INTERACTIONVOL LXXI, NOVEMBER 2019 JOYSON ANAND ABHISHEK SAFETY SYSTEMS The Power of Partnership editorial Message from Managing Editor Garima Gupta the CEO 3 Feature Editor Message from the CEO Chethan R. Kumar CORRESPONDENTS C 4 ANAND Automotive Company Highlights Shikha Singh Dear Team ANAND and friends, Mr. Jaisal Singh in New Delhi. This success story is another testimony to the ANAND ethos of the “Power of Partnership” and ANAND’s ability to work ANAND CY Myutec Automotive I am happy to bring to you the year-end issue of INTERACTION. I hope all of together with diverse partners and forge lasting associations based on shared Shuvadeep Samanta you and your families had a great festive season full of celebrations and fun vision and values. MAHLE ANAND Thermal Systems recently added its second 8 and are now looking forward to the Christmas and New Year holiday season plant in Chakan, Pune solely dedicated for HVAC (heating, ventilation and ANAND I-Power O Awards & Recognition next month. air-conditioning) production lines to serve key customers in the region more Vijay Nikumbh As you all know, the global and Indian economic landscape continues to be effectively. The plant has been built as per Global MAHLE production system grim. The current downturn in Auto in India is much worse than the one in guidelines. Anchemco ANAND / Ansysco ANAND 2008 or even the one in 2013. It is much longer lasting, due to not only the As always, ANAND Group companies have done us proud by winning accolades Neha Khatri cyclical or structural factors like weak sentiment, global trade wars, Indian 10 from major OEMs and industry bodies. Ms. Anjali Singh and Mr. Jaisal Singh elections, NBFC crisis and Bank NPAs or even Demonetisation and GST along with members of ANAND’s top management participated in Mahindra Expansion of MATS introduction which factors are common with other sectors but many other CY Myutec ANAND Supplier Meet held in Berlin, Germany, where ANAND JV, Mando Automotive structural and regulatory reasons specific to the Auto Industry alone. Main K. Latha N India was awarded for Best Product Development. Tata Motors recognised Mando out of these are Regulations on Safety, Fuel Efficiency, Emission Norms Automotive India and MAHLE ANAND Thermal Systems for their Quality Products changeover from BS IV to BS VI on March 31, 2020 (In 3 years instead of 7 Faurecia Clean Mobility and Cost- effective Solutions. MAHLE ANAND Filter Systems and Anchemco Cover Story : Joyson ANAND Abhishek to 8 years it took in Europe and USA and that too with an abrupt cut-off rather Kumaravel Deivam 12 ANAND were also awarded for their quality and supply performances by Tata Safety Systems (JAAI) - The Power of than a transition of 3 to 6 months), confusion due to changing Government Motors Genuine Parts. MAHLE ANAND Filter Systems, Pune plant has been stand on new technologies like EVs and Hybrid, tweaking of Axle load norms Partnership felicitated with the prestigious ‘Golden Peacock Occupational Health and Safety Gabriel India for commercial vehicles allowing overloading by 20% almost overnight Award’ for 2019. Mansi Verma and further increase in this capacity due to lower travel and turnaround time due to removal of State tax barriers, regulation on upfront payment of In recent years there have been a lot of technological advancements in the field T of adhesives and sealants used for Automotive applications with stringent NVH ( Haldex India ANAND 18 insurance for 3 to 5 years etc. Most of these regulations and changes barring Deepak Chaudhari a few are progressive and welcome measures, except that they have been Noise, Vibration and Harshness) norms and environmentally friendly compounds. Excellence Awards bunched together, putting tremendous strain on the industry to commit large In this backdrop, our partner Henkel and RLE International both headquartered Henkel ANAND India investments over a short period of 2-3 years and increasing vehicle costs. I in Germany have established a global ‘Mobility Alliance’ to collaborate on these believe we can see real growth coming back in Auto only after another 10 to advancements. This alliance will be led by Henkel ANAND in India. The two Vivek Tyagi 12 months i.e. by the 2020 festive season. partners will synergise their know-how in advanced material sciences and their engineering expertise to offer cost effective solutions to customers in India. The Despite this short term blip, I continue to be optimistic about the Medium Joyson ANAND Abhishek Safety Systems GPTW Recognition For 20 alliance envisions to produce breakthrough solutions by engaging with customers and long term growth story of India which is still very strong and robust. R. Girirajan E from the stage of development through the launch of new vehicles. ANAND Group Companies Automotive Industry in India remains a strong pivot around which the future of Manufacturing sector (of which it comprises almost 50%) and the MAKE Every year we celebrate exceptional entrepreneurial spirit, noteworthy company