quarterly news letter race...
TRANSCRIPT
CEO Desk
Quarterly News Letter
January 2013
Issue - 01
RACE INNOVATIONS
www.raceinnovations.in
NEWS LETTER
We had an excellent year 2012 at RACE in terms of enhancing our customer values, employee participation and inspiring profits. We would like to express our sincere gratitude to our customers towards their continued support to RACE. We are glad to kick start the year 2013 more confidently with two new orders from an International Truck& Bus OEM and a global trailer manufacturing company. During the year we have strengthened our research team with quality and trained man power and firmed up our processes to
deliver desired results. Our GEM™ model of excellence, Generate Execute and Measure has helped us to remain customer focused and execute deliverables to maximum customer satisfaction. Many of our syndicated research on Bus, Trucks, Trailers, Tippers, aggregates have international recognition. Our major thrust on developing associates across the world has been fulfilling as we could forge an alliance with the Institution like IIET in Chennai, consultants in UK, Europe & China. As part of the execution model and strategic consulting approach we have created required infrastructure at our engineering center for analysis, animation models etc.,our interface engineering and application engineering capabilities support our customers to realize full potential from our services. With skilled engineers and infrastructure in place we are prepared to take up new projects in the year 2013. During the year we have inherited newer systems for documentation, benchmarking methodology, technology innovation, analysis, QFD, DFMEA etc. Our core engineering capabilities, proto building, testing and validation is perceptible through
our projects on Bus Chassis/transmission, Car Transportation, Truck transportation, Modular Trailers, extendable Platform Trailers and many more. Our value added services in the field of over dimensional cargo coupled with location based intelligence in terms of understanding the road dynamics, statutory regulations related to transportation and logistics has helped many customers in the field of ODC movement. Our continued efforts in this field can help Vehicle OEM, Trailer OEM, Component OEM and many customers to
understand the road transport & logistics in India. During the year we have launched our new website www.raceinnovations.inwith modern outlook for our customers to better understand our services and to interact more easily than before. Our major objectives for the year 2013 is to create SITBAM, Society of Indian Trailer and Body building Association of Manufacturers in India and a major recognition program in the CV industry for the best practices in collaboration with a large auto magazine. I thank once again all our customers, employees, industries, investors and other stakeholders for a rewarding 2012 and seek their continued patronage for the year 2013. I wish you each & everyone for a happy new year 2013. M Sriram CEO
Our Clients
RACE INNOVATIONS - INTELLECT Page 2 of 6
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Chennai, India – December 13, 2012RACE has bagged an order from a global major in truck & bus segment to conduct a feasibility study on establishing a tipper manufacturing facility in India. The OEM has a strong presence globally and wants
RACE strikes a major order from a truck & bus OEM
Chennai, India – July 16, 2012 -- RACE Innovations, an emerging leader in consulting, project management & engineering services has signed up an agreement with Black Diamond Motors Private Limited towards development of bulker product, car carrier, truck carrier and assistance
RACE –Black Diamond, a successful association
to establish their brand in India. RACE Intellect, Technic, Manufacturing & Outbound Teams will work in line with each other to execute the project for OEM. The scope of the order would be to
conduct a Feasibility Study, Prepare Layouts, and Identify Best Practices for Manufacturing, Vendor Evaluation & Handhold them in every phase of initial kick start.
in manufacturing of extendable platform trailers. RACE Technic team will support Black Diamond Motors initially by providing design for bulker products, car carriers & truck carriers. RACE will also support them in the production of extendable platform trailer
for Sonu Cargo, all rights reserved with RACE. RACE Intellect team will provide market inputs and guide Black Diamond Motors through the entire process. RACE will indulge in getting the mandatory approvals and certificates for Black Diamond Motor’s trailers.
