Global Competence of the Indian Manufacturing Industries

Abstract

Manufacturing in India has been an upswing in the last couple of years. Firms all over the world have some inherent advantages and some hard-wired disadvantages which help them to be more competitive or less competitive.This paper highlights the different factors that lead to competitiveness of the Indian manufacturing firms. In this paper a hypothesis is developed on competitiveness of firms in the manufacturing sector. It highlights some key questions on the features of the world class firms in India and also the firms level of performance that prevent Indian industries from becoming globally competitive.In this paper three distinct manufacturing management aspects and the capabilities of the firm is addressed that is, strategies of dynamic control of shop floor, network linkages and innovations. It is found that firms building distinctive technology and managerial capabilities are able to compete globally. The paper illustrates the comparison of the Indian manufacturing firms with that of its competitors like China, and draws lessons for large scale manufacturing. And finally, this paper describes different changes that the Indian manufacturing firms have undergone and depicts its implications.