Manufacturing Industry in India has gone through various phases of development over the period of time. Since independence in 1947, the Indian manufacturing sector has traveled from the initial phase of building the industrial foundation in 1950’s and early 1960’s, to the license–permit Raj in the period of 1965–1980, to a phase of liberalization of 1990’s, emerging into the current phase of global competitiveness. It has grown at a robust rate over the past ten years and has been one of the best performing manufacturing economy. Manufacturing sector contributes about 15% of India’s GDP and 50% to the country’s exports. The Manufacturing sector employed 58 million people (about 12% of the workforce) in 2008. By 2012, it is estimated, based on current economic projections, that this sector will employ a further 12–13 million out of nearly 89 million additional people who will enter the workforce. Studies have estimated that every job created in manufacturing has a multiplier effect, creating 2–3 jobs in the services sector. In a country like India, where employment generation is one of the key policy issues, this makes this sector a critical sector to achieve inclusiveness in growth.
Key Initiatives / Information
The remarks by the Secretary, DIPP, Mr Saurabh Chandra at the Investment Round Table held in London on 8 February 2013 are detailed.
This column by Mr Chandrajit Banerjee, Director General, CII in the Economic Times 15 January 2013 issue talks about industry's expectations for the year. Industry is hopeful that continued reforms would lift growth in 2013.
This is to inform members that the Department of Commerce, Government of India has decided to grant Green Channel facility providing deemed registration status and waiver of pre-dispatch inspection. It has also been decided to simplify registration process and acceptance of the stores against DGS&D Rate Contract. The detailed guidelines in this regard are contained in Correction Slip No. 36 and 38 respectively both dated 18-12-2012 to DGS&D Manual, which are available on DGS&D website www.dgsnd.gov.in (under heading DGS&D Manual).
The India-ASEAN Car Rally highlights the evolving partnership potential of the two sides. Indian industry must take advantage of the regional FTAs for cooperation in manufacturing, services, and infrastructure. This column by Mr Adi B Godrej, President, CII, appeared in the Times of India on 24 December 2012.
Presentations Of the CII National Conference on Emerging Opportunities for the Capital Goods Industry 26th November 2012, Hotel Lalit, New Delhi.
The bill on land acquisition and resettlement and rehabilitation is welcome. It must enable government to acquire land for development, balance compensation for affected families with costs, and look into land zoning. This column by Mr Adi Godrej, President, CII, appeared in the Economic Times on 27 November 2012.
The Indian capital goods sector, the core of the manufacturing sector, requires attention to technology, SME support, skill development, and import substitution to meet the targets of the National Manufacturing Policy. This article by Mr Chandrajit Banerjee, Director General, CII appeared in The Financial Express on 13 November 2012.
India's economic growth has not been accompanied by increase in organised labour. Contract labour enables workers to be employed and benefits industry in terms of flexibility. However, labour laws must be revisited in India. The article is part of a debate in the Financial Express on contract labour between D L Sachdev, Secretary, All India Trade Union Congress and Chandrajit Banerjee, Director General, CII. This was published in the Financial Express on 27 July, 2012.
The article dwells upon the immediate steps to get growth back include further reduction in interest rates by 100 bps, deregulating oil prices, progress on disinvestment, fast-tracking major infra projects, and encouraging FDI. Tax reforms will also boost growth in the medium term. This article by Mr Chandrajit Banerjee, Director General (CII) was published in The Hindu on 30 April, 2012.
West Bengal, historically at the forefront of India’s industrial growth and social change, enjoys major benefits of outstanding natural and human resources. With a strong industrial base, it can transform into a manufacturing and employment-generating hub of eastern India and emerge as a central player in India’s vibrant growth story, given the right investment climate and proactive policies. This article by Mr Chandrajit Banerjee, Director General (CII) was published in The Times of India, Kolkata on 4 April, 2012.
A leading Fabric / Denim mill in Turkey listed on Istanbul stock exchange is looking for a new owner. It is expecting an enterprise value of 180-200 million USD, but with debt of approximately 40-45 million, the equity value is estimated in the range of 140-150 Million USD.
