The Indian automotive industry has had a lot of potential to grow in the last 25 years. However, it has not lived up to that promise. Manish Varghese looks at the the outlook for the sector.

The industry has traditionally pinned its hopes on labour arbitrage and the unmatched demographic dividend to drive its growth. However, with the economy growing and inflation rates rising, labour costs have also shot up, which has offset that advantage to an extent. Lack of automation and investment in technology and talent has resulted in higher costs, lower efficiencies and stunted growth.

Read 'Gearing up to accelerate'

Insights

Insight

Why change requires a new definition of leadership

A world of ever-accelerating change puts new demands on leaders. But can you identify those who c...

Insight

This is leadership disrupted

Our new book reveals for the first time a first-hand account of the disruption hitting business a...

Insight

This is talent disrupted

Our new book explains why a more demanding workforce is making the job of leadership increasingly...