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dark clouds:CII-Tamil Nadu Council chairman N.K. Ranganath interacting with managing director, Mahindra Submersible Pumps, Jayakumar Ramdass (second from left), group technology director, India Pistons, R. Mahadevan, and chief operating officer, Renault India, Sudhir Rao (right), at a panel discussion in Chennai on Wednesday.
CHENNAI: Tamil Nadu should compete globally and not merely with neighbouring States or other States in the country, select top five issues and solve them within a timeframe and be competitive on a sustainable basis, said speakers at an interactive session on ‘Tamil Nadu Manufacturing Outlook 2011-12' on Wednesday.
Chairing the interactive session organised by the Confederation of Indian Industry (CII), India Pistons Ltd group technology director R. Mahadevan said that dark clouds were on the horizon and growth rate was slowing down. It required immediate attention of the State government to make Tamil Nadu climb back to the growth rate of the past.
He also said that the performance of leather and foundry in a cluster format was better than that of individuals. They have to climb up in value addition and improve the productivity as they were important contributors to the State economy.
Presenting a bleak picture, CII-Tamil Nadu council chairman, N.K. Ranganath, said: “Tamil Nadu's growth is ranked fourth among the Southern states. Industrial production growth rate in Tamil Nadu has been stagnating at around 11 per cent and factors such as infrastructure, employment cost and cost of finance need to be addressed.
“We have serious issues with infrastructure and governance. Input costs have gone up. Our vision is short-sighted. Every successive government draws up development plan for five years. It should be for 25 years, otherwise, we will slip from the position of being a leader in different sectors.”
Availability of labour
Sudhir Rao, chief operating officer, Renault India, called for continuous availability of low-cost labour on a regular basis and greater interface between industry and academia to deliver industry-fit workers.
“We need human infrastructure. Instead of making people move from one place to another, we should develop townships at Tambaram, Chengalpattu and Oragadam and convert those into self sustaining cities,” he said.
Mr. Rao also said industry and government should pick up five issues and accomplish them within a stipulated period. The issue and progress should be put on a joint website.
Mahindra Submersible Pumps managing director, Jayakumar Ramdass, said Micro, Small and Medium Enterprises have not derived the benefits due to lack of awareness among the entrepreneurs about the schemes.
India Nokia Siemens Networks head of manufacturing operations, Satendra Singh, said to sustain the growth of electronic component sector, steps should be taken to attract manufacturers of semi conductor, high quality precision metals and printed circuit boards.
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