Indian auto ancillary industry literature review financial restructuring and its impact on corporate performance in india chapter – 2 literature review 21 financial restructuring and its impact on corporate performance in india literature review finance is the life blood of business. Indian auto ancillary sector has traditionally suffered from poor quality one of the key reasons for this has been that the companies in the sector are either customer anchored or product anchored with majority of its revenue coming from a product or customer.
General motors, toyota, ford, fiat, honda, hyundai, and volkswagen are some of the global automakers that import critical components from india as the indian ancillary industry has the holistic capability to manufacture an entire range of auto components.
Pertaining to indian auto industry, literature review reveals that sme’s play a secondary role when it comes to tying up capacity of auto-ancillary firms leading to shortages and lack of availability of components, and lack of partnership among partners in the sc. Literature review on indian automobile industry 1 introduction : indian automobile industry embarked on a new journey in 1991 with delicensing of the sector and subsequent opening up for 100 percent fdi through automatic route in view of this, the study attempts to estimate the economic performance of indian automobile industry in terms of capacity utilization at an aggregate level. After a challenging fy14, the auto ancillary industry has rebounded during fy15 on the back of a recovery in domestic demand and, to some extent, due to better exports the industry, which contributes approximately 4 per cent to india's total exports, registered a satisfactory growth of 88 per cent in 2015-16.
The fortunes of the auto ancillary sector are closely linked to those of the auto sector demand swings in any of the segments (cars, two-wheelers, commercial vehicles) have an impact on auto ancillary demand demand is derived from original equipment manufacturers (oem) as well as the replacement market. Disclaimer this note entitled ‘snapshot: auto ancillary industry in india ’ has been prepared by e-research and publications india private. Indian auto component industry with special reference to india thailand free trade agreement the paper is based on the review of the existing literature on india thailand free trade agreement focusing. Section 2 explains literature review on lss in the indian industry, indian industry also started implementing lss and got significant results in various sectors the objective of this paper is to demonstrate the power of lss in indian auto ancillary conglomerate, and to understand the intricacies and takeaways from the case study.
Auto ancillary industry is an important segment of the economy in any country the indian auto industry has the potential to emerge as one of the largest in the world presently, india is the largest two wheeler manufacturer in the world the largest three wheeler market in the world second largest two wheeler market in the world. Determinants of competitiveness of the indian auto industry badri narayan an g pankaj vashisht january 200 8 indian council for research on international economic relations.
Section 2 explains literature review on lss in the indian industry, followed by the research methodology adopted for this study in section 3 section 4 presents the application of lss dmaic methodology highlighting the five stages of the methodology.
Auto ancillary industry in india economic progress is indicated by the amount of goods and services produced which give the impetus for transportation and boost the sale of vehicles.