1. Crafting and Starting the “NEXT”

[1] Transforming to a Future enabled company by Creative Value Addition and Advance IT

An Autonomous, Pioneering, Self-Reliant Company in INDIA

2022.
2nd Foundation for Future:

In 2022, DENSO India stands at the cross point of a transformative journey, driven by the commitment to shape our own future. Rather than waiting for opportunities to arise, we believe in creating them. With unwavering determination, we are excited to leverage India's unique skills and talent to chart a course towards sustainable growth and prosperity.

Re-strengthen DIINs Role as RHQ towards:
“Crafting the Next”, Charting our own path.

As we navigate the dynamic automotive landscape, DENSO India is redefining its role as a regional headquarters, ready to lead the charge in shaping the next chapter of our journey.

[Environment Analysis] Vehicle Production / DENSO Sales
Vehicle Production -(PV/CV) Passenger / Commercial Vehicle

【FY22 Review】

In 2022, we witnessed positive signs emerging in the automotive sector post-COVID-19 challenges. Vehicle production has shown gradual improvement, reflecting a resilient industry for growth.

【FY23 Estimation】

Looking ahead to 2023, government initiatives focused on manufacturing, job creation, and infrastructure development are expected to further improve the business environment, with an average yearly growth ratio projected at +7% between 2018 to 2025.

DENSO Sales (Consolidated)
【2022 Review】

DENSO Sales saw a successful achievement of sales plans driven by major customers such as Maruti, Honda, and TKM, with increased production of gasoline models due to the termination of diesel subsidies. The rise in gasoline business contributed significantly to DNHA's growth.

IGCs situation:
DNHA:
Poised to take on new challenges for future, strengthened with F-IoT and intensive Digitalization measures, with efficient production systems.

DNIN aspires to become a "Showcase Factory," where customers are delighted with every visit, and the plant exudes positive energy consistently. We emphasize establishing a steady management foundation focusing on:

1. Establish steady management foundation
We prioritize safety, quality, risk management, and sales profitability to ensure a robust operational framework.

2. Human & Organization
Our focus lies in nurturing individuals who embody a proactive approach and unwavering dedication to cultivate talent with strong passion.

3. Productivity Quality
We are committed to create systems that improve efficiency and quality across all operations, both directly and indirectly.

4. Environment
Our efforts extend beyond profitability; we aim to achieve a balance between competitiveness and environmental sustainability.

5. Infrastructure
We understand the importance of building Bright, Clean and conducive workplace that fosters collaboration and innovation.

6.Technical
Embracing innovation and technological advancements is crucial for staying ahead in a rapidly evolving industry landscape.

DNKI has expanded its customer base and diversified its portfolio, currently producing for five customers domestically and exporting to various regions.

【Future Estimation】

Looking ahead, we anticipate a positive trend in vehicle production. However, we remain vigilant about the risks associated with high market growth and are committed to securing supply to customers while basing our Profit plan on conservative sales estimates amidst the improving market conditions.

Creating Opportunities amidst Challenges:
Complying with New Environmental Regulations & Changing Points

Business Scenario Shifting:
In response to changing market demands, DENSO in India strategically realigns its focus to amplify core competencies while exploring new horizons in mobility, notably Electric Vehicles (EVs). Additionally, we venture into novel domains like Cold Chain Logistics, leveraging our expertise and innovation to drive sustainable expansion.

Changing Perspective:

• DENSO in India embraces a transformative perspective, extending beyond internal operations to actively contribute to societal advancement through innovation and skill development. By harnessing technological prowess and fostering a culture of perpetual learning, we aim to create a positive societal impact while fueling economic growth and empowerment.

Building-Up our Capability and Strength:
1.F-IoT & wide scale DX activities started in plant side and office.
Recognizing the criticality of a resilient supply chain, DENSO in India implements a robust Business Continuity Plan (BCP) to mitigate risks and ensure operational continuity. With a focus on IT security, confidentiality measures, and fire risk management, we prioritize agility and adaptability to navigate rapidly changing business environments.