Abstract

The report discusses the potential of India to emerge as a major global manufacturing hub. It highlights the growth of four industries including automotive products, automotive components, IT Hardware and Gems and Jewelry. Automotive companies like Tata Motors and Hyundai are leveraging on their capabilities to manufacture and export good quality automobiles in India. The report discusses how Indian automotive component companies like Bharat Forge Limited and Sundaram Fasteners have emerged as major Original Equipment Manufacturers for several leading automobile majors in the world. In the gems and jewelry industry, particularly in cutting and polishing of diamonds India possesses a major advantage over other developing countries engaged in this business. In the IT hardware industry, the report discusses how companies like TVSE electronics have carved a niche for themselves in developing innovative products for the domestic and international markets. It also highlights the challenges faced by these companies in their respective industries.

Learning Objectives

The case is structured to achieve the following Learning Objectives:

• Appreciate the potential of India to emerge as a premier IT hardware destination in the world.
• Understand the opportunities as well as challenges for Indian companies in diverse industries including automobiles, IT hardware and Gems and Jewelry.
• Understand how companies within each industry can grow through continuous upgradation of technical and managerial skills.

Keywords

Manufacturing Sector in India, IT Hardware Industry, Automotive Industry, Automotive Components, Bharat Forge Limited, Diamond and Jewelry Industry, TVS Electronics Limited