In an exclusive discussion, Paras Rawal, Managing Director, India Subcontinent, CEVA Logistics, shares strategic insights. Leading India’s foray into smart manufacturing, he emphasises optimising logistics, adapting to changing trends, and championing sustainability.
Amidst India’s shift towards smart manufacturing, operations in the country have undertaken substantial measures to engage with the anticipated fourth-largest global automotive market by 2035, valued at $600 billion. Various factors, including evolving consumer trends, supply chain dynamics, and enhanced processes, converge to create opportunities in automotive logistics.
Indian auto sector grows, luring brands to meet domestic and export demands
Established relationships with prominent automotive brands underscore the capability to optimise and innovate solutions for present and future automotive challenges. This strategic approach positions the operations to navigate the dynamic landscape of the automotive industry.
Automotive dynamics
Original Equipment Manufacturers (OEMs) in the automotive sector grapple with the imperative to adapt to evolving demand, prompting the necessity for the growth and innovation of supplier partnerships. A strategic focus across all sectors becomes essential, particularly in curbing overall production costs. This is executed through agile global component sourcing, ensuring competitive delivery with standardised designs. The resultant approach not only mitigates complexity but also significantly reduces engineering costs, indicating a transformative shift in the dynamics of automotive supply chains. As OEMs navigate these challenges, the industry undergoes a fundamental evolution, aligning with an agile and cost-effective paradigm that reshapes the traditional contours of automotive production and distribution.
Supply chain excellence
Within the sector, certain teams systematically design intricate global routes, emphasising optimisation with a focus on agility, efficiency, and visibility. The application of engineering expertise facilitates the development of solutions for seamless supply chain acceleration, ensuring comprehensive traceability at all levels. Proactively addressing challenges, these teams navigate deviations by creating real-time alternative solutions, fostering regular customer debriefs. At its core, a commitment to sustainability is evident through the adoption of CO2 emission reduction programs. Operating on the Plan-Do-Check-Act principle, they collect and analyse emission data, establish relevant KPIs, improve indicators, and collaborate with OEM customers. This aligns with a broader commitment to environmentally conscious practices within the sector, marking a pivotal stride towards a more sustainable and efficient future.
Innovative strategies
As the Indian auto sector grows, luring brands to meet domestic and export demands, innovative strategies for future growth become imperative. In navigating evolving consumer expectations, emerging technologies, and economic shifts, the industry must foster a proactive approach. By continuously adapting and refining strategies, it positions itself as a trailblazer in the global automotive arena.
Automotive ascendance
The Indian automotive sector has evolved into a formidable presence, attracting numerous brands investing to meet domestic and export market demands. Marked by elevated consumer expectations, emerging technologies, and profound shifts in economic buying power, the automotive and mobility industries are undergoing substantial transformations. As the industry continues to explore new frontiers and stay ahead of trends, a steadfast commitment to international quality standards and sustainability shapes its trajectory. This commitment not only envisions the future but also facilitates realignment with customer expectations, positioning the industry at the forefront of dynamic changes in the automotive landscape.
