Auto component suppliers sit on ₹98,000 cr inventory, says report

Amar Ujala

Factuality

Ownership

According to a report by Vector Consulting Group, the Indian auto component industry has ₹98,000 crore worth of stuck stock. Better management could release up to ₹39,000 crore, significantly benefiting the MSME sector.

Haberler

Factuality

Ownership

A Vector Consulting Group report reveals that 29,000-39,000 crore rupees of India's automotive component inventory could be freed up through improved management, increased productivity in SMEs could generate an additional 74,000-88,000 crore in annual turnover, which could be channeled into talent investments.