Aditya MehtaChief Executive Officer · Essays & perspective

Aditya Mehta / Chief Executive Officer

Three arguments about how Indian component makers should change

Perspectives from a life in leadership.

The latest essay

Electric-vehicle capital allocation6 min read

Follow the grinding wheel, not the value pool

Indian component makers are being told to move into electric axles and battery systems because that is where an electric vehicle's value sits. I think most should invest where their process skill transfers, and pay only for options where it does not.

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The archive.

Electric-vehicle capital allocation

  1. Electric-vehicle capital allocation6 min read

    Follow the grinding wheel, not the value pool

    Indian component makers are being told to move into electric axles and battery systems because that is where an electric vehicle's value sits. I think most should invest where their process skill transfers, and pay only for options where it does not.

    Open essay

Customer concentration and vehicle-maker pricing

  1. Customer concentration and vehicle-maker pricing5 min read

    A price-down letter deserves a board paper

    Indian auto-component makers treat annual price reductions and below-cost quotations as commercial routine. They are capital-allocation decisions, and a board that never sees return on capital by customer cannot tell whether its largest relationship is an asset or a subsidy.

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Industrial relations and contract labour

  1. Industrial relations and contract labour5 min read

    Permanent work should be done by permanent people

    Many Indian auto-component plants run core production with contract workers beside permanent colleagues doing the same job. The arrangement looks like flexibility. I think it is a hidden risk to safety, quality and industrial peace, and that core roles should become permanent through a skills test.

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