DHL, the world’s leading logistics company, unveiled its industry roadmap to power India’s automotive sector to a broad cross section of industry leaders at the Automotive India Conference 2009 in Pune recently, which was hosted by DHL. DHL identified the key logistics factors in the three core areas of inbound to manufacturing, aftermarket, and international supply chain that would determine the auto success stories in India in the near and long term. Developing auto markets are under the spotlight as traditional centers of production and consumption are shifting to these developing markets and heightened by a number of factors, found out the conclave. First, the industry had a problem of overcapacity and the current crisis accelerates the sizing issue. Coupled with increasing environmental pressures, government interventions, and fuel spike, change is in the air. Experts predict that over 50 percent of growth in the automotive sector will occur in emerging markets through 2015, and India is at the forefront of this trend, playing an increasingly prominent role in the global industry; its automotive sector is expected to contribute 10 per cent of its GDP by 2016. |
