Power List 2020

Auto industry in particularly has been going through a lot of challenges. Every company has been finding alternative markets to keep top and bottom lines intact, degree of success is another subject, however, there is a silver lining – while the capacity utilisations have dropped, there are models with a waiting period of over six months.
Technology push to EV and BS-VI is another driver to upgrade consumer awareness about sustained mobility. While it becomes difficult to compete while opening opportunities for growth, end customer is in the core for any large scale innovation. IIoT, factory of the future, machine learning,
AI and other buzzwords have been used to drive operational efficiencies. The company is looking for healthy RoI on any investment done on digitisation. While it is clear that transparency and availability of monitoring power will improve operational efficiency and result in reduced costs,
however, to get to that level the path is dark and yet not clear. Because:
• Customisation needed which is not cost effective
• Lack of trained implementation resource – dependence on overseas support again adds to cost
• Culture of handling data based decision is still in crawling mode JK Tyre is ahead of the curve and have taken following initiatives:
• Sensor based equipment monitoring through cloud and using that database for equipment health predictions
• Plant level data collection from multiple equipment and collating it to monitor productivity, energy
• Product level genealogy for complete traceability in process for failure mode analysis and p