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 9 of 11.
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.
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)
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?
If there will be no workforce in manufacturing industry then how can you expect the growth of manufacturing industries?
(29)
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.
2). Money is not properly circulated throughout the country and those peoples are interested to invest money in industrial sectors.
(13)
Sumit said:
1 decade ago
Hi. Friends,
I totally in favor of the topic of discussion, but I will not going to blame government Or and body for sports for it. I my point of view our parents are responsible for it they doesn't that a boy or a girl can achieve more success as well as fame in the world by the field of sports. Yes there are lack of opportunity in field of sports for a general person but we have to grape those opportunity with both hand. If we believe we can achieve anything.
I my point of view we all should play at least one sport for physical fitness and also support those who follows it.
If you work hard in academic studies you can improve only your report card.
But,
If you work hard for sport you can improve our country report card in Olympics.
Please do it for your country.
I totally in favor of the topic of discussion, but I will not going to blame government Or and body for sports for it. I my point of view our parents are responsible for it they doesn't that a boy or a girl can achieve more success as well as fame in the world by the field of sports. Yes there are lack of opportunity in field of sports for a general person but we have to grape those opportunity with both hand. If we believe we can achieve anything.
I my point of view we all should play at least one sport for physical fitness and also support those who follows it.
If you work hard in academic studies you can improve only your report card.
But,
If you work hard for sport you can improve our country report card in Olympics.
Please do it for your country.
(21)
Rajesh said:
1 decade ago
India lagging behind in manufacturing sector because of many reasons. It is because of huge capital requirement, leadership, cost of production, heavy machinery, technology. It and BPO's are flourishing because of man power of our country. But in china they have low cost of production.
(5)
Shulin said:
1 decade ago
There are several factors because of which India has not been able to develop into a manufacturing superpower. The major ones are:
1. India, barring a few states, is a power deficient country, there are no proper Power, logistics and transport facilities readily available.
2. We are surplus in labour but rarely the labour is skilled, this can be accounted mainly due to focus on academics and lack of practical knowledge. Managing and upgrading skills is poor and need major overhauling.
3. India has stringent labour laws, workers cannot be employed from so and so states, political backing, labour unions etc.
4. Lack of transparency on processes and clearances. There are no proper demarcations afa processes are concerned at state and central levels. File clearances, bribes to be offered, babus involved etc. One major example is that of POSCO project not getting clearance and the infamous "Jayanti Tax". Kumarmangalam Birla recently announced his reluctance to invest 4000 crores in business due to the lack of support from the government.
5. Lack of investment in R&D and strategic planning. Most of goods finished products have to be imported. Arms, cosmetics, etc.
6. Political interests, land disputes etc. Ex. TATA NANO -Singur case.
7. Mindsets, people in India prefer White colour jobs and do not want to get their hands dirty by having "On the floor jobs".
8. Innumerable Taxes and laws for setting up projects.
9. Finally the monster corruption and scams that fends off global investors.
1. India, barring a few states, is a power deficient country, there are no proper Power, logistics and transport facilities readily available.
2. We are surplus in labour but rarely the labour is skilled, this can be accounted mainly due to focus on academics and lack of practical knowledge. Managing and upgrading skills is poor and need major overhauling.
3. India has stringent labour laws, workers cannot be employed from so and so states, political backing, labour unions etc.
4. Lack of transparency on processes and clearances. There are no proper demarcations afa processes are concerned at state and central levels. File clearances, bribes to be offered, babus involved etc. One major example is that of POSCO project not getting clearance and the infamous "Jayanti Tax". Kumarmangalam Birla recently announced his reluctance to invest 4000 crores in business due to the lack of support from the government.
5. Lack of investment in R&D and strategic planning. Most of goods finished products have to be imported. Arms, cosmetics, etc.
6. Political interests, land disputes etc. Ex. TATA NANO -Singur case.
7. Mindsets, people in India prefer White colour jobs and do not want to get their hands dirty by having "On the floor jobs".
