
India's car industry is poised to drive manufacturing growth and attract investments, according to Maruti Suzuki chairman R.C. Bhargava. He envisions India becoming a significant provider of automobile technology to the developing world. Bhargava acknowledges India's status as the third-largest car market globally and foresees substantial growth. He emphasizes the automobile industry's pivotal role in manufacturing growth, highlighting the sector's appeal to major global manufacturers. Despite India's geopolitical advantages, Bhargava notes that the manufacturing industry needs to enhance competitiveness. In his book "Impossible to Possible," Bhargava discusses Maruti Suzuki's success and emphasizes the importance of productivity principles from the Japanese partner, Suzuki. Maruti Suzuki aims to produce 4 million cars by 2030. Bhargava emphasizes the need for public enterprises to boost performance, advocating strategic partnerships to drive growth. He warns against blindly following Western management practices and encourages adopting Japanese philosophies like kaizen for continuous improvement. Maruti Suzuki's success is attributed to its collaboration with Suzuki, leading to substantial savings and making a difference in the manufacturing industry.
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