'Coordination among stakeholders needed to boost mfg'
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'Coordination among stakeholders needed to boost mfg'

Last Updated: Tuesday, June 12, 2012, 21:29
 
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'Coordination among stakeholders needed to boost mfg'
New Delhi: There is an urgent need for improving coordination among the government, the industry and other stakeholders to strengthen manufacturing in the country, a Planning Commission member said Tuesday.

"There is an urgent need for improving the coordination and collaboration among various stakeholders, including the government, the industry and the civil society to accelerate manufacturing sector in the country," Planning Commission Member (Industry) Arun Maira said at an Assocham event here.

The strategy used in growth of the sector has not led to adequate development and there is a need to improve our manufacturing ecosystem, he said.

"We need to go through the systems of countries that are strong in manufacturing and collaborate with all the stakeholders including the government to remove the hindrances and strengthen the domestic manufacturing," he added.

Pratyush Kumar, President and CEO, GE Infrastructure India said there is a need for skill development as India has only limited labour resources for highly engineered products.

"Besides there is a huge amount of energy paucity and lack of access to infrastructure and logistics ... Biggest roadblock to manufacturing in India," he said at the event.

PTI


First Published: Tuesday, June 12, 2012, 21:29


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