Given the current economic situation, with the manufacturing sector facing near-stagnation, it would be prudent to maintain status quo in excise duties, says Mr Chandrajit Banerjee, Director General, CII. While the government contemplates an increase – after it cut rates as part of the stimulus package during the global financial crisis of 2008 - several discussions on India’s indirect taxes have concluded that Indian manufacturing suffers because of high taxes. But by framing the debate in terms of an intransigent industry refusing to accept the rollback of the stimulus, we are missing an opportunity for reform of the taxation system.
Opinion piece in Times of India of 2 March 2012 by the Director General, CII. It stresses that fiscal deficit and private corporate investments, growth drivers for the economy, need to be critically addressed in the forthcoming Budget.
Indian manufacturing sector is at a point of inflection and could well spiral
into a few decades of insignificance, consumed by our constraints and moving along far below our true potential, or we could see an aggressive growth phase re-emerging, riding on the structural and policy changes that are happening. Hence the theme of the Summit - “Indian Manufacturing at a Point of Inflection: Challenges and Responses”.
The year has seen committed initiatives by the Government towards economic liberalisation. Key policies such as the National Manufacturing Policy and Strategy for Doubling Exports have been announced. Several bills are undergoing the Parliamentary process. For the coming year, industry hopes for more steps to restore business confidence and investments.
The article appeared in “The Financial Express” dated 31 December 2011.
CII News Update
The “Sahcharya” Quality Circle from Bhilai Steel, Plant, Bhilai was adjudged the winner and was awarded the "Winners Trophy" in 25th Quality Circle National Final Competition 2012-2013 organized by Confederation of Indian Industry at New Delhi today. The first Runner up Trophy'' was won by ''Iventi.....
Confederation of Indian Industry organised an Awareness Session on Jaipur Cluster Programme on 16 April 2013 at Jaipur. The session and visits are precursors of the Jaipur Cluster being planned to be launched. The session was followed by preliminary assessment visits of 15 plants of participant org.....
CII Kashmir Zone organized its Annual Session for the year 2012 – 13 on 13th April 2013 in Srinagar. Mr Asif Burza,Vice Chairman J&K State Council and Director Sentor Inns Pvt Ltd Pvt Ltd. welcomed all the members and guests at the session and presented the activities done by CII Kashmir Zone in .....
“Attracting investments by leveraging sectoral competencies of the Northern Region, with special focus on positive governance, better infrastructure & skill development, are the keys to revive and accelerate economic growth to the desired 8 – 9% levels”, highlighted Mr Jayant Davar, newly elected C.....
The Annual General Meeting and National Conference of Confederation of Indian Industry (CII) will be held on 3rd and 4th April 2013 at New Delhi.
The two-day event would have a galaxy of speakers deliberating on a range of issues that are of importance to India and Indian Industry at the presen.....
Good Governance emerged as a vital link for economic growth, sustainability and social inclusivity. Mr Hooda added that Haryana has done exceedingly well on the 4 key development indicators ie Per Capita Investment, Per Capita Income, Per Capita expenditures and resource mobilization.
CII Himachal Pradesh State Council along with the Department of Industries, Government of Himachal Pradesh organized a Seminar on Total Cost Management on 21 March 2013 at Kala-Amb. Mr Nagesh Babu, a Senior Counselor at CII Total Cost Management Division, Hyderabad was the resource person for this.....
Consulting / Advisory Services
The Tamil Nadu Technology Development Promotion Centre provides several services.
CII has been continually advocating the need for increased attention to quality and productivity by industry. It has been spreading the message of promoting quality and creating the need for Total Quality Management.
Six Sigma approach is being widely used all over the world for reduction in process variation and waste elimination.
Total Productive Maintenance, shortly termed as TPM, is the concept originated and developed by Japan Institute of plant Maintenance (JIPM) Tokyo, since late sixties. JIPM-TPM is the key for the operational excellence for many Japanese companies.
