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Innovative interventions required in select manufacturing sectors to make them globally competitive. Proposal Central Mon itoring Services. Summary Findings. Vigyan Bhawan, New Delhi 13 th March 2014. Project Objectives & Scope. Objectives:
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Innovative interventions required in select manufacturing sectors to make them globally competitive ProposalCentral Monitoring Services Summary Findings Vigyan Bhawan, New Delhi 13th March 2014
Project Objectives & Scope • Objectives: • To identify the critical manufacturing processesin the identified sectors* • To identify the bottlenecks in the manufacturing processes of the identified sectors* • Innovative interventionsrequired to overcome the bottlenecks for attaining global competitiveness in the identified sectors* • Scope of Work • Identify parameters influencing the competitiveness of the identified sectors* • Study the existing status of the identified manufacturing sectors* w.r.t competitiveness • Benchmarkingwith international standards & norms • Identification of innovative interventions in the manufacturing sectors*, e.g. interventions relating to technology, design, quality, automation, energy optimization, green production, etc. • Recommendations and framework for promotion of innovation in select manufacturing sectors* for global competitiveness * Manufacturing Sectors – Focus Sectors identified in the Report of the PM’s Group on Ensuring Growth of the Manufacturing Sector – September, 2008, compiled by NMCC.
Project Framework – Overall Global Competitiveness Cost Differentiation Customer Focus Policy & Regulatory Firm Industry Scalability Macro-economic Industry Concentration Cost efficiency Regulatory Industry Maturity Productivity optimisation Industrial Policy International Exposure Trade Policy Quality excellence Fiscal Policy Sustainability Investment Policy
Competitiveness - Firm Level Tools Tools for Competitiveness Source: COMpro (Competence Protocol), tool developed by D&B expert
Framework – Competitiveness & Innovation Increased global competitiveness and welfare through broadly based innovation Benchmarking results on key competitiveness parameters Improving the productivity, efficiency, quality and value of Indian manufactured products in sync with customers’ requirements Identification of processes, benchmark countries, performance gaps and improvement potential Knowledge creation and commercialization Inclusive Innovation Knowledge diffusion and absorption Policy Regulations Infrastructure Areas of innovative interventions for various stakeholders including Govt., industry & firm R&D Skill Financing Process Technology Collaboration Note: Adapted from World Bank Report “Unleashing India’s innovation towards sustainable & inclusive growth”
Selected Sectors, Industries/Segments, Processes & Benchmark Countries