The Most Promising Automobile Companies

www.ciolookindia.com LOOK I N D I A Vol 01 | Issue 01 | 2024 Trans-Futuristic How the Next-Gen Indian Automakers are Redefining the Future? Kumar Shinagare Founder and Managing Director Tropicool Car Gadgets Pvt Ltd The Wheel of Time Top Twenty Trends Emerging in the Global Automobile Sector Experts in Vehicle Safety and Passenger Entertainment Systems

The Most Promising Automobile Companies

DRIVING TOWARDS EXCELLENCE—UNVEILING THE PROWESS OF INDIA'S MOST PROMISING AUTOMOBILE COMPANIES I n recent years, India has emerged as a significant player in the global automobile industry, with several homegrown companies making waves both domestically and internationally. The nation's automotive sector has witnessed remarkable growth, driven by innovation, technological advancements, and a focus on sustainability. This CIOLook India’s exclusive edition, ‘The Most Promising Automobile Companies,’ delves into the promising trajectory of some of the most noteworthy automobile companies in India, showcasing their contributions to the industry. and implementing these advancements. This commitment to cutting-edge technology positions them as leaders in an era of rapid technological evolution. Sustainable Practices—The shift towards sustainable and eco-friendly mobility solutions is a key aspect of the industry's evolution. Some companies in India are championing this cause by investing in electric vehicles, green manufacturing processes, and overall sustainable practices. Their endeavors not only align with global environmental goals but also cater to an increasingly conscious consumer base. Innovation at the Core—The automotive landscape in India is marked by a wave of innovation, with companies at the forefront constantly pushing boundaries. These companies are embracing new technologies, redefining design paradigms, and integrating sustainable practices to meet the evolving needs of consumers and the industry. Market Adaptability—Adaptability to market dynamics is a hallmark of successful automobile companies. Those that can read and respond to changing consumer preferences, economic shifts, and industry trends are better positioned to thrive in the competitive landscape. Companies demonstrating this adaptability showcase resilience and strategic foresight. Global Competitiveness—As India positions itself as a key player in the global automotive market, certain companies are driving this narrative forward. Their commitment to producing vehicles that adhere to international standards and cater to diverse markets reflects the industry's ambition to not only thrive domestically but also compete on a global scale. Editor's In the following pages you will witness that as these companies continue to drive towards excellence, the Indian automobile sector stands poised for further growth, contributing significantly to the nation's economic and technological prowess. Technological Advancements—The integration of advanced technologies is reshaping the automotive landscape. From electric and hybrid vehicles to smart connectivity features, leading companies in India are at the forefront of adopting Enjoy the joy-read-ride! Note Gaurav PR Wankhade Managing Editor

Cover Story 08 20 Automotive Private Limited Exhibi?ng Leadership Excellence of Engineered Polymer Solu?ons 30 Experts in Vehicle Safety and Passenger Entertainment Systems Bulletproof Solu?ons Tailor-made for Your Complete Security Needs Articles 18 Indian Automakers are Redefining the Future? Contents Trans-Futuristic How the Next-Gen 26 The Wheel of Time Top Twenty Trends Emerging in the Global Automobile Sector

LOOK LOOK I N D I A Vol 01 | Issue 01 | 2024 I N D I A Trans-Futuristic How the Next-Gen Indian Automakers are Redefining the Future? www.ciolookindia.com Kumar Shinagare Founder and Managing Director Tropicool Car Gadgets Pvt Ltd The Wheel of Time Top Twenty Trends Emerging in the Global Automobile Sector The Most Promising Automobile Companies Pooja M. Bansal Editor-in-Chief Experts in Vehicle Safety and Passenger Entertainment Systems CONTENT FOLLOW US ON www.twitter.com/ciolookindia www.facebook.com/ciolookindia/ Managing Editor: Gaurav PR Wankhade Assisting Editor : Prajakta Zurale Company Featuring Brief WE ARE ALSO AVAILABLE ON CIE Automotive India is a global full service supplier for components, assemblies and sub-assemblies and whole range of different technologies in main Automotive global markets. Sanjeev Verma, Head of HR CIE Automotive India Ltd DESIGN Visualizer: Sandeep Tikode Art & Design Director: Rashmi Singh Associate Designer : Sameen Arif CONTACT US ON KAY JAY Group of companies is a global provider of forged, machined & precision sheet metal components for automotive sector. Susheel Sharma, CEO Kay Jay Group of Companies Email sales@ciolookindia.com For Subscription www.ciolookindia.com Since 1979, Mutual Automotive is providing the industry with innovative state-of-the-art manufacturing solutions in engineered polymer based components, systems and related services. SALES Mutual Automotive Private Limited Hemit Gandhi, Executive Director Sr. Vice President : Swapnali Vasaikar Sr. Sales Manager : Tejaswini Whaval Team Leader : Suraj Gadekar BDE : Reetika Sharma Copyright © 2024 CIOLOOK India, All rights reserved. The content and images used in this magazine should not be reproduced or transmitted in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without prior permission from CIOLOOK India. Reprint rights remain solely with CIOLOOK India. Surinder Singh Rathor, CEO Shield Armoring Pvt. Ltd. Shield Armoring is one of the leading bulletproof cars manufacturers delivering custom armoring solutions. Kumar Shinagare, Founder and Managing Director Tropicool Car Gadgets Pvt Ltd is a leading Manufacturer of innovative, high quality and ARAI approved products to all major Automobile manufacturers. Tropicool Car Gadgets Pvt Ltd TECHNICAL Technical Head : Prachi Mokashi Technical Specialist: Rajeshwari Avhad Technical Consultant : Tanaji Fartade sales@ciolookindia.com SME-SMO JANUARY, 2024 Research Analyst : Renuka Kulkarni SEO Lead : Nikita Khadalkar Cover Price: Rs.300/-

