indian manufacturer hike and strike

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.”

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

indian manufacturers

As India's sparkling growth story spreads across the world, Friuli Venezia Giulia (FVG), in the north of Italy, is gearing up to be a part of this wave through bilateral economic cooperation. Industry chambers and companies of this region are looking for increasing tieups with Indian counterparts to benefit from the emerging superpower's economic boom. "Our objective is to get to know more about Indian market, companies by holding workshops in the areas of energy, heavy industries, machineries, system designing, finance, communication and technology," Valduca Bertossi, chairman, Udine Chamber of Commerce, a northern province of FVG region, told visiting journalists. And leading the pack is a leading global insurance player Assicurazioni Generali from Trieste, a southern province of FVG. The company, listed on the Milan Stock Exchange (2006 turnover 64.5 billion euros), has already got a licence from IRDA for insurance venture in the country. It has tied up with Kishore Biyani's Future Group, a retail venture, to form a JV Future Generali Insurance Life Insurance Company, where Generali holds a 26% stake. "We want to repeat the success of distribution through malls in India as we have done in Switzerland and Philippines," said a senior official of Generali. indian manufacturers The JV is also negotiating with several mutual funds and banks to give a further boost to the insurance business, though the official refused to divulge names. "At present, India and China are the two most important areas for our growth," added the official. Now, across the western part of Europe, India is getting recognition for its corporate aggressiveness and hunger for acquisitions. "India. We know that man Mittal has bought Arcelor," said a man on the street, referring to LN Mittal. Ask him about Tatas' acquisition of Corus and he nods, saying, "Of course... yes." Other companies in the FVG region, which are looking for greater access to Indian market include Fantoni Group (turnover 360 million euros), a indian manufacturer of modern age wooden furniture for business and residential projects. "We would like to share the Indian boom," said Paolo Fantoni, managing director. The company, which already has a presence in Bangalore and Chennai, is looking for tieups with real estate majors like DLF and Embassy group to bag interior business for mega residential and corporate projects. "We want to focus on the top-end of the market," added Fantoni. Another major player in line is Itema Group (sales 667 m euors), a leading player in the area of textile machinery. Its group company Savio, which specialises in making sewing and twisting machines for yarn, is setting up a production facility in Coimbatore. "The 5 million euro facility will be ready to start production in early 2008," said Mauro Moro, industrial director of Savio. Also, heavy industries player like Danieli has set up base in Kolkata and started working with Bhel. Another area of bonding will be commodities like coffee. "India is the third largest supplier of raw coffee to Italy. We are looking to increase tieups with Indian farmers and various bodies to boost the supply chain," said Furio Suggi Liverani, director of Illy, a coffee processing company. Apart from biggies, start ups like PMP Industries, which makes gear boxes for mixer trucks, is looking for a strong presence in India. The company, which is setting up a production base in China, has established a presence in Mumbai and Delhi

indian manufacturer

As India's sparkling growth story spreads across the world, Friuli Venezia Giulia (FVG), in the north of Italy, is gearing up to be a part of this wave through bilateral economic cooperation. Industry chambers and companies of this region are looking for increasing tieups with Indian counterparts to benefit from the emerging superpower's economic boom. "Our objective is to get to know more about Indian market, companies by holding workshops in the areas of energy, heavy industries, machineries, system designing, finance, communication and technology," Valduca Bertossi, chairman, Udine Chamber of Commerce, a northern province of FVG region, told visiting journalists. And leading the pack is a leading global insurance player Assicurazioni Generali from Trieste, a southern province of FVG. The company, listed on the Milan Stock Exchange (2006 turnover 64.5 billion euros), has already got a licence from IRDA for insurance venture in the country. It has tied up with Kishore Biyani's Future Group, a retail venture, to form a JV Future Generali Insurance Life Insurance Company, where Generali holds a 26% stake. "We want to repeat the success of distribution through malls in India as we have done in Switzerland and Philippines," said a senior official of Generali. indian manufacturers The JV is also negotiating with several mutual funds and banks to give a further boost to the insurance business, though the official refused to divulge names. "At present, India and China are the two most important areas for our growth," added the official. Now, across the western part of Europe, India is getting recognition for its corporate aggressiveness and hunger for acquisitions. "India. We know that man Mittal has bought Arcelor," said a man on the street, referring to LN Mittal. Ask him about Tatas' acquisition of Corus and he nods, saying, "Of course... yes." Other companies in the FVG region, which are looking for greater access to Indian market include Fantoni Group (turnover 360 million euros), a indian manufacturer of modern age wooden furniture for business and residential projects. "We would like to share the Indian boom," said Paolo Fantoni, managing director. The company, which already has a presence in Bangalore and Chennai, is looking for tieups with real estate majors like DLF and Embassy group to bag interior business for mega residential and corporate projects. "We want to focus on the top-end of the market," added Fantoni. Another major player in line is Itema Group (sales 667 m euors), a leading player in the area of textile machinery. Its group company Savio, which specialises in making sewing and twisting machines for yarn, is setting up a production facility in Coimbatore. "The 5 million euro facility will be ready to start production in early 2008," said Mauro Moro, industrial director of Savio. Also, heavy industries player like Danieli has set up base in Kolkata and started working with Bhel. Another area of bonding will be commodities like coffee. "India is the third largest supplier of raw coffee to Italy. We are looking to increase tieups with Indian farmers and various bodies to boost the supply chain," said Furio Suggi Liverani, director of Illy, a coffee processing company. Apart from biggies, start ups like PMP Industries, which makes gear boxes for mixer trucks, is looking for a strong presence in India. The company, which is setting up a production base in China, has established a presence in Mumbai and Delhi

