Indian Manufacturing Sector

The Technology & Economic Forum is a venue to discuss issues pertaining to Technological and Economic developments in India. We request members to kindly stay within the mandate of this forum and keep their exchanges of views, on a civilised level, however vehemently any disagreement may be felt. All feedback regarding forum usage may be sent to the moderators using the Feedback Form or by clicking the Report Post Icon in any objectionable post for proper action. Please note that the views expressed by the Members and Moderators on these discussion boards are that of the individuals only and do not reflect the official policy or view of the Bharat-Rakshak.com Website. Copyright Violation is strictly prohibited and may result in revocation of your posting rights - please read the FAQ for full details. Users must also abide by the Forum Guidelines at all times.
Post Reply
Gerard
Forum Moderator
Posts: 8012
Joined: 15 Nov 1999 12:31

Re: Indian Manufacturing Sector

Post by Gerard »

sanjaykumar
BRF Oldie
Posts: 6095
Joined: 16 Oct 2005 05:51

Re: Indian Manufacturing Sector

Post by sanjaykumar »

http://afp.google.com/article/ALeqM5jgB ... rKn6HvwYFg
India probing radioactive lift button exports

:roll:
Nesoj
BRFite
Posts: 137
Joined: 02 Aug 2006 18:44

Re: Indian Manufacturing Sector

Post by Nesoj »

http://www.spiegel.de/international/wor ... 40,00.html
Finds of Radioactive Steel on the Rise in Germany

German authorities in recent months have found a disturbingly large amount of radioactive steel in factories across the country. Much of the contaminated metal is thought to have originated in India.
Strange :-?
Raghav K
BRFite
Posts: 176
Joined: 01 Dec 2008 05:15

Re: Indian Manufacturing Sector

Post by Raghav K »

Nesoj wrote:http://www.spiegel.de/international/wor ... 40,00.html
Finds of Radioactive Steel on the Rise in Germany

German authorities in recent months have found a disturbingly large amount of radioactive steel in factories across the country. Much of the contaminated metal is thought to have originated in India.
Strange :-?
Bad Karma.
SaraLax
BRFite
Posts: 528
Joined: 01 Nov 2005 21:15
Location: redemption land

Re: Indian Manufacturing Sector

Post by SaraLax »

Nesoj wrote:http://www.spiegel.de/international/wor ... 40,00.html
Finds of Radioactive Steel on the Rise in Germany

German authorities in recent months have found a disturbingly large amount of radioactive steel in factories across the country. Much of the contaminated metal is thought to have originated in India.
Strange :-?
Seems like a case of lax or complete lack of screening the imported scrap steel/materials from foreign countries. I remember the case of rejected missiles in a consignment of imported scrap, a couple of years before. There were live but discarded bomb shells that came in the scrap imported by Bhushan steels which was neither detected at any point of entry into the country nor the company and they just exploded causing fatalities to the people working on them.

Read more about that here Perils of India's scrap metal

This Radioactive steel issue from India has happened in the recent past... Some of the Indian companies supplying the parts are sourcing their steel from local vendors who in turn are sourcing steel scrap & etc from around the world and recycling them to produce good steel and supplying them with in India. The Indian Atomic agency has probed all this and reported back to the French queries...

So with just little effort - anybody can smuggle missiles, bombs and so on into India through this way ?

More info at below link....
Indian company supplies radioactive elevator buttons to Otis in France
....... ASN ( France's Nuclear Safety Authority ) found that the contaminated material, which had arrived in August and was used by Otis Elevator Co, contained faint traces of cobalt 60, a radioactive form of the metal cobalt in its elevator buttons.

The radiation had exposed 20 of the 30 workers at Mafelec, which had supplied the buttons to Otis, to a dose of between 1 and 3 millisieverts, an incident which is marked at level 2 on a scale of 7 on the International Nuclear Event Scale, due to the exposure of more than 10 people to doses exceeding the legal safe limits.