RACE Innovations bagged a new TECHNIC order from TATA DLT, leading manufacturer of Flatbed trailers and side wall trailers. Chennai, India – May 25, 2012 -- RACE Innovations, an emerging leader in consulting, project management & engineering services and TATA DLT, a
RACE signs contractwith Tata DLT for design support
leading manufacturer of Flatbed trailers and side wall trailers signed up an agreement to improve and develop the car carrier designs for carrying various sizes of cars at the TATA DLT manufacturing facility. During this period, RACE shall provide designs, manufacturing and sourcing
support to TATA DLT towards production of the desired Car Carrier. RACE will provide sufficient manpower to assist and support the proto development based on new designs. In addition, RACE’s Intellect team to deliver immaculatemarket intelligence and robust pricing strategies to TATA DLT to spearhead in the competitive marketplace
Chennai, India – December 5, 2012 - RACE Innovations, an emerging leader in consulting, project management & engineering services has signed up an agreement with a Global
Leader in Trailer Manufacturing towards a market research on Indian Trailer Market pertaining to Open Body, Closed Body & Tip
Major Research Order from a global trailer manufacturing giant
Trailer Markets.RACE Intellect team will work on this project and conduct a deep dive analysis into the specified markets and prepare a comprehensive report which will
enable them to foray intothe Indian market.
RACE undertakes bus research for a VOEM
TESTIMONIAL
Mr.Jan Bor Co CEO,
Telma Global
“Drive for Excellence is not just
an Slogan with RACE, is within
their DNA, it is in their blood
stream & they are absolutely
the right partner to come &
establish yourself in India but
also once established to take
over certain services.
RACE made it possible for
Telma to enter into the market,
I would guess around 3 to 4
years earlier than we would
have done by our own force as
well as with our own energy.
Telma group is not the only
company who is looking at
India for growth & sustainable
economics, they will be other
companies following us & I
would recommend on my point
of view specifically linked to our
Industry that you contact RACE
& get to know the team,
innovators, young, bright,
energetic but also on other
hand skilled & driven by
experience”
Mr.A. Sadiq Director, Parveen
Travels, AB Group
“RACE is the best project
engineering & consulting
company in the field of
transportation & logistics.
RACE assisted us in creating
the concept “Motor zone” an
integrated service facility for
medium & heavy commercial
vehicles and now an
established business unit. We
wish our association with RACE
will continue and enable us to
taste success in our future
projects”
Chennai, India – July 10, 2012 RACE Innovations, an emerging leader in consulting, project management & engineering services has bagged an order with a major Vehicle OEM in India to conduct a market study the Indian BusMarket.
RACE Intellect team conducted an extensive research on the Bus market in India which enabled the senior management and executive team of the VOEM to take strategic decisions on venturing.
nto the bus market.
RACE INNOVATIONS
Page 3 of 6
SML ISUZU finally found a solution for their frequent brake issues occurred in field by opting to Telma in their new high Horse Power intercity coach. ISUZU previously had PMR (Permanent Magnetic Retarder) on their vehicles which are not efficient enough due to low retardation Torque& frequent maintenance. ISUZU opted for change &Telma already
having released globally on
TELMA bags ISUZU Intercity coach order
Telma hasofficially established its Indian subsidiary Telma Retarder IndiaPvt. Ltd. (TRIPL). The company iskeen on tapping the vast potentialin the Indian market and is confidentof garnering a strong market share in 2013. “The Indian retardermarket is growing but at a slower pace than expected. The fleetoperators many of whom are ourcustomers recognize the need for retarders, however the penetration levels are still as low as three percent in buses and almost nothing in trucks and tippers”, says Mr. JanBor, Chairman, TRIPL. In 2013,the company expects to sell closeto 500 units imported as CBUsfrom its group production entitiesin France and China. It will startassembling units at its own productionfacility in Chennai by Q4 2014, by when it will develop a robust and reliable supplier base locally, on par with Telma’s Global quality standards. By Q4 of2015, the companyis likely to be readywith a completely localized product forthe Indian market. “We have a goodopportunity to growthe Indian retarder Market to more than five percent in the next two years. Wesee huge potential in India in the medium and long term”, remarks Mr. M. Sriram.
Telma takes step further towards setting
up manufacturing facility in India
ISUZU transmission backed up with field performance helped ISUZU opt for Telma.Telma with high retardation torque, predominately Stop & Go application, faster ON/OFF response time & Maintenance free for life certainly expect to increase the brake efficiency &fetch better feedback from the end users. We expect the new SML ISUZU bus rolling in the
roads by 2013.
Leader in Indian Truck market AMW has finally in the process of launching their first ever bus for the India Market. It will be a 6x2 Front Engine intercity coach targeted on Luxury segment with reduced cost. With heavy competition from the hydraulic retarder manufacturer, Telma has
Much anticipated AMW’s first ever bus is
under trial with Telma
finally fetched the order based on its past field performance& unique benefits like maximum retardation torque available starting from 3kmph speed & maintenance free for life. Currently the buses are under trails & soon expect to roll in Indian market by 2013.
