Click here to close now.

SYS-CON MEDIA Authors: Liz McMillan, Pat Romanski, Elizabeth White, tru welu, Blue Box Blog

News Feed Item

The Indian Automotive Supplier Report 2014

DUBLIN, March 5, 2014 /PRNewswire/ --

Research and Markets (http://www.researchandmarkets.com/research/b6lp38/the_indian) have announced the addition of the "The Indian Automotive Supplier Report 2014" report to their offering.

     (Logo: http://photos.prnewswire.com/prnh/20130307/600769 )

The Indian automotive industry is currently going through one of its most challenging phases so far. Vehicle sales are set to register a negative growth in 2013 - first time in more than a decade - compared with the previous year. Official data shows that vehicle sales in India declined at a high single digit rate year on year in the first nine months of 2013 compared to 2012. This downward spiral has prompted automakers and suppliers to cut production to avoid excess inventory build-up. Besides, there's little respite on the cost front. Though there has recently been some softening in raw materials prices, other costs such as wages, cost of power and finance expenses, continue to erode suppliers' operating margins.

The weakness in the automotive market has taken its toll on the investment drive of many suppliers. While international suppliers have continued their investments in India, citing the country's long-term growth prospects, local suppliers have almost put their expansion plans on hold until there is a sustained recovery in vehicles sales. The Indian automotive industry at the moment is facing multiple challenges such as slowing economic growth, high inflation and high interest rates - compared with many of its peers. IHS however is sanguine about the country's growth trend in the medium to long term and forecasts recovery in vehicle sales in 2014, and high single-digit growth in vehicle sales for the rest of this decade. IHS expects vehicle sales in India to grow at an average rate of 12.2% annually between 2014 and 2020; sales are expected to reach 7.1 million units by 2020 compared with 3.6 million in 2012.

This fourth edition of the Indian Supplier Report offers an account of the current volatile business environment in the country. The report, based on comprehensive first hand interaction with industry officials, gives an insight into how suppliers are dealing with the current market and economic challenges. The analysis in this report is supported by a survey conducted among more than 50 senior industry executives - mostly tier one suppliers.

Key Topics Covered:

1. Executive Summary

2. Introduction

3. Vehicle Production

4. India's Automotive Component Industry

5. OEM-Supplier Relationship

6. Automotive Clusters in India

7. Challenges for the Indian Supplier Industry

8. Government Policy

9. Infrastructure Development

10. Supplier Profiles

Companies Mentioned:

  • Aisin Seiki
  • Alicon Castalloy
  • Amalgamations Group
  • Amtek Auto
  • Anand Group
  • Apollo Ty
  • Ashai India Glass
  • Ashok Iron Works
  • Ashok Minda Group
  • Auto Ignition Limited
  • Automotive Stampings
  • Axles India
  • Bagla Group
  • Bajaj Motors
  • Banco Products
  • Bharat Forge
  • Bharat Gears
  • Bharat Seats
  • Bhushan Steel
  • Birla Corporation
  • Birla Tyres
  • Bohra Rubber
  • Bosch India
  • Brakes India Limited
  • Bridgestone India
  • Caparo India
  • CEAT
  • Clutch Auto
  • Continental
  • Cooper-Standard
  • DCM Engineering Products
  • Delphi
  • Denso India
  • Endurance Systems
  • EXEDY India
  • Exide Industries
  • Faurecia
  • Federal-Mogul Goetze
  • Fenner India
  • Fiem
  • Gabriel India
  • GKN Driveline India
  • Goodyear India
  • Guru Nanak Auto
  • Halonix
  • Harita Seating
  • Hi-Tech Gears
  • Imperial Auto
  • IP Rings
  • Jamna Auto
  • Jaya Hind
  • Jay Bharat Maruti
  • Jay-Ushin
  • JKM Automotive
  • JK Tyre
  • Johnson Controls
  • Johnson Matthey
  • Kalyani Forge
  • Kinetic Engineering
  • Krishna Maruti
  • LG Balakrishnan
  • Lucas TVS
  • Lumax Automotive Systems
  • Lumax Industries
  • Machino Plastics
  • Madras Engineering
  • Magna
  • Magnetti Marelli
  • Mahindra Systech
  • Mahle
  • Mark Exhaust
  • MRF
  • Munjal Auto Industries
  • Munjal Showa
  • Neolite ZKW Lightings
  • NRB Bearings
  • Omax Auto
  • Pricol
  • Ramakrishna Forgings
  • Rane Group
  • Rasandik
  • Remsons
  • Rico Auto
  • Ring Ring Plus Aqua
  • RSB Transmissions
  • Ruia Group
  • Saint-Gobain
  • Samvardhana Motherson Group
  • Sanden Vikas
  • Sandhar Technologies
  • Setco Automotive
  • Shriram Pistons and Rings
  • Sigma Group
  • SKF India
  • Sona Koyo
  • Steel Strips Wheels
  • Sterling Tools
  • Subros
  • Sunbeam Auto
  • Sundaram Clayton
  • Sundram Fastners
  • Talbros Talbros Automotive
  • Tata AutoComp
  • Tata Steel
  • TRW Automotive
  • UCAL Fuel Systems
  • Valeo
  • Varroc Group
  • Victor Gaskets
  • Visteon
  • WABCO India
  • Whells India
  • ZF India

For more information visit http://www.researchandmarkets.com/research/b6lp38/the_indian

Media Contact: Laura Wood, +353-1-481-1716, [email protected]