Investigations conducted by the Indian Atomic Energy Regulatory Board at the request of the French embassy, had named Bunts, Laxmi, SKM Steels, Vipras Castings, and Pradeep Metals as suppliers of products contaminated with cobalt 60 to many countries.

The investigation found out that Bunts and Laxmi Electronics, who had sold the buttons to Mafelec, had sourced the steel from SKM Steels, which in turn had obtained the raw material containing radioactive material from a foundry called Vipras Casting, which has its factory in Khopoli, the outskirts of Mumbai.

Vipras Casting recycles scrap, purchased from dealers who import steel scraps from Europe and the US and sells it to various steel companies in India.

As it had sold 10 tonnes of steel to SKM Steels, which was used it to manufacture the elevator buttons, it was unable to tell at the moment where this lot of scarp came from.


The 20 workers at Malafec who were exposed to radioactive radiation have not reported any sickness but have been hospitalised for tests.

Mafelec Gilles Heinrich, the chief executive of Mafelec underplayed the incident, saying there was nothing toxic and there was no need to panic and added that many companies do receive such parts but do not detect them.

The French arm of the US elevator maker Otis said that it would replace all buttons in 500-600 elevators repaired between August and October throughout the country.

The Atomic Energy Regulatory Board and labour ministry is now trying to identify Indian workers who could have been exposed to the radioactive material right from the source of the raw material to the finished product.

In India, factories that handle imported steel scraps are not required to install radiation detectors to check scrap, but the government has a programme to put radiation monitors at ports to check cargo. Vipras, shaken by the incident, has installed radiation monitors to check radioactive emission on the steel scraps that enter its premises.

Experts believe that the cobalt 60 could have come from different countries, which supply scrap metal to Indian firms for recycling.

These included parts from decommissioned nuclear reactors, hospital radiation equipment, foreign ships sent to Indian ports for dismantling or the hulls of foreign nuclear submarines.

One commentator said that some western countries have been dumping their toxic wastes in India, with the Indian government having turned a blind eye. This time, the material has gone back to the western country.


India does not have strict enforcement to check radioactive hazardous waste from entering the scrap market and also lacks facilities for the decontamination of scrap.

Recycled steel was in great demand till a few months back as steel prices rose in the international market. The Indian steel scrap recycling business is estimated $50 million and Indian recycled steel is in great demand in the West following the steep rise in international prices.

The ship-breaking industry in India is another source of radioactive contamination entering the country. Alang in Gujarat, the second biggest such yard in the world, regularly dismantles hundreds of ships with more than 30 ships in the range of 3,000 to 15,000 tonnes having arrived at Alang for dismantling in the past two months.
Google cache link to Vipras Casting. Their mother concern is a public listed company but had been suspended from listing & trading at BSE since last December for certain 'procedural non-compliance' issues.
Gerard
Forum Moderator
Posts: 8012
Joined: 15 Nov 1999 12:31

Re: Indian Manufacturing Sector

Post by Gerard »

Areva to Start Operations at 8 New Factories in India
Areva has invested nearly 9.5 billion rupees ($188.1 million) to build the plants for producing transformers and other power equipment. Four of the plants began operations earlier in the day at Baroda, in the western state of Gujarat. The remainder are in the southern states of Karnataka and Tamil Nadu.
Raj
BRFite
Posts: 328
Joined: 16 May 1999 11:31

Re: Indian Manufacturing Sector

Post by Raj »

CII seeks private funding in agri
Newly-appointed CII president, Venu Srinivasan, today met West Bengal chief minister, Buddhadeb Bhattacharjee, to discuss issues relating to contract farming.

