Contents of my address as "Guest of Honour" at Launch of DY Patil "Centre of Excellence" Pune

1. Employment Outlook for
Mining and Manufacturing
Industry
--Vipul Saxena

2. INDIA’S FUNDAMENTALS FOR ECONOMY
AND CURRENT ECONOMIC SCENARIO
 India is rich of natural resources especially in Iron
Ore, Bauxite, Copper, Coal and Thorium which
assures the projected industrial growth
 India had 7-9% growth in past 15 yrs due to strong
fundamentals irrespective of Cong /BJP rule.
 Current Economic crisis of approx 5.0% growth in Q1,
out of which 2.6% was from IIP and 4.8% Fiscal
Deficit. Current Account Deficit too is huge due
various major policy decisions on hold, which virtually
neutralises growth achieved and Forex reserve don’t
grow.

3. INDIA’S FUNDAMENTALS FOR ECONOMY
AND CURRENT ECONOMIC SCENARIO ..1
 Whether Cong or BJP at the helm, Year 2014 will certainly
force ruling Govt to bring reforms i.e Land Acquisition Bill etc
expected by Industry which will resume momentum to
industrial growth.
 Once Govt releases Coal blocks, over all Manufacturing
and Power sector will get boost.
 India has 30% Thorium reserves of the World while barely
2% Uranium Reserve.
 Concentration of Thorium in sample of same weight of
Uranium is double & more. Hence, it releases much higher
nuclear energy than Uranium.
 Currently we depend on import of Uranium while once we
have Thorium based Reactors we will not only be Power
Independent but our Forex reserves also will improve.

4. OUTLOOK OF INDIAN MANUFACTURING
SECTOR
 India's manufacturing sector has the potential to
create up to 90 million jobs by 2025. Today, the
sector generates about 45 million jobs, 80 per
cent of which are in the unorganised segment.
 Manufacturing sector recorded a year-on-year
(y-o-y) growth at approx 2.6 per cent in Q1.
 The economic survey indicates that exports
orders came in April 2013 at a faster pace.

5. INVESTMENT HIGH LIGHTS OF MANUFACTURING
SECTOR IN INDIA
 Birla Plans to invest US$ 1 bn in Chemical Plant in India
of American MNC
 Cadbury India to invest INR 1000 Cr in Plant in AP
 Tenneco Opens Chrome Plating facility
 Govt to fund start ups in Electronics spaces
 Electrotherm launches advanced induction furnace unit
 Assam petrochemicals to invest INR 1028 Cr in Methanol
and Acetic Acid Plant in Assam
 Italian Tractor major to invest INR 1100 Cr in India
 Isuzu to invest INR 1000 Cr in Unit to assemble SUV,
Truck in India

6. INVESTMENT HIGH LIGHTS OF MANUFACTURING
SECTOR IN INDIA ….1
 Bosch Rexroth, manufacturer of hydraulic
components and systems has commenced
operations at its new plant in Sanand with an
investment of Rs 280 crore (US$ 49.07 million).
 Japanese electronics goods major Panasonic
Corporation has decided to invest Rs 1,500
crore (US$ 262.89 million) in India over 2013-
16.
 Panasonic aims to increase the contribution of
local manufacturing to as much as 60 per cent
of overall sales from the current 46 per cent.

7. INVESTMENT HIGH LIGHTS OF MANUFACTURING SECTOR
IN INDIA …2
 The Netherlands-based coordinated design bathroom
company Coram International, is set to commence
operations in India from July 2013. The company
plans to set up a manufacturing facility for its flagship
products in India as it foresees a good potential.
 Helical Auto Technology India Pvt Ltd, a subsidiary of
the UK-based Helical Technology Ltd, has recently
established a modern manufacturing unit in Pune at
an investment of around Rs 16 crore (US$ 2.80
million). The new plant would have an annual
installed capacity of four million units.

8. INVESTMENT HIGH LIGHTS OF STEEL MANUFACTURING IN
INDIA
 Tata Steel to launch 30 new products in Europe by
2017
 Nation’s largest blast furnace of SAIL goes on stream
 Tata Steel wins order to supply rails to link Mecca-
Medina
 Arcelor Mittal gets 2000 acres to set up huge capacity
integrated steel plant in Bellary
 Electrotherm launches advanced induction furnace
unit in Gujrat
 RINL –MECL to jointly commence exploration of Iron
Ore and Coal

9. INVESTMENT HIGH LIGHTS OF CEMENT MANUFACTURING
SECTOR IN INDIA
 Barring Pvt Ltd to take 14 % stake in indian Unit of
Lafarge
 Chinese Cement Equip maker buys stake in Chennai
based LNV Technologies
 Dalmia Cement to invest INR 1800 Cr in Karnataka
 Ambuja Cements to invest INR 2000 Cr in Rajasthan
& North India
 India Cement to invest INR 750 Cr in TN Unit
 Reliance Cement Company Pvt Ltd (RCC), Nagpur,
commenced production of cement

10. 20 BUSINESS RISKS IN MANUFACTURING
& MINING SECTOR

11. 20 FUTURE BUSINESS RISK IN
MANUFACTURING & MINING SECTOR..1

12. FUTURE PICTURE
 India is set to become the second largest
economy in manufacturing by 2017, followed by
Brazil as the third ranked country.
 Manufacturing exports from India could increase
from US 40 billion in 2002 to about US$ 300 billion
in 2015. Such an expansion would make India
grab a share of approximately 3.5 per cent in the
world manufacturing trade.
 Future Metals which would dominate the world
market would be Aluminium and Copper
 Thorium will be future Source of Energy

13. GOVERNMENT INITIATIVES TO BOOST MANUFACTURING
SECTOR
 The Indian Government has set a target to bring in
investments of about US$ 100 billion in the
electronic equipment manufacturing industry by
2020, through its ‘National Policy on Electronics
2012’.
 The Government to provide up to Rs 10,000 Crore
(US$ 1.75 billion) as Tax Holidays to the industry
between 2012 and 2017 for promoting the
production of electronics products and components
 Andhra Pradesh will soon get its third National
Investment Manufacturing Zone (NIMZ) in
Prakasam district.

14. HUMAN RESOURCE NEEDS FOR INDUSTRY
 Techno Commercial man power
 Multi Skilled man power
 Employees who have focus on cost effective
operations and have exposure in Best
Practices e.g TPM, Lean Manufacturing, Six
Sigma, Kanban etc

15. FUTURE PICTURE
 India is set to become the second largest
economy in manufacturing by 2017, followed by
Brazil as the third ranked country.
 Manufacturing exports from India could increase
from US 40 billion in 2002 to about US$ 300 billion
in 2015. Such an expansion would make India
grab a share of approximately 3.5 per cent in the
world manufacturing trade.
 Future Metals which would dominate the world
market would be Aluminium and Copper
 Thorium will be future Source of Energy