Solicit Suitable Measures [June 2012]

June 25, 2012 6:21 am

India still has a long way to go as far as the manufacturing sector is concerned and certain actions need to be implemented for its improvement – Anil Manduskar, Managing Director, WAM India
Optimistic changeThe manufacturing sector plays a pivotal role in the economy of the country. Speaking about the changes in the positive direction, Anil Manduskar, Managing Director, WAM India said, “It is encouraging to see positive changes in this sector where processes are being changed from manual to semi – automatic or automatic in raw material handling, processing and packaging area. However, the point of major concern is non availability of manpower having job oriented specific skills. Therefore, we from our end always invest our time and efforts in educating and training manpower. It’s high time our education system and policies adopt and introduce specific job oriented courses”.
The Indian manufacturing sector is on the right track in acheiving manufacturing excellence however it still has a long way to go. Mr. Anil Manduskar feels “In India, the sector is yet to get technologically sound. The prudent actions solicited are right kind of laws and economic policies for export, strong patent laws to welcome new technologies, adequate quality and safety standards to create level playing field for all. On the other hand the sector lacks training facilities leading to lack of job oriented skilled labour, negligence on safety standards, lack of power and infrastructure etc. to name a few”.
Expectations from the governmentIn order to strengthen the sector Mr. Manduskar suggests, “Clear roll out plan for GST and elimination of FBT, special benefits to the power sector to curb the shortage in fastest possible way, improved infrastructure, develop / decentralise industrial zones in undeveloped areas with tax holiday options, lucrative benefits for renewable power projects, easing norms for foreign investments and minimised cost of borrowings”.
These actions will for sure act as a stimulus to the industry growth which otherwise lack lustre for last one year or more. Commenting on 100 million jobs in the next 10 years, Mr. Manduskar said, “It looks too optimistic in the present scenario”.
Emphasising on the initiatives further Mr. Manduskar said, “Focus should be on setting up a pan India level uniform labour laws, uniform taxation policy like clarity on roll out of GST is a must. Simultaneously, new training institutes are to be formed to train the available manpower for job specific skills. Develop infrastructure and public transport systems in tier II cities which will not only develop opportunities for business but will also lead to decentralise the industry from metro cities”.
WAM India’s expectationsToday, WAMGROUP manufactures and supplies a comprehensive product range including equipment for bulk material handling, dust filtration, waste water, mixing and vibration technology.Strongly focused on the requirements of the market, the group aims to produce market-oriented solutions and to turn them into a particularly user-friendly standard. High quality and a price-performance ratio make WAMGROUP equipment the ideal choice for every project engineer and gives the customer the best deal available on the market.
Uncompromising dedication to R & D is the foundation of a vast product range and leads time and again to the development of custom-designed equipment from standardised modular components. Further highly rationalised and cost-effective CAD/CAM-supported production methods and logistics have been constantly improved throughout the years and now can be considered as state-of-the-art.
Talking about the performance of WAM India, Mr. Manduskar said, “We expect about 20 – 25 per cent growth every year for our manufacturing activities. As a consequence we have already invested about Rs. 400 million in setting up our new manufacturing facility wherein we intend to localise more and more import substitute components and products. This will not only help us cater to the local market but export it too. May be this will help us increase our exports three fold”.