Tuesday, 19 November 2013

Online Directory - A Platform For Both Manufacturers and Consumers


           indian manufacturersindian suppliersindian manufacturermanufacturers directory

Indian manufacturers directory brings both manufacturers and buyers or consumers together in one platform. Buyers are allowed to choose their required products from the volley of items available in the online directory. It is an inexhaustible directory which is used by consumers world wide.
Manufacturers of different products can not only find their competitors and their products but also advertise their own products. It is a platform to interact and negotiate with sellers and buyers. It offers buyers a tool to search products and its various competitors, compare rates and then buy based on the product rates. You can procure your items online.
Products found online range from textiles, electrical products, drugs, chemicals, machinery, handicrafts, hosiery, printing and packaging, hand-woven garments, embroidered material, shawls, decorative items. The manufacturing sector of India has been continuously showing a growth pattern and has extensively contributed to the GDP of India. With an online directory of manufacturers you are able to buy directly from any company in the world and have the best purchase price of your guild. This also allows you to export your products abroad in foreign markets in large scale and increase your sales. If you are a buyer and looking for reliable Indian producers in different sectors such as pharmaceuticals, medical and scientific instruments to textiles, handicrafts, food & beverages then you can find them easily online.
Buyers have a greater scope of purchasing and comparing products in the world wide market. They can access products of the global market and have wider choice of the international products.


Article Source: http://EzineArticles.com/2920004

Business Services Enhance B2B Business Activities

B2B business activities are always enhanced through business services. Many Companies are registered with such websites to increase the business opportunities for them.
Business services are one of the most important activities to promote business. There are many Companies including Advertising, travel, computer and information, Education and training that have introduced them in B2B business-sites to get the maximum out of this domain.
International settlement services are also profited from this website, whereby sellers offer different finance options to get suitable buyers for the products. Many service industries are also registered with such business promotion websites. One of them includes Royalties and License services. Others are telecommunication services, trade-show services, translation services, etc.
Even Insurance and healthcare services are registered with business portal. These services are registered to promote their business online and create awareness amongst different visitors.
The visitors searching for any particular business enterprise will end his search at business websites. The business is enhanced and other business promotions also take place, along with.
Business Services are enormous and it's not possible for each and every unit to know about all the business units in their segment. Then business promotion websites are the best place to consult. They are one in all solution for various business services.
When you are establishing a new business unit, then you need different supporting structures to assist you in your establishment. These business services are helpful in providing different business activities and getting the work done easily. Business services are provided as best services through these websites. There is an amalgamation of different units which promote other business units as well. The contacting or visiting unit may search through other related business units and so that they get quality business services.
Many business services are available at business website. Companies search through the website for the probable business unit and benefit from B2B Portal. All the services are offered through these business websites and that too at its best. B2B portals are available to contact the business units and get the maximum out of it. Most Companies are benefitted through these business portals for better business opportunities.

Monday, 18 November 2013

Indian Manufacturing Sector

Indian manufacturing sector has the potential to elevate much of the Indian population above poverty by shifting the workforce out of low income agriculture sector. Manufacturing fuels growth, employment, and also strengthens agriculture and service sectors. Enormous growth in worldwide distribution systems and opening of trade barriers, has led to astonishing growth of global manufacturing networks, designed to take advantage of low-cost yet efficient work force of India.
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Apart from low cost advantage, Indian manufacturing sector must focus on areas like improving the urban infrastructure, ensuring fair competition, reduction of import duties, quality improvements in education and increase investment in R&D to gain global foot print.
There was widespread expectation that the Indian manufacturing sector would be the world's hub for components. A low cost base, liberalization and capital equipment would do the trick. But it didn’t happen. Indian manufacturing did not make an impact on the international manufacturing and it’s nowhere near to that of Korea, Taiwan or China. Even domestic manufacturing companies are turning to China for components sourcing. As a result, manufacturing sector contribution to India’s GDP has fallen to 15% in 2008 from 17% in 1991. Except commercial vehicles and pharmaceuticals almost all other categories of manufacturing are procuring components from China.
When we consider a ten-year horizon, there is a good chance that products which require world class design, complex manufacturing skills and large investments will be in the MNC sector. It means pretty much every product. At the lower end, there is a likelihood of Indian manufacturers wresting market leadership, mainly on cost considerations.
Extensive subcontracting and contract manufacturing are the order of the day. Traditionally MNCs avoid increasing the number of employees in the main plants. Wherever production can be performed by contract workmen, even inside the main plants, it will be done through such an arrangement. As a result we can see a lop-sided employment pattern in manufacturing sector. While this may be good news from a cost point, it can severely limit the process of building technical skills in this sector and attracting the right manpower to it.
The WTO pressures, surplus foreign exchange and lack of domestic alternatives will ensure a large presence of Chinese and Korean products in Indian market. The key challenge now we have is to internationalize Indian manufacturers in a way it utilizes our human potential while protecting national interests. Getting it right, learning the lessons from the recent past and removal of the policy hurdles blocking the way, we can still become the leaders in engineering and manufacturing supplies to the world.

