Tuesday, March 16, 2010
Indian manufacturing could be a low cost base to global companies
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
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