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1.
2. Group Members
1. Tarun Rohra
2. Himanshu Phatnani
3. Yogesh Prajapati
4. Atharva Nandurdikar
5. Atharva Ponkshe
Mentored by: Prof. Monali Chaudhari
3. Overview:
Introduction
Major Manufacturing Industries in India
Role of Stake Holders In Textile Industries
GMCI Report
Weakness of Indian Manufacturing Sector
Role of stake holders in making India a Global
Manufacturing Hub
4. What is a Manufacturing Hub ?
Definition:
A country which produces goods in acceptable
quality, quantity with efficiency that it becomes global
center of that production activity.
It is with respect to a particular industry.
5. What Makes a country
Manufacturing Hub ?
Conducive policy environment
Encouraging or directly funding investments
in science and technology
Employee Education
Infrastructure Development
Implementing Automation
6. What is a Stake Holder ?
Stakeholders are those who have an interest in what an
Organisation or particular sector of economy is doing
because they will be affected or may influence its
activities.
8. Difference between stake holder
and stock holder
Stock Holder Stake Holder
A stockholder owns part of a
company through stock
ownership.
A stockholder has financial
interest in company.
A stakeholder may or may not
own a part of company.
A stakeholder is interested in
the performance of a company
rather than just stock
appreciation.
9. Major Industries in India
India can be called a Global manufacturing hub for the industries
like:
Textiles
Chemicals
Food Processing
Steel
Mining
Petroleum
10. Role Of Major Industrial Sectors In Indian
Economy
Textile Industry:
Second largest employment generating sector in India.
Employment to over 35 million.
Contributes 4 % to GDP & contributes 35 % of the export
earnings.
Food Processing:
Major food producing country.
Accounts 1.5 per cent of international food trade.
Projected to grow to 37 million, by 2025.
11. Steel Industry:
Recorded a growth of 4 per cent and reached 28.3 million
tonnes.
4th rank all over the world.
Provides employment more than 0.5 million.
Mining Industry:
• Share in India's GDP is 2.5%
• Contributes to 10-11% in industrial sector's GDP.
• Mining sector employs nearly 0.7 million people.
12. Role of stake holders in the Indian
textile industry
13. Government
Government of India has launched a Technology Mission
to improve the productivity, quality reducing the cost of
production
R and D on cotton for genetic improvement of
cotton, resource management for quality cotton production
Training the farmers with effective farming methods
Providing financial assistance to factories for
modernization and acquisition of latest machinery and
equipments.
14. Environment
Largest area under cotton cultivation
Climatic conditions favourable for cultivation
Employment
Textile industry in India is Second largest employment provider
Accounts to 14% of Industrial prod , 5% of GDP , one third of total
exports
Largest net foreign exchange earner.
Consumer
Consumption ratio in IND is 2:1 in favor of cotton , in contrast to 3:4
for rest of world.
15.
16. Weaknesses of Indian
Manufacturing Sector
INFRASTRUCTURE HUMAN RESOURCES
POWER RAILROADS NATIONAL
HIGHWAYS
SHORTAGE OF
HUMAN CAPITAL
HIGH
TURNOVER
INFLEXIBLE
LABOUR
LAWS
17. Comparing with China…
India is famous for their quality driven approach, but
China has quantity driven approach.
India has high costing compare to low costing by
China.
India has more stringent laws than China.
20. Role of other stakeholders in this
Internal stakeholders Role
Employees • Keeping themselves updated about
current requirements of
manufacturing sector
Managers • Guiding employees in regular meetings
• Arranging seminars to keep employees
apprised of current status of
manufacturing sector
• Organizing workshops to update
specific skills
Owners • Maintaining healthy work environment
• Extracting feedback via ‘Open Door
Policy’
• Maintaining harmonious relations with
other organizations and government
21. External Stakeholders Role
Suppliers • Providing ‘just-in-time’ supply
• Ensuring the quality and quantity of
raw material
• Ensuring proper distribution
Society • Paying taxes regularly
• Keeping themselves abreast of current
scenario
• Providing reviews and feedbacks via
social media
Creditors • Understanding the need of the
manufacturing industry
• Keeping interest policies fairly flexible
Shareholders • Active participation in deciding
company’s policies to enhance
company performance
Customers • To give feedback to the company on
their products and performance