We are keen to work with West Bengal to promote its image among other states and also bring back the manufacturing industry in the state. We will also advice the chief minister to allow private sector investments in agriculture,” Srinivasan said addressing the press here.
Gerard
Forum Moderator
Posts: 8012
Joined: 15 Nov 1999 12:31

Re: Indian Manufacturing Sector

Post by Gerard »

India among world’s top 12 manufacturers
The share of MVA in India’s GDP stands at around 15% at present. India ranks among the top 12 producers of MVA across the globe. It ranks 4th in textiles, after China, USA, and Italy. It is ranked 5th in electrical machinery and apparatus. It holds the 6th position in the basis metals category and is 7th in chemicals and chemical products; 10th in leather, leather products, refined petroleum products and nuclear fuel; twelfth in machinery and equipment and motor vehicles.
Gerard
Forum Moderator
Posts: 8012
Joined: 15 Nov 1999 12:31

Re: Indian Manufacturing Sector

Post by Gerard »

Nitesh
BRFite
Posts: 903
Joined: 23 Mar 2008 22:22
Location: Bangalore
Contact:

Re: Indian Manufacturing Sector

Post by Nitesh »

svinayak
BRF Oldie
Posts: 14223
Joined: 09 Feb 1999 12:31

Re: Indian Manufacturing Sector

Post by svinayak »

Where is the Indian fab.
Indian govt has to do similar thing
arun
BRF Oldie
Posts: 10248
Joined: 28 Nov 2002 12:31

Re: Indian Manufacturing Sector

Post by arun »

Manufacturing sector looking good. June growth revised upward as well:
With 6.8% rise, July IIP backs up revival

12 Sep 2009, 0135 hrs IST, ET Bureau

NEW DELHI: Industrial output as measured by the index of industrial production (IIP) clocked an annual growth rate of 6.8% in July, making it the

second consecutive month of buoyant industrial growth after a weak show that started last October, data released by the Central Statistical Organisation on Friday showed. The provisional IIP figure of 7.8% for June was revised upwards to 8.2%. ...................

ET
Vipul
BRF Oldie
Posts: 3727
Joined: 15 Jan 2005 03:30

Re: Indian Manufacturing Sector

Post by Vipul »

Jai Ho! India says hello to world.

MUMBAI: Buy a Nokia phone in Cape Town or a Samsung handset in Colombo—they may well carry a ‘Made in India’ tag. The fastest-growing mobile market Facts on mobile connections is also one of the largest exporters of mobile handsets.

The country’s not just a small car hub, handset manufacturers such as Nokia, Samsung, LG, Sony Ericsson and Motorola are shipping 60 million mobiles each year from the country to more than 60 countries mostly in Africa, South-East Asia, Middle East and South Asia.

“India has a conducive business environment and skilled manpower; it is a poised to become telecoms manufacturing hub of the world,” says Sachin Saxena, Nokia India’s director for its factory at Sriperumbudur, Chennai, the largest firm’s biggest facility.

India, which accounts for one in every 10 handsets made in the world, now plans to more than double its production from 120 million devices in 2009 to 250 million units by 2012.

Out of this, 100 million will be exported, according to Pankaj Mohindroo, national president of handset maker’s industry body Indian Cellular Association (ICA). “We have set up manufacturing advisory committee to provide guidelines for strengthening exports in consultation with the Telecom Products & Services Export Promotion Council,” he says.

While the target may look ambitious, that’s because the growth has been phenomenal so far.

Nokia’s Chennai factory, which started operations in January 2006 with 550 employees, today employs more than 8,000 people and crossed cumulative production of 250 million units in April. Nokia ships its devices from India to more than 50 countries. Samsung’s handset factory at Noida near Delhi is rolling out a million units everyday with one in every ten units being exported. “The trends we see in India are very much in sync with what we see in overseas markets,” says Ranjit Yadav, director—IT & Telecom at Samsung India.

The Noida complex, employing around 500 people, enjoys the highest productivity among Samsung mobile manufacturing facilities worldwide.

The country mostly manufactures lower-end devices. Nokia’s Chennai factory is making handsets in the range of Rs 2,000-7,000. Samsung’s made-in-India portfolio, however, includes its popular touch screen phone, Samsung Star, priced at Rs 14,000. The product crossed sales of 10 million units within the first seven months of its launch.

Motorola launched the first ‘made in India’ mobile in December 2005 with a price tag of Rs 1,700. That was the start of a boom bettered only by the growth in the mobile market. Samsung’s Yadav says the company would have exported more if not for domestic demand.

