The automotive and engineering sectors in India are going through a transitional phase. While many domestic companies have made their mark on the world stage, some are still aspiring to meet those benchmarks which get them into the elite global club. The indirect tax reforms proposed by the government are expected to rationalize the incidence of taxes, resulting in lower prices and increased volumes. The two sectors are also gearing up to exploit the opportunities and meet the challenges posed by WTO regulations and Free Trade Agreements.

Over the years, TSMG has helped its clients in the automotive, auto components and engineering sectors by way of formulating strategies, translating them into annual operating plans and cascading these plans to key individuals to ensure alignment. We have also helped companies improve their competitiveness through cost reduction, sales channel streamlining, supplier rationalization, manpower reduction and productivity improvement. In the engineering sector, we have worked with several clients in steel including down-stream businesses like wires, tubes and pipes, manufacturing and process industries.

By virtue of being one of the largest and oldest management consultants in this area, and our longstanding partnership with Tata Motors Limited, we has accumulated a wealth of insights and experience in the auto and engineering sectors. The practice is supported by a team of individuals who have a sound background in engineering and manufacturing, not to mention superior academic and professional performances. 

Apart from Tata Motors, with whom we share a close association and who enabled us participate in tackling the Indian environment and the unique challenges faced by Indian companies, we have also assisted Michelin, Bharat Forge, the Kalyani Group, Tata Autocomp Systems Limited, Ghatge Patil, Tata Cummins and SKF Bearings, in areas spanning strategy formulation, cost reduction, productivity improvement and strategy deployment.