{"id":14895,"date":"2023-08-29T02:52:56","date_gmt":"2023-08-29T02:52:56","guid":{"rendered":"https:\/\/tata-blog.osian.dev\/blog\/?p=14895"},"modified":"2024-03-19T16:59:55","modified_gmt":"2024-03-19T11:29:55","slug":"know-how-digitisation-has-become-beneficial-in-automotive-industry","status":"publish","type":"post","link":"https:\/\/tata-blog.osian.dev\/blog\/loan-for-vehicle\/know-how-digitisation-has-become-beneficial-in-automotive-industry\/","title":{"rendered":"Know How Digitisation Has Become Beneficial in Automotive Industry"},"content":{"rendered":"\n

Enormous technological breakthroughs are speedily transforming the automotive sector. To meet customers\u2019 ever-evolving demands, automotive firms are deploying digital technologies throughout processes, including procurement, supply chain, sales, product design, marketing, etc. Thus, industry investments have also gone up considerably.<\/p>\n\n\n\n

The digital trends in this sphere look promising and will contribute to its unprecedented growth. Digitisation is sure to bring down costs, boost efficiency and trigger innovation across the industry.<\/p>\n\n\n\n

Let\u2019s dive deeper and look at the benefits of digitisation for carsand the automotive industry at large.<\/p>\n\n\n\n

Better manufacturing techniques<\/strong><\/h2>\n\n\n\n

The automotive industry has benefitted heavily from smart, digitally-powered manufacturing techniques. Artificial Intelligence-enabled (AI) robots are replacing manual labour. These latest-gen robots can work on multiple assemble tasks simultaneously without compromising on efficiency.<\/p>\n\n\n\n

With enhanced automation, sophisticated workflow-managing algorithms and connectivity, manufacturing have become cost-effective. Furthermore, visualisation technologies in testing and design drastically reduce the testing costs and lead to quicker time-to-market.<\/p>\n\n\n\n

A convenient car buying process<\/strong><\/h2>\n\n\n\n

Gone are the days when a showroom salesman was the only source of information about the car you intended to purchase. Today, customers demand a digitally-enriched experience, even while purchasing or researching a car.<\/p>\n\n\n\n

People go online and learn about the vehicle way before stepping foot in a showroom. Even when looking for second ownership, you can easily check your used car loan eligibility<\/a> on the net.<\/p>\n\n\n\n

Thanks to digitisation, physical showrooms are transforming via Virtual Reality (VR). It enables customers to virtually experience the look and feel of cars, have a 360-degree overview, etc., without even touching the actual model! Moreover, second-hand car finance digitisationfrom trusted lenders has made it hassle-free to avail of a loan.<\/p>\n\n\n\n

Additional Read: \u00a0<\/strong>How different is the Indian used car loan industry from other countries<\/a><\/p>\n\n\n\n

Enhanced transparency in supply chain<\/strong><\/h2>\n\n\n\n

Integrating digitisation into an automotive supply chain yields large-scale benefits like maximised productivity gains, better quality control, and enhanced flexibility. It reduces cost as the end-to-end process gets managed effectively. Digitisation helps achieve supply-chain transparency, decreases defects through data analytics and accelerates component design, ultimately leading to speedy delivery.<\/p>\n\n\n\n

Highly-personalised consumer experience<\/strong><\/h2>\n\n\n\n

Nowadays, cars are being powered by AI, the Internet of Things (IoT), etc. As a result, automobiles support similar connectivity as your tablets, smartphones, laptops, tech wearables and other smart devices. As cars become connected, they generate loads of data about the car\u2019s health, your preferences, software, maintenance, and more. This data can be used to provide you with a unique, personalised experience.<\/p>\n\n\n\n

Additional Read:  <\/strong>Has Budget 2021 added enough fuel to the automobile industry?<\/a><\/p>\n\n\n\n

Are you eyeing a second-hand car packed with innovative technologies but facing a shortage of funds? Not anymore! Tata Capital can fund your dreams. Avail of a used car loan<\/a> with us and finance your car purchase. With minimal paperwork and quick disbursals, you can get a loan amount up to Rs 50 lakhs in no time. <\/p>\n\n\n\n

With used car loan interest rates starting at just 15%, we offer customised EMI options and flexible loan tenures for up to 5 years. Get instant approval by applying through our online portal. Connect with Tata Capital and drive your dream ride today!<\/p>\n\n\n\n