Legal metrological requirements, relevant to the manufacturing sector, as laid down by way of standards under the Weights and Measures Act, 1976 and the Packaged Commodity Rules, 1977 have assumed critical importance in modern production lines.
CII and Export-Import (EXIM) Bank of India jointly established the Award for Business Excellence in 1994 with the aim to enhance the ''Competitiveness of India Inc.'' The Award is based on the EFQM (European Foundation for Quality Management) Model for Excellence.
The key to ensure sustainable Quality up gradation and continuous improvement in an Organization is the willingness of its employees to adapt to changing paradigms.
Increased global competition has forced companies to think aggressively about effective Cost Management. A low cost high quality product has become an object of desire, to gain a competitive edge. It is essential that cost management addresses not just individual activities or cost centres but the e
To gain a competitive edge in today''''''''s marketplace, an organization must embrace new ideas and processes and requires constant improvement. Manufacturing Excellence is an imperative tool that leads an organization to the path of competitiveness. The underlying objective of these initiatives is
Energy efficiency & conservation is a high priority area for industries. Our study & experience show that there is around 10-30% energy saving potential in industries and commercial buildings. The Centre offers consultancy services on energy audits & conducts audit with most accurate estimate of sav
In the light of the importance of SME sector in India, a conscious effort to promote industrial development through cluster approach has been taken up by the CII. Today companies in the SME sector are very keen to become competitive. This means being competitive in the global market. To become an
CII Awards & Recognitions
Quality Control Circles create a conducive and stimulating atmosphere for the workers such that their creativity can be energized and properly canalized. QCC Competition provides a unique opportunity to motivate workers to form Quality Circles within the company and also provides them a forum to exchange ideas and share theirs experiences. It is beneficial for senior managers, supervisors and management personnel.
Kaizen is a system of continuous improvement in quality, technology, processes, company culture, productivity, safety and leadership. In today’s scenario, “Kaizen activity “ is one of the benchmarked tools that not only enhances the growth of any Organisation, but also uplifts the Morale of the employees, setting a good example of “employer - employee relationships”, as it calls for collaboration, commitment & teamwork from top to down.
This award is instituted inorder to motivate workers among member companies to form quality circles within their company and also to provide them a forum to exchange their ideas and share their experiences.
The Leadership and Excellence Award in Environment Health & Safety (EHS) Award was instituted in the year 2002. The aim is to recognize, motivate and facilitate corporates to adopt innovative practices in EHS.
The workskills competition is conducted at the Regional level first, followed by the National Competitions, to encourage workers in the industry by recognising excellence in skill through organised competitions in select trades.
The QC Circle Competition, an annual feature since 1986, is the culmination of the State, Regional and National conventions that take place throughout the year as part of CII’s continuous efforts to strengthen the Quality movement in India.
SIX SIGMA has proven across the world and over the wide spectrum of Industries, the power of changing “Business of Quality” to “Quality of Business” by integrating business and quality strategies.
Confederation of Indian Industry (Southern Region) has launched the Eighth edition of the "Leadership and Excellence Award in Environment Health & Safety (EHS) for the year 2009" in cooperation with SHRIRAM EPC Limited.
The EHS Award was instituted in the year 2002 and it has been grand success every year and has received tremendous response from the industries in the Southern Region.
Every year CII (ER) has an annual award scheme to recognize the excellence of its members in the sphere of productivity during the year. The award is to recognise excellence in Productivity in an organization. The objective of this award is to give recognition to member companies who are making systematic and serious attempts to enhance productivity. The award was instituted in the early 1980s which recognises significant improvements in productivity as well as achievement of a sustained high level of overall productivity. The Award is presented during the Annual Regional Meeting of CII Eastern Region.
CII (ER) has been giving Quality Awards since 1988. The objectives of presenting these Awards are two-fold.
1. Recognizing a CII (ER) member company, which can serve as a model to others in methods & systems, practiced in pursuing the concept of “Total Quality”.
2. Encouraging competition amongst members for bringing about further improvements in these methods and systems for moving towards “Total Quality”.