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Dynamic Manufacturing India
March - April 2022

Dynamic Manufacturing India - March - April 2022

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Selling Product as a Service
Much like a lot of Indian things, our manufacturing sector offers something to both the pessimist and the optimist.
The optimist will look at the sector’s meagre share of 3 percent in the global manufacturing output, alarmingly low when compared with other large economies – China (20 percent), Japan (10 percent), and of course, the US (18 percent). This, when one does not consider the manufacturing output per capita, which makes our present ranking look even bleaker. In terms of performance, our both our labor and capital productivities fare low. Compared with China and South Korea, for example, our productivity level, measured in GVA output per full-time-equivalent worker, is four times lower. Sector-wise disparities are even greater – South Korea’s electronics manufacturing sector, for instance, is 18 times more productive than India’s. Even more, Indian manufacturers ostensibly operate well below their maximum capacity, with utilization ranging from 60 to 70 percent across sectors, according to RBI data.

Dynamic Manufacturing India Description:

Editor: Meshmix-Media-Pvt-Ltd

Categoría: Technology

Idioma: English

Frecuencia: Bi-Monthly

Dynamic Manufcaturing India is B2B Magazine targeted to Machine tool manufacturers ,Machine tool users , and Manufacturing Industry . It talks about latest trends in manufacturing sector in india as well as global technology .

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