Click to play videoBangalore: The Nano has revolutionised the concept of a car. And it is a small engineering company in Bangalore that's driven this change, redefining the assembly line to make the Rs 1-lakh dream possible.
For SPM India, Rs 40-crore engineering company in Bangalore, the world's cheapest car was a challenge.
It meant supplying an engine assembly line with state of the art equipment at the lowest prices possible - without compromising on quality.
SPM India director GD Krishna says, “The best state of the art specifications were the requirement. And the technology were in data across station are stored against each engine has been included. What we have given them is a one of a kind assembly line.”
And one of a kind assembly line - it will churn out engines every 40 seconds manufacturing a total of 1.2 million cars a year of four such lines. The cost to the Tatas? A mean Rs 12-15 crore per line.
The credit for the magic price of Rs 1-lakh is shared by Tata's suppliers, including SPM who among other things sourced the supplies for this assembly line directly from manufacturers in Japan rather than the traditional route via Singapore to bring down their cost by nearly 40 per cent.
Krishna adds, “If it was Japan we went to Japan, if it was Europe we went directly to the supplier to reduce the price. We pooled up all our requirements for one year in one pool and we reduced the cost in a big way. We got a 40 per cent advantage. “
The engineers now hope that the Nano will also put the spotlight on Indian engineering and innovation and bring international clients to their doorstep.
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