Thursday, 14 November 2013

Indian Manufacturers

Indian manufacturing sector has the potential to elevate much of the Indian population above poverty by shifting the workforce out of low income agriculture sector. Manufacturing fuels growth, employment, and also strengthens agriculture and service sectors. Enormous growth in worldwide distribution systems and opening of trade barriers, has led to astonishing growth of global manufacturing networks, designed to take advantage of low-cost yet efficient work force of India. Apart from low cost advantage, Indian manufacturing sector must focus on areas like improving the urban infrastructure, ensuring fair competition, reduction of import duties, quality improvements in education and increase investment in R&D to gain global foot print. There was widespread expectation that the Indian manufacturing sector would be the world's hub for components. A low cost base, liberalization and capital equipment would do the trick. But it didn't happen. Indian manufacturing did not make an impact on the international manufacturing and it's nowhere near to that of Korea, Taiwan or China. Even domestic manufacturing companies are turning to China for components sourcing. As a result, manufacturing sector contribution to India's GDP has fallen to 15% in 2008 from 17% in 1991. Except commercial vehicles and pharmaceuticals almost all other categories of manufacturing are procuring components from China. When we consider a ten-year horizon, there is a good chance that products which require world class design, complex manufacturing skills and large investments will be in the MNC sector. It means pretty much every product. At the lower end, there is a likelihood of Indian manufacturers wresting market leadership, mainly on cost considerations. Extensive subcontracting and contract manufacturing are the order of the day. Traditionally MNCs avoid increasing the number of employees in the main plants. Wherever production can be performed by contract workmen, even inside the main plants, it will be done through such an arrangement. As a result we can see a lop-sided employment pattern in manufacturing sector. While this may be good news from a cost point, it can severely limit the process of building technical skills in this sector and attracting the right manpower to it. The WTO pressures, surplus foreign exchange and lack of domestic alternatives will ensure a large presence of Chinese and Korean products in Indian market. The key challenge now we have is to internationalize indian manufacturers in a way it utilizes our human potential while protecting national interests. Getting it right, learning the lessons from the recent past and removal of the policy hurdles blocking the way, we can still become the leaders in engineering and manufacturing supplies to the world

Sunday, 10 November 2013

Manufacturing sector contracts for second consecutive month in September: HSBC

India's manufacturing sector activity contracted for the second consecutive month in September as both output and new orders witnessed a decline, an HSBC survey said on Tuesday. The overall rate of contraction was, however, marginal and eased since August, when it had slipped sub 50.0 reading (below which it indicates contraction) for the first time since March 2009. The HSBC India Manufacturing Purchasing Managers' Index (PMI) for the manufacturing industry stood at 49.6 in September, higher from 48.5 in August, but remained below the crucial 50 mark (below which it indicates contraction) for the second consecutive month. Manufacturing activity continued to shrink in September, albeit at a slower pace. Order flows remained weak, especially export orders, and employment fell," HSBC chief economist for India and Asean Leif Eskesen said. Faced with fewer projects, companies reduced their workforce numbers for the first time since February 2012. indian suppliers "Reflective of a further reduction in new order levels, Indian manufacturers cut their staffing levels in September," HSBC said adding that "the latest fall ended a period of job creation that had lasted for one-and-a-half years". Although new orders fell at a slower and marginal pace, the contraction of export business was very significant. According to HSBC, a depreciation of the rupee versus the US dollar had resulted in higher prices paid for inputs and limited firms' ability to price "competitively". The findings of the survey comes at a time when the country is battling slower growth rate, wider current account deficit and a battered currency. free business listing According to official data, high imports of gold and oil pushed current account deficit (CAD) to 4.9 per cent of GDP at $21.8 billion in the April-June quarter of the current fiscal. "Despite the weak growth readings, the build-up in underlying inflation pressures suggests that the RBI has to keep its inflation guards up," Eskesen said. The Reserve Bank of India, in its September 20 policy review, had unexpectedly raised the policy rate by 0.25 per cent as it kept its focus on controlling inflation. Driven by costlier food items, wholesale price inflation rose to a six-month high of 6.1 per cent in August. Although new orders fell at a slower and marginal pace, the contraction of export business was very significant. According to HSBC, a depreciation of the rupee versus the US dollar had resulted in higher prices paid for inputs and limited firms' ability to price "competitively". The findings of the survey comes at a time when the country is battling slower growth rate, wider current account deficit and a battered currency.

