Continental Automotive announces to locally produce Passenger car ABS and ESC at its plant in Gurgaon, Haryana
India: On
account of increasing awareness and acceptance of safety technologies like
airbags, Anti-lock Brake Systems (ABS) and Electronic Stability Control (ESC)
in India, the Chassis & Safety Division of Continental Automotive has
announced to start its production for ABS and ESC units within 2016. The
company will set up a new assembly line for ABS and ESC units for passenger
cars and later ABS units for two-wheelers, in its existing Continental
Automotive Brake Systems plant in Gurgaon, Haryana. Moreover, the localisation
of the Electronic Control Unit (ECU) is planned for the year 2018 in Bangalore.
The company is targeting the delivery of its first localized ABS/ESC products
for India to a leading vehicle manufacturer, by the end of 2016.
According
to Claude d’Gama Rose, Managing Director, Continental Automotive Components
India, “India tops the list of nations in total number of road fatalities. The
widespread use of ABS, airbags and ESC in vehicles can contribute considerably
to reducing the number of serious injuries and fatalities on Indian roads.” He
further added, “With decades of experience in this area, Continental offers a
portfolio of high performance and advanced products which can contribute to
greater road safety”
In
2014, 32,524 people lost their lives, and over 127,000 were injured in two
wheeler accidents in India. As per the recent notification from the Indian
Ministry of Road Transport and Highways all two wheelers with an engine
capacity exceeding 125cc manufactured from April 1, 2017 need to be fitted with
anti-lock braking systems. Therefore, all existing two wheelers exceeding 125cc
need to be fitted with anti-lock braking systems from April 1, 2018.
TechSci
Research is of the view that this will help Continental Automotive Components
India expand its presence in the market as there is an increase in automotive
production and sales, expanding automobile fleet, and continuously rising
aftermarket demand.
The
recent report published by TechSci Research, “India Automotive Brake Pads, Shoes, and Linings Market
Forecast and Opportunities, 2020” depicts the current
scenario and the growing potential of India’s market, wherein, the two-wheeler
automotive brake pads & shoes segment is anticipated to maintain dominance
in the overall automotive brake friction market.