💰 Auto Component Suppliers Sit on Rs 98,000 cr
Published by OOPSONLINE.IN · Source: The Economic Times · 1 min read · · Updated
What actually happened
Indian auto component firms hold significant inventory, potentially releasing billions through better management. Many MSMEs need to invest more in future growth capabilities. Existing plant capacity is underutilized due to operational inefficiencies. Unlocking cash and improving business economics will drive future supplier growth. This will enable continuous investment in capabilities for the evolving automotive value chain.
Key points
- Indian auto component firms hold significant inventory, potentially releasing billions through better management.
- Many MSMEs need to invest more in future growth capabilities.
- Existing plant capacity is underutilized due to operational inefficiencies.
- Unlocking cash and improving business economics will drive future supplier growth.
Summary based on data provided by The Economic Times. Full article available at the original publisher.
- #business
- #auto
- #component