Indian Manufacturing Sector

[Guest]

Deleted

[Guest]

<b>Cars in sight of million milestone</b>
Deepak Joshi
New Delhi, February 18

The Indian car industry, which had been cooling its wheels in recession for the past three years, is on full throttle with sales approaching the million milestone.

Spurred by falling rates in auto finance, and duty cuts which have dented prices, the industry is expected to touch the magic figure by the end of this fiscal year on March 31.

India rolled out more than 8.2 lakh passenger vehicles between April 2003 and January 2004. And for the first time, the industry crossed the one-lakh mark in exports.

Which is why carmakers like B.V.R. Subbu, president of Hyundai Motor India Ltd, are buoyant about prospects. “The industry may well crack the million mark. With the overall economic upturn, passenger cars can hope for a 20 per cent growth. In January, 93,010 cars were sold, which translates into 3,000 vehicles a day. This is an all-time record,” says Subbu.

Maruti Udyog managing director Jagdish Khattar says, “The Indian small-car market is today the second largest, next only to Japan’s. But we have only scratched the surface, India has the potential to be the manufacturing hub for small cars.”

Khattar has reason to be optimistic. His company has topped the charts in India with the bread-and-butter Maruti 800 registering sales of 138,507 units.

However, a million may still not be enough. Says Khattar, “Our auto industry lacks volumes. We are limited by the size of the domestic market. Unless we attain (economies of) scale, it will be difficult for us to achieve global standards of cost and quality.”
*******************
<b>In top gear</b>
Leading the Indian charge into the million era*

Maruti Udyog 377,000
Hyundai India 137,000
Tata Motors 121,000

<b>But we are miles behind</b>
United States 16,300,000
China 1,970,000
Brazil 1,300,000
<i>*Figures for Apr-Jan 2003-04</i>

[Guest]

<b>OICA STATISTICS 2003 PROVISIONAL FIGURES</b>

World Motor Vehicle Production

IN UNITS OICA correspondents survey

<b><span style='color:blue'>INDIA </span></b> <!--emo&:ind--><img src='style_emoticons/<#EMO_DIR#>/india.gif' border='0' style='vertical-align:middle' alt='india.gif' /><!--endemo-->

<b>MOTORVEHICLES : 2002 : 894,796 – 2003 :1,160,525 - % CHANGE : 30%

CARS---------------: 2002 : 703,948 – 2003 : 906,851 – % CHANGE : 29%

LIGHT COMMERCIAL
VEHICLES----------: 2002 : 79,404 --- 2003 : 100,161 - % CHANGE : 26%

HEAVY TRUCKS---: 2002 : 111,444--- 2003 : 153,513 - % CHANGE : 38%</b>

Cheers <!--emo&:beer--><img src='style_emoticons/<#EMO_DIR#>/cheers.gif' border='0' style='vertical-align:middle' alt='cheers.gif' /><!--endemo-->

[Guest]

http://www.nationmaster.com/country/in/Top-Rankings

http://www.nationmaster.com/country/in

[Guest]

<b>A dream car named Rampyari</b><!--QuoteBegin-->QUOTE<!--QuoteEBegin-->Gulab Parmar, a 25-year-old resident of Limbdi, a hamlet near Rajkot, has assembled a car that costs less than a motorbike!
Parmar has christened his two-seater Rampyari, which has the looks of a vintage car and runs on petrol.
Parmar, who has studied just upto class IX, always dreamt of possessing a car. Coming from a poor family, he knew that he could only fulfil his dream if he designed and made the car himself<!--QuoteEnd--><!--QuoteEEnd-->

[Guest]

Today I had chat with one of the leading Industrialist in Punjab.
New govt policy of Punjab/central will have long term effect on India’s growth especially for small scale Industry. Punjab is leader in small scale industry.
Govt have put restriction on electricity usage, because of this policy now they have to shut factories for two days per week. No double shifts are permitted (legally). They are unable to fulfill orders.
It is affecting business, plus temporary workers. They have to layoff 25% workforce.

Drought situation is under reported at this moment. No support from govt.
Punjab/Greater Punjab crop production may drop 50%.