And they see more growth. Only 480 million users possess a mobile in a population of 1.15 billion. “We will be enhancing our capacity to fully leverage the potential of this market,” says Mr Yadav.

But the picture is not all rosy. Lack of mature component supply base is a problem faced by manufacturers. “At present, most of the components are imported. In order to achieve greater indigenisation, a holistic approach towards improving the electronic manufacturing ecosystem comprising of vendors needs to be in place,” says Mr Saxena of Nokia.
SwamyG
BRF Oldie
Posts: 16267
Joined: 11 Apr 2007 09:22

Re: Indian Manufacturing Sector

Post by SwamyG »

China killing India's manufacturing sector: L&T Chief
"There are taxes on goods manufactured locally, but none on imported products (from China). This is an unfair situation for Indian goods. This is why there should be 25 per cent anti-dumping duty on Chinese products," Naik said.
Gerard
Forum Moderator
Posts: 8012
Joined: 15 Nov 1999 12:31

Re: Indian Manufacturing Sector

Post by Gerard »

DavyMarkham Joins $Billion Indian Infrastructure Group IVRCL
Sheffield-based, heavy engineering concern DavyMarkham has been acquired by India’s leading engineering procurement and construction company, Hindustan Dorr Oliver (HDO) Limited, a subsidiary of IVRCL Infrastructures & Projects Ltd, which is involved in engineered solutions, technologies and EPC installations in liquid-solid separation applications. The acquisition provides HDO with an entry into the Heavy Engineering sector.
negi
BRF Oldie
Posts: 13112
Joined: 27 Jul 2006 17:51
Location: Ban se dar nahin lagta , chootiyon se lagta hai .

Re: Indian Manufacturing Sector

Post by negi »

ArcelorMittal, Rivals Plan $30.4 Billion Mills in Indian State
June 4 (Bloomberg) -- ArcelorMittal, the world’s largest steelmaker, Posco and five rivals may spend a combined 1.42 trillion rupees ($30.4 billion) to build plants in southern India, after investments were stymied in other states.
ArmenT
BR Mainsite Crew
Posts: 4239
Joined: 10 Sep 2007 05:57
Location: Loud, Proud, Ugly American

Post by ArmenT »

Suraj
Forum Moderator
Posts: 15043
Joined: 20 Jan 2002 12:31

Re: Indian Manufacturing Sector

Post by Suraj »

Jan-Jun 2010 world steel production
In million tonnes:

Code: Select all

China   323.17
Japan   54.57
US      41.00
Russia  32.68
India   32.53
Korea   28.34
Germany 22.74
We should overtake Russia this year, and soon exceed US and subsequently Japan, in steel output.
Ameet
BRFite
Posts: 841
Joined: 17 Nov 2006 02:49

Re: Indian Manufacturing Sector

Post by Ameet »

Vipul
BRF Oldie
Posts: 3727
Joined: 15 Jan 2005 03:30

Re: Indian Manufacturing Sector

Post by Vipul »

India among world's top 10 manufacturers: UNIDO.

India has emerged as one of the top ten manufacturers of the world, primarily helped by strong economic growth, according to a UN agency.The United Nations Industrial Development Organisation (UNIDO) has said that India is listed as one of the top 10 manufacturers of the world in 2010.

India along with other leading developing economies such as Brazil and China showed strong performance in economic growth in 2010 and the manufacturing value added (MVA) of all these countries grew by over 10 per cent last year (at constant USD of 2,000), the agency said.

As per UNIDO's just released International Yearbook of Industrial Statistics 2011, the three nations' share in world manufacturing output has reached 32 per cent compared to 20 per cent 10 years ago.

UNIDO said that world manufacturing is showing first signs of recovery from the recent financial crisis.

"India tops developing countries (China excluded) in production of textiles, chemical products, basic metals, general machinery and equipment, and electrical machinery," the statement said.

