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What are the Top 10 reasons for Chinese manufacturing dominance??

Started by : Isha Verma, Sales/BD Manager, Larsen & Toubro   07 15 2010 12:24:01 +0000
Industry : Industrial Products/Heavy MachineryFunctional Area : Growth(Strategy & Execution)
Keywords : manufacturing sector indian manufacturing sector chinese manufacturing sector manufacturing base india vs china manufacturing dominance
Activity:  46 views;  last activity : 02 25 2011 11:38:48 +0000

What sets China apart from India and is there more to it than meets the eye when it comes to China's growth figures?  The emerging markets of Asia hold the promise for the world's corporation. India and China are the two key markets in Asia.

But China today leads India significantly. It gets ten times as much foreign direct investment as India does and its economic growth rate is much faster than that of India.

India has been showing a gross domestic product growth of an average of 5 per cent for the last five years. In contrast, China has averaged at least 9 per cent growth. With China threatening now to become a force to reckon with even in information technology services, Indian corporate leaders are examining why China ranks better than India interms of Manufacturing.

So, what are the Top 10 reasons for Chinese manufacturing dominance??
 
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1 2 3 4 5
1 A strong manufacturing base
2 Capital & Advanced Technology
3 The focussed approch to dominate the world and to make them dependant.
4 Their potential to invest in technology and speedy execution of projects
5 To create strong manufacturing base in China the govt. brought in the policy for technology leader have toinvest in China
6 Enobbling set of manufacturing procedures
7 .
8 .
9 Inject Capital & advanced technology
10 A consistent and thoughtful marketing effort
11 Artificial propping of the Yuan
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A strong manufacturing base

idea posted by Isha Verma Sales/BD Manager, Larsen & Toubro

I think this is the reason why China has become the world's manufacturing hub, they have a strong manufacturing base.

The shelves of giant store chains like Wal-Mart are testimony to the fact that msot of the low-cost products today are made in China because it offers the cheapest source of manufacturing.

In electronics and hardware, China is the manufacturing hub for companies like Siemens and Hitachi Global Systems.

China's success in manufacturing has attracted companies from other sectors too. Michelin, the world's biggest car tyre manufacturer, plans to make its Chinese operations its biggest global manufacturing base.

The strong manufacturing base means that China is able to offer employment to a larger section of its population, compared to India which has shown growth predominantly in the services segment.
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by jairaj shyam prasad, Production Manager, BOSCH Ltd  | 07 15 2010 14:45:41 +0000

hello Isha,few things to add.

1. China have an communist Government where corruption is not as much as in India.even corruption is existing Govt.will dealt it very seriously and harshly.

2.knowing that huge population is a bane,they have effective curtailed/controlled it and lot of resources have been utilised very carefully and wisely.

3.initially quantity has gained more importance rather than quality to capture market by setting cheaper prices.

4. there determination to become leaders in the global market.

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Capital & Advanced Technology

idea posted by Nilesh Pawar Legal & Secretarial, Valencia Professional & Management Services LLP

They have advantage in terms of availability of capital and advanced technology
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by Mohammad Bakhsh, Consultant(Civil), Rail Vikas Nigam Limited  | 02 27 2011 04:36:49 +0000

i agree with Nilesh.Both AC and AT are essential.

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by Mohammad Bakhsh, Consultant(Civil), Rail Vikas Nigam Limited  | 02 27 2011 04:36:10 +0000

i agree with Nilesh.Both C and AT are essential.

