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Swot Analysis of RML:: Strengths
Swot Analysis of RML:: Strengths
STRENGTHS:-
WEAKNESS:-
1. Asset productivity.
2. Inadequate absorption of technologies know-how from TRW.
3. Lead time for new product development
4. Dependency on declining products (manual steering gear)
5. Process robustness
6. Sourcing capability
OPPORTUNITIES:-
1. Exports
2. TRW-US/Europe
3. Replacement
4. Domestic
3 wheeler – M & M / Tata cub
Hydrostatic gear
Sonaika
THREATS:-
1. Shift from manual to power steering gears
2. Cost pressure from market / customers
3. Rupee appreciation
4. Ball joints becoming a commodity
5. Import of ball joint assembly due to duty reduction
6. Lack of new product portfolio