\n
\n
<\/div>\n\n\n\n
\n
\n
Apply Now<\/a><\/div>\n<\/div>\n<\/div>\n\n\n\n
<\/div>\n<\/div>\n<\/div><\/div>\n","protected":false},"excerpt":{"rendered":"

Enormous technological breakthroughs are speedily transforming the automotive sector. <\/p>\n

Read More<\/a><\/p>\n","protected":false},"author":1,"featured_media":14896,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[27],"tags":[],"class_list":["post-14895","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-loan-for-vehicle"],"yoast_head":"\nDigitalization in Automotive Industry: Know How Digitization Has Become beneficial - Tata Capital Blog<\/title>\n<meta name=\"description\" content=\"Digitization is increasing investments in the automotive industry. Know the importance of Digitalization in Automotive Industry & how it has become beneficial.\" \/>\n<meta name=\"robots\" content=\"noindex, nofollow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Digitalization in Automotive Industry: Know How Digitization Has Become beneficial - Tata Capital Blog\" \/>\n<meta property=\"og:description\" content=\"Digitization is increasing investments in the automotive industry. Know the importance of Digitalization in Automotive Industry & how it has become beneficial.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.tatacapital.com\/blog\/loan-for-vehicle\/know-how-digitisation-has-become-beneficial-in-automotive-industry\/\" \/>\n<meta property=\"og:site_name\" content=\"TATA Capital Blog\" \/>\n<meta property=\"article:published_time\" content=\"2023-08-29T02:52:56+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-03-19T11:29:55+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.tatacapital.com\/blog\/wp-content\/uploads\/2021\/04\/know-how-digitisation-has-become-beneficial-in-automotive-industry.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"770\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Tata Capital\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Tata Capital\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.tatacapital.com\/blog\/loan-for-vehicle\/know-how-digitisation-has-become-beneficial-in-automotive-industry\/\",\"url\":\"https:\/\/www.tatacapital.com\/blog\/loan-for-vehicle\/know-how-digitisation-has-become-beneficial-in-automotive-industry\/\",\"name\":\"Digitalization in Automotive Industry: Know How Digitization Has Become beneficial - Tata Capital Blog\",\"isPartOf\":{\"@id\":\"https:\/\/www.tatacapital.com\/blog\/#website\"},\"datePublished\":\"2023-08-29T02:52:56+00:00\",\"dateModified\":\"2024-03-19T11:29:55+00:00\",\"author\":{\"@id\":\"https:\/\/www.tatacapital.com\/blog\/#\/schema\/person\/5ccf99347b9365e2fa68bd32006d0b4a\"},\"description\":\"Digitization is increasing investments in the automotive industry. Know the importance of Digitalization in Automotive Industry & how it has become beneficial.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.tatacapital.com\/blog\/loan-for-vehicle\/know-how-digitisation-has-become-beneficial-in-automotive-industry\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.tatacapital.com\/blog\/loan-for-vehicle\/know-how-digitisation-has-become-beneficial-in-automotive-industry\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.tatacapital.com\/blog\/loan-for-vehicle\/know-how-digitisation-has-become-beneficial-in-automotive-industry\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.tatacapital.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Know How Digitisation Has Become Beneficial in Automotive Industry\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.tatacapital.com\/blog\/#website\",\"url\":\"https:\/\/www.tatacapital.com\/blog\/\",\"name\":\"TATA Capital Blog\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.tatacapital.com\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.tatacapital.com\/blog\/#\/schema\/person\/5ccf99347b9365e2fa68bd32006d0b4a\",\"name\":\"Tata Capital\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.tatacapital.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/a6a38ea7397ec3ff4a8dc9b854558dbfc2d1c417498effd79c6186d3edf6ae28?