5 Challenges That Are Holding Automotive Supply Chain Back

India is on the verge of becoming the world’s third-largest auto manufacturer by 2020 but unfortunately, India’s logistics cost as a per cent of sales is at least 30% higher than China mainly because of inefficiencies. The major challenge for Indian supply chain professionals is to build a supply chain that is prepared for long-term growth but at the same time is also lean enough to handle market volatilities. Increasing competition and narrowing margins have put immense pressure on the OEMs and auto component manufacturers. Let’s take a look at 5 major challenges being faced by Indian automotive industry.Inefficient Capacity…