The report noted that India has overtaken Brazil in the production of motor vehicles and now ranks second among developing countries after Mexico.

On the other hand, Asian competitors – Thailand, Malaysia and the Philippines -- are ahead in the production of electronic goods such as computers and office equipment.

"The MVA of industrialised countries grew by 3.4 per cent in 2010. However, developing economies were the major force of world industrial growth. In 2010, MVA of developing countries grew by 9.4 per cent," it added.
Theo_Fidel

Re: Indian Manufacturing Sector

Post by Theo_Fidel »

India's manufacturing is under counted by global standards as construction is counted in services. This has been a long term issue.

Adding that 7% our manufacturing is a more respectable 23%. Could be better but not as shocking.
Vipul
BRF Oldie
Posts: 3727
Joined: 15 Jan 2005 03:30

Re: Indian Manufacturing Sector

Post by Vipul »

India starts hunt for fab-building chipmakers.

A committee recently set up by the Indian government to help drive the establishment of semiconductor manufacturing in the sub-continent, has conducted its first meeting and has started approaching chip companies to ask them to set up wafer fabs there.

The meeting discussed a number of issues related to the setting up of wafer fabs, local reports quoted Sam Pitroda, leader of the committee, as saying. Pitroda is also an advisor to Indian Prime Minister Dr. Manmohan Singh on IT and communications infrastructure and innovation.

"We need to talk to principals who can invest in setting up facilities," he is quoted saying after the initial meeting of the committee, before adding "We will talk to them one-by-one in the next few months." Pitroda is also reported to have said that he has been in touch with "global semiconductor associations."

Pitroda reportedly said that India needs to make chips because otherwise its annual hardware IT import bill will grow to exceed its fuel import bill by as soon as 2020. "At this rate our import bill on IT hardware will touch $200 billion by 2020," he is quoted as saying in a Business Standard article. The import bill including telecommunications in 2020 – and Indians are big users of mobile phones – could be as high as $400 billion. :shock:

As semiconductors make up a significant part of the bill of materials value of electronic equipment, being able to manufacture chips locally not only relieves that import burden but can also be part of a domestic manufacturing supply chain to further reduce the import position in IT products.

The committee, set up in April, is chartered to help set up at least two wafer fabs at a cost of about $5 billion. Along with identifying technologies and potential investors, the committee will recommend the level of government support for the project and the mix of grants and subsidies. The panel's recommendations are scheduled to be delivered to the Indian government by July 31.

Two earlier commercial initiatives, SemIndia and Hindustan Semiconductor Manufacturing Corp. failed to materialize. As yet there is no indication as to whether the Indian government has any preferred locations where it wants wafer fabs to be built.
Vipul
BRF Oldie
Posts: 3727
Joined: 15 Jan 2005 03:30

Re: Indian Manufacturing Sector

Post by Vipul »

Cabinet may take up manufacturing policy tomorrow.

The proposed National Manufacturing Policy which aims at creating mega industrial zones with world-class infrastructure without the rigid labour and environment laws, is likely to come up before the Union Cabinet tomorrow.

The equity restructuring plan of the DMIC Development Corporation (DMICDC), a special purpose vehicle for industrial development along the Delhi-Mumbai rail corridor, is also expected to be placed before the Cabinet, sources said.

The manufacturing policy aims at creating 100 million jobs and taking the share of manufacturing to 25 per cent of the country’s GDP by 2020 from the current 15-16 per cent. The sector contributes over 80 per cent to the country’s overall industrial production.

The draft policy which was given an in-principle clearance by a high-level committee chaired by the Prime Minister, Dr Manmohan Singh, in June had faced some opposition from the ministries of labour and environment.

The draft document had suggested that besides fiscal sops, the units in the proposed National Manufacturing Investment Zones (NMIZs) should be exempted from the labour and environment laws.

These zones, which may come up in the private sector, would have facilities like industrial towns and other infrastructure like the ones set up in China, a global manufacturing hub.

The DMICDC proposal relates to fund infusion of Rs 18,500 crore as also change in the equity structure of the company.

