With vulnerability of supply chains amidst geopolitical tensions and a fast-changing world, digital interventions are crucial to safeguard the automotive ecosystem, says Ravindra Patki of Vector Consulting Group.
27 Jan 2025 | 1227 Views | By Mayank Dhingra
As the automotive industry faces continued disruptions in supply chains owing to geopolitical challenges, it is incumbent upon the sector to become more agile and flexible by virtue of technology. While Industry 4.0 tools have been long in place to accumulate data, it is important to act on the data for relevant insights.
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As the automotive industry faces continued disruptions in supply chains owing to geopolitical challenges, it is incumbent upon the sector to become more agile and flexible by virtue of technology. While Industry 4.0 tools have been long in place to accumulate data, it is important to act on the data for relevant insights.
At the recently-concluded Auto Expo 2025, Autocar Professional exclusively spoke with top industry executives to gauge their future technology and business strategies for the Indian market which is likely to witness significant growth.
An expert in supply chain management, Ravindra Patki, Senior Partner, Vector Consulting Group, says, "The automotive industry has changed a lot from the digitisation perspective. While Industry 4.0 tools gather data, companies need to be agile and flexible to change by adapting faster. Companies should manage supply chains in a time effective manner."
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