Your SlideShare is downloading. ×
Employment outlook for manufacturing and mining industry
Upcoming SlideShare
Loading in...5
×

Thanks for flagging this SlideShare!

Oops! An error has occurred.

×
Saving this for later? Get the SlideShare app to save on your phone or tablet. Read anywhere, anytime – even offline.
Text the download link to your phone
Standard text messaging rates apply

Employment outlook for manufacturing and mining industry

546
views

Published on

Contents of my address as "Guest of Honour" at Launch of DY Patil "Centre of Excellence" Pune

Contents of my address as "Guest of Honour" at Launch of DY Patil "Centre of Excellence" Pune

Published in: Business

0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total Views
546
On Slideshare
0
From Embeds
0
Number of Embeds
1
Actions
Shares
0
Downloads
5
Comments
0
Likes
0
Embeds 0
No embeds

Report content
Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
No notes for slide

Transcript

  • 1. Employment Outlook for Mining and Manufacturing Industry --Vipul Saxena
  • 2. INDIA’S FUNDAMENTALS FOR ECONOMY AND CURRENT ECONOMIC SCENARIO  India is rich of natural resources especially in Iron Ore, Bauxite, Copper, Coal and Thorium which assures the projected industrial growth  India had 7-9% growth in past 15 yrs due to strong fundamentals irrespective of Cong /BJP rule.  Current Economic crisis of approx 5.0% growth in Q1, out of which 2.6% was from IIP and 4.8% Fiscal Deficit. Current Account Deficit too is huge due various major policy decisions on hold, which virtually neutralises growth achieved and Forex reserve don’t grow.
  • 3. INDIA’S FUNDAMENTALS FOR ECONOMY AND CURRENT ECONOMIC SCENARIO ..1  Whether Cong or BJP at the helm, Year 2014 will certainly force ruling Govt to bring reforms i.e Land Acquisition Bill etc expected by Industry which will resume momentum to industrial growth.  Once Govt releases Coal blocks, over all Manufacturing and Power sector will get boost.  India has 30% Thorium reserves of the World while barely 2% Uranium Reserve.  Concentration of Thorium in sample of same weight of Uranium is double & more. Hence, it releases much higher nuclear energy than Uranium.  Currently we depend on import of Uranium while once we have Thorium based Reactors we will not only be Power Independent but our Forex reserves also will improve.
  • 4. OUTLOOK OF INDIAN MANUFACTURING SECTOR  India's manufacturing sector has the potential to create up to 90 million jobs by 2025. Today, the sector generates about 45 million jobs, 80 per cent of which are in the unorganised segment.  Manufacturing sector recorded a year-on-year (y-o-y) growth at approx 2.6 per cent in Q1.  The economic survey indicates that exports orders came in April 2013 at a faster pace.
  • 5. INVESTMENT HIGH LIGHTS OF MANUFACTURING SECTOR IN INDIA  Birla Plans to invest US$ 1 bn in Chemical Plant in India of American MNC  Cadbury India to invest INR 1000 Cr in Plant in AP  Tenneco Opens Chrome Plating facility  Govt to fund start ups in Electronics spaces  Electrotherm launches advanced induction furnace unit  Assam petrochemicals to invest INR 1028 Cr in Methanol and Acetic Acid Plant in Assam  Italian Tractor major to invest INR 1100 Cr in India  Isuzu to invest INR 1000 Cr in Unit to assemble SUV, Truck in India
  • 6. INVESTMENT HIGH LIGHTS OF MANUFACTURING SECTOR IN INDIA ….1  Bosch Rexroth, manufacturer of hydraulic components and systems has commenced operations at its new plant in Sanand with an investment of Rs 280 crore (US$ 49.07 million).  Japanese electronics goods major Panasonic Corporation has decided to invest Rs 1,500 crore (US$ 262.89 million) in India over 2013- 16.  Panasonic aims to increase the contribution of local manufacturing to as much as 60 per cent of overall sales from the current 46 per cent.
  • 7. INVESTMENT HIGH LIGHTS OF MANUFACTURING SECTOR IN INDIA …2  The Netherlands-based coordinated design bathroom company Coram International, is set to commence operations in India from July 2013. The company plans to set up a manufacturing facility for its flagship products in India as it foresees a good potential.  Helical Auto Technology India Pvt Ltd, a subsidiary of the UK-based Helical Technology Ltd, has recently established a modern manufacturing unit in Pune at an investment of around Rs 16 crore (US$ 2.80 million). The new plant would have an annual installed capacity of four million units.
  • 8. INVESTMENT HIGH LIGHTS OF STEEL MANUFACTURING IN INDIA  Tata Steel to launch 30 new products in Europe by 2017  Nation’s largest blast furnace of SAIL goes on stream  Tata Steel wins order to supply rails to link Mecca- Medina  Arcelor Mittal gets 2000 acres to set up huge capacity integrated steel plant in Bellary  Electrotherm launches advanced induction furnace unit in Gujrat  RINL –MECL to jointly commence exploration of Iron Ore and Coal
  • 9. INVESTMENT HIGH LIGHTS OF CEMENT MANUFACTURING SECTOR IN INDIA  Barring Pvt Ltd to take 14 % stake in indian Unit of Lafarge  Chinese Cement Equip maker buys stake in Chennai based LNV Technologies  Dalmia Cement to invest INR 1800 Cr in Karnataka  Ambuja Cements to invest INR 2000 Cr in Rajasthan & North India  India Cement to invest INR 750 Cr in TN Unit  Reliance Cement Company Pvt Ltd (RCC), Nagpur, commenced production of cement
  • 10. 20 BUSINESS RISKS IN MANUFACTURING & MINING SECTOR
  • 11. 20 FUTURE BUSINESS RISK IN MANUFACTURING & MINING SECTOR..1
  • 12. FUTURE PICTURE  India is set to become the second largest economy in manufacturing by 2017, followed by Brazil as the third ranked country.  Manufacturing exports from India could increase from US 40 billion in 2002 to about US$ 300 billion in 2015. Such an expansion would make India grab a share of approximately 3.5 per cent in the world manufacturing trade.  Future Metals which would dominate the world market would be Aluminium and Copper  Thorium will be future Source of Energy
  • 13. GOVERNMENT INITIATIVES TO BOOST MANUFACTURING SECTOR  The Indian Government has set a target to bring in investments of about US$ 100 billion in the electronic equipment manufacturing industry by 2020, through its ‘National Policy on Electronics 2012’.  The Government to provide up to Rs 10,000 Crore (US$ 1.75 billion) as Tax Holidays to the industry between 2012 and 2017 for promoting the production of electronics products and components  Andhra Pradesh will soon get its third National Investment Manufacturing Zone (NIMZ) in Prakasam district.
  • 14. HUMAN RESOURCE NEEDS FOR INDUSTRY  Techno Commercial man power  Multi Skilled man power  Employees who have focus on cost effective operations and have exposure in Best Practices e.g TPM, Lean Manufacturing, Six Sigma, Kanban etc
  • 15. FUTURE PICTURE  India is set to become the second largest economy in manufacturing by 2017, followed by Brazil as the third ranked country.  Manufacturing exports from India could increase from US 40 billion in 2002 to about US$ 300 billion in 2015. Such an expansion would make India grab a share of approximately 3.5 per cent in the world manufacturing trade.  Future Metals which would dominate the world market would be Aluminium and Copper  Thorium will be future Source of Energy

×