South Korea’s auto parts supply chain is rapidly losing competitiveness and manpower due to slow response to faster transition to automated and electric mobility amid lack of financial resources.

The Tata Groups' plans to set up a USD 300-million semiconductor manufacturing unit on a wartime basis may face headwinds, for the absence of raw materials and its scarce availability outside.

Manav Kapur, Executive Director, Steelbird International, shares four critical business abilities that automotive enterprises should acknowledge and execute to manage supply chain issues in future.

Global leading manufacturer, and supplier of lead-acid battery separators, Daramic on Monday said it has doubled production capacity at its manufacturing plant at Dahej in Gujarat.

A good supply chain management, integrated with predictive and prescriptive analytics becomes a crucial joining point for both the manufacturers and the distributors, says Manav Kapur, Executive Director, Steelbird International

Micron Technology will invest $150 billion in semiconductor research and development and manufacturing over the next 10 years.

Toyota Motor has announced that it will invest about $3.4 billion to develop batteries for electric vehicles and EV production in United States till the end of the decade

Ratings agency ICRA revised downwards the growth forecast for the auto components industry by 300 basis points for the ongoing fiscal year citing the impact of semiconductor shortage.

According to ICRA, the Production-Linked Incentive (PLI) scheme of Rs 259.38 billion has the potential to make India an export hub in the global auto supply chain and increase cost competitiveness.