Industries hail competitiveness council formation

Staff Reporter

COIMBATORE: Industrial associations here have welcomed the formation of a State Manufacturing Competitiveness Council under the Chairmanship of the Deputy Chief Minister M. K. Stalin for the manufacturing sector.

According to President of the Indian Chamber of Commerce and Industry, Coimbatore, Mahendra Ramdas, Tamil Nadu is the first State to announce a policy for the micro, small and medium enterprises.

The announcement of the council comes at the right time and it will give a fillip to the manufacturing units.

With globalisation, the manufacturing sector in the country has several opportunities.

The units also face challenges as they try to become globally competitive.

The Government has a critical role in upgrading infrastructure for the industries, reducing cost of basic utilities, developing better technology and building skills.

Labour shortage

The industry is facing severe labour shortage as the workforce is moving out of the formal sector to the unorganised sectors.

The council should address this issue on a priority basis and enhance the competitiveness of the manufacturing sector.

President of the Coimbatore Industrial Infrastructure Association C.R. Swaminathan said the association welcomed the constitution of the Tamil Nadu Manufacturing Competitive Council, which has members from the Government, private sector and academic institutions.

The council should focus on areas of common interest. It should aim at making the manufacturing sector in the State more competitive with initiatives such as skill development and lean manufacturing.

It will also work towards efficiency improvement and productivity enhancement.