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Interview with President of Automotive Component Manufacturers Association,India

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CIOL Bureau
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BANGALORE,INDIA.

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Name: Mr Srivats Ram

Designation: President

Association: Automotive Component Manufacturers Association

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Srivats Ram juggles multiple challenging worlds with great aplomb as MD, WheelsIndia and as President ACMA. His strength to do this comes from his passion and commitment towards the development of SMB in India. Ram is a management graduate from USA and is also on the board of several companies.

ACMA has over six hundred organizations under its belt as members and Tier 1, 2 and 3 SMB organizations are further members too. This association conducts Trade Promotions, participates with its members in International shows, takes people on Trade shows, participates in various meetings that address technical norms at national and international levels, representation to the government on policy matters. The functioning of ACMA is comprehensively structured in a way that various sub committees are responsible for various aspects of the automobile segment.

Also read: Profile of ACMA

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ACMA operates in a very professional and structured manner, which is visible in the processes followed, and the priorities set up for the coming year. The focus for the forthcoming year includes addressing issues related to:

Ø Capacities (which includes engagement with vehicle manufacturers, tier 1, 2 and 3 companies and capital goods industries)

Ø Skill Development with a focus on specialization

Ø Standardization and implementation of best HR Practices

Ø Focus on the management of scaling up

ACMA bears in mind the great VISION 2020, which is to be $110bn auto segment and conducts / plans all activities to align and achieve the same. The need therefore is to increase productivity, competitiveness and technical capabilities. ACMA conducts over 300 programs a year.

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Also read: SMB Resource Center

One needs to invest time, energy and be continuously dedicated to ensure that the assigned goals and objectives are met. In the long run, the vision of ACMA is to make the auto industry better equipped to grow and succeed. The challenge is to scale up at great speed and keep pace with change, policy changes are mandatory and required to enable growth and the association should change and adapt itself to the dynamism of the industry.

Ram’s message for the upcoming entrepreneurs is that India is evolving as a large market economy. There is more growth in the next decade here than in any other geography and hence it’s a very good time to be an entrepreneur.