Leveraging on India: Best Practices Related to Manufacturing, Engineering, and It

By S. Chandrasekar

If youre in the manufacturing business, youd be foolish not to look to India as a center for production.
The country is well positioned to produce labor-intensive, high-volume products at a fraction of the price that they can be produced in the United States and elsewhere. Whether its raw castings, machined castings, forgings, fabrication parts, or something else, India should be part of your business plan.
Its not just the extreme differential in wages that should convince you to do business in India: Suppliers there remain committed to protecting the intellectual property rights of Western countriessomething that is sorely missing elsewhere.
There are, however, challenges to doing business in India that youll need to navigate. For instance, many Indian entrepreneurs do not deliver on promised delivery dates, and delays can be frustrating. But as costs in India continue to stay low or even go downand as costs elsewhere continue to go updoing business in India makes sense.
Filled with charts, statistics, comparisons with other countries, and insights on Indias culture and people, Leveraging on India is an important resource for anyone in the manufacturing business.

• Language: English
• Publisher: Partridge Publishing India
• Release date: Feb 24, 2016
• ISBN: 9781482867084

S. Chandrasekar

S. Chandrasekar, also known as “Chennai Chandra,” is a professional engineer and charted financial analyst. An alumnus of BITS, Pilani, and the Indian Institute of Management, Trichy, he has trained people throughout the world on best practices related to manufacturing, quality, finance, and global sourcing. He works for the TVS group.

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Copyright © 2015 by S. CHANDRASEKAR.

ISBN:      Softcover      978-1-4828-6709-1

                eBook           978-1-4828-6708-4

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What Is the Best Fit for India?

1. If your business is related to manufactured goods, the candidates that suit India well are labour-intensive, high-volume products. The commodities in this category are raw castings, machined castings, forgings (both raw and machined), fabrication parts, and industrial chains. The average labour rate in India is around two