Why can't India be a World-Class Player in Manufacturing Industry as it is in IT & BPO Sectors?

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103 comments Page 3 of 11.

Velmurugan said:   1 decade ago
1). Most of the money in India is blocked as black money by tax evaders.

2). Money is not properly circulated throughout the country and those peoples are interested to invest money in industrial sectors.
(13)

Megha said:   1 decade ago
According to me, manufacturing industry is not undergoing progress because, most of the people are willing to be a part of IT sectors. Lack of comfort forces them to move towards IT sectors.

If there will be no workforce in manufacturing industry then how can you expect the growth of manufacturing industries?
(29)

Ananth said:   1 decade ago
There are lot of issues with the manufacturing sector and if we overcome these issues, definitely we can grow in this field. The issues are.

1. Lack of funding in manufacturing industries and lack of support from government.

2. We are importing lot of materials from other countries rather than exporting which is a major problem and there comes a day where we need to import our lord Ganesha idol from other countries as this is the statement which is said by the head of kotak mahindra group which is so true.

3. Our education system lacks practical knowledge and we are more concerned with the percentage rather than knowledge and our education system should provide good industrial exposures to students and industrial training and internships to be included in the curriculum.

4. If an Engineer has to do higher education, he need to clear GATE which is a tougher exam comparatively in-order to go to quality institutions where the seats and the opportunities are less, whereas I have seen so many friends where they would be more willing to do GRE courses and do higher education in abroad where they get many more opportunities. So we need to set-up good quality institutions in India so that the percentage of students going to abroad would come down.

5. If you end up working in a small or medium scale industry then you would know the difficulties you have to face being a mechanical engineer as you have to work for low wages and your work will be more as their would be less departments in a small scale industries. So, fresh graduates get attracted to work in MNC companies (mainly IT sector) due to their benefits compared to our manufacturing sector.

These are the issues but this can be overcome by giving more encouragement to small scale and medium scale industries by reducing taxes and by giving good equal opportunities to Engineers of their corresponding fields.
(51)

Varma said:   1 decade ago
Problems in manufacturing sector.

1. Lack of infrastructure - like power, transport, other things.

2. Lack of incentives to small scale industries - to upgrade. If most case if a small scale industry upgraded to medium one, then probably it will lose all their benefits from the government. That discourage the small scale industries to upgrade.

3. Lack of skilled manpower.

4. Lack of investment in RD.

5. Obsolete machines and technology - lessen the competitive.

6. Not a strong government policies, so disparities among states - the developed state grab the opportunities.

7. Reserving most of the production to small scale industries.

8. Very strict labor laws - you can't dismiss an unfit employee once they become permanent employee.

Need:

- Creating good infrastructure.
- Strong government policies.
- Investment in RD.
- Supporting medium scale industries.
- Providing tax incentives other sops.
(46)

Prasenjit pain said:   1 decade ago
In my opinion, ok, I agree with that India is a largest population country and using that manpower we can establish a great manufacturing country. But I have a question to my friends that if a same product (made by china or japan) sell in our market at cheap than our product.

Then what do you do? save your money or save your country? so, at first we have to encourage to many foreign countries to built a factory and produce any product by using their technologies and our manpower, mines etc. As a result the GDP of our country may be increased. We have to try to concentrate on more export our product than import their things.
(17)

Ravi Pratap Singh said:   1 decade ago
India can be good in manufacturing, we have a lot of factories. The problem is that we make very low grade stuff like cutleries, boxes etc.

Large organization do like TATA, Mahindra, Bajaj do make car, bikes in India but their technology is outsourced and even the R&D is outsourced. We heavily rely on outside R&D and technology. In case of IT we do R&D.

One of the reason being government not support R&D in manufacturing and many sector like aviation and defence goods are procured from outside.

Infact no Indian company has right to make defence goods and Aviation machines like chopper, planes. No kidding, if you have the tech and money to make a helicopter you can't do it in India law doesn't allows you. What reason our Government Exactly has for doing so, to show the world We are a peaceful country.
(15)

Madala ajay kumar said:   1 decade ago
India has very very less power generation. Many power plants in India are operating under less efficiency.

For manufacturing sector we need large amount of electricity.

Many micro and medium enterprises in India are running under loss due to lack of interrupted power supply.

Government of India encouraging only big entrepreneurs because they provide employment to large number of persons.

Government provides land at less cost like 10000 per acre for big enterprises.

"small company yesterday becomes medium company today becomes larger tomorrow".

If the government provide land and water resources to talented people without considering any reservations then manufacturing sector in India increases.
(55)

J v sandeep said:   1 decade ago
Hello good evening my dear friends,

From the topic stated above I would like to express my opinion over this issue.

I think that we do not lead in manufacturing industry when compared to that of it sectors because, R&D sectors need more investment when compared to that ti it sectors and India is lacking in providing the investment to industrial sector through which they lack in required equipments which need to be facilitated to improve our manufacturing industries. So, I think even India has sufficient amount of manpower it was quite lagging in the required investment which is needed to improve our manufacturing sector.

And it also needs to encourage the people to occupy manufacturing sector instead it sector. Because many people show interest on it sector when compared to industrial sector as to earn money within no time.

So, I finally conclude that investment in the manufacturing sector must be increased and the manpower must be completely utilized which gradually increases industrial sector and makes India reach its colorful dreams.
(31)

Raj said:   1 decade ago
The major inclination of workforce in India is towards IT / ITES because of jobs being "white collar". Couple of years back MBA had a boom and everyone turned towards its. It is happening over and over again. Job dignity and equality has huge differences among sectors. "Undo and Redo" is much more easier in those (IT/ITES) environment, whereas a lot is riding on a tangible product. Academics need to collaborate with industries providing counselling for effective implementation of the technology and decision making, which is concurrently helpful to one another. MSME assistance need to be considered as potential career instead of only relying on organized industries.
(5)

Mangesh said:   1 decade ago
What I feel is, in India, our Females can easily contribute to the IT and BPO sector but its not the case in manufacturing industry. What we found in manufacturing industry is all male workers and very less female workers (but now its not the case, day by day the percentage of female workers is also increasing in manufacturing industry. ). Suppose there is 50-50% male and females in India and because of Indian tradition and culture, our females are still living in the house still they all are not able to come out of house. If our culture allows them to come out and do work. Then surely this country will also be a World-Class Player in manufacturing Industry.
(6)


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