Friday, 8 November 2013

India’s manufacturing sector


indian manufacturers have a golden chance to emerge from the shadow of the country’s services sector and seize more of the global market. McKinsey analysis finds that rising demand in India, together with the multinationals’ desire to diversify their production to include low-cost plants in countries other than China, could together help India’s manufacturing sector to grow sixfold by 2025, to $1 trillion, while creating up to 90 million domestic jobs. Capturing this opportunity will require India’s manufacturers to improve their productivity dramatically—in some cases, by up to five times current levels.1 The country’s central and state governments can help by dismantling barriers in markets for land, labor, infrastructure, and some products (see sidebar, “Four imperatives for India’s government”). But the lion’s share of the improvement must come from indian manufacturer themselves. Recognizing this, a few leading ones are upgrading their competitiveness by bolstering their operations to improve the productivity of labor and capital, while launching targeted programs to train the plant operators, managers, maintenance engineers, and other professionals the country needs to reach its manufacturing potential. A closer look at the experiences of these companies offers lessons for other Indian manufacturers and for global product makers considering opportunities in India. Made in India? indian manufacturers have long performed below their potential. Although the country’s manufacturing exports are growing (particularly in skill-intensive sectors such as auto components, engineered goods, generic pharmaceuticals, and small cars) its manufacturing sector generates just 16 percent of India’s GDP—much less than the 55 percent from services.2 Moreover, a majority of India’s largest manufacturers don’t return their cost of capital (Exhibit 1), a factor that dampens investment in the sector and makes it less attractive than its counterparts in competing economies, such as China and Thailand. Indeed, China’s manufacturers captured nearly 45 percent of the global growth in manufacturing exports from low-cost countries between 2001 and 2010, whereas India accounted for a paltry 5 percent. However, the FICCI (Federation of Indian Chambers of Commerce & Industry) survey has predicted the growth of manufacturing sector in the quarter of April to June this year. The demands of the manufacturing goods have risen in the global market. But the survey also states the Chinese manufacturing units like leather, textile and chemicals are having an edge over the Indian goods. The largest employment generating sector in India has bleak chances of continuing the exports and hence, many units are withdrawing themselves from the export market. Therefore, FICCI warns about the inconsistency in the growth of manufacturing units and calls for an immediate policy action.

Indian Manufacturers

Indian manufacturers Indian manufacturers sector makes up only 16 percent of its GDP. This needs this to increase if the country is to find jobs for its huge population. Yet on the back of strong domestic demand, global car indian manufacturers have flocked to India and are helping to make the sector globally competitive -- particularly in small cars. Capacity is expected to increase from 4.8 million units in 2010 to 12 million in 2018 according to Rothschild. India is set to become the third-largest auto maker in the world and could become a major exporter.Small cars make up 70 percent of the domestic market. And although Tata and Mahindra provide strong local competition, foreigners are dominant. ForeignIndian manufacturers direct investment (FDI) into the automotive industry increased by 48 percent to $7.4 billion in 2011, according to Ernst & Young. Suzuki alone has a 45 percent share.
With no caps on FDI, new entrants are spurring competition. And in contrast to recent policies on retail, state governments have been welcoming. Clusters are being created in the south and west of India where states such as Tamil Nadu and Gujarat offer cheap land toIndian manufacturers attract investment.But it's not just the domestic market that is fuelling growth. Exports already make up 15 percent of output, and many firms have ambitions to develop the international angles. Hyundai uses India as the global source point of all their small cars. Last year it exported 247,000 cars from India -- almost double the 2007 figure. Ford is stepping up export of Indian cars toIndian manufacturers over 50 countries. And Toyota's says it plans to export cars to South Africa in March 2012, the first time it will ship Indian-made cars overseas.
Infrastructure bottlenecks, skills shortages and slow-moving bureaucracy pose big challenges to Indian Manufacturers development. But as labour cost in China rise, India has an opportunity to win market share. In autos, it may have found a formula that can be replicated.
Overseas investment in India rose for the first time in three years in 2011, Ernst & Young reported on January 29.Foreign direct investment rose 13 percent to $50.81 billion in the first 11 months of 2011 from a year earlier, according to the EY report. The total number of projects rose 25 percent to 864. Automakers led the way, increasing spending by 46 percent. India is set to become the third largest automotive maker in the world by 2015 according to a report by Rothschild, the investment bank, in December 2011. Ford plans to invest $142 million in its 200,000 vehicles-a-year plant in Chennai the company announced this month.

About the Author

Keshav Dussal is the author of article. He has been demonstrating his writing skills by writing the articles for Indian manufacturers from last two years. He also has a keen interest in writing stuff for Indian manufacturers directoryrelated topics. He has written various articles on manufacturers directory.