Makers of safety-critical parts on capex drive to get set for new rules

Not much gain for seat belts, which are a standard feature in several vehicles; but the airbag rule--as and when it takes effect--will have a multiplier effect on safety-critical components

Manufacturers of airbags, advanced driver assist systems (ADAS), and electronic stability control (ESC) are investing in capacities and localisation of technologies to capitalise on the upcoming stringent legislation related to passenger safety and strong demand for feature-rich premium cars.

Joyson Anand Abhishek Safety Systems — an Anand Group company that makes airbags, seatbelts, crash sensors, and child restraint systems —has earmarked an investment of around Rs 250 crore for production ramp-up and localisation. The company has invested around Rs 100 crore in research and development, said Mahendra S Rajawat, president and managing director at the firm.

 “With the new regulations,