8OCTOBER 2024ANAND GROUP TO INVEST IN THEIR MANUFACTURING CAPABILITIES TO CATER EVSSIEMENS LAUNCHES CLOUD SYSTEM TO REVOLUTIONIZE RAIL SIGNALINGThe ANAND Group, a major player in the auto component industry, is investing Rs 600 crore in the current financial year to bolster its capabilities, with a focus on introducing advanced and emerging technologies to the Indian market, particularly for electric vehicles (EVs) and sports utility vehicles (SUVs). This investment is part of a larger Rs 3600 crore plan that spans five years, set to conclude by FY25, aimed at strengthening the Group's development and manufacturing of advanced auto parts.Gabriel India, the Group's listed arm, holds a 35 percent market share in the rapidly growing SUV segment, in comparison to its 23 percent overall share in the passenger vehicle (PV) market. According to Mahendra Goyal, CEO of ANAND Group, most of their companies are now supplying components tailored for SUVs. These include high-end electronic power steering systems and electronic stability control systems for braking, supplied by Mando ANAND India, as well as shock absorbers for SUVs manufactured by Gabriel.Additionally, Dana Anand has witnessed increased sales of drive shafts and axles, both essential for SUVs, while MAHLE ANAND Thermal Systems is providing e-compressors and PTC heaters designed specifically for the new generation of e-SUVs and other electric platforms.As a result of these developments, the Group has seen a notable rise in revenues from the SUV sector, which now contributes 35 percent to its total revenues, up from 20 percent five years ago. Furthermore, 6 percent of ANAND's revenues are currently generated from its electric vehicle parts manufacturing, which caters to both electric four-wheelers and two-wheelers. Siemens Mobility, a German multinational, has launched Signaling X, a new cloud-based signalling system for mainline and metro rail systems. This innovation builds on Siemens' "X" portfolio, designed to digitise the end-to-end signalling ecosystem in response to the anticipated doubling of passenger capacity by 2050. Michael Peter, CEO of Siemens Mobility, highlighted that Signaling X integrates various signalling systems into a single cloud platform, offering open interfaces for further functionalities.The new system aims to enhance rail capacity, operations, and maintenance by allowing network signalling to be controlled from a single Signaling Data Centre. It manages both safety-critical and non-safety-critical applications using standardized APIs, and integrates with Train Planning Systems (TPS) for diagnostic and optimization purposes. The platform will operate within a cybersecure environment, built on Siemens' Distributed Smart Safe System (DS3), which has been successfully implemented in Austria, Spain, and Finland.Andre Rodenbeck, CEO of Rail Infrastructure at Siemens Mobility, noted that Signaling X centralizes rail infrastructure data from long-distance, intercity, and urban traffic into one hardware-independent cloud centre. This will significantly improve operational efficiency, reducing installation costs, consolidating operating locations, and streamlining maintenance activities. Customers can expect better flexibility, georedundancy, and overall operational improvements with this new suite of technologies. TOPSTORIES
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