More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
paradigm shifts in networking, to cloud and licensure, and all the Internet of Things in between. In 2014 automation was the name of the game. In his session at DevOps Summit, Matthew Joyce, a Sales Engineer at Big Switch, will discuss why in 2015 it’s complexity reduction. Matthew Joyce, a sales engineer at Big Switch, is helping push networking into the 21st century. He is also a hacker at NYC Resistor. Previously he worked at NASA Ames Research Center with the Nebula Project (where OpenSta...
The term culture has had a polarizing effect among DevOps supporters. Some propose that culture change is critical for success with DevOps, but are remiss to define culture. Some talk about a DevOps culture but then reference activities that could lead to culture change and there are those that talk about culture change as a set of behaviors that need to be adopted by those in IT. There is no question that businesses successful in adopting a DevOps mindset have seen departmental culture change, ...
Discussions about cloud computing are evolving into discussions about enterprise IT in general. As enterprises increasingly migrate toward their own unique clouds, new issues such as the use of containers and microservices emerge to keep things interesting. In this Power Panel at 16th Cloud Expo, moderated by Conference Chair Roger Strukhoff, panelists will address the state of cloud computing today, and what enterprise IT professionals need to know about how the latest topics and trends affec...
Explosive growth in connected devices. Enormous amounts of data for collection and analysis. Critical use of data for split-second decision making and actionable information. All three are factors in making the Internet of Things a reality. Yet, any one factor would have an IT organization pondering its infrastructure strategy. How should your organization enhance its IT framework to enable an Internet of Things implementation? In this session, James Kirkland, Red Hat's Chief Architect for the ...
While there are hundreds of public and private cloud hosting providers to choose from, not all clouds are created equal. If you’re seeking to host enterprise-level mission-critical applications, where Cloud Security is a primary concern, WHOA.com is setting new standards for cloud hosting, and has established itself as a major contender in the marketplace. We are constantly seeking ways to innovate and leverage state-of-the-art technologies. In his session at 16th Cloud Expo, Mike Rivera, Seni...
EMC Corporation on Tuesday announced it has entered into a definitive agreement to acquire privately held Virtustream. When the transaction closes, Virtustream will form EMC’s new managed cloud services business. The acquisition represents a transformational element of EMC’s strategy to help customers move all applications to cloud-based IT environments. With the addition of Virtustream, EMC completes the industry’s most comprehensive hybrid cloud portfolio to support all applications, all workl...
The Internet of Things is tied together with a thin strand that is known as time. Coincidentally, at the core of nearly all data analytics is a timestamp. When working with time series data there are a few core principles that everyone should consider, especially across datasets where time is the common boundary. In his session at Internet of @ThingsExpo, Jim Scott, Director of Enterprise Strategy & Architecture at MapR Technologies, discussed single-value, geo-spatial, and log time series dat...
We’re entering a new era of computing technology that many are calling the Internet of Things (IoT). Machine to machine, machine to infrastructure, machine to environment, the Internet of Everything, the Internet of Intelligent Things, intelligent systems – call it what you want, but it’s happening, and its potential is huge. IoT is comprised of smart machines interacting and communicating with other machines, objects, environments and infrastructures. As a result, huge volumes of data are bein...
Cloud Expo, Inc. has announced today that Andi Mann returns to DevOps Summit 2015 as Conference Chair. The 4th International DevOps Summit will take place on June 9-11, 2015, at the Javits Center in New York City. "DevOps is set to be one of the most profound disruptions to hit IT in decades," said Andi Mann. "It is a natural extension of cloud computing, and I have seen both firsthand and in independent research the fantastic results DevOps delivers. So I am excited to help the great team at ...
Enterprises are fast realizing the importance of integrating SaaS/Cloud applications, API and on-premises data and processes, to unleash hidden value. This webinar explores how managers can use a Microservice-centric approach to aggressively tackle the unexpected new integration challenges posed by proliferation of cloud, mobile, social and big data projects. Industry analyst and SOA expert Jason Bloomberg will strip away the hype from microservices, and clearly identify their advantages and d...
All major researchers estimate there will be tens of billions devices - computers, smartphones, tablets, and sensors - connected to the Internet by 2020. This number will continue to grow at a rapid pace for the next several decades. With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo, June 9-11, 2015, at the Javits Center in New York City. Learn what is going on, contribute to the discussions, and ensure that your enter...
SYS-CON Events announced today that MetraTech, now part of Ericsson, has been named “Silver Sponsor” of SYS-CON's 16th International Cloud Expo®, which will take place on June 9–11, 2015, at the Javits Center in New York, NY. Ericsson is the driving force behind the Networked Society- a world leader in communications infrastructure, software and services. Some 40% of the world’s mobile traffic runs through networks Ericsson has supplied, serving more than 2.5 billion subscribers.
Scott Jenson leads a project called The Physical Web within the Chrome team at Google. Project members are working to take the scalability and openness of the web and use it to talk to the exponentially exploding range of smart devices. Nearly every company today working on the IoT comes up with the same basic solution: use my server and you'll be fine. But if we really believe there will be trillions of these devices, that just can't scale. We need a system that is open a scalable and by using ...
We are reaching the end of the beginning with WebRTC, and real systems using this technology have begun to appear. One challenge that faces every WebRTC deployment (in some form or another) is identity management. For example, if you have an existing service – possibly built on a variety of different PaaS/SaaS offerings – and you want to add real-time communications you are faced with a challenge relating to user management, authentication, authorization, and validation. Service providers will w...
Thanks to widespread Internet adoption and more than 10 billion connected devices around the world, companies became more excited than ever about the Internet of Things in 2014. Add in the hype around Google Glass and the Nest Thermostat, and nearly every business, including those from traditionally low-tech industries, wanted in. But despite the buzz, some very real business questions emerged – mainly, not if a device can be connected, or even when, but why? Why does connecting to the cloud cre...