C O V E R Experts in Vehicle Safety and Passenger Entertainment Systems S T O R Y Tropicool supplies high-tech products for passenger safety, luxury & convenience, especially in commercial vehicles including defence. Kumar Shinagare Founder and Managing Director Tropicool Car Gadgets Pvt Ltd

The Most Promising Automobile Companies I ndia is a land of innovations and inventors. From the metric numbering system of all the numbers, including zero, its calendar system including a week and names of days similar to the Greek-Roman system of naming days, to Chess, Ruler (scale), Diamonds, Shampoo, Flush Toilet, Indigo dye, Ink, Ancient Dentistry, Binary Code, Algebraic Abbreviations, Decimal Mark, Fibonacci Numbers, Cotton Cultivation, Yoga, Ayurveda, upto the recent proving of water on the moon with Chandrayan-1, and many more things, Indians keep inventing pragmatic and practical solutions to the questions and issues troubling humanity since the dawn of its earliest consciousness. Tropicool is the first company to introduce luxury and safety car gadgets like Portable Car Refrigerators and Reverse Camera Systems in India. These products were featured in the top-end Tata Safari Dicor and Limited Edition models. Tropicool Milestones Since its inception, Tropicool Car Gadgets Pvt Ltd has traversed a remarkable journey marked by pioneering milestones that have reshaped the landscape of car accessories and technological innovations. Nestled amidst this landscape of innovation is Tropicool Car Gadgets Pvt Ltd, a visionary initiative founded by Kumar Shinagare, the Founder and Managing Director, in the year 2002. This pioneering company embarked on its journey by carving a niche in the automotive realm, introducing India’s inaugural OEM-fitted reverse camera with an LCD ingeniously integrated into the rear-view mirror of the TATA Safari VX Model in 2002. Under Kumar’s visionary leadership, Tropicool achieved another milestone in 2004 by creating India’s premier Thermo- electric car refrigerator, (No compressor, No gas!), a luxurious innovation featuring Sub-Zero temperature capabilities, exclusively featured in the Limited Edition of Tata Safari. In 2012, the company undertook a significant stride by expanding its B2C distribution network, solidifying its presence across leading eCommerce platforms such as Amazon, Flipkart, and Snapdeal. The year 2013 witnessed Tropicool’s groundbreaking innovation as it developed a novel Cool Box specifically designed for GSK – an Active Vaccine Carrier equipped with battery backup, underscoring its commitment to cutting-edge technological advancements. Subsequently, in 2015, the introduction of the Tropicool Reverse Camera System in the Defense sector, featuring in Ashok Leyland Defense, Mahindra Defense, and Tata Motors, marked a pivotal moment in the company’s trajectory, catering to the unique needs of Defence vehicles, like night vision, defrosting, sturdy in tough Himalayas. No wonder, Kumar Shinagare, the Founder was featured as one of the “ICONS OF PUNE” by The Economic Times of India, twice! The Coolness Quotient As the Indian Automobile Industry burgeoned, witnessing a surge in cars gracing the roads, the perception of automobiles evolved. Cars transcended their utilitarian role of mere commuting devices to become vehicles for fostering familial bonds and companionship. Individuals increasingly transformed their cars into conduits for memorable road trips and extensive drives, forming lasting connections with family and friends. The year 2016 saw Tropicool extending its expertise to Security and Infotainment products tailored for Commercial Vehicles, further diversifying its product offerings. In recognition of its innovative endeavors, Tropicool garnered accolades, including being nominated for the 2nd CII Cold Chain Awards in 2017 under the Innovation Category and gaining recognition as one of the Top 20 most promising car accessories manufacturers in India by Silicon India in 2018. In this transformative milieu, Tropicool emerges as a stalwart in providing innovative car gadgets and accessories dedicated to elevating the on-road experiences of car owners. The company is steadfast in its commitment to offering an unparalleled home-away-from-home experience within the confines of a car, driven by a relentless pursuit of pioneering products that enhance convenience and comfort for all automobile enthusiasts. The company established a Pan India retail distribution and service network in 2008 and expanded its B2C distribution through E-commerce channels. Kumar informs, “We provide products that add to the luxury quotient in your car and make your car as safe and convenient as your home.” Continuing its path of innovation, Tropicool solidified its position in 2019, as highlighted in Motorindia Magazine, emphasizing its excellence in Safety and Infotainment prospects.