Everyone is wishing for end of this govt, he is the person who actually funded congress candidate and now beating his head.

[Guest]

Driving Toward the $2,200 Car

<!--QuoteBegin-->QUOTE<!--QuoteEBegin-->India has 60 million vehicles on the road, 70 percent of which are scooters, mopeds, or motorcycles. Of its 7.6 million passenger cars, most are at least four years old. Now India's burgeoning middle class is itching to trade up. For automakers, that means big opportunity. And if their strategies to expand car ownership prove successful in India, similar techniques may also work in developing economies like Indonesia, Malaysia, and Vietnam.

<!--QuoteEnd--><!--QuoteEEnd-->

[Guest]

<!--emo&:thumbdown--><img src='style_emoticons/<#EMO_DIR#>/thumbsdownsmileyanim.gif' border='0' style='vertical-align:middle' alt='thumbsdownsmileyanim.gif' /><!--endemo--> <!--QuoteBegin-->QUOTE<!--QuoteEBegin--><b>Industries need State's nod for closure: SC </b>
New Delhi
In an order having a significant bearing on industrial relations, the Supreme Court has ruled that an industrial unit cannot be closed down without prior permission of the State Government even if its management and the workers union arrive at an agreement to this effect.

A bench comprising Justice N Santosh Hegde and Justice SB Sinha said that Section 25-N and 25-O of the Industrial Disputes Act was clear that <b>the employer, who wanted to close down the industrial unit or retrench workmen, must apply for prior permission of the State at least 90 days before the date of intended closure</b>.

"Obtaining a prior permission from the appropriate Government, thus, must be held to be imperative in character," Justice Sinha, writing for the bench, said.

The case pertained to closure of Oswal Agro Furane Ltd on the basis of an agreement between the management and the workers union and the question for determination before the court was that whether the prior permission of State was still a condition precedent despite the agreement.

Answering the question in the affirmative, the bench said, "Section 25-N and Section 25-O being imperative in character would prevail over the right of the parties to arrive at a settlement. Such a settlement must conform to the statutory conditions laying down a public policy."

An agreement which opposed public policy as laid down in terms of Section 25-N and 25-O of the act would be void and of no effect, it said.
<!--QuoteEnd--><!--QuoteEEnd-->

[Guest]

<b>LG to shut UK plant, to move to India</b><!--QuoteBegin-->QUOTE<!--QuoteEBegin-->LG can already make 300,000 microwaves in the western Indian city of Pune, according to the Indian newspaper.

LG Electronics has been moving operations from the UK to Pune since 2003, Sharp said. The company has said it plans to invest as much as $250 million in the next six years to expand its Indian business<!--QuoteEnd--><!--QuoteEEnd-->

[agnivayu]

<!--QuoteBegin-Mudy+Feb 15 2005, 11:29 PM-->QUOTE(Mudy @ Feb 15 2005, 11:29 PM)<!--QuoteEBegin--> <!--emo&:thumbdown--><img src='style_emoticons/<#EMO_DIR#>/thumbsdownsmileyanim.gif' border='0' style='vertical-align:middle' alt='thumbsdownsmileyanim.gif' /><!--endemo--> <!--QuoteBegin--><div class='quotetop'>QUOTE<!--QuoteEBegin--><b>Industries need State's nod for closure: SC </b>
New Delhi
In an order having a significant bearing on industrial relations, the Supreme Court has ruled that an industrial unit cannot be closed down without prior permission of the State Government even if its management and the workers union arrive at an agreement to this effect.

A bench comprising Justice N Santosh Hegde and Justice SB Sinha said that Section 25-N and 25-O of the Industrial Disputes Act was clear that <b>the employer, who wanted to close down the industrial unit or retrench workmen, must apply for prior permission of the State at least 90 days before the date of intended closure</b>.

"Obtaining a prior permission from the appropriate Government, thus, must be held to be imperative in character," Justice Sinha, writing for the bench, said.

The case pertained to closure of Oswal Agro Furane Ltd on the basis of an agreement between the management and the workers union and the question for determination before the court was that whether the prior permission of State was still a condition precedent despite the agreement.

