Events of the last few years have seen major disruptions in global supply chains and has resulted in many international enterprises look elsewhere for product manufacturing or sourcing. Such enterprises have sought to connect with many an industrial plant in India to ensure continuity of supplies. The Indian manufacturing sector is backed by one the largest pool of engineers some of whom are top industrial consultants in their own right.
India has a solid industrial base that makes it rank, according to UNIDO, 6th in the world with Manufacturing Value Added (MVA) of $473 billion in 2018. This also results in India’s base being equal to the combined manufacturing of Asia’s large manufacturing rich countries like Indonesia, Thailand, Malaysia and Philippines
Much of Indian manufacturing is entrepreneur led. This results in a better cost control as compared to other countries. Top industrial consultants in India are amongst the best and they have played a major role in increasing efficiencies. Mckinsey has estimated that India has 11 manufacturing areas that will contribute $320 billion more in gross value added (GVA) in the next seven years
Many of India’s entrepreneurs have relied on product manufacturing consultants to devise systems and process that have value added to the entire industrial process giving these entrepreneurs of becoming competitive in the international arena.
These professional breed of highly qualified and competent manufacturing consultant firms in India have provided valuable guidance and inputs towards, Raw material procurement and setting quality control measures right across the supply chain up to the finished product.
Indian owners of manufacturing plants are either first generation or second generation of entrepreneurs. They take a lot of pride in their profession and the quality of their end products. Many of them have been educated overseas and have exposure to global markets. It is mainly because of this outlook that they are not shy of approaching manufacturing consultants whenever they wish to increase their product portfolio.