Khushboo Shinagare, Gold Medalist from Pune University in BCS & MCS, has been instrumental in Tropicool’ growth by establishing process & system oriented operations & manages both the Factory units in Hinjewadi, Pune and Sales force. Greencell Mobility, Volvo Eicher, UNOMinda, etc., for design, testing, manufacture, and packaging and after-sales support of originally fitted as well as OEM-approved Tropicool products featured in their vehicles. “At Tropicool, we strive to exceed customer expectations of product quality, delivery and service. Our products are manufactured in factories overseas and personally evaluated by our team for their quality, technology and certified processes. Further, our products are tested by us in India to suit the Indian condition,” adds Kumar. The year 2020 marked a significant chapter in its journey as the company established a dedicated manufacturing plant in Pune, focusing on USB Chargers production, boasting chargers with 0% import content and featuring Data Transfer capabilities. Qualitative Innovations Satisfying Customers’ Demands Tropicool continued its upward trajectory in 2021 by establishing innovative products, it expanded its footprint in the Cold Chain Refrigerator Business, like Vaccine Carriers & Blood Transport units, further cementing its legacy as a trailblazer in the automotive industry. Tropicool Car Gadgets Pvt Ltd stands out in the automotive industry due to a myriad of strengths that underscore its commitment to innovation, quality, and customer satisfaction. Innovative Technologies: Central to its ethos is the integration of cutting-edge and state-of-the-art Innovative Technologies, ensuring an unparalleled and delightful driving experience for customers. Furthermore, Tropicool introduced security and infotainment products for CVs and Defense systems in 2016. It established its dedicated USB manufacturing plant in 2020 and its USB charger, SKD Monitors and SKD Cameras manufacturing plant this year (2023). Superior Quality: The company’s unwavering commitment to Superior Quality is evident in its rigorous quality assurance processes, ensuring that all products pass stringent certifications by ARAI, with RoHS compliance and CE approvals, assuring durability and safety. Kumar shares that they partner with OEMs like Tata Motors, Marcopolo, Volvo, Daimler, Ashok Leyland, Piaggio, Mahindra & Mahindra, Olectra, JBM, Force Motors, ACGL, MG Motors, Hyundai, Bharat Forge,

Guaranteed Performance: Tropicool’s products offer Guaranteed Performance, providing customers with a free replacement or service warranty for 1-2 years, instilling trust and confidence in the brand. match your requirements.” The company prides itself on the Customization of Products, catering precisely to OEM requirements through a specialized R&D team that adapts products to suit varying project needs. Timely Service and Response: With a firm belief in Timely Service and Response, the company has established a robust network of dealers and comprehensive support systems across major cities in India, ensuring prompt and efficient service. Growing Retail Brand in India: As a testament to its success, Tropicool® has emerged as a Growing Retail Brand in India, celebrated for its Smart Car Gadgets, boasting a burgeoning distributor and dealer network across 13 cities. “We have a growing distributor and dealer network across 13 cities in India.” Dedicated Team: Bolstered by a Dedicated Team specializing in the Research and Development of OEM-fitted Products, Tropicool focuses on meeting clients’ specific requirements, providing comprehensive project partnerships and tailored solutions. “At Tropicool, we provide full project partnership. We have a specialized team for OEM projects that understand our client’s needs and provide complete solutions,” mentions Kumar. ISO-9001: 2015 certified: Complementing its commitment to quality, the company operates with ISO-9001:2015 certification for its overseas manufacturing partners in Taiwan and Japan, ensuring adherence to the highest automotive standards, alongside its ISO-9001:2015 certified offices and warehouses in India, further solidifying its reputation for excellence. Customization of Products: Customization of Products as per OEM requirement. OEM products require a clear understanding of the clients’ needs and the project requirements. “The requirements may vary from project to project, and our specialized R&D team customizes products to Tropicool’s Core Competencies Tropicool Car Gadgets Pvt Ltd has positioned itself as a leader in the automotive industry through its exceptional

Furthermore, adhering to International Standards like ROHS, CE, E-Mark, and Automotive Indian Standards, such as AIS 004, BIS IS16242, and IS13252, underscores the company’s dedication to meeting global quality benchmarks. Tropicool’s product designs are tailored to accommodate both Indian and Global OEM requirements, and the company is actively involved in the localization of its products as part of the ‘Make in India’ initiative, showcasing its commitment to the nation’s self-reliance agenda. For more information on products and gadgets, please click www.tropicoolindia.com www.facebook.com/tropicoolgadgets or email at info@tropicoolindia.com call at +91-20- 25881704 / 25883009 or Customer Care - +91 9226192262. or or Core Competencies in Service, Quality, and Manufactur- ing. The company boasts an In-House Product Develop- ment facility encompassing design, engineering, manufacturing, and testing, emphasizing self-reliance and innovation. Supported by a proficient Team of over 35 Engineers, Tropicool ensures expertise and dedication in crafting automotive-grade products. The company expecting shortly certifications such as IATF 16949, ISO 14001-2015, and ISO45001-2018, signifying its commitment to superior Quality Management Systems. Their Warehouse, certified under ISO 9001:2018, boasts substantial capacity and enables efficient distribution and service through a nationwide network of centres. Tropicool’s commitment to innovation is evident with its introduction of over 200 innovative and automotive-grade products, including indigenously developed offerings like USB Chargers, 7” RVS Monitors, Cameras, and PA Amplifiers through New Product Development. Prioritizing customer satisfaction, every product undergoes a 100% Pre- Delivery Inspection and is backed by warranties ranging from one to five years, ensuring customer reliability and peace of mind.

