Total Quality Management Practices and Organizational Performance

In recent years, automobile industry has developed the capability of manufacturing all components required to manufacture vehicles, which is an evidence of growing economy in global market. The auto-component industry has holistic capability to manufacture the entire range of components like Engine parts, Drive, Transmission Parts, Suspension & Braking Parts, Electricals, Body and Chassis Parts, Equipment etc. The Indian auto-components industry has experienced healthy growth over the years by attributing the factors such as buoyant end-user market, improved consumer sentiment and return of adequate liquidity in the financial system.