Case Solution & Analysis for Thakur Engineering Works: Treading into the Future by Meenakshi Jakhar, Manoj Kumar Srivastava.
Complete Case details are given below :
Case Name : Thakur Engineering Works: Treading into the Future
Authors : Meenakshi Jakhar, Manoj Kumar Srivastava
Source : Ivey Publishing
Case ID : 9B16M088 / W16383
Discipline : General Management
Case Length : 10 pages
Plagiarism : NO (100% Original work)
Description for case is given below :
At the end of 2014, the owner of India-based Thakur Engineering Works (TEW) was at a crossroads in determining his company’s future. After more than two decades of solidly building the family business’s reputation at home, the producer and supplier of auto parts was poised for expansion either domestically or globally. TEW already produced parts that were shipped overseas via domestic exporters. The owner could not help but wonder about the possibility of simply shipping the parts directly to foreign clients. While that decision would require changes to its logistics and operations and would incur costs related to exports, the owner could not ignore the pay-off in profits. In India, the auto parts market was experiencing a slowdown, resulting in fierce competition, price reductions, and pressure to deliver parts faster. Despite these challenges, the Indian market was one he understood, so expansion there carried little risk. Should TEW continue to focus on increasing its market position domestically or was the time right for TEW to target the more profitable global market?
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