Event report
Site Visit to Amalgamations Valeo Clutch Pvt. Ltd.
IFCCI Mumbai under the aegis of the Industries Committee and in association with Valeo India,organized a site visit to Amalgamations Valeo Clutch Pvt
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The Indo-French Chamber of Commerce and Industry (IFCCI), under the aegis of the Industries Committee and in association with Valeo India, organized a site visit to Amalgamations Valeo Clutch Pvt. Ltd. in Chennai on Thursday, 27th June 2024.
The visit commenced with a presentation by Valeo India, followed by a tour of the manufacturing unit. This tour highlighted how Valeo France leads India's auto component sector with its 5 Axes methodology, ensuring top-tier cost, quality, and delivery through proactive improvements and a 'right first time' approach. The plant excels in quality strategy, total quality management (TQM), supplier integration, the Valeo Production System, and continuous innovation, cementing its status as a preferred supplier for major automotive companies in India.
After the tour, a fireside chat took place with Mr. Arun Sadheesh, Country Director & Associate Partner at TNP India, and Mr. Jayakumar G, Group President and Managing Director of Valeo in India.
Key discussion topics included:
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Valeo India's success and key growth factors, especially with local Indian players.
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Adapting to market changes, including the rise of electric vehicles and new emission regulations, and potential industry consolidation.
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Strategies to equip the workforce for the evolving automotive landscape, focusing on new skillsets required for electric vehicles.
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Integrating sustainable practices into business, emphasizing data, EV adoption, and advancements in lightweight materials.
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Strengthening the aftermarket sales network and service offerings in response to the increasing market share of used cars in India.
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Valeo India’s vision for shaping the future of the Indian automotive industry and the advantages French companies bring to these challenges.
The event concluded with a networking lunch, attended by over 30 professionals, facilitating further engagement and discussions. We would like to extend our gratitude to Valeo for hosting our members.