Telma revealed its future technology in the field of auxiliary braking system through the eco-friendly hybrid retarder &new age Telma Input Retarder (TIR) to the Indian OEMs. Even though Telma has got mixed reaction from the customers, they predict TIR will provide
Telma unveils TIR & Hybrid concept to
Indian customers
complete retarder solution to the Indian CV industries. Mainly due to its compact design, less weight (78 kg), integrated Electronic control, less power consumption &added with existing benefits TIR certainly will be changing the trend of retarders.
After the initial supplies to Volvo Mark 1 buses in India, Telma was waiting for an appropriate opportunity to enter Volvo bus market in India. With Volvo Buses India (VBI) planning for a new localizedAsia bus for Indian market, opened door way for Telma. VBI after surveying various field data of their previous Mark1 performance & other vehicles data, Telma was superior & most preferred for the Indian
Telma Strikes elusive order from Volvo
Buses India, Volvo Asia bus 9100 4x2
Intercity Coach with Telma released
condition due to its unique benefits like maximum retardation torque available starting from 3kmph speed, faster response time & maintenance free for life. Adding to this since Telma has releases with Fast gear globally helped VBI to unanimously prefer Telma. Buses already on roads & have fetched very good response from the end users till date.
RACE Interface engineering skills backs
Telma
Vast engineering facilities & highly skilled professionals from RACE Innovations (P) Ltd has certainly made life easier for Telma in carrying out interface engineering with various projects with Indian customers. Indian OEMs always feel comfortable working with the local design source of Telma instead of the global team. It gives thorough understandings of the customer requirement, discuss with the global Telma team in consolidating data & then meeting the requirement precisely &
promptly. Design team also supports customers in designing mounting brackets & auxiliary suspension brackets. Currently the design team is more focused towards implicating in truck segment, documenting the technical details & illustrating customers through animation on installation, function, performance & troubleshooting. They have taken first step by launching installation animation in YouTube recently.
RACE INNOVATIONS - INTELLECT Page 4 of 6
Our Clients
Today in India there is no major representing body to address the concerns of the trailer manufacturers and truck/bus body builders. Also it lacks lot of infrastructure in terms of technology, testing methodology and statutory regulations/approvals. This is also a concern for safety as the industry is still revolving around the road side manufacturers. In this pursuit, RACE would like to initiate an organization intending to bring all the Indian trailer and bus/truck body builders on a single
SITBAM (Society of Indian trailer and body application
manufacturers)
During the year 2011-12 RACE has developed a 4 row modular axle trailer capacity of 80T with 20T capacity per row of axle. Special feature includes, each axle is hydraulic assisted steering as well as suspension for easy
RACE 4 Row Modular Axle Trailers Design & Development
platform. The society aims at developing a distinctive single panel system, seamlessly integrating all the cross functional data, technical information and production volumes on a monthly basis. Integration and analysis, broadcasting through private presentations, seminars and webinars forms the integral part of SITBAM’s core functional activities. By collaborating with various automobile organizations, application builders and other parts manufactures, SITBAM is all set to develop a sturdy
platform with accurate market information. SITBAM interacts with industry experts from every single segment in the commercial vehicle space ranging from CEO’s, marketing managers, engineers, to market analysts and automotive magazine publishers. This will help SITBAM build a library of information that can be relied upon by every individual in the automotive industry. RACE has planned to kick-start this initiative by the first half of 2013.
man oeuvre and retaining the bed height level in all types of operating conditions. Each Axle is independent to swivel in X,Y& Z axis. A separate engine is provided as a source for hydraulic power pack. Further in Braking
system, spring brake actuators are provided for emergency/parking as a safety feature. Provisions are given for coupling adds on modules in width as well as in length of the trailer.
RACE has designed a concept in Truck transporting trailer to carry different combination of truck chassis, fully built truck & bus. Addition to itsreturn load option been provided.
Prototype being processed with our manufacturing partner for testing and validating in the real time environmental condition.
RACE Truck Transporter
with return load option
RACE has developed a new concept vehicle to extend width of the trailer and track of the axle to carryover dimensional cargo with affecting the stability of the vehicle.
The vehicle is also capable for carrying multi-dimensional cargo. Widening of trailer frame is hydraulically operated for precise and safer operation. In order to achieve the above, a vertical hydraulic actuator with rollers has been provided.
