There isn’t an Indian way of doing things, although the country’s manufacturers have shown that they can make small batches of products in a
cost competitive manner. This only proves India’s competitive strength lies in ‘frugal engineering’, a phrase coined by Franco-Japanese automaker chief, Carlos Ghosn.
Since Indian manufacturing lacks the scale that China has, it needs to evolve its own model, Satish Sekhri, managing director, Bosch Chassis Systems, said.
He was emphatic that Indian industry should evolve a unique method, which takes into account our social fabric, sensibilities and competencies. Indian manufacture is able to make small batches with a large variety.
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http://economictimes.indiatimes.com/news/news-by-industry/auto/automobiles/Low-cost-lends-edge-to-Indian-manufacturing/articleshow/5655931.cms
Tuesday, March 16, 2010
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