News


'Auto Sector Challenges and Strategies

Jul 02, 2020

World Trade Center Bengaluru and Indian Institute of Materials Management, Bangalore Branch jointly organised a Webinar on 27.06.2020.

The theme of the Webinar was 'Auto Sector Pre & Post Covid 19: Challenges and Strategies'.

Mr. H.B. Thontesh, Vice President-Commercial, Bosch Limited, Bidadi, Bangalore, spoke on the various issues the Auto Sector had to cope with like economic slowdown and implementation of Bharath Stage VI Emission Norms prior to March 2020 , and the Lockdown post COVID 19 being declared as a pandemic.

He touched upon various aspects like E Mobility, shift in Customer preference towards small Cars and used cars, need to conserve cash and Auto Component majors' role in supporting MSMEs. He presented a balanced view of the future for the automobile sector outlining the Challenges faced and possible strategies to bounce back.

More than 100 participants attended the Webinar. The Question & Answer session was the highlight of the event. Mr. Thontesh answered more than 75 Queries of the participants in detail.

The feedback from the participants has been highly appreciative of the relevance of the theme and the take-aways from the Webinar.

Source