Post on 07-Nov-2014
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SECTORAL ANALYSIS
MANFACTURING
Introduction Leading names in manufacturing sector Different sectors Contribution of manufacturing sector to
India's GDP Sector and state wise contribution Current scenario Government initiative Challenges, expectation, potential Larsen and toubro
“Manufacturing ”is the term used to refer to the process of using tools, machines and labour to produce goods that are either for use or for sale.
Manufacturing sector is:
Agglomeration of industries engaged in chemical, mechanical, or physical transformation of materials, substances, components into consumer or industrial goods.
The manufacturing industry contributes 16 percent to India’s GDP.
sector 2007-08
2008-09 2009-2010
2010-2011
2011-2012
agriculture 5.8 0.1 1.0 7.0 2.8
industry 9.7 4.4 8.4 7.2 3.4
Manufacturing
10.3 4.3 9.7 7.6 2.5
service 10.3 10.0 10.5 9.3 8.9
Source: central statistics office (cso)
Basic goods Capital goods
Intermediate goods
Consumer goods
ElectricityCoal
FertilizersCement
Steel casting
Commercial vehiclesElectric motorsWagonsHeavy
locomotives
Giant tyresPetroleum
BoltsPaintsJute
Plywood
PaperSugarWheatSoapPhoneTea
AUTO INDUSTRY CHEMICALS ELECTRONICS ENGINEERING FOOD PROCESSING GEMS AND JEWELLERS LEATHER MACHINE TOOLS TEXTILES WATER MINING
Source: central statistics office (cso)
Spectacular growth after slowdown in 90’s.
At present 9th largest manufacturing nation.
More diversification & better availability of skilled man power.
Significant player in aerospace industry undergoing transformation.
Generates about 45 million jobs, 80% of which are unorganized segment.
Potential to create up to 90 million jobs by 2025.
Source: central statistics office (cso)
National manufacturing competitiveness council (NMCC).
Set up in September 2004.
Inter disciplinary & autonomous body at highest level.
Sustain growth of manufacturing industries.
Suggest ways & means for enhancing sub sectors having potential of global competitiveness.
Manufacturing sector requires urgent attention both at macro and micro levels
Enhancing the skills of the workersUp gradation of technologyHigh cost of production, qualityExpensive financingLagging in research and developmentLow labor productivityPoor infrastructureRaw material cost
Increase in rate of job creation. Focus on level of domestic value
addition. Enhance the global competitiveness
through appropriate policy support. Ensure sustainability of growth. Increase in manufacturing sector growth
to 2-4% more than GDP growth for the economy and increase share to 25% of overall GDP by 2025.
Improving the urban infrastructure. Quality improvement In vocational and
higher education. Increase investments in research and
development
Only manufacturing sector has the capacity to absorb large labor pool of the country-(CISCO).
Manufacturing sector has great potential to employ people and increase the income levels-(FICCI).
India placed 2nd in the Deloitte Manufacturing Competitive Report.
India has beaten Brazil in the production of motor vehicles which is good sign for countries growth in value added manufacturing.
Type Public
Industry Conglomerate
Founded Bombay Presidency, British India (1938)
Founder(s) Henning Holck LarsenSøren Kristian Toubro
Headquarters
L&T House, Ballard Estate,Mumbai, Mahārāshtra, India
Area served India, Middle East, East Asia and Southeast Asia
Key people K. Venkataramanan (CEO & MD)A. M. Naik (Executive Chairman)
ProductsConstruction
Heavy equipment
Electrical equipment
Power
Shipbuilding
Financial services
IT Services
Revenue US$ 13.6 Billion (2013)
It's all about Imagineering
BSEMar 21,1216.55-3.70 (-0.30%)
NSEMar 21,1216.60-2.45 (-0.20%)
L & T cassidian limited is joint venture between L & T and EADS Deutschland. Both partners contribute their technology and
expertise in Radar, Avionics, Electronic warfare Mobile system segments.
Other Ventures
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