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The focussed approch to dominate the world and to make them dependant.

idea posted by Giriyappa Mudlapur Sr. Design Engineer, Satyam Computer Services Limited
The focussed approch to dominate the world and to make them dependant is what China targetted from last 30 years. Today the are reaping the seeds that they sowed. where as India has done a large part of the work to support the design and development of software and new products from here only to see that the revenus grown only in the respective worked years. China has the resource pool to come together to create a manufacturing unit of any kind, size as the industry policies are encouraging. I think even now teh time is not too late, if we can make investments in planning to create the manufacturing hub in India which would eventually open the doors to young engineers to come up with new sophisticated products and develop the compitition among the mfr.s to grow at a repid pace in next 12-15 years will be realy beneficial for the country to have the economic strong.
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Their potential to invest in technology and speedy execution of projects

idea posted by sushil kumar singh Engineering Manager, indian railways
Strong decision making, heavy investment on technology upgradation , fast execution to avoid cost overrun / escalation, strong emphasis on cost minimization etc. are some of the factors that establish Chinese dominance in manufacturing sector. Strong support from government exists.
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To create strong manufacturing base in China the govt. brought in the policy for technology leader have toinvest in China

idea posted by ISHAN SHANKAR Vice Chairman EPC Power Division, Gammons India Limited
To create strong manufacturing base in China the govt. brought in the policy that for any technology leader will have to have to invest in manufacturing also. This has developed the capacity in China. Contract labour laws are simpler as only a gauranteed employment on contract is given and a totally new group can be inducted after the period of contract is over or conditions not fullfilled. This is based on the premise that a chinese would get benefitted as he would be replacing the other chinese- so if a chinese is employed for 200 days instead of 365 days the other would also be employed for same period. The satisfaction index in nos would be much higher and the threat of retrenchment due to bad performance will ensure higher performance level and a performer would try to raise the bar. Productivity is very high once on the shop floor the chinese worker is concentrating on work and follow the time discipline for tea lunch break etc partly to above reason ,partly to communism and partly to have learnt hardway and then the pride to become worldclass thus keeping the focus.To beat China we have to have pragmatic policies, higher motivation for productivity and first time right concept. Cosistency in quality,maintain delivery schedule. Come out of Chalta hei attitude. Managers should not look at production targets but at the final targets with the concept Deliver products and services to customer whereever he wants whenever he wants and as he wants or whatever he wants(meet the specifications accepted for the order).
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Enobbling set of manufacturing procedures

idea posted by Mohammad Bakhsh Consultant(Civil), Rail Vikas Nigam Limited

The manufacturing procedures are well set in China,where workers and supervisors are given due credit  they deserve.
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.

idea posted by Nilesh Pawar Legal & Secretarial, Valencia Professional & Management Services LLP

.
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idea posted by Nilesh Pawar Legal & Secretarial, Valencia Professional & Management Services LLP

.
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Inject Capital & advanced technology

idea posted by Nilesh Pawar Legal & Secretarial, Valencia Professional & Management Services LLP
Inject Capital & advanced technology
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A consistent and thoughtful marketing effort

idea posted by Abhijeet Kadian Sales/BD Manager, Bharat Heavy Electricals

China has sold itself on a single point: the size of its market.

"Every businessperson of any size anywhere in the world knows what the number 1.3 billion means: China's big market. How many know the population of India? Chinese leaders discarded their Mao suits immediately and put on coats and ties, talked the language of commerce, organised thousands of delegations, hosted endless conferences and exhibitions, and laboured to convince foreign investors that China was pro-business, stable, and committed to reform and an open-door policy.

In contrast, India's corporate leaders agree that the country's politicians have never sold the country.

Much of the investment flowing into the country today is on the back of India's reputation as a place for skilled people who have proven themselves in the information technology services sector.  So proper marketing will help India achieve this if not I don't see any possibility at all....
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Artificial propping of the Yuan

idea posted by Jaygopal Raghavan Marketing Manager, Landmark Group

For long china has sheltered the yuan from market fluctuations and thus insulated its market from external factors. This coupled with the cheap labour and abundant raw material at reasonable prices have helped the chinese to dominate the manufacturing sector for long.

Plus the other factors like industrial espionage and receipt of technology from friendlier comrade countries like North Korea who themselves steal it from other advanced nations have helped them dominate. And this is bound to continue till the world sits up, takes notice and regulates the chinese activity.

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