RACE Side Extendable
trailer for a large wind
mill manufacturer RACE has developed an extendable trailer in length wise to transport especially for windmill blades and also to carry container during return. The length is adaptable for 3 modules depending upon the length of the windmill blade and operating condition. Further the rear axles are steerable and turn table provided on kingpin area in order to get a better turning circle.
RACE Extendable trailer
TESTIMONIAL
Mr.R. Natarajan
Managing Editor, Motor India
Magazine
“RACE is probably the only
independent company in India
with an in-depth understanding
of the industry and offering
specialized solutions in the
area of commercial vehicle
application design and
engineering. RACE has also
been successful in providing a
ready platform for global
companies who would like to
make an entry into the Indian
market (ex. Telma). We are
very confident that RACE will
play a key role in the evolution
of commercial vehicle industry
in India in the next decade.”
My experience with
RACE
Ramakrishna
Post Graduate intern
“Race is an astonishing
learning platform for Market
research Analysis. As an Intern,
I have picked so many real time
market instances just in no
time. It gives an overwhelming
experience listening to the way
the clients are handled which
indeed sets a benchmark in
that respect. For whatever
RACE has given me is
definitely something which is
not so easy to be found
elsewhere.
RACE signs agreement with Hypratek
Hypratek, a hydraulic solution company given an order to develop a service and dealer network in Tamilnadu.
RACE INNOVATIONS
Page 5 of 6
Employee – Fun & Events
Franklin Antony
Shanthamani Dinesh
“Work culture in RACE is what
differentiates it from other companies.
I am delighted to be in a workplace
that has given me an opportunity to
use my skills besides keeping me
abreast with newer technologies. I am
more than happy to be a drop of
water in Race’s mighty ocean”
“Race was a right start to my career. I
have always dreamt of transforming my
theoretical knowledge into real-time
expertise. It gives me a sense of
absolute career fulfillment to be a part of
RACE’s design team. It makes me feel
like a young entrepreneur with all the
individuality and decision making power
invested in me”
“My days in Race can be compared to
my college days with such a friendly
learning atmosphere tied with a rich
corporate culture. RACE made me
envisage my dreams by offering me a
platform to implement my knowledge
in developing models, making me a
master in my field. I am proud to be a
Racian”
Fun at Yercaud RACE Fun Club
RACE TEAM Clients at review
Page 6 of 6 RACE INNOVATIONS
RACE Innovations is a pioneer in the CV industry serving a diverse clientele giving them application based solutions related to Road Transportation. Our RACE LBI team works closely with logistics & Transportation companies to enable them to transport their cargo safe & securely.
Pioneering in Location Based Intelligence
RACE has a team of professional engineering & civil team to execute route survey’s, identify shortest feasible routes, load securing, vehicle stability calculations, determining capacity of bridges, road filling information with civil costs for the purpose of safe & economical transportation
of cargo. Leveraging the technological boom, we have equipped our self with the latest GPS, Distometer, V-BOX, Engineering software tools etc., which give our clients a precise report with vehicle simulation on turnings.
RACE INNOVATIONS PVT LTD Eden Plaza, F1, New No.165, Perambur Barracks Rd,Purasawalkam, Chennai - 600 007,
Tamil Nadu,India. Phone: 044 42834054 Email: [email protected]: www.raceinnovations.in Copyrights © 2012 RACE INNOVATIONS PVT LTD All Rights Reserved.
Our French Association
Telma in India
RACE - IIET
At Daimler Plant
RACE is instrumental to build and establish an Ashok Leyland Authorised service centre for Parveen Automobiles (P) Limited at Motorzone. RACE management capability and setting newer benchmarks and metrics has created standards for efficient and management with ease. For consecutive years the service centre is rated best in India. The firm connects with OEM
RACE – Experienced partner for Automobile Dealership
and understanding of working methodology has helped the partners to implement programs seamlessly. RACE contract with AB Group for establishing a 2S facility for Asia Motor Works has been very successful. Easily the best in the country considering the time frame with which it is started, profitability and end
customer satisfaction. It would be ideal for many evolving dealerships to study this model of dealership operation. OEM’s can take RACE’s expertise to improve their existing dealership network. OEM’s can also appoint RACE to audit & evaluate for augmenting value of dealerships.