Automobile
The main components of automotive industry include Passenger Vehicles, Two wheelers, Commercial vehicles and three wheelers. The Indian automobile industry has appeared as the 7th largest in the world. The Indian automotive industry has grown 25-30% across segments (passenger cars/ CVs/ two wheelers) in the last couple of years. According to the study, the automobile industry has approximately invested Rs 70,000 crores in the past four years in building new infrastructure.
The global automotive market is diversified. It varies from original equipment manufacturers (OEMs) and component manufacturers, to dealerships and commercial vehicle manufacturer. In the coming years, the main emphasis of the automobile industry would be on enhancing efficiency and productivity. Here Lean and Six Sigma techniques will play a major role. Price sensitivity of the Indian consumer, Optimization of cost, critical needs of manufacturers and health, safety and environmental focus concerns will result in critical changes in the market.
In future, of sustainability in the markets auto companies will have to increase focus on continuous rising fuel prices and cost-effectiveness in the rising market competition. Here Innovation in the system will play a huge role in overcoming challenges.
QMCI expertise can help
QMCI’s highly skill consultants have rich experience in global Automotive sector works with some of the largest and most productive automotive companies in the world. We can help in engineering, Factory design, New product development, plant automation, Quality, Productivity, Logistics, Waste reduction, Environmental & safety norms, Innovation techniques in plant, procurement, customer satisfaction and after sales services.
These solutions of automotive industry will drive high efficiency, productivity and quality while expressively reducing operational costs. Our solutions help automotive manufacturers to improve sales processes, reducing production cost, High customer satisfaction, Value chain partnerships, address new markets and build long lasting relationships with their customers.
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