Read this new article on the global car industry on the economist. My take in terms of impact on the indian industry
– The weaking of the global companies like GM, Ford and their suppliers like Delphi etc would be a great positive for the indian auto parts industry as these companies would have to look at further cutting costs to survive. Indian auto part companies are very cost competitive and are rapidly moving up the value chain
– Critical factor for indian auto parts companies would be how rapidly they can scale up and meet the global quality and service standards ( provided they get some support on infrastrucutre ). Also they can avoid cost pressures if they develop the required technology and IP.
– Not been able to come to conclusion on it would impact the domestic car industry…will it be beneficial for maruti, Tata motors etc ??
A good article on the global car industry
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