MAHLE ANAND Filter Systems IN INDIA initiative of the Indian Government rests. There is a strong and performances and outstanding team contributions within the Group through Preeti Singh growing 350 Million educated, English speaking middle class with aspirations ANAND Excellence Awards. ‘ANAND Excellence Awards 2018’ event was held in Bonded Together for 22 to own an individual transport vehicle, a very low penetration of cars and ANAND Corporate Headquarters, New Delhi. Various ANAND Group companies MAHLE ANAND Thermal Systems commercial vehicles, growing rural prosperity, per capita income growth, were awarded for their outstanding contributions under different categories like Mahima Ken Breakthrough Solutions strong GDP numbers (which after the dip this year are expected to come back quality, health & safety, hospitality and people practices. I am proud to inform that N to 6.5% or so next year). With all these positives, I believe the long term (next Spicer India was the recipient of the prestigious ‘Chairperson Award for 2018’. decade or two) weighted average growth of the Automotive Industry in India Mando Automotive India Our people-centric approach has resulted in the Group companies being will continue at a high single and close to a double digit rate, with the Auto Tamilarasi consistently recognised by the Great Place to Work® (GPTW) Institute over Components business growing a few percentage points higher due to Exports 24 the past several years. The trend continued this year as well, with six ANAND and Aftermarket opportunities. Every 4 to 5 years, there could be a pause SNS Foundation SNS Foundation Highlights companies being recognised by GPTW. Spicer India, MAHLE ANAND Filter or a down cycle, as we are experiencing currently, but the prospects of the Damayanti Bhowmik Systems and Gabriel India have been ranked amongst the 100 Best Companies Industry for future continue to be bright. in India, while ACYM has been ranked in the top 50 Indian companies in Mid-size Spicer India SAFETY in the Automotive Industry has been getting a lot of attention and category. ANAND Automotive and Haldex India have also been certified as Great T focus with global automotive safety norms becoming increasingly stringent. Places to Work. Recognising ANAND’s commitment to women empowerment, Suchita Kadam 25 Automotive Safety regulations in India are also fast catching up with the MAHLE ANAND Filter Systems and CY Myutec ANAND featured in Top 25 SUJÁN world. For Auto Industry in India it is both a challenge and an opportunity. Best Workplaces for Women and Gabriel India and Spicer India in Top 75 Best SUJÁN The cover story in this edition features the latest Joint Venture of ANAND i.e. Workplaces for Women. Yusuf Ansari ‘Joyson ANAND Abhishek Safety Systems’. It highlights ANAND’s commitment SUJÁN continues to make its mark in the world of hospitality. Mr. Jaisal Singh, towards the ‘Power of Partnership’ and the resolve to bring in world-class Director, ANAND Supervisory Board and the youngest and also the first Indian Valeo Friction Materials India quality products to the Indian market. The new entity will significantly enhance Vice President, ExCom and Board member of Relais & Châteaux, hosted Arun Kumar Nayak 26 mobility safety and with its pan- India presence, is well positioned to become international delegates from Relais & Châteaux, at SUJÁN Headquarters, New S Visitors a leading supplier of safety-critical products like Air Bags, Seat Belts and Delhi. The members held meetings and deliberated on various key strategic Steering Wheels to all major OEMs. Design: Divya Thakur initiatives. In tune with the current Industry scenario, Maruti Suzuki Suppliers Welfare Cover Page Image Credits: Brady Holt Cover Page Image Credits: I will close by sharing with you the Mantra “Never Waste a Down Turn” which Production: Corporate Communications Team Association (MSSWA) hosted a supplier meet in Gurugram with the I heard recently at the SIAM (Society of Indian Automobile Manufacturers) theme ‘Managing the downturn’. The event saw participation from senior Annual Convention from Dr. Pawan Goenka, Managing Director of Mahindra and representatives of Maruti Suzuki India, MSSWA executive committee Mahindra. I would urge all of you to follow this Mantra and convert the challenging members, industry consultants, suppliers including the senior leadership times of the Downturn currently into an Opportunity to remove every kind of waste, from ANAND. Ms. Anjali Singh, Executive Chairperson, ANAND and ExCom minimise costs and become a leaner, more agile, more competitive, fast and member of MSSWA, in her opening remarks set the context for the event flexible organisation for a better future. Good luck and Godspeed in your efforts. which apart from messages from Maruti Suzuki India leadership included presentations by Industry experts and a panel discussion on “How to effectively manage the downturn” in which I joined as a panellist along with Warm Regards, some eminent personalities from the industry.