The money infusion is for creating seven new cities in six States including Gujarat, Haryana, Uttar Pradesh and Madhya Pradesh.

At present, the Government has a 49 per cent stake in the DMIC project, while 51 per cent is jointly held by Infrastructure Leasing and Financial Services (IL&FS) and Infrastructure Development Finance Company.
nithish
BRFite
Posts: 438
Joined: 02 Oct 2009 02:41

Re: Indian Manufacturing Sector

Post by nithish »

ArcelorMittal bets on Karnataka to push India plans
ArcelorMittal India expects Karnataka to be the mainstay of its India plans and expects the state's pro-industry policies, and faster mine allocation procedures, to push its long-awaited projects off the ground. But the world's largest steel manufacturer will continue to pursue its plans in Jharkhand and Orissa simultaneously, as the company wishes retain its alternative options, said a senior company official.

"Compared to other states, land acquisition is more systematic in Karnataka as the state government has in the past, done a good job of rewarding farmers in large industrial projects," said the senior official who asked not to be named. The suspension of mining in the iron ore-rich districts of Bellary, Chitradurga and Tumkur has not impacted ArcelorMittal India's plans as it expects the issue to be resolved soon.

ArcelorMittal intends to build a Rs 30,000-crore, six million-tonne steel plant in Karnataka in two phases, in line with a revised programme of setting up smaller steel mills in multiple locations.

The company needs about 4,500 acres for the project of which 4,000 acres has already been acquired by the Karnataka Industrial Areas Development Board.
Vipul
BRF Oldie
Posts: 3727
Joined: 15 Jan 2005 03:30

Re: Indian Manufacturing Sector

Post by Vipul »

Govt OK's national manufacturing policy.

The government today cleared the long-awaited National Manufacturing Policy (NMP) which seeks to set up mega industrial zones and create 100 million jobs by 2022.

"The NMP seeks to enhance the share of manufacturing in the GDP to 25 per cent within a decade and create 100 million jobs in manufacturing as part of the inclusive growth agenda of the UPA," Commerce and Industry Minister Anand Sharma said after the Cabinet approved the policy.

To encourage the manufacturing sector, the government will provide fiscal incentives to the industry, particularly to the small and medium enterprises (SMEs).

The Cabinet had earlier taken up the NMP in its meeting on September 15. The matter was, however, deferred following differences between ministries over the labour and environment issues.

It was later referred a Group of Ministers headed by Agriculture Minister Sharad Pawar.

The NMP, Sharma said, "will ensure compliance of labour and environmental laws while introducing procedural simplifications and rationalisation so that the regulatory burden on the industry is reduced".

He said the interventions proposed are generally sector neutral, location neutral and technology neutral, except the attempt to incentivise green technology for sustainable development.
Pranay
BRFite
Posts: 1458
Joined: 06 Feb 2003 12:31
Location: USA

Re: Indian Manufacturing Sector

Post by Pranay »

http://www.bbc.co.uk/news/world-south-asia-15452627
India's cabinet has approved a major new policy to develop national manufacturing.

The policy aims to create a 100 million jobs in the next 10 years and allows for a series of special new zones to support manufacturing growth.

At the moment, that sector only accounts for about 16% of the country's gross domestic product.


That has barely changed in the last three decades and is seen as well below India's potential.

It is also far lower than other Asian countries at a similar level of development.

India has done an impressive job in developing hi-tech and service sector industries - which have given new opportunities to its well-educated middle class.

But that is little comfort to a growing number of rural unemployed who have at best a basic education and few opportunities for work beyond agriculture.

Now India is trying to learn from China - with an ambitious plan which aims to boost manufacturing and deliver factory jobs.

Cutting red tape
The target is for manufacturing to account for a quarter of GDP by 2022 - creating 100 million new jobs.

The government also plans to train the young rural generation so they can take advantage of these jobs.

Special economic zones will be set up - again, following China's model. Seven sites have already been identified.

Their development will be led by the private sector. They are described as self-governing townships.

