Work stoppage or temporary shutdown of a busy assembly line often leads to huge losses for the manufacturer. Vehicle manufacturing plants across segments are the backbone of the entire production and demand-supply equation in the vehicle market. While automobiles and auto component manufacturing are the two most-talked-about business segments, industrial services specifically directed at them seldom find serious takers. Voith Industrial Services India (VISI), the four-year-old Indian arm of German giant Voith’s industrial services vertical, hopes to be the preferred industrial services partner to automobile OEMs and Tier 1 suppliers in India.
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