Trans-Futuris?c How the Next-Gen Indian Automakers are Redefining the Future? manufacturing. From the sourcing of materials to the production processes, there is a concerted effort to minimize the environmental impact. The adoption of green practices, including the use of recycled materials and eco-friendly manufacturing technologies, reflects a commitment to sustainability throughout the entire lifecycle of their vehicles. ecosystem, these companies are not only contributing to India's global standing but also influencing the trajectory of the worldwide automotive industry. The Road Ahead: Challenges and Opportunities: orget sputtering tailpipes and F metamorphosis, shedding its fossil- fueled skin and embracing a trans- futuristic vision driven by electric batteries, cutting-edge software, and a relentless pursuit of sustainability. Buckle up, because the next generation of Indian automakers is redefining the road ahead. In the fast-paced world of automotive innovation, India is witnessing a paradigm shift with the emergence of next-generation automakers that are spearheading the country's transition towards a trans- futuristic landscape. The trans-futuristic journey is not without its bumps. Infrastructure needs to evolve to support widespread EV adoption, and battery technology requires further advancements for longer ranges and faster charging. But these challenges are opportunities for further innovation and collaboration. India's young and tech-savvy talent pool is well-positioned to tackle these hurdles, shaping the future of mobility not just for India, but for the world. edge solutions that not only cater to environmental concerns but also redefine the driving experience. From compact electric cars to robust electric SUVs, these companies are electrifying the roads with a commitment to a cleaner and more sustainable future. gas station pitstops. The Indian auto industry is undergoing a Yonder Engines: Embracing AI and Autonomy: Indian automakers are no longer mere hardware manufacturers. They're embracing the power of artificial intelligence to develop features like autonomous driving and advanced safety systems. Autonomous Aspirations: The future of transportation is undoubtedly autonomous, and Indian automakers are not lagging behind in this race. Through the integration of artificial intelligence and advanced sensor technologies, these companies are developing self-driving vehicles that promise enhanced safety, reduced traffic congestion, and a revolution in the way people commute. The vision extends beyond mere vehicles to creating an entire ecosystem that supports autonomous mobility. Companies like Mahindra & Mahindra are investing heavily in research and development, collaborating with global tech giants to push the boundaries of automotive intelligence. Imagine future Indian highways where cars talk to each other, navigate autonomously, and adapt to real- time traffic conditions, courtesy of homegrown AI expertise. Trans-futuristic Indian automakers are not just building cars; they're building a new vision for transportation. A vision where clean air meets cutting-edge technology, where convenience and connectivity redefine the driving experience, and where sustainability paves the way for a brighter future. So, fasten your seatbelts, because the Indian auto industry is about to take you on a ride unlike any other – a ride into the vibrant, trans-futuristic heart of mobility. Breaking the Mold: From Copycats to Innovators: For decades, Indian carmakers were seen as copycats, churning out budget- friendly versions of Western designs. But that's changing rapidly. Startups like Ather Energy and Ola Electric are blazing a trail, designing sleek, futuristic EVs that rival global giants in both performance and style. These companies are not just building cars; they're building ecosystems, from innovative charging infrastructure to smart connected features that seamlessly integrate into our digital lives. Sustainable Speed: Green Gears for a Cleaner Future: Indian Automakers Rev Up for a Revolution India's air pollution crisis is a stark reminder of the need for cleaner transportation. Our automakers are rising to the challenge, leading the charge in the EV revolution. From Tata Motors' affordable Nexon EV to MG Motor's stylish ZS EV, the options are expanding rapidly. Government policies like FAME-II are further accelerating the shift towards EVs, ensuring a greener future for Indian roads. Connected Commutes: Connectivity is key in the trans-futuristic era, and Indian automakers are ensuring that their vehicles are more than just modes of transportation. The integration of smart features, IoT (Internet of Things) capabilities, and robust connectivity options is turning cars into mobile hubs. From real-time traffic updates to personalized in-car experiences, the aim is to enhance the overall journey for the tech-savvy consumer. The rise of next-gen Indian automakers signifies a dynamic shift in the nation's automotive landscape. As they continue to redefine the future with electrifying innovations, autonomous aspirations, connected commutes, and sustainable practices, these companies are not just creating vehicles; they are shaping an entirely new era of transportation. The road ahead is trans-futuristic, and Indian automakers are navigating it with vision, resilience, and a commitment to leading the charge towards a more sustainable and technologically advanced automotive future. Beyond Boundaries: Electrifying the Drive: These trans-futuristic Indian automakers are not confining themselves to traditional boundaries. The vision extends to global markets, with a focus on establishing a strong international presence. By participating in the global electric vehicle At the forefront of this transformative journey is the emphasis on electric mobility. Next-gen Indian automakers are investing heavily in electric vehicle (EV) technology, developing cutting- Sustainable Manufacturing Practices: Next-gen automakers in India understand the importance of sustainable 18 www.ciolookindia.com 19 www.ciolookindia.com

