Impact of EV disruption on auto-ancillary sector: Exploring resilience enablers for long-term sustainability

Agrawal, Anshu (2024) Impact of EV disruption on auto-ancillary sector: Exploring resilience enablers for long-term sustainability. Journal of Cleaner Production, 483: 144179. ISSN 0959-6526

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Abstract

The study explores the impact of EV disruption on Indian auto-ancillary firms and identifies the resilience enablers that can sustain the challenges and long-term survival. We use SAP-LAP analysis to examine the situation, key actors, and process affected; further, resilience enablers were identified based on key learnings from SAP parameters interaction. Using MTISM, we explored the resilience enablers hierarchy from the elementary level to the highest echelon. Further, to examine the practical validity of the framework, strategic initiatives implemented by auto-ancillary players listed on the Indian bourses were captured. We found three-level resilience enablers to withstand the disruptive market shift; internal transformation and strengthening legacy capabilities as the prime survival option, followed by radical innovation independently or by collaborating with the expertise firms for resources and technology. Disruptive innovations, mergers, and acquisitions are the highest turnaround strategies driving long-term sustainability and value enhancement.

Item Type: Article
Keywords: EV disruption | Indian auto-ancillary firms | Resilience enablers | SAP-LAP analysis | MTISM framework
Subjects: Social Sciences and humanities > Social Sciences > Social Sciences (General)
JGU School/Centre: Jindal Global Business School
Depositing User: Dharmveer Modi
Date Deposited: 02 Dec 2024 11:26
Last Modified: 02 Dec 2024 11:26
Official URL: https://doi.org/10.1016/j.jclepro.2024.144179
URI: https://pure.jgu.edu.in/id/eprint/8849

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