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 leaders are learning to be humble

In a world of dazzling complexity and bewildering change, the old models of leadership are less a...

Insight

Talking clouds, culture and China with Marc Mathenz

Marc Mathenz was recently named Financial Technology Executive of the Year for his achievements l...

Insight

Why changing corporate culture is the key to mastering disruption

Driving cultural change is the biggest single leadership challenge today, but how are today’s MNC...