Adoption barriers of blockchain technology in Indian automotive supply chain: an MCDM approach

Title

Adoption barriers of blockchain technology in Indian automotive supply chain: an MCDM approach

Creator

Pujari, Siva Kumar; Saha, Saibal Kumar; Sasi, Aromal

Description

The Indian automobile industry faces intense competition from international firms, making technological upgrades essential. Blockchain, known for powering cryptocurrencies, offers a transparent, immutable, and decentralised database beneficial for supply chains. Despite its potential and widespread use in other sectors, the Indian automobile industry has been slow to adopt it. This paper examines the barriers to blockchain adoption in this sector using Delphi and DEMATEL techniques. The study reveals that trust-building among partners and collaboration challenges due to blockchains complexity are the primary obstacles hindering adoption. These barriers make it difficult for firms to decide on implementing blockchain technology in their supply chains, with other obstacles being secondary but interconnected. Overcoming these obstacles requires transforming company cultures, establishing efficient governance systems, and ensuring transparent data disclosure. Governments can support this by stimulating innovation through legislation and creating blockchain sandboxes for safe testing, helping to develop standards with organisations like ISO and IEEE. 2025 Inderscience Publishers. All rights reserved.

Source

International Journal of Multicriteria Decision Making;Volume;10;Issue;2;pp.103-128

Date

01-01-2025

Publisher

Inderscience Publishers

Subject

automobile; blockchain; data privacy; DEMATEL; organisation culture

Coverage

Pujari S.K., School of Business and Management, Christ University, India; Saha S.K., Xavier Business School, St. Xaviers University, Kolkata, India; Sasi A., School of Business and Management, Christ University, India

Rights

Restricted Access; Hardcopy may be available in the library

Relation

ISSN: 2040106X;

Format

online

Language

English

Type

Article

Identifier

https://doi.org/10.1504/IJMCDM.2025.150297

https://www.scopus.com/pages/publications/105024437119?origin=resultslist