BHEL Small Industries' Association (BHELSIA) favours periodic meeting of its members with the parent company's outsourcing department for performing to the expectations of the latter.
Vendors should meet the outsourcing department officials for guidance and support with exact facts and figures, BHELSIA President Rajappa Rajkumar said, addressing the valediction of an Entrepreneurship and Skill Development Programme on Fabrication Engineering at the R.K. Trust Conference Hall on Wednesday. The programme was jointly organised by the Periyar TBI, Vallam, and the R.K. Entrepreneurship and Skill Development Centre, under the aegis of National Institute for Micro, Small and Medium Enterprises.
Attributing the high quality of fabrication works in Tiruchi to the presence of BHEL, Mr. Rajappa Rajkumar advocated acceleration of operations for ensuring satisfactory profit margin. He assured to mobilise small units into clusters so that they could derive the maximum benefit of common facility centres that have been proposed with attractive subsidy components under government schemes, he said.
Handing over the certificates to the participants, D. Ashokan, Additional General Manager - Outsourcing, BHEL, observed that the challenge was not in starting fabrication business, but in sustaining it.
Stagnancy of a large section of ancillary industries did not augur well with the BHEL's pace of growth, he said, calling for a higher sense of involvement on the part of owners.
All that was expected of the vendors was conversion of materials, he said, exhorting the ancillary units to concentrate on growth. Good margins could be ensured by avoiding rework, which, he pointed out, reduced the profitability of business due to wastage of time and consumables.
P. Veerabadran, Branch Manager, Small Industries' Development Corporation, explained the schemes of entrepreneurship, particularly for women.
The General Manager of District Industries' Centre S. Kandasamy said there was an encouraging patronage for the Unemployed Youth Employment Generation Programme in the district, and requested industry associations to come out with projects for creating industry clusters.
C. Ramaswamy Desai, Project Director, Periyar TBI, explained the scope for entrepreneurship in banana fibre extraction in Tiruchi region which accounts for high quantum of banana crop.
N. Kanagasabapathy, Managing Trustee, R.K. Trust, urged prospective entrepreneurs to approach entities like Women Entrepreneurs' Association of Tamilnadu (WEAT) and Tiruchi District Tiny and Small Scale Industries' Association without any inhibitions for effective fructification of their projects.