Hemit believes that Mutual has always been a pioneer in technology, bringing the latest and newest automations and manufacturing know how, and he has always been at the forefront of these new additions to the company. Automotive Private Limited With the right blend of experience and young talent in its resource pool, Hemit envisages the company to emerge as an end-to-end solution provider across industry verticals and market segments with products and applications created from lightweight plastics and composites on mass-scale technologies. Exhibi?ng Leadership Excellence of Engineered Polymer Solu?ons T which humans will truly be synonymous with their species name––Homo Sapiens––Wise Humans, Us. he automotive vehicle you drive on the road is not just a car, van or truck. It is the greatest symbol of our progressive march towards a better future in Three Generational Impeccable Experience As a trailblazer in the automobile industry, Hemit takes us back to the beginning of his journey, sharing his motivation to step into this dynamic field. "My grandfather and father laid the foundation of Mutual Industries Ltd.” 'Industry and business are waves and hues of challenges on the horizon. Some racing towards you, some drifting away, some looming.’ Thus, whenever you are driving your car or a van on the road, think of it as you are driving with you the entire human past since the invention of fire and wheel into a glorious tomorrow towards the horizons of an ever- transitioning modernistic glory. 'Each needs to be recognized and predicted with reality.’ The company is family-owned and is managed by professionals with impeccable experience. "The Engineering Plastics business/industry and the Automotive industry were two business trails that were surging at a great pace before me as I completed my academic journey with my undergraduate degree," he recalls. Mr Hemit Gandhi Execu?ve Director Charting Path Through Unpredictable Times And when you will thank your car manufacturer in your heart for keeping you safe throughout your journey by building a high-performance, solid, heavy-duty, and efficiently perfect drive, then do not forget to also thank Mutual Automotive Private Limited for providing the automobile industry with innovative state-of-the-art manufacturing solutions in engineered polymer-based components, systems and related services, since its inception in 2017 as a demerged entity of Mutual Industries Ltd established in the year 1979. "The Engineering Plastics Innovative Business and the Automotive industries engineering challenges were like a great magnetic current that I could not resist. All the challenges I could imagine were there, and the huge inspiration was that my father had sailed through many unpredictable times to establish a position in the industry.” 'Catching up with these trails was imminent as a four- decade business banner 'Mutual' was on high streams.’ 'Much needed to be decoded and absorbed from the university of hard knocks.’ "The modern business challenges, with its new versions of product technologies, new process technologies and discovering, innovative, smarter ways to execute and excel were the dynamic challenges that motivated me to step into this highly technically driven field," says Hemit, who led the emergence of Mutual Automotive as one of India's most promising automobile companies trustworthy partner. Share the guiding philosophy that has propelled their organization's success; Hemit says that the guiding philosophy that was infused in their business since its inception by his granduncle and his father is to imagine and discover what the customer could wish for. "We thought it's better to look for the customers' wish rather than the want because the 'wish' comes quite before the 'want.' We have foreseen many aspects of our customers' business from the viewpoint of the end customer.” 'Most theories are forged to fit into reality and viewed through different minds, thought processes and experiences. All of them relevant to certain scenarios.’ Supremacy of the Wholly Integrated Unit Mutual's third-generation Executive Director, Mr Hemit Gandhi, the son of Mr Dharmendra Gandhi, the MD and grandson of late Mr J.M. Gandhi, the Founder and Chairman, claims that Mutual Automotive exhibits leadership when providing engineered polymer solutions. "Our expertise has led us to produce designs from the concept stages to development, thereby helping us achieve supremacy as a wholly integrated unit. Our partners place utmost trust in our quality services and non-compromising value," elaborates Hemit, who has a BSc in Engineering Entrepreneurship, Engineering Leadership and Economics from the Pennsylvania State University and a Post Graduate Diploma in Family Managed Business from S.P.Jain Institute of Management and Research. He has built a depth of expertise in Operations, Administration and Finance in a career spanning close to 15 years. Our history since 1979 shows a range of product technologies that we brought afore to add-on to our customers' products. "For example, the E vehicles, batteries were not in our scope of development, but Light-weighting, aesthetic design, design engineering and simultaneous development were very much on the radar for technology upgradation. 20 www.ciolookindia.com 21 www.ciolookindia.com

The Most Promising Automobile Companies towards the many mirages on the horizon and find the real one that contributes to the satisfaction of the end-customer. All this struggle is but a symphony of harmonious, pleasurable or enjoyable teamwork and hard work in the making of the company's success. We continue this visualization in many non-automotive segments as well. We only work forward and hope to emerge with such visualizations through to all the customers in our future as well," mentions Hemit. A Harmonious Symphony of Success "As a technocrat organization, we have continuous research and development happening. We invest in technologies ahead of the curve in the country and the most contemporary and state-of-the-art technologies. However, the result makes it completely worth the effort as we look at it from afar.” The automobile landscape is continually evolving. Ensuring that Mutual remains adaptable and ahead of industry trends, providing innovative solutions to its clients, Hemit shares that the philosophy, dedication, and struggle to work As we mentioned Hemit's leadership style is often recognized as a driving force behind Mutual Automotive's achievements, and asked to shed light on his approach to leadership and team building within the organization, Hemit smiles and frankly said, "The words 'driving' and 'force' sound quite heroic and describe a powerful leader so not sure about that, however along with that I would also like to be considered as a communicative, courageous, and most of all, honest leader.” "Leadership and team building, as I have learnt practically on the ground level, working with my father and other team members, is a matter of influencing, then inspiring minds to put the hands and thoughts together." This establishes a movement. All of Humanity has advanced only through influences of various kinds. Hemit adds that he is fortunate to be in a business family that follows this trail of leadership values from his father, grandfather, and generations before him. An Ever-Augmenting Research Knowledge Base The essence of automobiles lies in seamless operations and enhancing the end-user experience. When probed about how Mutual strikes a balance between operational efficiency and customer satisfaction, Hemit explains that customer satisfaction for them comes from the Automakers, who are their customers. "Supporting our customers' ability to meet the automotive market needs is our task. This task has many aspects: quality, on-time delivery in the routine, and more importantly, our participation in the product development phase. We contribute much from our research knowledge base. This participation is our strength in customer satisfaction.” Through their experience and learning, they implement various processes from different philosophies of KanBan, Kaizen, Lean Manufacturing and the Theory of Constraints that bring operational efficiency. 22 www.ciolookindia.com

