New Delhi, Feb. 11 -- Semiconductor shortages and logistics disruption have exposed structural weaknesses in the automotive industry's global supply chains, highlighting the need to move beyond efficiency-driven models, Hyundai Motor India Managing Director and CEO Tarun Garg said today.

"Geopolitical shifts, semiconductor shortages and logistics disruptions taught us a painful lesson; efficiency without resilience is fragility," Garg said while addressing the 60th ACMA Excellence Awards and 11th Technology Summit 2026. "For 30 years, we vouched for just-in-time. We optimised the last penny of efficiency and did a fantastic job. But the world changed."

He said the industry must transition towards "just-in-case and just-in-future" strate...