India: Driving Auto Technology for the Developing World

TLDR: India’s car industry is expected to drive manufacturing growth in the country and become a major exporter of cars and auto components, according to R.C. Bhargava, chairman of Maruti Suzuki. He believes that India has the potential to become an auto technology provider to the developing world. However, Bhargava also cautions that while India has geopolitical advantages, its manufacturing industry needs to improve its competitiveness. He emphasizes the need for strategic partnerships and the adoption of management practices focused on productivity and competitiveness. Bhargava also discusses the success of Maruti Suzuki, the largest car manufacturer in India, and highlights the importance of continuous improvement and worker involvement in achieving cost reductions and driving growth. Overall, he sees the automobile industry playing a crucial role in India’s manufacturing sector and attracting investments.