Cummins India’s Post

The supply chain network of automotive companies is increasingly complex, driven by dependencies ranging from sourcing of specialized raw materials, semiconductors, and other high-value parts. Surging demand, lead-time delays, logistics choke points, capacity shortfalls, and productivity hangovers continue to be daily struggles for global and Indian automotive supply chain community. As the industry looks to leave behind global inflationary scene and macroeconomic tailwinds from a tough 2023, the automotive industry is looking at stable yet moderate growth in Indian market, while growing strength-by-strength in global automotive sourcing landscape. Not only does the industry has significant cost advantage in comparison to developed markets, the maturing ecosystem with rapid adoption of Industry 4.0 technologies, automation, and engineering design positions India as the key alternative to China. The industry should also look at long-term investments in logistics capabilities that would build sustained competitiveness. In these circumstances, automotive industry remains cautiously optimistic about growth and catching new opportunities. These shifts also demand strategic necessities for supply chain departments, managing deeper intricacies collaboration needs and possible disruptions. Considering these factors, at the "2024 Automotive Supply Chain Conference" in Delhi, the CII Institute of Logistics released a theme paper on "Preparing for Growth through Supply Agility, Logistics Capability, and Technology-Enabled Risk Management." Theme paper link : https://lnkd.in/ejvrfJEX . . . . #logistics #supplychain #automotiveindustry #india #CII #CIIIL #2024trends 

🚀 Shaping India’s Future Through Advanced Manufacturing 🚀 The recent event highlighted how advanced manufacturing can drive India's economic growth. Thought-provoking discussions offered practical insights for businesses aiming to stay competitive in a rapidly changing landscape. ~ Mr Saravanan Srinivasan, Head – Manufacturing Services Logistics & Industrial JLL India on the recently organized Advanced Manufacturing Summit 2024 in Gurugram #CII4NR CIIEvents #AdvancedManufacturing #Innovation #EconomicGrowth

Discover the rising tide of India's manufacturing sector and unlock cost-effective production opportunities. Dive into a landscape ripe with potential for growth and innovation. #ManufacturingSector #ProductionOpportunities #MakeInIndia

Logistics plays a key role globally and in particular in the Indian economy. This has led to an environment of constant innovation in the sector. Read more about the trends that are transforming the logistics industry in India and how Bosch L.OS is aiming to play a role: https://lnkd.in/d_bNrDuF #LogisticsInnovation #LogisticsOperatingSystem

Competitive #manufacturing in 12 new hubs could help India top $1 trillion in merchandise exports by 2030, writes Chandrajit Banerjee, Director General, CII. Read his insights on how smart industrial cities can drive India's export targets in #CIICommunique https://bit.ly/3Bk7GIZ #CII4Exports CII Manufacturing

Is India's current manufacturing trajectory promising enough for success? Can it surpass the competition? Share your views with us. Source: CNBC #Mancer #MancerConsulting #Manufacturing #ManufacturingIndustry #ManufacturingSector #IndianManufacturing #ElectronicsManufacturing #ManufacturingRace #GlobalManufacturing #CompetitiveIndustry #EconomicGrowth #SupplyChainChallenges #TradeDynamics #InfrastructureInvestment #GlobalTrade #BusinessStrategy #CNBC

Big news for Indian manufacturing! The sector is expected to TRIPLE in size by FY34, reaching a whopping $1.66 trillion!   This is way more than the average growth of the last decade. 𝐓𝐡𝐢𝐬 𝐛𝐨𝐨𝐦 𝐢𝐬 𝐟𝐮𝐞𝐥𝐞𝐝 𝐛𝐲 𝐚 𝐟𝐞𝐰 𝐭𝐡𝐢𝐧𝐠𝐬: ✅Sweet PLI schemes are making it more attractive to manufacture in India. ✅Infrastructure upgrades are on the way, making it easier to move things around. ✅Logistics costs are dropping, which means Indian-made goods can compete better globally. 𝐄𝐱𝐩𝐨𝐫𝐭𝐞𝐫𝐬 𝐫𝐞𝐣𝐨𝐢𝐜𝐞! ✅Increased demand will create a stronger export ecosystem. ✅Lower production costs = competitive pricing for your exports. ✅New PLI sectors like semiconductors mean exciting export opportunities! India's manufacturing future is bright! Get ready for a boom! #MakeinIndia #ManufacturingBoom #ExportPowerhouse

 🚀 Exciting Times Ahead for India's Electronics Manufacturing Sector! 📈 With India poised to emerge as a global powerhouse in electronics manufacturing, fueled by burgeoning local demand and enhanced competitiveness for exports, the opportunities are immense! 🌍💼 The Electronic Manufacturing Services (EMS) sector in India is forecasted to soar to over US$ 80 Billion by 2027, boasting a remarkable 33% CAGR from FY 2022. What's driving this exponential growth? Let's delve into the key drivers: 1️. Domestic Development with PLI Schemes: India's proactive policies like Production Linked Incentive (PLI) schemes are fostering domestic growth, nurturing a vibrant ecosystem for electronic manufacturing. 2️. China Plus One Strategy: The shift towards diversification from China is propelling India as an attractive alternative, mitigating supply chain risks and bolstering investment in the sector. 3️. Rise in Outsourcing Share: The increasing trend of outsourcing is further catalyzing the expansion of India's EMS market, offering cost-effective solutions coupled with quality assurance. Amidst this promising landscape, one company stands out – Syrma SGS Technologies Limited. Trading at Rs. 522, roughly at a PE multiple of 75, the stock presents an intriguing investment opportunity. With a valuation below the industry PE median of 100, Syrma SGS tech holds strong fundamentals and potential for growth. Despite experiencing a notable 30% correction over the past two months, Syrma SGS Technologies' stock is showing signs of resilience, finding support around the ~485 levels. Currently hovering near resistance levels at 545-550, a potential breakthrough could signal bullish momentum, propelling the stock towards its impressive 52-week high of 705. Taking a broader perspective, since March 2023, the stock has been on an upward trajectory, generating approximately three times the wealth for investors. This sustained uptrend underscores the underlying strength and potential for further growth in Syrma SGS Technologies. 💡 My analysis suggests a potential upside of 30-60% based on EV/EBITDA and P/E multiples. As we navigate through these exciting times in the EMS industry, keeping a keen eye on Syrma SGS Technologies could prove rewarding! What are your thoughts on this dynamic industry and the potential of Syrma SGS Technologies? Share your insights below! Let's ignite a discussion. 🔥  #ElectronicsManufacturing #InvestmentOpportunity #SyrmaSGSTechnologies #IndiaEMSIndustry #TechInvesting

Schaeffler India Ltd announces Q3 results for 2024. Amidst dynamic market conditions, Schaeffler India Ltd demonstrated sustained growth in key financial indicators. Read more in the press release: https://lnkd.in/gMfwRiRH #SchaefflerResults #Wepioneermotion