Kaushik Gada , Direcor, Uravi Wedge Lamps
We are all witnessing substantial changes in the automotive industry for the past couple of years. Vehicles of this decade are more advanced and secure for drivers and pedestrians. The technology involved in this industry is enhancing and increasing the demands of vehicles by rising customer preferences. Uravi T & Wedge Lamps Limited is the leading manufacturer and supplier of incandescent and wedge-based automotive lamps in this industry. Uravi T and Wedge Lamps (UVAL) was established in 2004 by Kaushik Gada and his brother at a small rented piece of land in Rabale MIDC with limited resources. Fast forward to 2021, UVAL brand is well known amongst the OEMs and has massively scaled-up its operations. UVAL currently has two plants, one at Thane, Maharashtra and the other one at Kathua, Jammu. Kaushik has received numerous awards such as the best supplier award and 100PPM.
A New Revolution in the Making
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Influencer Marketing: Every Brand's 'Must Have' Marketing Strategy
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Top 10 Leaders in Automobile Accessories - 2021
Even though the Indian auto-components industry has gone through lots of ups & downs, it has experienced a healthy growth over the last few years. The auto-components industry has expanded by a compound annual growth rate (CAGR) of six percent over FY16-20 to reach $49.3 billion in FY20, and is expected to reach $200 billion by FY26. There has been a high Foreign Direct Investment (FDI) inflow into Indian automotive industry in past few years, which in turn boosted the growth of accessories market. The propel of new passenger car models, India emerging as a major hub for small car manufacturing, and the rising per capita income & changing lifestyle are some of the factors propelling the market in India. Continuous upgradation of models along with advanced features in car accessories enables fascination towards car accessories among customers, due to which they generally spend close to 3-4 percent of the car value on car accessories. Interior car accessories are much popular in Indian market.
The government, launching Automotive Mission Plan (AMP) during 20062016 has ensured growth of this sector since long. Refurbished car market which has huge popularity in India, plays a paramount role in boosting automobile accessories market. The 'Make in India' scheme has also helped enormously in the growth of accessories market in India.
In this issue, the CEO Insights magazine introduces a list of `Top 10 Leaders in Automobile Accessories 2021', a list of individuals who have helped in the transformation and growth of the automobile accessories sector of the country. The list has been crafted by a team of Industry veterans, CEOs, VCs and the CEO Insights editorial team, thus delivering inspiring stories of their journey and their contributions & roles in the creation and empowerment of a strong and powerful nation.
Company Logo | Company Management | Company Name | Company Description |
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Avnish Kumar, Founder | Carhatke | With his skills in digital marketing, business management and business stratetgy, Avnish contributes to the company's business solutions |
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Kaushik Gada,Director | Uravi T Wedge Lamps | A founding Promoter and Director of the company with topnotch technical expertise in management QA/QC department |
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Nikhil Singhal,Co-Founder | Elegant Auto Accessories | With his 10+ years of experience in Automotive Accessories marketing, Nikhil contributes to the Manufacturing Processes, Business Development, New Product Research and e-Commerce areas |
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Nitin Khanna,Founder & CEO | MotorHunk | A highly experienced industry professional with proven success in managing and scaling of car and bike accessories businesses |
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Oleksandr Danylenko,Co-Founder & MD | Smart Parts Online | A people oriented professional and entrepreneur with skills in Business Strategy & Implementation, Analysis & Development, and Project Management |
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Puneet Singh,CEO | Silco Automotive Solutions | A business professional with over 20 years of experience in Strategic Planning, Business Development, Entrepreneurship, Marketing Strategy, and Business Strategy |
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Rahul Garg,Founder & CEO | Moglix | With his exntensive skills in Strategy, Product Management and Operations and 20+ years of experience, Rahul is helping in creating world-class services and products |
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Rishab Jain,Founder | Carorbis | Having completed Masters in Automotive Systems Engineering from Loughborough University England, Rishab has been key in the design, implementation and development of Carorbis |
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Sandeep Sahni,Founder & CEO | Autotrends eCommerce | Sandeep is skilled in automotive, new business development and product development areas |
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Siddharth Gandhi,MD & Managing Partner | Autoform India | A prominent performance-driven professional driving company growth and market share while also ensuring quality & service standards to achieve customer delight |
Other Issues
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