Automotive India, A Macro Trend; Automotive Logistics, A Micro Opportunity
Automotive India, by Mike Szudarek
The auto industry in India is undoubtedly on a significant growth trajectory. In fact, the industry is expected to double by the year 2010… And then double again by the year 2016. The string of recent investments in India (e.g. Honda, Renault, Toyota, VW, Ford, BMW, and others) underscores manufacturers’ confidence in the market.
Despite this flurry of activity and projected growth, however, challenges do exist. Chiefly, infrastructure is disconnected with the country’s rapid pace of growth and expansion.
Development and improvement in the management of the flow of goods and other resources, including energy, people and manufactured parts, are a prime opportunity for both automotive logistics and development suppliers.
The need for significantly better integration of information, transportation, inventory, warehousing, and material-handling is an undercurrent that can be capitalized on by enterprising firms. Extending communication and marketing outreach to this region should be a priority for any logistics or development company well positioned to serve this market.
Tags: Automotive, India