The 10 Most Innovative Companies in 2019

From Editor’s Desk
A
Sustainable
Shift
Industries in their true essence are the systems driven
by technical excellence and customer satisfaction.
These two variables are the vital ingredients for any
organisation to thrive in this competitive domain.
Unfortunately, not all the time these dimensions prove to
be absolutely fruitful. Contingencies do strike! The
Automotive sector is no exception to that.
One such history-defining challenge in the form emission
norms had entered into the market back in 90s and its
latest version has caused automotive industry to disrupt.
Constantly rising air pollution made lawmakers to
establish few amendments for restoring the nature's
balance. These amendments or regulations impose
constraints in front of the firms making them to upgrade
and update their tools.
To survive and succeed, automakers need to revise
policies and strategies on different fronts including
technology, infrastructure, recapitalization and
April 2019|
marketing. This difficult balancing act where they have
to enhance their expertise on the account of billions of
dollars to be invested, and minimising the pass-on effect
to customers, has sparked vigorous discussions in recent
times.
An industry which has evolved astonishingly with
passing time will evidently respond to this universal call
towards Sustainable Development Goals (SDGs). Euro
Standards, the first and foremost emission regulation
ever formulated in the wake of astronomically growing
pollution across the globe, were initiated in 1991. On its
basis, California Air Resource Board (CARB), a primary
institute which governs all emission related rules in US
was made. CARB which works in tandem with
Environmental Protection Agency (EPAs) is known for
its stringent regulations which are adopted by most states
in the country.
Ultimately, the issue which remains is how are the
current automotive companies going to amend
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