8. Innumerable Taxes and laws for setting up projects.
9. Finally the monster corruption and scams that fends off global investors.
(81)
Terri Lewis said:
1 decade ago
I have been living in India for 1 1/2 yrs, and have asked this question from early on. Having lived in several countries I am curious why India is not stronger in the private sector/industry. I think all the reasons have been listed above.
You certainly have the human population to do so, but outside companies are hampered heavily to bring industry here. This leaves out technology sharing and many other things. These companies who do try to make a go of it here find lots if corruption which hampers future growth immensely.
Lack of infrastructure hampers everyone one too; even simple thing like mail/post keeps industry from growing. Basics: infrastructure, pollution (garbage every where, rivers and lakes filthy) , accountably from government and all, corruption, lack of proper training and the will to change, not opening up the sector to free trade and outside world (always linked to Indian company which name comes first. Why. Tata/Sky, Maruti/Suzuki, come on.) I am not convinced that India wants to change; starts with each of us.
The world wants a better India. Does India?
You certainly have the human population to do so, but outside companies are hampered heavily to bring industry here. This leaves out technology sharing and many other things. These companies who do try to make a go of it here find lots if corruption which hampers future growth immensely.
Lack of infrastructure hampers everyone one too; even simple thing like mail/post keeps industry from growing. Basics: infrastructure, pollution (garbage every where, rivers and lakes filthy) , accountably from government and all, corruption, lack of proper training and the will to change, not opening up the sector to free trade and outside world (always linked to Indian company which name comes first. Why. Tata/Sky, Maruti/Suzuki, come on.) I am not convinced that India wants to change; starts with each of us.
The world wants a better India. Does India?
(43)
Kaustubh Shinde said:
1 decade ago
Main factor in China's success is its investment in health and education that provided fuel to its explosive growth. India has under-invested in these key areas and hence its economic growth is poorly supported by quality human capital.
Manufacturing stands on keystone of proper coordination between workforce and the technological development.
Technology wise we always outsource the sharp brains, so we are surely lagging in that sector.
Talking about the workforce, if the workforce is unsatisfied or under satisfied, even then the productivity or efficiency decreases.
So according to my view, Government should start by investing into welfare of workforce and also from our side as citizens, we need to look at the problem of overpopulation, illiteracy and malnourished, which indirectly affect the manufacturing sector of India which is actually one of the backbones of our country.
Manufacturing stands on keystone of proper coordination between workforce and the technological development.
Technology wise we always outsource the sharp brains, so we are surely lagging in that sector.
Talking about the workforce, if the workforce is unsatisfied or under satisfied, even then the productivity or efficiency decreases.
So according to my view, Government should start by investing into welfare of workforce and also from our side as citizens, we need to look at the problem of overpopulation, illiteracy and malnourished, which indirectly affect the manufacturing sector of India which is actually one of the backbones of our country.
(18)
Jattitude said:
1 decade ago
BPO and IT industry are need much small space or area of operation so these industries are always in the metropolitan cities where skilled manpower as well other basic facilities are easily available while manufacturing companies are always at a distant from these cities so they always face difficulty in their operation.
Manufacturing companies are also face problem of local factor as tax system of different state. Sometimes they didn't get clearance from state government or center government On issue as environment but service sector have not such kind of issues.
Manufacturing companies are also face problem of local factor as tax system of different state. Sometimes they didn't get clearance from state government or center government On issue as environment but service sector have not such kind of issues.
(5)
Shreya410 said:
1 decade ago
India must emerge as the best destination for manufacturing in the world.
India's manpower is attracted towards the handsome payments made in foreign countries due ti which India's shilled manpower is going out of the country and helping BPO develop rather than country's own manufacturing sector.
India's manpower is attracted towards the handsome payments made in foreign countries due ti which India's shilled manpower is going out of the country and helping BPO develop rather than country's own manufacturing sector.
(7)
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