The first meeting of the FICCI manufacturing panel  at hotel Park in September 2009.I was appointed the convener of FICCI Manufacturing panel  with the following objective:

The aim of the Manufacturing Panel is to work towards making Indian manufacturing globally competitive.

Manufacturing sector contributes significantly to GDP growth, employment generation and overall economic development and efforts would be to identify opportunities before us.

The Committee also aims to identify factors hampering industrial growth and seeks to redress these factors.

I made the following observations as part of my presentations :

There is tremendous potential in Tamil Nadu to grow and excel.TN draws third highest FDI in India, sees 8% growth in GDP , second in IT , with USD 62 B TN is the fastest growing state in India.

FDI into manufacturing sector in India is only about 10% of that of China

Opportunities before us : Offset programme , Aero park, MRO ,Component sourcing.

Rule of competition is changing from Company Vs Company to Supply chain Vs Supply chain – managing collaboration is therefore the key

Can TN be the global design and R&D hub ?

Can TN be the destination for Design to Build ?

The panel is under the guidance of Mr P Murari , IAS(Retd) and the Ex Secretary to the President ,Government of India.He is a great inspiration – a man full of energy and ideas .Several luminaries of the industry at the CXO level  are part of the panel and a few senior bureaucrats of the state with deep understanding of manufacturing competitiveness have been inducted in the panel as special invitees.KPMG is the knowledge partner .

Hope we can make some contributions to the economy.