By Vairavanthan Shanmugavelu In the dynamic world of auto components, a significant challenge has emerged with the accumulation of over 5000 Crore worth of inventory, often labeled as “Non-Moving, Dead Inventory.” This stockpile is predominantly found in the godowns of dealers, distributors, and retailers. Various factors contribute to this backlog, including missing part numbers, absent […]
The unique customer engagement program will cover 17,000 km across 90 cities and 13 states with an aim to raise awareness about efficient aftermarket services, educative sessions for auto garages and retailers Brakes India, the country’s leading braking systems manufacturer and supplier and a renowned name in the aftermarket segment, has flagged off its first-ever pan-India customer […]
Increasing efficiency in the automotive aftermarket in India is the order of the day, states Manav Kapur, Executive Director, Steelbird International The aftermarket community in India has traditionally been unorganised unlike its global counterparts. Conventionally, most of the manufacturers in India have focused on selling equipments as their core business while the aftermarket services remained […]
Automechanika Frankfurt, the world’s largest and leading trade fair for the aftermarket sector, is taking place as a hybrid event for the first time this year. The primary focus will be on the physical event and all the advantages it offers. Automechanika will be supplementing these by providing all exhibitors with new opportunities to network […]
At a time when automobile sales dropped to zero during the lockdown phase and production of vehicles ground to a halt, the component business felt the impact at the most minimum level. This, as our guest columnist Umesh K Jhamb points out, is just one of the indicators showcasing both the relevance and the profitability […]
India’s ‘go to’ event for the automotive aftermarket organised by the Confederation of Indian Industry (CII) held successfully on virtual platform The ninth edition of Autoserve 2020, India’s ‘go to’ event for the automotive aftermarket organised by the Confederation of Indian Industry (CII), was held on virtual platform with the theme ‘Seizing Opportunities in the New Normal’. Nitin […]