Manufacturing – a catalyst for India’s radical growth. Convert Bottlenecks into Accelerant:
Manufacturing industries are the chief wealth generating sectors of any economy. These industries adopt various technologies and methods widely known as manufacturing process management. Manufacturing industries are important for an economy as they employ a huge share of the labor force and produce materials required by sectors of strategic importance such as national infrastructure and defense.
The manufacturing industry is expected to continue to grow in the next few years, and in India it has emerged as one of the high growth sectors in India. The “Make in India” initiative has put India in the map as a Manufacturing hub and to create global recognition for Indian economy. In this blog post we shall explore what are areas of focus for a manufacturing business for a profitable business growth.
The Few common bottlenecks faced are:
Forecasting Demand for Products.
Improving Efficiency at Manufacturing Plants
Coping with New Technological Advances