Recently Honorable Prime Minister of INDIA called for promoting the Indian manufacturing sector (Make-In-India).
The MSMEs of India would be the cradle for the “Make in India” vision. This would be the nursery where small existing businesses have the potential to become world beaters tomorrow. Indian service enterprises still suffer to become global players observing global levels of standards of services.Government yet not taken proper policies to enable the Service Industry to grow at a standard level and Skill Development Centres which teach these standards in a regulatory framework.
The biggest challenge to manufacturing sector in India, over the years, is lack of R&D. It will not be possible to take it as a manufacturing leader without being a technology leader.
The following are the challenges we can note
1. To create Consumer belief on the Indian Made Products
2. Indian Govt policies to set up or expand the industry ( due to politics)
3. Also R & D plays vital role.. so we should encourage that..
The cheap imports from China is a challenge and hence the Indian industries need cost cutting. High cost of transportation and other logistics is an another problem. Factories of the same company at different states have to deal with different policies and rules. The study shows that majority of the passed out students are not employable. This lack of skilled manpower is also a problem. Lack of political stability in different states is also a problem.
I am attaching four of my publications on manufacturing in India that are accessible through Researchgate
Article Innovations in competitive manufacturing: Lessons for India
Article Investing in continuous improvement
Article Improving productivity through technology--A US perspective
Article Emerging business models and manufacturing strategies for In...
I thank all respected professors and researchers for their valuable answers and recommendations.
From 1978 China has transformed into a manufacturing powerhouse. Years ago, our 12-yr old son, while shopping in Walmart in the USA, remarked "everything here is made in China." It was a bit of an exaggeration, but had a lot of truth to it. Chinese manufacturers come to the minds of new startups in the US, today. When I meet with new startup businesses, the number one place that comes to their mind for sourcing the complete assembled product is China, even if they never sourced a thing from China before--China has become the default source for manufactured goods.
India can learn from China. The learning should NOT be left to some hit or miss method; it has not worked. A highly respected team made of manufacturing professionals-experts/educators/policy makers (without political affiliations) must tour china and create a non-political report for Indian manufacturers to use as a guide for the next two decades as a blueprint; it should include all the essential things that worked for China and how to implement them in India. China was focused. It can be done. We need focus. China also has worked on its infrastructure to improve trade and commerce, which has contributed to its manufacturing.
After the initial image of poor quality and reliability in the US for China's products in the eighties and nineties, China has graduated into a reliable manufacturer of goods that carry some of the best known brand names sold in the USA. China wanted to do this, and has succeeded. India too can. Can she find the focus?
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