A new engineering joint venture
A North American Tier I automotive supplier retained Strategy& to device a business plan for a new joint venture with a leading high-end Indian engineering services firm to serve both the auto and aerospace industries. The goal was to create a company that could combine the auto supplier’s strong relationships with OEMs and Tier II suppliers in North America with the Indian company’s global services footprint.
After assessing the capabilities of both partners in the prospective joint venture, we analyzed the potential growth opportunities in the JV’s target market and developed both a vision and the optimum end-state for the JV.
Then we developed a specific business plan, based on several possible scenarios, and recommended the capabilities the JV would need, together with a detailed analysis of the investment required to build them.