Answering the question in the affirmative, the bench said, "Section 25-N and Section 25-O being imperative in character would prevail over the right of the parties to arrive at a settlement. Such a settlement must conform to the statutory conditions laying down a public policy."

An agreement which opposed public policy as laid down in terms of Section 25-N and 25-O of the act would be void and of no effect, it said.
<!--QuoteEnd--><!--QuoteEEnd--> <!--QuoteEnd--></div><!--QuoteEEnd-->
THe Indian Govt. is run by a bunch of dorks. No wonder the country didn't industrialize after 50 years of Secular rule. These secular liars are always insulting Hinduism as backward.

How come they are such incompetent buffoons that they couldn't modernise the country ?

Why is Modi's state one of the most Industrialized in India if Hindu Nationalists are backward, and commi's are supposed to be so forward thinking ?

Could it be Hindu Nationalism actually motivates people to get off their behind and work hard in a focused way?

[Guest]

Back to Congress-Commie's old golden days of India.
<!--QuoteBegin-->QUOTE<!--QuoteEBegin--><b>Industrial growth dips 4.9%  </b>
Agencies/ New Delhi

The latest index for industrial production (IIP) released on Tuesday put the growth in April-February 2004-05 to 8.1 per cent as against 6.9 per cent in the same period of previous fiscal.

In Feburary 2005, the mining sector showed a negative growth of 2.3 per cent as compared to a robust growth of 10.7 per cent in the same month of 2004.

While electricity sector showed a negative growth of 0.9 per cent in Feburary 05 as against 12.9 per cent growth in the same month of 04, the manufacturing growth slowed down to 6.2 per cent from 7.6 per cent last year.
<!--QuoteEnd--><!--QuoteEEnd-->

[Guest]

<b>Wal-Mart set to enter India</b>
Not good for India.

[Guest]

<b>India's Industrial Production Accelerates to 7.2%</b><!--QuoteBegin-->QUOTE<!--QuoteEBegin-->Production at factories, utilities and mines rose 7.2 percent from a year earlier compared with revised growth of 5.1 percent in February, the Central Statistical Organization said in a statement in New Delhi. The median of six forecasts in a Bloomberg survey was for a 6.3 percent gain. Industry grew 8 percent in the year ended March 31, the fastest since March 2000.

Faster industrial growth will help Asia's fourth-biggest economy attract the foreign investment it needs to create jobs and meet its 8 percent economic growth target. The government of Manmohan Singh says India needs to attract $150 billion in the next decade to build power plants and modernize its ports.
<!--QuoteEnd--><!--QuoteEEnd-->

[Guest]

<b>Fresh clashes in Gurgaon, teargas fired</b><!--QuoteBegin-->QUOTE<!--QuoteEBegin-->Trouble began when some 3,000 furious workers of Honda Motorcycles and Scooters India Ltd began protesting a lockout of their factory and the dismissal of some colleagues.

The workers took out a procession through the streets, and began confronting police while vandalising civic facilities, police vehicles and shops. Police then indiscriminately rained baton blows on workers leading to pitched battles.<!--QuoteEnd--><!--QuoteEEnd--><!--QuoteBegin-->QUOTE<!--QuoteEBegin-->Caught in the middle of the anger and confusion were Communist Party of India-Marxist leaders Brinda Karat and Nilotpal Basu, who were present at the venue to take stock of the situation.

"Criminal procedures should be initiated against those responsible (for the incident). The state government is responsible for whatever happened," Karat said.

"People have not voted for the police or the district administration. They have voted for the government. They should be answerable," she said.
<!--QuoteEnd--><!--QuoteEEnd-->
This is serious setback for future of manufacturing sector in North India.

[Guest]

Perfect fodder for Communists. What more they can ask for.

Surprising intransigence shown by the management. Instead of solving a trivial issue of late coming by a few with acumen, they behaved like typical <b>banias</b>.....
Japanese are already threatening this to be a blot on India's economic potential.

<b><<<Japan's ambassador to New Delhi warned that such incidents would damage India's image for investors.

