SWOT Analysis Of Automobile Factors In The Automobile Industry

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Manufacturers Automobile components Industry Overview Auto-components are basically parts required for the set-up of an automobile and SME’ in this industry produce a wide range of gears,shafts,couplings,forgings etc.Auto component SME’s are one of the fastest growing within the SME.The industry is highly fragmented & most of these companies are part of the unorganized sector. These production units are important contributors to the production of auto-components and also have a share in the the exports industry. Nevertheless, sustenance and survival still remains an issue for these companies as they will have to absorb the best practices in an industry that is highly competitive.Cost-competitiveness, customer orientation i.e. catering to specific needs of its clients, lead time & most importantly technological upgradation are some of the issues that need to be improved in the case of SME’s in this industry. Doing a SWOT analysis & as shown in Fig.1 of the sme clients in the Delhi NCR region it was found that in terms of growth potential it is one of the industries that one can look...

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