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Auto part sector gains from UNIDO programme

NEW DELHI: The Indian auto component industry has enhanced its productivity with a substantial improvement in quality as a result of the UNIDO ‘partnership programme’ for the sector that is now in its third phase of implementation since its launch eight years ago, an impact assessment study of the programme by PricewaterhouseCoopers (PwC) has said.

“The partnership programme enhanced the business performance as well as the operational performance of targeted domestic small and medium enterprises (SMEs). Fifteen of the 30 firms (for which data was available for the phase II of the programme which began in 2002), showed growth rates that beat the industry growth rate of 62 per cent”, the study says.

The programme, in partnership between the United Nations Industrial Development Organisation (UNIDO), the Central Government and the Automotive Components Manufacturers’ Association of India (ACMA), was in recognition of the need for the domestic auto components industry to not only become globally competitive by adopting international best practices in their own operations as the sector gradually opened up to foreign competition but also to vertically extend such practices to their sub-suppliers.

The study has underlined the importance of expanding the outreach of the programme so as to upgrade the competitiveness of an increasing number of target companies in India.

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