Indian Auto Suppliers Develop Magnetless, Copper-Aluminium Solutions Amid Supply Woes

Indian automotive suppliers are exploring alternative technologies to mitigate supply chain challenges and rising raw material prices. Spark Minda, an Indian auto supplier, is working on magnetless solutions and copper-aluminium alternatives to reduce dependence on rare earth materials.

Suresh D, CEO of Spark Minda Technical Centre, stated that the industry is developing technology-led alternatives to address supply-chain challenges. Magnetless technologies are being developed in India as a unique solution to the country's needs.

The company is also exploring copper-aluminium solutions to reduce reliance on copper, which has seen price increases. However, Suresh noted that such alternatives may not completely offset higher input costs.