Surat: Even as the leaders of the diamond industry were successful in resolving the wage issue of the diamond cutters employed with around five manufacturing units — these workers took to streets on Tuesday after the factory owners refused to implement the 20 per cent hike announced by the Surat Diamond Association (SDA) —fresh incident of stone pelting by rampaging diamond workers were reported from the Katargam area on the second consecutive day on Wednesday.
Around 400 diamond cutters and polishers targeted some 25 manufacturing units located in the Gotalawadi area in Katargam and forced the owners to down the shutters after they refused to implement the wage hike. Some of the agitating workers indulged in stone pelting at two manufacturing units in Katargam.
KS Patel, police inspector, Katargam police station, said, “Two units in Katargam were targeted by the diamond cutters. Adequate police bandobast has been deployed in the Katargam area where the units are located.”
It seems the decision taken by the SDA to implement 20 per cent hike in the wages of the diamond workers has come as a major disappointment for the small and medium manufacturers in the industry. Most of the small and medium manufacturers have refused to implement the 20 per cent hike announced by the SDA.
Sources said around 35 per cent of the small and medium units — facing tough competition due to the dwindling profit margins and shortage of rough — are not in a position to implement 20 per cent hike.indian suppliers
“We are not in a position to hike the wages by 20 per cent. Most of the small and medium factory owners are operating on wafer thin margins due to the shortage of raw material and the increasing prices of rough,” said Valjibhai Dhamelia, a small indian manufacturers operating 10 ghantis (emery wheels).
Another indian manufacturer said, “Many small manufacturers have shifted to Bhavnagar in the last few months following problems in the industry. If the problems continue for another few months then more people in the industry are likely to shift to their native places.”
On the other hand, the leaders of the industry believe the 20 per cent hike in the wage is not going to affect the business of the small and medium manufacturers.
“The cost of the raw material is 80 per cent and the labour charge is 20 per cent. However, if the 20 per cent hike in the wages is calculated then the manufacturers have to to implement only two per cent hike in the wages. If the industry wants to retain the workforce then each one of the manufacturers have to comply with the hike in the wages,” said Praveen Nanavati, former president, SDA.
Dinesh Navadia, vice-president, SDA said “There are some unscrupulous elements in the industry behind the labour unrest. But the industry leaders are making all possible efforts to convince each and every manufacturer in the industry to comply with the 20 per cent hike in the wages.”
Showing posts with label Manufacturers. Show all posts
Showing posts with label Manufacturers. Show all posts
Tuesday, 29 October 2013
Saturday, 31 August 2013
Indian generic companies lash out at US pharma biggie
At a time when domestic generic medicines are helping the developed world to slash healthcare costs, big pharma has lashed out at indian manufactruers. The remarks made by chairman of one of the world’s largest companies, Sanofi Aventis, attacking domestic generic companies for exporting drugs, has created a furore.
Infuriated, the industry has asked the government to step in and register their protest at an appropriate forum.
Recently, Jean-Francois Dehecq, chairman of French firm Sanofi-Aventis, citing India as an example has criticised generic companies for exporting drugs rather than selling them locally. He’s been reported as saying in the media, “They make (drugs) cheaply and bring them to the North for people who can already pay. It is a scandal. They are exploiting people in the South. They should deal with their own countries first.”
Indian Pharmaceutical Alliance secretary general, DG Shah, told Times of India: “This statement is indicative of the mindset of the big pharma that the third world nations should not look at them for access to medicine. It conveys a message to the trade negotiators that the developing countries like India, Brazil and Indonesia should not look at the West as a market for their generic products.”
The industry has countered the charges saying that they are baseless. It has said in a letter to the commerce secretary that the domestic industry has not only made indian manufacturer self-sufficient for most of its medicines requirement but also emerged as a major source of supply for the developing countries. Such statements, if not challenged, hurt the interest of the domestic industry, it adds.
One of the major generic manufacturers, Cipla’s joint MD Amar Lulla said “This (statement) reflects the insecurity of the big pharma towards India.” Generic drugs are copies of patented medicines and are sold in certain cases at even onetenth of the prices of the branded but offpatent drugs.
The domestic industry wants to sensitise government to the attitude of the big pharma, whom it wants to “please through a trade related aspects of intellectual property rights plus IPR regime.” Sanofi-Aventis has two manufacturing units in India, both of which have been identified as global sourcing units, and its Indian operations recorded export revenues of 30% of its total sales in 2005
Monday, 26 August 2013
indian manufacturers
Labels:
b2b business directory,
exporter,
Exporters,
Importer Directory,
importers,
manufacturer,
Manufacturers,
Products,
service providers,
supplier,
suppliers,
Trade Leads,
yellow pages of Indian
indian manufacturer
Labels:
b2b business directory,
exporter,
Exporters,
Importer Directory,
importers,
manufacturer,
Manufacturers,
Products,
service providers,
supplier,
suppliers,
Trade Leads,
yellow pages of Indian
Wednesday, 17 July 2013
India Manufacturers and Suppliers
ndia being a leader in exporting, importing and manufacturing business has attained world recognition. This was made possible with an increase in Indian economy and global exposures. The advent of internet and online media has played a crucial role in adding the building blocks of growth to Indian economy. Internet by providing data of Indian manufacturers and Indian suppliers acts as a crucial bond to business growth. A large amount of data is present over the databases that can be easily accessed from anywhere in world. This data is reliable as traders with insufficient information are kept out of its purview.
India has been producing a wide variety of goods and services ranging from electronics to ethnic stuffs. Indian Manufacturers and traders now can reveal their stature nationally and globally by joining themselves with the stream of online databases. This not only helps to increase business but bring about more opportunities like technology transfers and other relationships and mutual benefits are thus shared. Indian suppliers on the other hand meet the chain requirements of demand and supply and are therefore important for product manufacturers.India used to be an agricultural economy and now has its footsteps in the manufacture and industrial growth. And a major role has to be played by such databases that provide information about manufacturers and suppliers creating a web networks for inclusive growth. Also this data is of opportunity for foreign traders that eye the gates of Indian business with reliability and authenticity. Traders are overwhelmed with the provided easy to use options when they go for a search of a product or service. With global access, production and growth will reach new highs and in return enhance economy which is of prime importance for developing India.
Updated data with other statistical information are being made available through internet at the disposal of various traders and regions. Benchmarks of this data are authenticity and transparent statistics that enhances global trade and relationships that makes it a step stone in building any economy. This data is regularly updated with a mark of being authentic. Its access globally has opened gates from many regions and cultures. It has provided the best deals and transparent transactions demolishing encounters of fake and scrupulous articles and will indeed be a mark of growth in international and domestic markets.
auther:
Subhrakant jena reprasantive of way2trading.com .for more information about. Indian Manufacturers ,Indian manufacturers directory,Indian Exporters Directory .visit here to view Indian manufacturers directory.
Tuesday, 21 May 2013
Indian Manufacturers : how to exposed his porducts
Indian Manufacturers : how to exposed his porducts
Indian Manufacturers : how to exposed his porducts
Indian Manufacturers : how to exposed his porducts
Indian Manufacturers : how to exposed his porducts
Subscribe to:
Posts (Atom)