enabled us to get their willingness to take a step towards fulfilling the commitments towards deliveries." Workers chose to stay in the work camp on a roll-over basis as needed. "This was a clear indicator of how we got workers to cooperate with their seniors in the most adverse time of human history.” Engineering OEM Design and Build Today, the automobile goes beyond the physical realm, touching on safety, security, and well-being. Mutual Automotive addresses these critical factors in its service offerings by embracing innovations. Hemit states that the kind of components that they manufacture, like a bumper system, dashboard, exterior claddings, spoilers, grills, engine components like cylinder head cover, HVAC components, fans and various tanks, oil sumps, filtration components, are all performance parts. Sustainability and environmental responsibility are crucial aspects of the automobile industry. When asked how they integrate these principles into their operations and contribute to a sustainable experience, Hemit says waste treatment and recycling of natural resources are a part of all their production plants. "In Product development, we explore every aspect to substitute materials with recyclable versions." They recycle and re-circulate close to 95% of water and air. All their plants have been installed with Effluent and Sewage treatment plants. "Our operations team continuously strives towards reduction in power usage with installations of servo motor drives.” "As tier one OEMs, we are responsible for what we engineer, design and build. We are unique in being able to work with OEM as a Full Service Supplier Partner (FSS). The OEM customer is keen to utilize this highly responsible service and our years of experience, wherein we participate in the design, proving the design and the build with the customer. To some extent, we are responsible along with the customer for the product on the road.” A Committed Team of Compassionate Professionals Looking to the future, Hemit says that his vision for Mutual Automotive is to continue making a significant impact on India's automobile landscape. He says the Automotive challenges continuously evolve and emerge in different ways. There is too much technology in the market, some to appeal to the short term, some to bring long-term value to the product. "Our history since 1979 shows a range of product technologies that we brought afore to add-on to our customers' products. We have always researched technologies to add long-term value that the end customer will be in possession with the product," he concludes. In the realm of automobiles, technology plays a pivotal role in enhancing efficiency. When probed about how they leverage technology to optimize their services and stay ahead in a digital age, Hemit says that Mutual Automotive's research in materials process and tool design has enabled it to contribute realistically to the product development efforts of its OEM customers. "Additionally, we implement heavy automation and robotics in our plants for moulding, painting and assembly lines to increase efficiency. Moreover, we have started our journey towards industry 4.0, which will be implemented in multiple phases.” For more information about the products and processes, please click https://www.mutualautomotive.in/ at enquiry@mutualautomotive.in or contact at 91-22-6689 5300. Mutual has faced its share of challenges as a leader in India's automobile sector. Sharing an instance where his team's resilience and ingenuity triumphed over adversity, Hemit says they are a Tier-One supplier to the Automotive Industry. "All our joys, sorrows and tribulations come via the Auto Industry." COVID has been a landmark in human history. When fear of life got priority versus commitment to work. "At these times, it was the close bond that we have displayed, over the years with our team workers, that or connect 24 www.ciolookindia.com

T The Wheel of Time he global automobile sector is traversing a transformative journey, marked by rapid advancements, innovations, and paradigm shifts. The automobile industry, that ever- churning engine of innovation, finds itself at a crossroads. As the wheel of time turns, new trends are emerging, reshaping the automotive landscape. The winds of change are whipping through the streets, propelling a kaleidoscope of trends that promise to redefine the way we drive, own, and experience mobility. Buckle up, for in this tapestry of twenty, we explore the forces reshaping the global automobile landscape: Top Twenty Trends Emerging in the Global Automobile Sector 1. EVolution Unleashed: Electric vehicles, once a niche fantasy, are charging headlong into the mainstream. From luxury titans like Porsche Taycan to affordable workhorses like Tata Nexon EV, the choice is expanding daily. Charging infrastructure is catching up, and range anxiety is fading faster than a Tesla disappearing in the rearview mirror. 2. Autonomy Ascends: Self-driving cars, once the stuff of science fiction, are inching closer to reality. Google's Waymo and Tesla's Autopilot lead the pack, navigating their way through the complexities of city streets and open highways. Ethical considerations and legal hurdles remain, but the promise of safer, more efficient commutes is too tempting to ignore. 3. Connectivity Conquers: Cars are evolving into rolling smartphones, seamlessly integrated with our digital lives. Voice assistants like Amazon Alexa and Google Assistant take center stage, controlling everything from music to temperature to navigation. Connectivity also unlocks the potential for real-time traffic updates, predictive maintenance, and even car-to-car communication, paving the way for smarter, safer roads. 26 www.ciolookindia.com 27 www.ciolookindia.com

