'India at centre stage of manufacturing sector'

C P Rangachar, managing director of Yuken Indian, said, industries have a lot of processes to follow to achieve excellence as the whole world’s focus is on Indian manufacturing sector, which holds a lot of promise.

He was speaking at the inaugural function of the conclave on ‘Excellence through people, growth and innovation’, organised by the Confederation of Indian industry (CII), Mysuru centre here on Thursday.

“Every industry wants to achieve excellence and follows several processes. It is a fact that every process involved in it may not carry any value. However, the firms should learn to eliminate processes that do not add any value to the fundamentals. TPM and theory of constraints too have been part of the road to success of many companies as they are known to have benefited the firms at large,” he said.

Rangachar, who said that lack of skills will hit the industries badly in future, called upon the businessmen to overcome all obstacles.

Managing director of Foley Designs, Michael Foley, delivered the keynote address on ‘Design and Engineering – a precursor   to manufacturing’. Stressing on the necessity to combine manufacturing with interesting designing, he said, Indian industries should build a culture that breathes in good design-based thinking.

He spoke about perfection in designs and innovativeness and stated that it is fun when the two go hand in hand. “One only needs to see opportunities even before they come and that is where design can play a vital role. One should see a lot more in the innovation ecosystem. And innovation is not just a word but is an amalgamation of all the processes that can collectively bring things alive. One will never get anything right for the first time. One needs to attempt repeatedly, not compromise and go ahead, to build anticipatory thinking to reach out to better places. Design is just a small part but holds a genuine value in the right manufacturing,” he said.

Hemanth Sikka, chief purchase officer of Mahindra and Mahindra, and N Muthukumar, CII chairman, were present.