA Annual Conclave looks to deliberate on the trajectory of India’s automotive industry and the key role to be played by Tyre Industry in technological upgradation, safety and sustainability.