4. Subscription Revolution: Owning a car is becoming so last season. Subscription services like Car2go and Volvo by Care offer flexible access to a kaleidoscope of vehicles, catering to changing needs and shrinking budgets. This shift, fueled by the sharing economy, reshapes the relationship between driver and car, prioritizing usage over ownership. 9. The Power of Data: Data is the new oil, fueling the automotive revolution. From optimizing manufacturing processes to personalizing the driving experience, carmakers are leveraging data insights to gain a competitive edge. Cybersecurity, however, remains a critical challenge in this data-driven landscape. compete with established giants. Imagine a future where custom car parts are printed on demand, and local communities manufacture vehicles tailored to their specific needs. 15. The Sharing Economy Shifts Gears: From carpooling apps to peer- to-peer rental platforms, the sharing economy is making car ownership less essential. This collaborative approach not only reduces congestion but also fosters a sense of community and environmental responsibility. 10. AI Reimagines the Engine: Artificial intelligence is not just for self-driving cars. It's optimizing combustion engines, designing efficient electric powertrains, and even predicting component failures before they happen. AI is poised to revolutionize the way cars are designed, built, and maintained. 5. Personalization Takes the Wheel: Gone are the days of one-size-fits-all vehicles. Customizable interiors, adjustable driving modes, and even AI- powered recommendations are tailoring the driving experience to individual preferences. Expect to see cars that learn your habits, anticipate your needs, and become extensions of your personal style. 16.AI-powered Predictive Maintenance: Artificial intelligence is being utilized for predictive maintenance, allowing vehicles to anticipate and address potential issues before they result in breakdowns. 11. The Metaverse Merges: The virtual and physical realms are colliding, and the automobile industry is not immune. Expect virtual showrooms, immersive test drives, and even augmented reality navigation to blur the lines between reality and the digital world. 6. Micro Mobility Mania: Cities are being swarmed by a swarm of scooters, e-bikes, and other micro-mobility solutions. These nimble, urban warriors offer last-mile connectivity, reduce congestion, and promote eco- friendly commuting. Look for integration with public transport and seamless multi-modal journeys in the future. 17.Enhanced Vehicle Cybersecurity: With the increasing integration of digital technologies, there is a heightened focus on cybersecurity to protect vehicles from cyber threats and unauthorized access. LOOK I N D I A www.ciolookindia.com VOL 01 | Issue 04 | 2024 12. Sustainability Steers the Course: The climate crisis casts a long shadow, and carmakers are scrambling to green their act. From embracing recycled materials to exploring alternative fuels like hydrogen, the focus is on reducing emissions and minimizing environmental impact. 18.Personalized In-Car Experiences: AI and machine learning are enabling personalized in-car experiences, from adaptive infotainment systems to customized climate control and driver assistance preferences. Candor Group of Schools Crea?ng a Community of Dedicated and Spirited Learners Trends and Innova?ons Blended Learning and the Future of Educa?on 7. Materials Metamorphosis: Steel and plastic are facing a challenge from lighter, stronger materials like carbon fiber and aluminum. This focus on weight reduction translates to improved fuel efficiency and performance, pushing the boundaries of automotive design and engineering. LOOK 19.Urban Air Mobility (UAM): The exploration of urban air mobility solutions, including flying taxis and drone deliveries, is gaining traction as a response to growing urbanization and traffic congestion. 13. The Rise of the Robot Workforce: Automation is transforming factories, with robots replacing humans in repetitive tasks. This not only increases efficiency but also improves accuracy and consistency, leading to higher-quality vehicles. I N D I A www.ciolookindia.com 8. Safety Shields Upward: Advanced driver-assistance systems (ADAS) are becoming standard equipment, adding layers of protection to every journey. Features like collision avoidance, lane departure warning, and blind-spot monitoring are reducing accidents and saving lives. 20.Resilience and Adaptability in Supply Chains: The automotive sector is reevaluating and strengthening supply chains to enhance resilience, reduce dependency on specific regions, and adapt to global disruptions. EXCELLENCE IN EDUCATION : SHOWCASING INDIA'S BEST SCHOOL - 2024 14. Democratizing Design and Manufacturing: 3D printing is breaking down traditional barriers to entry, allowing smaller players to 28 www.ciolookindia.com

Bulletproof Solu?ons Tailor-made for Your Complete Security Needs Shield Armoring With get maximum bulletproof protec?on for your organiza?on or family with the help of a personalized range of armoring solu?ons that are tailor-made to suit your unique security needs. , I individuals, then you know you are bound to be surrounded by threats from every direction. In all such unforeseen and unfortunate situations, the difference between you being lucky or not is Shield Armoring Pvt. Ltd.––one of the leading bulletproof car manufacturers delivering custom armoring solutions. n modern times, the moment you step out of your home, garage, office, work or any other place riding in your car, if you are one of those very important shapes and sizes, their team have delivered excellence in the given industry for over several decades. “Through our in-depth industry expertise, we have the experience of providing access to high-end armored vehicles to our valuable clientele, including corporate clients, banks, agencies related to law enforcement, individuals, and so more all across the country,” he adds. Towards addressing the common threats that its clients tend to face all around the country, Shield Armoring is one of the most famous armored vehicle manufacturers in India, employing the best industry practices. Surinder Singh assures that they take special care of top-class technological innovation, top-notch quality management, and design assurance. He claims, “Our impressive fleet of armored vehicles is assured to deliver immense security and protection.” Shield Armoring’s CEO, Mr Surinder Singh Rathor, ensures, “Get maximum bulletproof protection for your organization or family with the help of our personalized range of armoring solutions that are tailor-made to suit your unique security needs.” Since its inception, Shield Armoring has gained the reputation of being one of the leading armored car companies specializing in designing and producing a wide range of armored vehicles. Being one of the top armored car companies, Shield Armoring is committed to designing and producing a wide fleet of armored vehicles, including special-purpose cars or vehicles, bulletproof luxury sedans, executive SUVs, personnel carriers, transit vehicles for cash, and so more. Now you must be wondering, can you buy an armored car? In answer, Surinder Singh says that buying an armored car from the best armored car companies is completely legal and ethical. Armored vehicles serve a wide range of specialized purposes, from improving overall security to handling special tasks like money transfers and so on. Defining armored vehicles, Surinder Singh says they are special vehicles that deliver great security as most are made of top-grade bulletproof materials. You can check the huge collection of armored vehicles at https://www.shieldarmoring.com/. We Make You Invincible Surinder Singh Rathor According to Surinder Singh, as Shield Armoring is one of the topmost armored vehicle companies known for designing and producing bespoke bulletproof vehicles of all CEO Shield Armoring Pvt. Ltd.