Indian Manufacturers : how to exposed his porducts

Now in india, numerous quality products are exported by various exporters in India. in internet managed directory helps you to find out the products and exporters of our choice just on a single click of the mouse. Invention of manufacturers directories is a result of the expanding demands of trading industry across the globe.Exporter directory generally includes these major export categories - Categories Agriculture,Apparel & Fashion,Automobile,Brass Hardware & Components,Business Services,Chemicals,Computer Hardware & Software,Construction & Real Estate,Consumer Electronics,Electronics & Electrical Supplies,Energy & Power,Environment & Pollution,Food & Beverage,Furniture,Gifts & Crafts,Health & Beauty,Home Supplies,Industrial Supplies,Jewelry & Gemstones,Machinery,Mineral & Metals,Office & School Supplies,Others,Toys, Transportation. This categorization provides a list of Indian manufacturers,Indian exporters and Indian suppliers. Indian Manufacturers directory helps to searching for the prominent manufacturing companies based on different product categories. In addition, it let buyers to negotiate with sellers or the manufacturers and also provides a forum where online payment can be made for the procurement of products. A full fledge Indian directory provides detailed necessary information about Indian manufacturers, Indian importers, Indian suppliers, Indian wholesalers & retailers and service providers. You mostly find such exporters or manufacturers directory on a B2B portal, which is an online platform where manufacturers, suppliers, wholesalers, dealers display their products or services. Thanks to the increased and efficient usage of the online B2B directories. Indian manufacturer directories helped exporters and importers across the world. Likewise the Indian exporters have also been benefited from the use of these directories by acquiring maximum exposure to their products in the global markets. An online Indian exporters directory offers a comprehensive database of companies engaged in export of different products and services. Through such kind of directories, buyers can browse the desired information of various exporters available and can send or post a request for product details. Moreover, buyer can also order products and services using such directories. Another advantage of using Indian manufacturers directory is that buyers can easily access the sellers contact details and can contact them as per their convenience. This assures high customer potential with minimal effort. Moreover, online inquires can also be posted by prospective buyers for products and services. Recently, different quality products are now being showcased through the online directories at a cheaper rate. Reduction in price of a product leads to competition among different exporters and due to such activities buyers can avail the maximum benefit. An Indian exporter directory provides detailed necessary information about Indian exporters & manufacturers especially of small and medium scale industries. No two opinions in saying that such exporter directories have paved way for the substantial growth of the Indian economy.

