"India is the under-rated manufacturing hub of the world with more than 50,000 suppliers capable of catering to the automotive industry alone" - Dheeraj Tiwari, Co-founder and CEO of CapGrid
"India is the under-rated manufacturing hub of the world with more than 50,000 suppliers capable of catering to the automotive industry alone" - Dheeraj Tiwari, Co-founder and CEO of CapGrid
Nijhum Rudra
Mon, 12/12/2022 - 12:54
During the first half of 2020, when the pandemic was creating mayhem throughout the world, the automotive industry faced the worst challenges whose production was halted to a larger extent. The industry was the residue of several disruptions such as electric mobility, and ridesharing, and also deprived of its financial growth. The increasing competition in this sector mostly in manufacturing has paved the way to overcapacity, which is now viewed as one of the serious challenges by the experts.
[original story: Circuit Digest]