"This is a disadvantage for India's image as an FDI (foreign direct investment) destination and also this is a negative image for Japanese business," Yasukuni Enoki told reporters. >>>></b>

Dear Japani Bhai.....do you remember head band wearing South Korean militant workers a trademark of S.Korean unionism....it could not stop S.Korea from becoming a developed country..have some patience.......

Don't blow it out of proportion...China is watching you guys !

[Guest]

Pioneer
<!--QuoteBegin-->QUOTE<!--QuoteEBegin--><b>It was all a CPI ploy </b>
Manning the barricades of the class struggle has been the subliminal fantasy of every Communist. Before he presided over some of the more telling examples of loutish proletarianism on the streets of Gurgaon last week, it is doubtful whether Comrade Gurudas Das Gupta's idea of revolution had extended to anything beyond encouraging over-unionised bank tellers to be rude to customers.   

Let's face it. When it comes to self-aggrandisement and perfidy, there is none to match the record of CPI. Since 1969, the entire basis of its politics has been parasitic. Till 1989, it banked on tyrants in the Soviet Union and its satellite states for junkets and nourishment. These days, to bolster its diminishing equity, it is not even averse to becoming an additional custodian of Beijing's interests in India. Till 1977, it maintained its parliamentary presence courtesy the charity of "progressives" in the Congress. After 1980, its presence in Parliament and the Vidhan Sabhas owes everything to either the CPI(M) or regional satraps.

Those who trembled at Comrade Das Gupta's threat of "far-reaching consequences" or smirked at his comic effrontery should be mindful that he heads the parliamentary wing of a party that is incapable of winning even a single Assembly and Lok Sabha seat on its own steam. The CPI is so pathetic that Bhupinder Singh Hooda's earthy administration didn't even consider it politically worthwhile to credit it with the Gurgaon disturbances.

It has become obligatory to preface any assessment of the Gurgaon disturbances with a full-throated condemnation of an over-zealous Haryana Police. There is no doubt that the crowd-control techniques of the local administration were somewhat archaic and a throwback to the early years of the previous century. However, it is undeniable that the Haryana Police was far less brutal than, say, the French and Italian police in their operations against English football hooligans. In any case, their methods were remarkably effective. By penning the unruly mob into a small area, the administration prevented a demonstration from degenerating into a riot, as was the intention of the trade union leaders.

Despite being called Honda's "dalal", the Hooda Government deserves credit for nipping militant trade unionism in the bud. The dispute at the Honda Motorcyle (HMSI) factory wasn't about pay and working conditions. A company that awards a Rs 3,000 across-the-board pay hike in April to its 1,800-strong workforce cannot be accused of primitive exploitation. It was a straight-forward political dispute centred on the recognition of a CPI-run trade union.

The Communists were aware that the outcome of this battle would have a bearing on the future of militant trade unionism in the entire belt. The CPI-controlled AITUC planned to use its affiliated union in the Honda works as a springboard for expansion in the entire automobile and auto-ancillary sector in Haryana. I have little doubt that it would have triggered an atmosphere of strife whose impact would have even been felt by the BPO sector. Those who have witnessed the havoc created by militant trade unionism in, say, West Bengal and Maharashtra and are familiar with the corrupt ways of labour leaders, will know that the issue involved in Honda was more than the simple recognition of a union. At stake was the management's right to manage.

Militant trade unionism of the sort practised by Communists has invariably led to managements losing control over the shopfloor. With union bosses exercising control over the levers of production, industrial relations have been reduced to simple extortion. If the company has the ability to endure bleeding, it pays up, alternatively the loss of profitability leads to closure. Whether in Kolkata, Mumbai, Kanpur or Ahmedabad, the industrial wastelands of India serve as permanent memorials to militant trade unionism.

Gurgaon was a timely warning. Either we stop the likes of Das Gupta holding industry to ransom or we pave the way for China becoming the unchallenged global hub for manufacturing and services. Upholding India demands we clobber the saboteurs and the enemy within. 
<!--QuoteEnd--><!--QuoteEEnd-->

[Guest]

Pioneer
<!--QuoteBegin-->QUOTE<!--QuoteEBegin--><b>Toyota to increase production </b>
PTI \Kolkata 
Toyota Kirloskar Motor, which manufactures Toyota cars in India, would increase production capacity in the coming years.

