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Big Events in Paris…and America PDF Print E-mail
Monday, 15 October 2018

Two great events heve been held in the very fine October weather in Paris: the Mondial motorshow and the VISION congress. For me, highlights of VISION included:

  • Top-class lectures, including the last one from Paul-Henri Matha in a Renault capacity; now he will join Volvo and we wish him great success there. We regret missing a planned lecture by Rainer Neumann with his cinematic photons; we wish him a quick recuperation.
  • Wonderful expo booths of big, small, and startup companies in optics, electronics, and simulations.
  • Night demo drives with 25 cars showing the latest technologies. The voyage from Cité des Sciences to the Mortefontaine track is long, and participants arrived back at their hotel late at night, but the feedback I received was enthusiastically positive.
  • The great involvement and interest of the 600 attendees visiting the exhibition booths and freely asking questions—the most I've seen at a lighting congress, proving the strengths of the lighting community.
  • The panel discussion with great minds in lighting and ADAS. What a great moment, with passionate discussion about ways of combining lighting and ADAS. The main conclusion: lighting needs ADAS to lead the intelligent lighting, and ADAS needs lighting to aid visibility of sensors and integrate cameras and lidars inside the headlamp. I thank again all the people who helped to make such a grand success of this event.

About this year's Mondial, I am less enthusiastic. There were a few interesting cars—Peugeot's ELegend concept, Audi's e-Tron, the BMW X5 and 3 Series, the Mercedes GLE, the DS3 Crossback—but no messaging on lighting, despite strong levers begging to be pulled (ADB, anyone?).

Meanwhile, there's big news from America, where an important step has been taken toward allowing ADB. Read a first report about that in this week's news. And Gold members, download your copy of the Varroc Lighting profile! It's loaded with information about this dynamic and interesting company. There's a preview for you to read, here in the newsletter.

Sincerely yours

DVN President

 

In depth...

Varroc Lighting: Young Company, Great Future PDF Print E-mail
Monday, 15 October 2018

Varroc are a relatively new company, founded in India in 1990 by the current Managing Director Tarang Jain with their father Naresh Chandra as Chairman and non-executive Director. The company started activities with plastic parts, then electrical and metallic parts for the Indian transport industry—particularly for two-wheelers—then extended their activity to lighting in India, still mainly for two- and three-wheelers, this being still today in India their core business for lighting.
Varroc are currently the two-wheeler lighting leader in India. Global sales of Varroc group in FY17-18 are at €1.24bn, supported by 36 plants and 16 R&D Centres round the world.

For the lighting business which is now the main activity of Varroc Group with 61% of sales, the main development occurred in 2012 with the acquisition of the lighting activities of Visteon, boosting at that time the global turnover of Varroc Lighting above $1bn and allowing them to become a major participant in the international vehicle lighting industry.

Varroc Lighting had strong growth during the last five years at +14% per year, but with an acceleration in the last quarter reported at +28% thanks to internal growth and acquisitions. Varroc's lighting market share is around 4% worldwide, and Varroc say they're currently the 6th lighting set maker worldwide, targeting to rise to third or fourth. Varroc still hold the strong positions with customers held before by Visteon, particularly with Ford and Jaguar Land Rover (photo).

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