The Most Promising Automobile Companies We Shield You *Documentation best. Our pricing, quality standards, delivery time and client service have made Shield India the primary supplier to some of the most demanding clients and government agencies.” Surinder Singh further informs that the usual time for having a vehicle armored is typically between 90-150 days (three to five months). Most leading bulletproof car manufacturers offer a typical warranty of around three years on the manufactured product. He adds, “At Shield Armor- ing, our clients range from banking organizations to law enforcement firms, individuals looking for advanced security, and more.” Extensive documentation is maintained for each vehicle throughout the manufacturing process. Shield Armoring retains all vehicle inspections, glass, steel certifications and all documentation about the vehicle for future reference and traceability. Shield India stands reputed for consistently manufacturing top-quality armored vehicles globally. Armoring Standards Shield is ISO 9001: 2008 certified and adheres to the ISO policies and procedures to maintain high quality control standards and promote continuous improvement. Shield India confines its armoring to selected models produced by well-known manufacturers to ensure its customers get the comfort, performance and protection they deserve for their investment. Surinder Singh appeals, “Let Shield Group help you with the appropriate vehicle for your protection and safety needs.” Surinder Singh further says that they at Shield Group endeavour to accomplish achievements each year consistently and add a new milestone in their voyage with services and superior innovations. They handle market requirements and open new doors in the security industry. “The most crucial factor of our prosperity depends on our corporate governance and the culture that we have adopted. For us, our accomplishment is clients’ safety, which we deliver through our customized quality products,” says Surinder Singh. *Manufacturing Plant Shield Armoring is India's largest armoring company, with over 45000 sq. ft. manufacturing unit at Ahmednagar (Maharashtra). The manufacturing and sales team is dedicated to producing, selling and distributing armoured SUVs to various government agencies, commercial and civilian in India and worldwide. Shield's domestic presence ensures that Indian customers will get the attention and support required to make critical decisions while buying armored vehicles in India. Shield India builds bulletproof vehicles as per industry standards and is a showcase of production efficiency. Implementing the principles of Lean, Six Sigma and ISO, the company manufactures its ballistic and blast-resistant vehicles in an assembly line process. Quality tests are performed at every stage from the start till the completion of the armoring process. A successful on-road test finally completes the process, and the vehicle is ready for delivery. For Shield, customer satisfaction is its number one priority. From a global perspective, you will be happy to know that Shield Armoring has left the challenging competition far behind. It is the brand-new face of a new era. The company deals with every operational hurdle and faces challenges effectively through its research and development. “We constantly strive to be your shield against all threats and therefore promise to extend our support throughout our relationship,” states Surinder Singh. Shield Armoring’s 100% Quality Assurance Unmatched Tactical Prowess ~In-Process Inspection: Each vehicle is visually inspected daily by qualified quality control inspectors. The inspectors document each process throughout the production of each vehicle. Shield Group of Companies has developed quality assurance policies and procedures that are common and practised between all four of our manufacturing facilities. Focus on the quick and uninterrupted flow of products and materials enables Shield India to provide the right product at the right time. Absolute value for money is delivered even for custom armoring requirements. *Inspection ~Post-Production: Once the armoring process is complete, our quality inspectors will subject the vehicle to a post- production inspection. This inspection consists of an entire vehicle interior inspection to ensure correct fit and finish, an exterior inspection to ensure no flaws or damage and a road test to ensure the vehicle is operating at optimal performance. All vehicles are subjected to four categories of documented inspections from chassis delivery to the finished product being shipped. These include receiving inspection, in-process inspection, post-production and pre-delivery inspection. Shield India Bulletproof SUVs fully resemble the street version of the OEM vehicle – down to the minute details of the decorative trim. Dedicated to quality and innovation, the manufacturing plant is also home to leading-edge support capabilities for machining, testing, quality control and customer service. ~Receiving Inspection: Surinder Singh shares, “As the new Chassis arrives at our facility, the vehicle is inspected for any damage before it can proceed to production.” ~Pre-Delivery Inspection: “Before the vehicle is loaded for shipping, our quality control inspectors will thoroughly inspect the vehicle one last time to confirm the accuracy of the previous inspection,” informs Surinder Singh. Surinder Singh says, “We feel proud to be an innovative and quality-conscious armored vehicle manufacturer. Whether for tactical vehicles or personal protection, we offer you a wide range to meet your requirements and expectations 32 www.ciolookindia.com 33 www.ciolookindia.com

The exterior of Shield armored vehicles remains unchanged and is indistinguishable from the original manufacturers. The armoring is installed inconspicuously, maintaining a low-profile exterior appearance and high protection. Additional features include: A complete ballistic armored firewall provides maximum protection for vehicle occupants. Blast protection against simultaneous detonation of two DM 51 hand grenades, armored walls and roof. Shield-designed upgraded reinforced door hinges and alignment supports. Large ballistic door seam overlaps for maximum protection during the assault. Overlaps upholstered to match vehicle interior. The suspension system was reinforced as necessary to compensate for the additional weight for armoring. Armored Fuel Tank Protection. Optional operable ballistic windows. Run-flat wheel inserts are designed to keep your vehicle moving under attack. Ÿ Ÿ Ÿ Ÿ Ÿ Ÿ Ÿ Ÿ Armoring material testing is done from international and Indian laboratories. Vehicle after armoring being tested at Vehicle Research and Development Establishment (VRDE), a DRDO establishment. Certified and tested vehicles are available. ISO certified. Delivery 24/7 is available all over India. Ÿ Ÿ Ÿ Ÿ Ÿ Ÿ The Complete 360° Protection For more information, please click https://www.shieldarmoring.com/, or connect at info@shieldarmoring.com, or contact at (+91) 9823333336, +91-22-28656666. Shield Armoring Advantages A decade-long experience in building and supplying vehicles. State-of-the-art manufacturing set-up. A vast network of dealers in India and abroad. Over 100 different models are available for armoring. More than ten States’ Honorable CM and VVIPs are using Shield India vehicles. The design is being inspected by many state government police and approved. All materials are sourced from internationally renowned suppliers. Ÿ Ÿ Ÿ Ÿ Ÿ Ÿ Ÿ 34 www.ciolookindia.com

Beyond Boundaries

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The Most Promising Automobile Companies

The Most Promising Automobile Companies

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