Steered here by the country's high engineering skills, established production lines, a thriving domestic automobile industry and competitive costs, global auto majors are rapidly ramping up the value of components they source from India.
The industry is poised to jump from exports of Rs. 61 billion in 2005-06 to Rs. 296 billion in 2011-12.
According to the Automotive Component Manufacturers Association of India, more than a third (36 per cent) of Indian auto component exports head for Europe, with North America a close second at 26 per cent.
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The plastic fuel tanks are not yet very popular in India .Its a developed concept in European countries, and America. In India as such not much previous researches are being conducted on it more of researches are conducted in western Countries.
It being tried through research to fill this gap by proposing manufacturability of Multi layer plastic fuel tanks in India.
A research design is an arrangement of conditions for collection and analysis of data in a manner that aims to combine relevance to the research purpose with economy in procedure. It constitutes the blueprint for collection, measurement and analysis of data.
The research design for this research is exploratory and descriptive, as It being exploring some new facts as well as using some previous researches to know what is the feasibility of new identified product for MATE to manufacture.
It has been the MATE’s Endeavour to constantly add new products in its product line, within the objective of emerging as a single- service interface for multiple customer needs.
MATE’s diversity of product range; coupled with sheer depth within each product portfolio, has helped the company garner the leadership in its area of operations. continuously strengthening its position as a globally preferred solutions provider.
A new product i.e. plastic fuel tanks been identified, if it proved to be a feasible , can prove to be a good step for entry into the market
Then MATE will be the second largest manufacturer of Plastic fuel tanks in India after Yapp – Zoom Chennai.
The company has an array of major carmakers including Volkswagen India, Ford India and Mahindra .
Currently, the Chennai facility has the capacity to manufacture 2.50-lakh plastic fuel tanks a year and the firm is aiming at Rs 80-million sales growth for the first year.
What is more, the company has also planned to set up its second production line in 2011 that would double the annual production.
The company is also scouting for land in Pune to set up another manufacturing unit, following the concept of being closer to the client as Volkswagen India is one of its main clients in the Indian Automotive spectrum.
The JV has invested around $14 million in the first phase. The new facility will cater to the car and SUV segments with the product in the 30-75 litre capacity.
The first test for plastic fuel tanks was done in 1960’s in Europe.
In 1966 the Porsche was the first to use the light weight plastic fuel tanks in it.
VW due to corrosion problem in steel fuel tanks used plastic fuel tanks in PUGAT in 1974.
In 1980 VW used the first HDPE plastic fuel tank in their cars.
It is estimated that some 90 % of all new cars in Europe have plastics tanks, and the technology has been exported to North America, where about 70 % of cars now use this system. In Japan, the market share is considerably lower, at about 7 %.
Inergy Automotive Systems is the Leader in plastic Fuel Systems.
Inergy, headquartered in Paris, employs 4 000 people around the world
Has 22 facilities located in 17 different countries.
Integration and Innovation are the foundation of their activity. In 2008, Inergy has delivered more than 11.2 million Fuel Systems with a turnover of EUR 1.1 billion.
Their global footprint enables them to respond to their customers’ engineering and industrial challenges in any Region of the world.
600 engineers and technicians working in 5 R&D centers based in Europe (3), Asia (1) and North America (1) lead the development INERGY is committed to offering OEMs a complete range of simulation analysis and results and has developed its own simulation tools.
The use of virtual prototyping in the Fuel System development has allowed for increased product quality and process efficiency.
TI Automotive Ltd. engages in the design, development, and manufacture of integrated fuel storage and delivery systems and components for cars and trucks.
The company offers multi-layer blow molded plastic fuel tanks..
TI Automotive was founded in 2001 and is headquartered in Oxford, the United Kingdom with an additional office in Warren, Michigan.
The company also has locations in Europe, Africa, Australia, South America, North America, and the Asia/Pacific, as well as facilities in Auburn Hills and Caro, Michigan; Rastatt and Fuldabruck, Germany; Greeneville, Tennessee; Chalons, France; and Cacapava, Brazil.
TI Automotive Limited is a former subsidiary of Smiths Group plc.
TI does 55% of its business in Europe, 25% in the Asia/Pacific region and 20% in North America.
It has been the MATE’S Endeavour to constantly add new products in its product line.
A new product i.e. plastic fuel tanks been identified.
As it involves the life risk, we have to meet all the safety standards. so related finding are: to use those materials which are meeting the standards of safety, design, corrosion, weight, emissions etc.
The technological requirements are: extrusion blow molding machine used to manufacture plastic fuel tanks.
The cost involved in manufacture of complete fuel tank system assembly is INR 39,098. Which is very less comparable to the manufacturing price what world other players are offering.
Plastic fuel tanks, for passenger/light commercial/heavy vehicles , are not very popular in India. However, it is an established and well-accepted concept in developed countries in Western Europe and USA.
Considering this, establishing plastic fuel tank manufacturing capacity in India is expected to provide good opportunity in the automobile industry.
European market response for our product is positive.
MATE can spread awareness about the product to the OEM’s in the country. As Indian automobile industry is growing at a very high pace, it can attract even domestic market also for the same product.
Since most of these major OEMs are based in developed countries of Europe and America and are already using plastic fuel tanks in their existing models . They can be the potential target market for MATE.
And also the OEM’s outsource the components from India, due to low cost involved, it can be a great opportunity for the company to enter into plastic fuel tanks.
It is a very technical component, so we have to have technological expertise.
Already riding on the economies of scale, India offers availability of low cost raw material, cheap and high skilled labour. These advantages combine with the existing facilities and product line of MATE makes it good product to invest in.
Being a technical and highly précised product, in house development of the product involves high R&D cost. To save on the development cost, it is better to go for a technical agreement or JV with one of the major manufacturer identified.
The JV can aim at catering to the huge demand-supply gap.
Other Global Safety and Quality standards need to be adhered to.
Need to abide with local government regulations on manufacturing similar kinds of product.