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Started by : Abhijeet Kadian, Sales/BD Manager, Bharat Heavy Electricals   03 25 2010 13:18:17 +0000
Industry : Industrial Products/Heavy MachineryFunctional Area : India(Markets)
Activity:  201 views;  last activity : 07 20 2010 15:32:03 +0000

Manufacturing & outsourcing as we know is fast gaining pace in India. India is all set to become the factory of the world. But there are still several obstacles that need to be overcome.


http://nmcc.nic.in/images/industry.jpg

It is not just that there are plenty of obstacles, there are also opportunities galore. So, what are the challenges currently faced by the Indian Manufacturing Industry??

Share your views....

 
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1 2 3 4 5
1 Govt. & Companies Should Wok Together..
2 Technology
3 Education & Technology.
4 Infrastructure
5 Taxation
6 one of challenge is
7 Technological Innovation by setting up Quality Education System
8 Quality Education System
9 Few problems faced by manufacturing sector

Govt. & Companies Should Wok Together..

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

Challenges faced by the Indian manufacturing warrant appropriate responses from both the govt. as well as the industry for improving the competitiveness of the sector. There are a few areas where both the govt. and the industry need to put in efforts through a well-designed Public-Private partnership mode:

(i) The manufacturing sector needs to access the vast market possibilities available at the bottom of the income pyramid in the country.

(ii) The first essentiality for ensuring manufacturing competitiveness is macroeconomic stability.

(iii) Lowering the cost of manufacturing and improving the quality are essential for competitiveness

(iv) The inverted duty structure caused by FTAs as well as in all cases even otherwise needs to be rectified.

(v) Domestic indirect taxes are often singled out as a major reason why Indian manufacturing is uncompetitive.

(vi)Each labour legislation has a separate inspector and visits of inspectors are not synchronized across all labour enactments.

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by Prosenjit Purkait, Apparel/Garment Merchandising Manager, Fabstract Clothing India Pvt. Ltd.  | 03 30 2010 12:14:16 +0000

I completely support your views. The underprivileged can be made a big part of the India growth story by actively engaging their labour, thereby leading to all round industrial growth, especially the manufacturing sector which is labour intensive. Utilising this huge resource of manpower in the most efficient manner is the single biggest challenge in front of the Indian Manufacturing Industry, something that China has done with remarkable results. Infrastructure, or rather the lack of it, poses the next biggest challenge, and only a sincere and concerted effort on the part of the govt. to improve infrastructure in all major and minor manufacturing hubs over a specified period of time, will yield the desired results. 

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by Dharmendra Singh., Sales Executive/Investment Advisor, Reliance Communication  | 03 28 2010 10:51:19 +0000

Yes,I think you are right. but this is not sure argument.

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by K. NARAYAN, None, None  | 03 26 2010 08:32:28 +0000

I think rather than manufacturing accessing the bottom of the income pyramid as a vast untapped market , the aim should be to take manufacturing to this segment , so that their income and thus their purchasing power goes up.

Small-scale industry should be the norm instead of multi-billion enterprises based in the cities.

When 600 million people are still around the poverty line , manufacturing should utilise their muscle power and brain power , instead of looking at their money power.

Government needs to concentrate on improving infrastructure - roads , electricity , water , sanitation , health care and education. Only then can manufacturing flourish.

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Technology

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

Technology increasingly underpins all of our lifestyles. Our homes, our places of work, our hospitals and schools, our towns and cities, and the countryside all bear witness to the impact of new technology on the way we live.

There is no sign that the relentless advance of technologies, often made possible by radical advances in manufacturing and delivery of services, is slowing down, despite the very real concerns about impact on the environment and on the distribution of wealth

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Education & Technology.

idea posted by Vishal Manzarwar Project Engineer, Wintech Taparia Limited

Although condition is favourable for India to become manufacturing Hub, but when we look at th education system we are not at par with our western counterparts, the conditions truns out to be more pitiable when we look at the bulky numbers of institutions. Talking about technology the condition is understood from the fact that we are still dependent on the west for modern and machines.

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Infrastructure

idea posted by RAMESH KANDADAI Principal Consultant, ARM Consultants

for manufacturing to be efficient, infrastructure is the key:

1. Raw material delivery hasa to be predictable - which means good roads and a good transportation system

2. Reliable power as required.

3. Reliable communication links.

4. significantly faster beaurocracy....to clear incoming raw material at ports or airport cargo or at excise posts.

All this and much more is required.

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Taxation

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

The only obstacle being faced by the manufacturing industry is nonuniform taxation.The taxonomy should be reformed.

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one of challenge is

idea posted by GAURAV BANSAL Assistant Professor, DBIEM MOGA

i think in india huge no. of consumers want lesser price with medium quality so our manufactured face challenge from forgein manufactured like china which cover every product specily in electronics market althogh its products have lesser quality but they are cheaper than others so we need to made some measrement across quality as well as cost so than we can overtake them.

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Technological Innovation by setting up Quality Education System

idea posted by Charudatta Rahate Jr Manager, Ispat Inds
At the moment I feel biggest hurdle in becoming leader in manufacturing is the lack of latest technology. We have to depend on outside world for new innovation and technology. It acts as a speed breaker for our growth as have to follow their direction. So first thing is we have to become independent in this section. Only way we can achieve this is by setting up quality education system which currently we don’t have much. At the moment we have point base system we need to change it to learning base system.
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Quality Education System

idea posted by Charudatta Rahate Jr Manager, Ispat Inds

At the moment I feel biggest hurdle in becoming leader in manufacturing is the lack of latest technology. We have to depend on outside world for new innovation and technology. It acts as a speed breaker for our growth as have to follow their direction. So first thing is we have to become independent in this section. Only way we can achieve this is by setting up quality education system which currently we don’t have much. At the moment we have point base system we need to change it to learning base system.

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Few problems faced by manufacturing sector

idea posted by Shashi Kumar U Head Accounts, Geluvu Food Products
India certainly has very bright future as a manufacturing hub. But there are few concerns also one of the major problem faced by all manufacturing units is POWER. There is no enough power to meet the current requirements.In fact power shortage is not only hampering production but also increasing cost and lose of man hour. Secondly lack of proper infrastructure leading to slow moment of men and materials. Thirdly certain rigid tax structure and regulations.Major contributor to manufacturing is the small and medium enterprises. Government has to come out to with a proper scheme that can stimulate the growth of this sector.
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