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Economic outlook for manufacturing sector in 2010
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Economy, manufacturing sector
Industry :
Industrial Products/Heavy Machinery
Functional Area : Product Development, Performance Management |
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About "Economic outlook for manufacturing sector in 2010" topic:
The 2009 recession has been replaced by the 2010 recovery but thus far
it is hard to tell one from another. It has been a very dismal two
years for manufacturers across the world. The slumping economy had
manufacturing industry in dire straits. But this year there is
beginning to be reason for optimism for manufacturers in 2010. What are the possible trends that we can see in this sector,
and where the growth can be seen in Manufacturing sector or how
Government can fast track its recovery?
1 trends
, 3 insight
, 4 debates
, 3 idea contests
on topic: "Economic outlook for manufacturing sector in 2010"
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(rate this)
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Yes
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44
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VS |
41
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No
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Nilesh Pawar
| Argues in support of
"No"
| 11 months ago
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No. Once you adopt open market policy then you cant say any one is killing you. It is giving good competition and it will benefit the consumers. We need to live up to competition from any one.
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S. Muralidharan
| Argues in support of
"Yes"
| 1 year ago
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Its a fair play vs. unethical practices. India believes in ethical enterprise, therefore, this state of affairs. We are sure to reap long-term benefits. Chinese believe in under-valuing their currencies and large volume production in catering to...
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VA
| Argues in support of
"No"
| 2 years ago
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Why do you think Chinese companies are getting successful? First of all they are proud to be Chinese. How many Indians are proud of being Indian? Chinese think the entire world is their market; not just China! The Chinese government offers a lot...
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Debate: "Is China killing Indian manufacturing sector?" deleted from your view.
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1
Emergence of an inflationary spiral
2
Power Sector
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Surendhar
| Supported idea
"Power Sector"
| 2 years ago
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Yeah.. its true that the people are intrusted in power sector...
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K. NARAYAN
| Added idea
"India rising !"
| 2 years ago
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I think most of the big steel , aluminium and power projects , which had stalled due to the recession , will take off again. Pharmaceuticals and automobiles will remain upbeat , their recovery having already started. Mr. Kamal , I think you need...
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Makrand Bhave
| Supported idea
"Emergence of an inflationary spiral"
| 2 years ago
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I am not an expert as you all are in this vertical. But from what I have understood, you sound very logical to me Isha. All the other ideas are a resultant of the verticaals demand and supply situation. Thanks for the referral though :)
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Ideate: "Where we can see growth in Manufacturing sector in 2010?" deleted from your view.
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(rate this)
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Yes
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42
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VS |
6
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No
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JAYARAM V
| Argues in support of
"Yes"
| 1 year ago
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indian automobile sector is due for a big boost with increased migration of working class people with high disposbale income with them. But the manufacturing sector should be duly supported with increased infrastructure like roads, and raliways...
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Sampath Kumar Kannan
| Argues in support of
"No"
| 2 years ago
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If, we have to go by the fact that 20km will be developed a day, after a while, then finally we will have nothing in India left but roads and roads and roads to go everywhere, but, not a single place to dwell and cultivate. Road development is...
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Naresh Vemulapalli
| Argues in support of
"Yes"
| 2 years ago
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The automobile sector is expected to grow at a CAGR of 12-15% over next 3-4 years. India will emerge as a small car export hub as automakers rushes to set up factories. The government has said it would build infrastructure and simplify foreign...
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Debate: "Is Indian automobile manufacturing sector due for a boost?" deleted from your view.
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(rate this)
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Yes
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3
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VS |
1
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No
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Rajesh Kamal
| Argues in support of
"Yes"
| 2 years ago
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I agree that we are not improving in such a fast speed as other sectors are doing but that doesn't mean we are not developing. This is just the beginning of the new year and in many sectors we are showing good results as well. Though we are...
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Abhijeet Kadian
| Argues in support of
"No"
| 2 years ago
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I don't think so, sectors like semiconductor usage (a measure of electronic assembly activity) is still declining. The World Semiconductor Trade Statistics group has trimmed its chip shipment outlook. It now is facing a a global semiconductor...
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Debate: "Is 2010 the recovery year for Global manufacturing sector?" deleted from your view.
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1
Introducing a Regulatory Authority.....
2
Innovation Is the key
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Nilesh Pawar
| Added idea
"Inject capital & advanced technology"
| 11 months ago
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Inject capital & advanced technology
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Tapan Kumar Chattopadhyay
| Supported idea
"Technology of suitable standard."
| 1 year ago
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I totally support Shashi Kumar's idea. We have been importing technology and using them at less than 50% efficiency. Indianization of the technology should be the prime focus.That's the reason that I say " GROW YOUR OWN TECHNOLOGY".We need to...