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/a6a38ea7397ec3ff4a8dc9b854558dbfc2d1c417498effd79c6186d3edf6ae28?s=96&d=mm&r=g\",\"caption\":\"Tata Capital\"},\"sameAs\":[\"https:\/\/tata-blog.osian.dev\/blog\"],\"url\":\"https:\/\/tata-blog.osian.dev\/blog\/author\/admin\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Digitalization in Automotive Industry: Know How Digitization Has Become beneficial - Tata Capital Blog","description":"Digitization is increasing investments in the automotive industry. Know the importance of Digitalization in Automotive Industry & how it has become beneficial.","robots":{"index":"noindex","follow":"nofollow"},"og_locale":"en_US","og_type":"article","og_title":"Digitalization in Automotive Industry: Know How Digitization Has Become beneficial - Tata Capital Blog","og_description":"Digitization is increasing investments in the automotive industry. Know the importance of Digitalization in Automotive Industry & how it has become beneficial.","og_url":"https:\/\/www.tatacapital.com\/blog\/loan-for-vehicle\/know-how-digitisation-has-become-beneficial-in-automotive-industry\/","og_site_name":"TATA Capital Blog","article_published_time":"2023-08-29T02:52:56+00:00","article_modified_time":"2024-03-19T11:29:55+00:00","og_image":[{"width":770,"height":400,"url":"https:\/\/www.tatacapital.com\/blog\/wp-content\/uploads\/2021\/04\/know-how-digitisation-has-become-beneficial-in-automotive-industry.jpg","type":"image\/jpeg"}],"author":"Tata Capital","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Tata Capital","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.tatacapital.com\/blog\/loan-for-vehicle\/know-how-digitisation-has-become-beneficial-in-automotive-industry\/","url":"https:\/\/www.tatacapital.com\/blog\/loan-for-vehicle\/know-how-digitisation-has-become-beneficial-in-automotive-industry\/","name":"Digitalization in Automotive Industry: Know How Digitization Has Become beneficial - Tata Capital Blog","isPartOf":{"@id":"https:\/\/www.tatacapital.com\/blog\/#website"},"datePublished":"2023-08-29T02:52:56+00:00","dateModified":"2024-03-19T11:29:55+00:00","author":{"@id":"https:\/\/www.tatacapital.com\/blog\/#\/schema\/person\/5ccf99347b9365e2fa68bd32006d0b4a"},"description":"Digitization is increasing investments in the automotive industry. Know the importance of Digitalization in Automotive Industry & how it has become beneficial.","breadcrumb":{"@id":"https:\/\/www.tatacapital.com\/blog\/loan-for-vehicle\/know-how-digitisation-has-become-beneficial-in-automotive-industry\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.tatacapital.com\/blog\/loan-for-vehicle\/know-how-digitisation-has-become-beneficial-in-automotive-industry\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.tatacapital.com\/blog\/loan-for-vehicle\/know-how-digitisation-has-become-beneficial-in-automotive-industry\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.tatacapital.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Know How Digitisation Has Become Beneficial in Automotive Industry"}]},{"@type":"WebSite","@id":"https:\/\/www.tatacapital.com\/blog\/#website","url":"https:\/\/www.tatacapital.com\/blog\/","name":"TATA Capital Blog","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.tatacapital.com\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.tatacapital.com\/blog\/#\/schema\/person\/5ccf99347b9365e2fa68bd32006d0b4a","name":"Tata Capital","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.tatacapital.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/a6a38ea7397ec3ff4a8dc9b854558dbfc2d1c417498effd79c6186d3edf6ae28?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a6a38ea7397ec3ff4a8dc9b854558dbfc2d1c417498effd79c6186d3edf6ae28?s=96&d=mm&r=g","caption":"Tata Capital"},"sameAs":["https:\/\/tata-blog.osian.dev\/blog"],"url":"https:\/\/tata-blog.osian.dev\/blog\/author\/admin\/"}]}},"featured_image_url":"https:\/\/tata-blog.osian.dev\/blog\/wp-content\/uploads\/2021\/04\/know-how-digitisation-has-become-beneficial-in-automotive-industry.jpg","_links":{"self":[{"href":"https:\/\/tata-blog.osian.dev\/blog\/wp-json\/wp\/v2\/posts\/14895","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tata-blog.osian.dev\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tata-blog.osian.dev\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tata-blog.osian.dev\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tata-blog.osian.dev\/blog\/wp-json\/wp\/v2\/comments?post=14895"}],"version-history":[{"count":1,"href":"https:\/\/tata-blog.osian.dev\/blog\/wp-json\/wp\/v2\/posts\/14895\/revisions"}],"predecessor-version":[{"id":40884,"href":"https:\/\/tata-blog.osian.dev\/blog\/wp-json\/wp\/v2\/posts\/14895\/revisions\/40884"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tata-blog.osian.dev\/blog\/wp-json\/wp\/v2\/media\/14896"}],"wp:attachment":[{"href":"https:\/\/tata-blog.osian.dev\/blog\/wp-json\/wp\/v2\/media?parent=14895"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tata-blog.osian.dev\/blog\/wp-json\/wp\/v2\/categories?post=14895"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tata-blog.osian.dev\/blog\/wp-json\/wp\/v2\/tags?post=14895"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}