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Indian Auto Industry Must Fix Execution Gaps: Report
The Business Guardian
|June 20, 2025
India's Auto industry could fall behind in the global race if it doesn't fix serious internal execution problems, according to a new study by Vector Consulting Group.
The report warns that automakers and suppliers must change how they work together to meet the challenges of the coming decade, especially with the shift to electric vehicles (EVs).
Based on conversations with over 100 senior executives from carmakers and Tier-1 suppliers, the study reveals that 88 per cent of auto component suppliers in India are struggling with a shortage of R&D capacity. Many established automakers are facing delays of up to 24 months in their EV programs, not because of a lack of vision or technology, but due to problems in execution.
Dit verhaal komt uit de June 20, 2025-editie van The Business Guardian.
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