Strengths
• Global strategic technology partnerships
• Dedicated R&D team with a global outlook
• In-house world class electronic manufacturing capabilities
• Excellent relationship and business with Indian 2W OEMs
• Early mover advantage in upcoming new technology areas
Weaknesses
• Imbalanced customer wise business share concentration
• No presence in automotive aftermarket business
• Minimal presence in the 4W and CV segment
Opportunities
• Growing Indian Automotive Market
• Electronic content per vehicle is expected to increase significantly
• Stringent changes in safety and emission regulations are underway
• Demand for new technology is on increase – eg electric & connected
• Most global OEMs are planning/ planned India entry
Threats
• Presence of established competitors like Bosch
• New global entrants underway for new technologies
• Faster introduction of newer technologies and diversified range by
existing and upcoming competitors