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Santosh Kumar Mohanty
| Supported idea
"Introducing a Regulatory Authority....."
| 2 years ago
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Isupport Isa for introducing a Regulatory Authority for menufacturing sector. If we look at the vast domestic market for use of our products and identify the requirements properly and put our menufacturing Industry in right job with appropriate...
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Ideate: "How to Revive Indian Manufacturing sector?" deleted from your view.
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China has become the second largest industrial manufacturer in the world, says a United Nations Industrial Development Organization report. According to the report 'International Yearbook of Industrial Statistics 2010', two more developing countries - India and Brazil - figure in the list of top 10 industrial manufacturers globally at the ninth and tenth positions. Germany ranks fourth, followed by France, the United Kingdom, Italy and Russia. 'With this development, China unseats Japan and is trailing behind the United States,' UNIDO said.It added that China's share of the global total of manufacturing value (MVA) was at 15.6 percent, slightly higher than Japan, which stands at 15.4 percen...
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Navjeet Sood
| Commented
| 1 year ago
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Thanks Nitin for the referral. Only if FORUMS as this could lead the change of thoughts while policies / regulations / rules are made within the government. With NO dearth of manpower, technology, talent and skills in India, one wonders what is...
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varsha
| Commented
| 1 year ago
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YES,the way India is doing in all arena... we can definitely expect THAT dream OF doc . kalam is going to be true.. ITS nice post thanks for referral Nitin sir..
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RAMANATHA PRABHU N
| Commented
| 1 year ago
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Informative statistics about industrial manufacturing in the world and the rankings amoung world countries. Thank you Mr.Nithin for providing informative staticstics.
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Insight: "Manufacturing Value Analysis (MVA) - Global industrialization scenario" deleted from your view.
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(rate this)
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Yes
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1
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VS |
0
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No
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vijay
| Argues in support of
"Yes"
| 1 year ago
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yes due to our economic and industrial policies,we have grown a lot in last year
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Debate: "Does core sector growth was as expected after economic slowdown" deleted from your view.
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(rate this)
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Many of the Government agencies which are there to help the investors as per the government's stipulated policies generally give lot of impediments and test the patience and temper of the investor. There are umpteen agencies like customs/excise, income tax, certification agencies like ISI, ESI/PF and state agencies like factory inspectors,corporation authorities, Electricity boards , commercial tax people etc give all kinds of trouble in each and every step and demand money. Unless and until you grease the palms of the concerned authorities you will get harassed in each and every step. I have seen and felt this as all the above agencies do this to extract money and discourage your effort...
Insight: "Manufacturing - Problems faced by small entrepreneurs" deleted from your view.
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(rate this)
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The automobile sector is expected to grow at a CAGR of 12-15% over next 3-4 years. India becoming small car export hub as automakers rushes to set up factories. The government has said it would build infrastructure and simplify foreign investment rules to attract at least $35 billion (euro25.4 billion) in new investments in the auto sector through the decade ending 2016. It also plans to lower taxes, especially for companies exporting and manufacturing small cars. This is, obviously, an opportunity as more and more international companies move into India. However, the threats of offshore industry are China, which is likely to emerge as a competitor for India. China has demonstrated its capa...
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Ramesh Ganesan
| Commented
| 2 years ago
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The car density in India is too low any change upwards will boost the growth. Our Tier 2 and Tier 3 cities are exploding and as percapita disposible income goes up there will be a demand push for automobiles esp small cars. Initial cost, fuel...
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satender
| Commented
| 2 years ago
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in next 3-4years in india there are a grow than 12to 15 market going boom
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Insight: "The automobile sector is expected to grow at a CAGR of 12-15% over next 3-4 years." deleted from your view.
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(rate this)
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1
Focusing to eliminate bottlenecks and improving urban infrastructure
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By inducing Competitive advantage
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Om Prakash Yadav
| Added idea
" Supported idea "By synchronizing it with Information Technology""
| 1 year ago
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Today every field has a need of synchronization with IT. As it is the age of Information Technology, Manufacturing will be enhanced with it's implementation. The work will be faster, reliable and quality work.There is a huge scope of "Design &...
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Amit Kumar
| Supported idea
"By inducing Competitive advantage"
| 1 year ago
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Any Sector leave alone Manufacturing can survive in Global arena only if it has competitive advantage over the other players.Be it cost ,be it technology or be it quality.It has to be at the edge.Lean Manufacturing,Standardization...
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Ideate: "How Indian Manufacturing sector should be globalised?" deleted from your view.
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