Indian Manufacturers : how to exposed his porducts

Now in india, numerous quality products are exported by various exporters in India. in internet managed directory helps you to find out the products and exporters of our choice just on a single click of the mouse. Invention of manufacturers directories is a result of the expanding demands of trading industry across the globe.Exporter directory generally includes these major export categories - Categories Agriculture,Apparel & Fashion,Automobile,Brass Hardware & Components,Business Services,Chemicals,Computer Hardware & Software,Construction & Real Estate,Consumer Electronics,Electronics & Electrical Supplies,Energy & Power,Environment & Pollution,Food & Beverage,Furniture,Gifts & Crafts,Health & Beauty,Home Supplies,Industrial Supplies,Jewelry & Gemstones,Machinery,Mineral & Metals,Office & School Supplies,Others,Toys, Transportation. This categorization provides a list of Indian manufacturers,Indian exporters and Indian suppliers. Indian Manufacturers directory helps to searching for the prominent manufacturing companies based on different product categories. In addition, it let buyers to negotiate with sellers or the manufacturers and also provides a forum where online payment can be made for the procurement of products. A full fledge Indian directory provides detailed necessary information about Indian manufacturers, Indian importers, Indian suppliers, Indian wholesalers & retailers and service providers. You mostly find such exporters or manufacturers directory on a B2B portal, which is an online platform where manufacturers, suppliers, wholesalers, dealers display their products or services. Thanks to the increased and efficient usage of the online B2B directories. Indian manufacturer directories helped exporters and importers across the world. Likewise the Indian exporters have also been benefited from the use of these directories by acquiring maximum exposure to their products in the global markets. An online Indian exporters directory offers a comprehensive database of companies engaged in export of different products and services. Through such kind of directories, buyers can browse the desired information of various exporters available and can send or post a request for product details. Moreover, buyer can also order products and services using such directories. Another advantage of using Indian manufacturers directory is that buyers can easily access the sellers contact details and can contact them as per their convenience. This assures high customer potential with minimal effort. Moreover, online inquires can also be posted by prospective buyers for products and services. Recently, different quality products are now being showcased through the online directories at a cheaper rate. Reduction in price of a product leads to competition among different exporters and due to such activities buyers can avail the maximum benefit. An Indian exporter directory provides detailed necessary information about Indian exporters & manufacturers especially of small and medium scale industries. No two opinions in saying that such exporter directories have paved way for the substantial growth of the Indian economy.

Indian Manufacturers : how to exposed his porducts

Now in india, numerous quality products are exported by various exporters in India. in internet managed directory helps you to find out the products and exporters of our choice just on a single click of the mouse. Invention of manufacturers directories is a result of the expanding demands of trading industry across the globe.Exporter directory generally includes these major export categories - Categories Agriculture,Apparel & Fashion,Automobile,Brass Hardware & Components,Business Services,Chemicals,Computer Hardware & Software,Construction & Real Estate,Consumer Electronics,Electronics & Electrical Supplies,Energy & Power,Environment & Pollution,Food & Beverage,Furniture,Gifts & Crafts,Health & Beauty,Home Supplies,Industrial Supplies,Jewelry & Gemstones,Machinery,Mineral & Metals,Office & School Supplies,Others,Toys, Transportation. This categorization provides a list of Indian manufacturers,Indian exporters and Indian suppliers. Indian Manufacturers directory helps to searching for the prominent manufacturing companies based on different product categories. In addition, it let buyers to negotiate with sellers or the manufacturers and also provides a forum where online payment can be made for the procurement of products. A full fledge Indian directory provides detailed necessary information about Indian manufacturers, Indian importers, Indian suppliers, Indian wholesalers & retailers and service providers. You mostly find such exporters or manufacturers directory on a B2B portal, which is an online platform where manufacturers, suppliers, wholesalers, dealers display their products or services. Thanks to the increased and efficient usage of the online B2B directories. Indian manufacturer directories helped exporters and importers across the world. Likewise the Indian exporters have also been benefited from the use of these directories by acquiring maximum exposure to their products in the global markets. An online Indian exporters directory offers a comprehensive database of companies engaged in export of different products and services. Through such kind of directories, buyers can browse the desired information of various exporters available and can send or post a request for product details. Moreover, buyer can also order products and services using such directories. Another advantage of using Indian manufacturers directory is that buyers can easily access the sellers contact details and can contact them as per their convenience. This assures high customer potential with minimal effort. Moreover, online inquires can also be posted by prospective buyers for products and services. Recently, different quality products are now being showcased through the online directories at a cheaper rate. Reduction in price of a product leads to competition among different exporters and due to such activities buyers can avail the maximum benefit. An Indian exporter directory provides detailed necessary information about Indian exporters & manufacturers especially of small and medium scale industries. No two opinions in saying that such exporter directories have paved way for the substantial growth of the Indian economy.