BMGI India and CII Presents Innovation as the Key Catalyst for Make in India at the 5th Manufacturing Innovation Conclave

1. BMGI India as Knowledge Partner in the 5th Manufacturing Innovation Conclave 2015

2.  As the knowledge partner for the event held at ITC Maurya, New Delhi on the 19th June 2015, BMGI and CII Presents Innovation as the Key Catalyst for Make in India at the 5th Manufacturing Innovation Conclave.  The event was organized by CII, which works to create and sustain an environment conducive to the growth of industry in India.

3. Keynote Address by Dr. Kurichi Kumar, Head of Engineering, Rolls Royce India Pvt Ltd. Dr. Kurichi Kumar, Head of Engineering, Rolls Royce India Pvt Ltd, shared the practices Rolls Royce Adopts to manage innovation. He shared the sourcing of ideas through well networked universities around the world and collaboration with suppliers that fits into the structure of Generate - Develop - Review - Select process for innovation that is managed through a portal.

4. Nirmalya Banerjee, Business Head at BMGI, explored the reasons why anyone would want to manufacture in a particular country. Explaining that the reasons couldn't go beyond making it cheaper, better or faster, he shared that India needs to currently move beyond making manufacturing cheaper for global organizations to come and 'Make in India'. Mr Banerjee reinforced that innovation can make this possible and open up possibilities for developing multiple alternatives for carrying out the same solution. He signed off by sharing that India has been a follower by executing and scaling up products innovated elsewhere, but it is time for India to innovate, leverage available frameworks and realize the aspiration of 'Make in India'.

5. Sandeep Sinha, Chief Operating Officer, Cummins India Ltd.

6. Some of the key takeaways from the panel discussion of MIC 2015: 

- Innovation is definitely the approach to provide cost effective solutions and capex /opex business models.

- There are abundant opportunities and it's important to tap the same by understanding latent needs of the customer.

- Building robust product development processes.

- Imbibing cultural change of thinking process, right from schools with industry-university collaboration. Innovation continually happens in a company.

BMGI Presents Framework for Commercial Vehicles Makers to Increase Growth Rate

BMGI as the key knowledge partner represented a framework for Commercial Vehicle players at India Commercial Vehicle Summit 2015, held in Westin hotel, Pune on 28th and 29th of May 2015. 

The event chairman Naresh T Raisinghani, CEO & Executive Director, BMGI, addressed the delegates and shared the current trends in the Indian Commercial Vehicle Industry and shared levers that could change the game in the Indian industry. The levers he shared include keeping aging vehicles off the road, mandating BSV norms, financing with low or nil interest cost vehicle for Light Commercial Vehicle’s and rapid infra development. He mentioned how he perceived that the current government was being aligned for the betterment of the industry.

BMGI unveiled a whitepaper titled “Revamping Logistics in Commercial Vehicle Manufacturers” which emphasizes on the need for a complete make over of supply chain for a sustained growth in the automobile Industry in India and thus contribute significantly to the country’s GDP.

Mr Banerjee Business Head, BMGI has explained ways for organizations to identify different opportunity for CVs makers. He shared presentation on “Going beyond Commercial Vehicles” focusing the organization to look into a direction beyond what is in the known realm today, inspiring the audience to look at the related jobs and opportunities. 

The big automotive companies which participated in the summit  Tata Motors, Mercedes Benz,Mahindra & Mahindra, Ashok Leyland, AMW Motors, John Deere, ARAI, Maruti Suzuki.