Innovative management system for environmental sustainability practices among Indian auto-component manufacturers

David Arokiaraj, Chandirasekaran Ganeshkumar and Pascal Victer Paul

International Journal of Business Innovation and Research, 2020, vol. 23, issue 2, 168-182

Abstract: The study was conducted in the practice of innovative management system (IMS) among the auto-component manufacturers in Ambattur Industrial Estate, Chennai, India. Today, there is urgency among manufacturer has needed to implement IMS and to produce the environmentally friendly product. Manufacturers alone contributed to 18% of world carbon's emission (OICA, 2017). This study was focused on how environmental friendly manufacturing practices help to drive into the harmless product by a practice of IMS among auto-component manufacturers. The partial least squares-structural equation modelling (PLS-SEM) was performed to extend the environmental responsibility of auto-component manufacturers, their analysis result shows that the sustainable procurement (30.4%) and eco-product design (30.1%) are determined by the practice of corporate governance. Further, it is noted that the practice of waste management system (WMS) 30.4% with innovating tactics by the method of 3R's are recycled, reuse and recovered, again it pushed the product into the eco-product design (16.1%) and WMS influence environmentally responsible manufacturing process by 29.8%.

Keywords: auto-component manufacturers; ACM; environmental responsibility; partial least squares-structural equation modelling; PLS-SEM; environmental friendly manufacturers. (search for similar items in EconPapers)
Date: 2020
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Citations: View citations in EconPapers (2)

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