IDEAS home Printed from https://ideas.repec.org/a/eme/ijppmp/v56y2007i4p285-304.html
   My bibliography  Save this article

Strategy development for competitiveness: a study on Indian auto component sector

Author

Listed:
  • Rajesh K. Singh
  • Suresh K. Garg
  • S.G. Deshmukh

Abstract

Purpose - The purpose of this study is to analyse different aspects of competitiveness relating to the Indian auto component sector, set within a globalised economy with its attendant pressures and constraints. It examines the strategies adopted for quality improvement, cost reduction, investment and competency development. It also aims to establish the relationship between strategies and the different dimensions of competitiveness. Design/methodology/approach - A questionnaire was used to collect the research data: 75 valid responses were received. Statistical analysis of data acquired from the survey was carried out by a reliability test,t‐test and correlation analysis. Findings - A growth‐supportive environment, raising funds from the market and a shortage of technical manpower are major constraining factors whereas cost, quality, and delivery time are the main pressures on the auto component sector. The auto component sector is flexible in developing strategies and those strategies relating to cost, quality; investment and competency development are significantly correlated with competitiveness. Research limitations/implications - This study could be further extended by considering other aspects of strategy development, such as human resource, vendor development, organization culture, etc. Practical implications - Organisations should make the necessary investment to develop new competencies, and should address cost reduction and quality improvement. They should also benchmark themselves against industry standards to sustain competitiveness. Originality/value - This study will help organizations in shaping competitive strategies and in deciding dimensions of performance measurement.

Suggested Citation

  • Rajesh K. Singh & Suresh K. Garg & S.G. Deshmukh, 2007. "Strategy development for competitiveness: a study on Indian auto component sector," International Journal of Productivity and Performance Management, Emerald Group Publishing Limited, vol. 56(4), pages 285-304, May.
    • Handle: RePEc:eme:ijppmp:v:56:y:2007:i:4:p:285-304
    DOI: 10.1108/17410400710745315
    as

    Download full text from publisher

    File URL: https://www.emerald.com/insight/content/doi/10.1108/17410400710745315/full/html?utm_source=repec&utm_medium=feed&utm_campaign=repec
    Download Restriction: Access to full text is restricted to subscribers
    File URL: https://www.emerald.com/insight/content/doi/10.1108/17410400710745315/full/pdf?utm_source=repec&utm_medium=feed&utm_campaign=repec
    Download Restriction: Access to full text is restricted to subscribers
    File URL: https://libkey.io/10.1108/17410400710745315?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Bhupender Singh & Sandeep Grover & Vikram Singh, 2017. "A benchmarking model for Indian service industries using MICMAC and WISM approach," International Journal of System Assurance Engineering and Management, Springer;The Society for Reliability, Engineering Quality and Operations Management (SREQOM),India, and Division of Operation and Maintenance, Lulea University of Technology, Sweden, vol. 8(2), pages 1266-1281, November.
    2. Veronika Bumberová & Vojtěch Koráb, 2013. "Empirical development taxonomy of micro, small and medium-sized enterprises in South Moravian Region," Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, Mendel University Press, vol. 61(7), pages 2021-2031.
    3. S. G. Deshmukh & Abid Haleem, 2020. "Framework for Manufacturing in Post-COVID-19 World Order: An Indian Perspective," International Journal of Global Business and Competitiveness, Springer, vol. 15(1), pages 49-60, June.
    4. Danijela Stošić Panić, 2019. "The Strategic Choices Of Serbian Entrepreneurs: Are They Entrepreneurially Oriented And Do They Differ By Gender?," Economic Annals, Faculty of Economics and Business, University of Belgrade, vol. 64(222), pages 147-172, July – Se.
    5. Marieme Chouki & Mohamed Talea & Chafik Okar & Razane Chroqui, 2020. "Barriers to Information Technology Adoption Within Small and Medium Enterprises: A Systematic Literature Review," International Journal of Innovation and Technology Management (IJITM), World Scientific Publishing Co. Pte. Ltd., vol. 17(01), pages 1-42, February.
    6. Nina Edh Mirzaei & Per Hilletofth & Rudrajeet Pal, 2021. "Challenges to competitive manufacturing in high-cost environments: checklist and insights from Swedish manufacturing firms," Operations Management Research, Springer, vol. 14(3), pages 272-292, December.
    7. Rajesh Katiyar & M. K. Barua & Purushottam L. Meena, 2018. "Analysing the Interactions Among the Barriers of Supply Chain Performance Measurement: An ISM with Fuzzy MICMAC Approach," Global Business Review, International Management Institute, vol. 19(1), pages 48-68, February.
    8. Shivakumar S. Malagihal, 2021. "Strategic Options for Automobile OEMs of Indian Origin to have Sustained Competitive Advantage: A Case of Tata Motors," International Journal of Global Business and Competitiveness, Springer, vol. 16(2), pages 139-152, December.
    9. J. Vineesh Prakash & D. K. Nauriyal, 2020. "Automotive Components Industry and Profitability Factors: Evidence from India," Vision, , vol. 25(2), pages 209-223, June.
    10. Kanwar Sunil & Hall Bronwyn H., 2017. "The Market Value of R&D in Emerging Economies: Evidence from India," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 17(1), pages 1-22, February.
    11. Joshi, Deepika & Nepal, Bimal & Rathore, Ajay Pal Singh & Sharma, Dipti, 2013. "On supply chain competitiveness of Indian automotive component manufacturing industry," International Journal of Production Economics, Elsevier, vol. 143(1), pages 151-161.
    12. S. G. Deshmukh & Abid Haleem, 0. "Framework for Manufacturing in Post-COVID-19 World Order: An Indian Perspective," International Journal of Global Business and Competitiveness, Springer, vol. 0, pages 1-12.
    13. Rajesh K. Singh, 2013. "Analyzing the Factors for VMI Implementation: A Framework," Global Business Review, International Management Institute, vol. 14(1), pages 169-186, February.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eme:ijppmp:v:56:y:2007:i:4:p:285-304. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Emerald Support (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.