Results of Latest Assessment on State of Digital Transformation at Indian Automotive Ancillaries
Contrary to common philosophy that Industry 4.0 capabilities are limited to North American and European enterprises, certain Indian Auto Ancillaries are holding strong ground…
My set of quick observations:-
1. Two companies – Gabriel India Limited and Lumax World came as surpise to me while performing the analysis. You can yourself see that these two firms are fighting weight above the belt. While they are small from a market cap standpoint, they are investing significantly in R&D and trying to win the innovation and Industry 4.0 race
2. JBM Group, Motherson Group and Uno Minda meet expectations and seem to be on solid track to achieve their designated Industry 4.0 targets. Bosch India has strong potential to up their post manufacturing Industry 4.0 capabilities. With Motherson building its own tech services firm, the developments are expected to be fast there..
