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 5 of 11.
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.
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)
B.steinsen said:
1 decade ago
In India we have good speaking skills which leads to impress customers and convince them to take interest in the given field. Another reason is, In India we can get employees for BPO's/it's very easily and in very less pay-scale and its only because of unemployment in other different departments its so finally people have to start their earnings from such kind platform.
Manufacturing needs a big amount of investment initially and lots of paper also need to approved by our government. To get all things done we have to give pay bribe on each level this will definitely increase the corruption so its good in bpo/it at least they are private and thus far away from corruption.
Thank you.
Manufacturing needs a big amount of investment initially and lots of paper also need to approved by our government. To get all things done we have to give pay bribe on each level this will definitely increase the corruption so its good in bpo/it at least they are private and thus far away from corruption.
Thank you.
(8)
Jitendra said:
1 decade ago
The reasons behind INDIA'S failure in manufacturing industry:
* I as a student of engineering background much concerned of the CGPA. There is nothing for r&d in my college curriculum. As a student of engineering I study manufacturing and designing of 80's. The syllabus content which is being taught in engineering colleges need to be revised. There should be more focus on technologies (new). Projects should be should be assigned to the students in each sem. So that innovative thinking of the students can be enhanced.
* At least students should try at their basic level to work on innovative ideas. As our president has expressed his concern about the less patents by indians.
* I as a student of engineering background much concerned of the CGPA. There is nothing for r&d in my college curriculum. As a student of engineering I study manufacturing and designing of 80's. The syllabus content which is being taught in engineering colleges need to be revised. There should be more focus on technologies (new). Projects should be should be assigned to the students in each sem. So that innovative thinking of the students can be enhanced.
* At least students should try at their basic level to work on innovative ideas. As our president has expressed his concern about the less patents by indians.
(55)
PRIYANKA said:
1 decade ago
Like many have mentioned India has the talent but not the resources. But a huge part of this talent is taken away by the american companies mostly the it ones. Also the corrupt politics in this country is the major factor affecting our manufacturing industry.
There is an increasing lack of confidence in the foreign as well as local investors because a proposed project takes a lot of time for clearance procedure and many other things which discourages the investors. A recent example of this is the 20 billion steel project is cancelled by lakshmi mittal due to the inordinate delay faced. The government needs to make the business environment favourable for wooing the investors.
There is an increasing lack of confidence in the foreign as well as local investors because a proposed project takes a lot of time for clearance procedure and many other things which discourages the investors. A recent example of this is the 20 billion steel project is cancelled by lakshmi mittal due to the inordinate delay faced. The government needs to make the business environment favourable for wooing the investors.
(26)
SriLaxmi.Mandalapu said:
1 decade ago
India is one of the country in which people are suffering from corruption and all the political leaders are working for their own but not for the people and our country. All the corrupted money has to be taken out and should be used for development of our country and then our country becomes one of richest country in the world. But we the people are encouraging our politicians and therefore we can't change the present status of India.
In India all the resources are available to be developed. So my opinion we can make our country a best manufacturer in IT industry when all the black money is taken out and when all the resources and even people are properly utilized.
In India all the resources are available to be developed. So my opinion we can make our country a best manufacturer in IT industry when all the black money is taken out and when all the resources and even people are properly utilized.
(14)
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)
Harish Kr Singh said:
1 decade ago
It is due to the some reasons as-.
If we want to start an IT/BPO company we hardly needs a small room, 8-10 computers & 10-15 employers which can work for long on a lower amount of pay-scale because we have a huge manpower.
But to start a manufacturing company we need a very large area, very expensive machines & very well trained manpower which needs a very big money investments.
So without the cooperation of the government it is not quite possible to start this industry.
As we can take the examples of IC fabrication labs, and nano-technology. Nano-tech was initiated in India but its developing in USA just because of the money.
If we want to start an IT/BPO company we hardly needs a small room, 8-10 computers & 10-15 employers which can work for long on a lower amount of pay-scale because we have a huge manpower.
But to start a manufacturing company we need a very large area, very expensive machines & very well trained manpower which needs a very big money investments.
So without the cooperation of the government it is not quite possible to start this industry.
As we can take the examples of IC fabrication labs, and nano-technology. Nano-tech was initiated in India but its developing in USA just because of the money.
(115)
Vaibhav Jain said:
1 decade ago
One problem that the manufacturers are presently facing in many sectors is the problem of inverted duty structure.
Under the inverted duty structure, finished goods are taxed at a lower rate than input components. Hence, the higher rate of excise duty on inputs and lower duty on finished goods leads to accumulation of Cenvat Credit which ultimately results as a cost to the manufacturers.
The imported raw material users in a range of manufacturing industry segments are in a spot due to inverted customs duty structure that makes them uncompetitive against cheaper finished product imports and discourages domestic value addition.
Under the inverted duty structure, finished goods are taxed at a lower rate than input components. Hence, the higher rate of excise duty on inputs and lower duty on finished goods leads to accumulation of Cenvat Credit which ultimately results as a cost to the manufacturers.
The imported raw material users in a range of manufacturing industry segments are in a spot due to inverted customs duty structure that makes them uncompetitive against cheaper finished product imports and discourages domestic value addition.
(11)
Harish said:
1 decade ago
The problem is placing a company in a known location is not easy, Because of the Government employees's mind to get some amount to do their alloted work. If the company get started also there is a probability of closing the company is very high. We cannot predict what will happen. However no one is interested in taking risk in this. Thus it can be happen only if the government take the necessary steps to the cover the Industrialist and make interest to the students that there will be a good future in INDIA itself. Our Indian Students are not much more interest in making money only in upgrading their skills in a correct place.
(5)
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