Autocomp R&D spend less than 1% of current turnover: Sunjay Kapur

Sunjay Kapur talks about how more needs to be done in research, but investments also need a large market size

As the focus on circularity and sustainability increases, are Indian automobile component (autocomp) makers investing more in research? SUNJAY KAPUR, president of Automotive Component Manufacturers Association of India and chairman of Sona Comstar, in an interview with Sohini Das, sheds light on how more needs to be done in research, but investments need a large market size as well. Edited excerpts:

Are Indian autocomp makers investing in ‘green’ components?
 

The trend toward green sourcing, green energy, and green buildings is becoming increasingly mainstream. Recycling is a form of ‘green’ as well, and it’s all moving towards the broader theme of