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'

Manish Varghese

Manish Varghese is a Consultant in the India office of Odgers Berndtson. He co-leads the Industrial practice for the firm in India and has a specialist focus on the Automotive, Discrete Manufacturi...

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Insight

Welcome to OBSERVE Magazine Issue 15

A special issue dedicated to talent and potential

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New mentorship initiative tackling gender diversity in hospitality leadership

Despite the case for more gender-diverse boards being made many times over, there is still some w...

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Industry-wide mentoring initiative launched to fast-track female leaders in hospitality

Global executive search firm Odgers Berndtson partners with UK Hospitality, BT Sport and Elliotts.