Companies using the sites will be offered tax incentives.


One of the obstacles for manufacturers in the past has been endless government bureaucracy and red tape. This too will be streamlined.

There is no doubt that India desperately needs a more vibrant manufacturing sector to even out its growth and absorb future workers.

The test will be how successfully this plan translates from paper to the real world.
Singha
BRF Oldie
Posts: 66601
Joined: 13 Aug 2004 19:42
Location: the grasshopper lies heavy

Re: Indian Manufacturing Sector

Post by Singha »

good road connectivity is quite important in enlarging the pool of people who may work at any location. this is where massa scores heavy, I came back today from a industrial estate just 25km south of the NICE road , on kanakpura road. its located on a NH, but its undivided, has sweeping turns, lots of dangerous looking lakes on both sides and goes through small hamlets. pretty harrowing to drive at night with opposing vehicles on usual high beam.

no surprise the industries are thin in that estate and have trouble finding people from blr willing to work there.
Aditya_V
BRF Oldie
Posts: 14332
Joined: 05 Apr 2006 16:25

Re: Indian Manufacturing Sector

Post by Aditya_V »

Vipul wrote:India starts hunt for fab-building chipmakers.

A committee recently set up by the Indian government to help drive the establishment of semiconductor manufacturing in the sub-continent, has conducted its first meeting and has started approaching chip companies to ask them to set up wafer fabs there.

The meeting discussed a number of issues related to the setting up of wafer fabs, local reports quoted Sam Pitroda, leader of the committee, as saying. Pitroda is also an advisor to Indian Prime Minister Dr. Manmohan Singh on IT and communications infrastructure and innovation.

"We need to talk to principals who can invest in setting up facilities," he is quoted saying after the initial meeting of the committee, before adding "We will talk to them one-by-one in the next few months." Pitroda is also reported to have said that he has been in touch with "global semiconductor associations."

Pitroda reportedly said that India needs to make chips because otherwise its annual hardware IT import bill will grow to exceed its fuel import bill by as soon as 2020. "At this rate our import bill on IT hardware will touch $200 billion by 2020," he is quoted as saying in a Business Standard article. The import bill including telecommunications in 2020 – and Indians are big users of mobile phones – could be as high as $400 billion. :shock:

As semiconductors make up a significant part of the bill of materials value of electronic equipment, being able to manufacture chips locally not only relieves that import burden but can also be part of a domestic manufacturing supply chain to further reduce the import position in IT products.

The committee, set up in April, is chartered to help set up at least two wafer fabs at a cost of about $5 billion. Along with identifying technologies and potential investors, the committee will recommend the level of government support for the project and the mix of grants and subsidies. The panel's recommendations are scheduled to be delivered to the Indian government by July 31.

Two earlier commercial initiatives, SemIndia and Hindustan Semiconductor Manufacturing Corp. failed to materialize. As yet there is no indication as to whether the Indian government has any preferred locations where it wants wafer fabs to be built.
All these Fab Chip makers need have huge power requirements, if the KNPP protesters have their way, we can forget all such plans.
Prasad
BRF Oldie
Posts: 7793
Joined: 16 Nov 2007 00:53
Location: Chennai

Re: Indian Manufacturing Sector

Post by Prasad »

Power, water and land. Where have we heard those before.
krisna
BRF Oldie
Posts: 5868
Joined: 22 Dec 2008 06:36

Re: Indian Manufacturing Sector

Post by krisna »

Image

Indian manufacturing sector went for a toss with the advent of brits.
Brits share went up correspondingly till world wars.
Singha
BRF Oldie
Posts: 66601
Joined: 13 Aug 2004 19:42
Location: the grasshopper lies heavy

Re: Indian Manufacturing Sector

Post by Singha »

looks like from after civil war to 1930 US transformed from a sideshow into a massive industrial power. a unbroken run of around 70-80 yrs of solid and rapid growth. and similar growth in the 50s and 60s to cement its place as the khan-of-khans.
Post Reply