Movers & Shakers Interview with Mr. Vasudevan Krishnamachari, President & Head, Light Vehicle Business Unit, Brakes India and Mr. Rajiv Balagangadharan, Head, European Business, Brakes India
Frost & Sullivan Manufacturing
JANUARY 10, 2024
For India, the rapidly growing auto market is expected to reach $300 billion by 2026. We have rising and unreliable logistics costs, local content requirements and contractual issues like JIT requirements, leading to blocked working capital. The headwinds we face are, therefore, more external than internal.
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