Director (Marketing) of Toyota T Ino told reporters here on Saturday that last year, the <b>company sold 36,000 units of Qualis, 10,000 Corolla and 1000 Camry</b>. In the current year, the target was to sell 40,000 units of Innova, 10,000 units of Corolla and 1000 units of Camry.Talking about Corolla sales, he said that global sales of the model increased by 10 per cent to 1.2 million units, while in <b>India, the growth was 25 per cent</b>.<!--QuoteEnd--><!--QuoteEEnd-->

[Guest]

<!--QuoteBegin-->QUOTE<!--QuoteEBegin--><b>Govt approves $23m BMW plant  </b>
Pioneer News Service / New Delhi
The Indian government on Friday cleared a Rs 100 crore ($23 million) investment proposal by German luxury car maker BMW to set up a plant in Tamil Nadu to assemble cars from kits.

The investment by the Munich-based firm in BMW India Pvt. Ltd., set up in 1997, was among 30 foreign investment proposals worth 1.81 billion rupees cleared by Finance Minister Palaniappan Chidambaram in sectors ranging from chemicals to broadcasting.

India, which had sales of 1 million cars last year, is seen as an important emerging market by U.S. and European car makers, and many are raising capacity in the country both to meet growing domestic demand and to use it as an export base. Most of the FDI proposals cleared by Finance Minister P Chidambaram pertained to manufacturing, petroleum, chemicals and petrochem, trading, IT and railways sectors.

EAC Industrial Ingredients of Singapore was permitted to invest Rs 30 crore for setting up a 100 per cent trading arm in India. 
<!--QuoteEnd--><!--QuoteEEnd-->

[Guest]

<!--QuoteBegin-->QUOTE<!--QuoteEBegin--><b>Tatas to set up $9.1b steel and power plant in Jharkhand  </b>
Reuters / Kolkata
The Tatas, India's second largest business group, plans to invest 400 billion rupees ($9.1 billion) to set up a steel mill and a power plant in the eastern state of Jharkhand, the chief minister said. The group plans to set up a 12 million tonne steel mill, a 2,500 megawatt power project and a township in the mineral rich state, Arjun Munda told reporters late on Monday.

"The memorandum of understanding will be signed this week," Munda said. He did not give details on the time frame. The board of Tata Steel Ltd., India's largest private sector steel maker, has already cleared a proposal to invest up to $8 billion to set up an integrated steel plant in Jharkhand.

<b>Shares of the company were trading unchanged at 405 rupees in a flat market. Munda's announcement comes after a source told Reuters last month that Mittal Steel Co., the world's largest steel maker, had put in a proposal to build a 12 million tonne steel plant at the cost of $11.4 billion in the newly formed state.</b>

Companies are looking to set up plants in India, drawn by robust demand in Asia's third largest economy forecast to expand about 7 percent this year after averaging 7.7 percent growth in the past two years. India offers steel making and mining firms affordable labour costs and the world's third largest deposits of coal and iron ore.

In June, POSCO, the world's fifth largest steel maker, signed a deal to set up a $12 billion steel project. It was granted 30-year mining rights by eastern Orissa state to supply 600 million tonnes of iron ore to the new plant. 
<!--QuoteEnd--><!--QuoteEEnd-->

[Naresh]

<b><span style='font-size:13pt;line-height:100%'>SOCIETY OF INDIAN AUTOMOBILE MANUFACTURERS : 2004-2005 FIGURES</span></b>

<b>PRODUCTION : 8,460,648</b>

<b>DOMESTIC SALES : 7,896,475</b>

<b>EXPORTS : 629,887</b>

Cheers <!--emo&:beer--><img src='style_emoticons/<#EMO_DIR#>/cheers.gif' border='0' style='vertical-align:middle' alt='cheers.gif' /><!--endemo-->