MAKE IN INDIA - MIT School of Management€¦ · to great heights with exemplary progress ... given...

MAKE IN INDIA

"India Today...

...World Tomorrow"

I strongly believe & support the entrepreneurship for the nation. The call given by Hon’ Prime Minister Narendra Modi to “Make In India” is the need of an hour.

Friends, you have energy, will-power & innovative ideas that can make you Entrepreneur. I always believe, science and religion will bring peace in mankind. Being a responsible citizen of India, you need to be physically fit, mentally alert, intellectually sharp & spirituality elevated.

You are the bright future of the nation with immense patriotism beating in your hearts and you are the one’s to take our Mother India to great heights with exemplary progress making it a golden bird. “Make In India” is that idea which will help you achieve this goal.

I congratulate the ‘Vihaan’ team for selecting this theme for this year’s VIHAAN which will motivate you and make this national initiative a grand success in the future years. The values that MIT School of Management inculcates in you will guide you to achieve that day when you all will take India to its pinnacle of glory.

Founder father of the family,

Prof. (Dr.) Vishwanath D. KaradFounder, Executie President and Managing Trustee,

MAEER’s MIT Group of Institutions, Pune

Take up one idea. Make that one idea your life; dream of it; think of it; live on that idea. Let the brain, the body, muscles, nerves, every part of your body be full of that idea and just leave every other idea alone. This is the way to success, and this is the way great spiritual giants are produced. - Swami Vivekananda.

Go for it now. The future is promised to no one. - Wayne Dyer

I strongly believe & support the entrepreneurship for the nation. The call given by Hon’ Prime Minister Narendra Modi to “Make In India” is the need of an hour.

Friends, you have energy, will-power & innovative ideas that can make you Entrepreneur. I always believe, science and religion will bring peace in mankind. Being a responsible citizen of India, you need to be physically fit, mentally alert, intellectually sharp & spirituality elevated.

You are the bright future of the nation with immense patriotism beating in your hearts and you are the one’s to take our Mother India to great heights with exemplary progress making it a golden bird. “Make In India” is that idea which will help you achieve this goal.

I congratulate the ‘Vihaan’ team for selecting this theme for this year’s VIHAAN which will motivate you and make this national initiative a grand success in the future years. The values that MIT School of Management inculcates in you will guide you to achieve that day when you all will take India to its pinnacle of glory.

Founder father of the family,

Prof. (Dr.) Vishwanath D. KaradFounder, Executie President and Managing Trustee,

Take up one idea. Make that one idea your life; dream of it; think of it; live on that idea. Let the brain, the body, muscles, nerves, every part of your body be full of that idea and just leave every other idea alone. This is the way to success, and this is the way great spiritual giants are produced. - Swami Vivekananda.

Go for it now. The future is promised to no one. - Wayne Dyer

If you’re trying to achieve, there will be roadblocks. I’ve had them; everybody has had them. But obstacles don’t have to stop you. If you run into a wall, don’t turn around and give up. Figure out how to climb it, go through it, or work around it. - Michael Jordan

Encouragement from the dynamic leader

Prof. Rahul V. KaradVice President

Today the entire World is looking towards Asia, especially India and its time for us “Make in India” focus at. It is utmost necessary for the youth to be well aware of such national initiatives. So my young friends arise and support “Make In India”. It will be only through relentless efforts we all can revive the resplendence of our motherland.

India is youngest population country. Youth who is innovative and having ability to take risk can surely contribute to the call given Hon’ Narendra Modi, Prime Minister of India.

It has been a great initiative by the ‘Vihaan’ team by taking it up as the theme. I want to congratulate the team for their relentless efforts to publish this year’s issue with the theme ‘Make in India’ and I firmly believe that this edition will provide a huge value addition to the readers.

The price of success is hard work, dedication to the job at hand, and the determination that whether we win or lose, we have applied the best of ourselves to the task at hand. - Vince Lombardi

“You don’t have to be great to start, but you have to start to be great.” - Zig Ziglar

Source of Encouragement

Prof. Dr. Sayalee GankarDirector, MIT School of Management

FROM DIRECTOR

Starting is the most important part of success, even though finishing is often thought of as having arrived. You only know what will really happen when you start moving towards your goal and deal with these challenges as you come upon them.

I am delighted to put forth the edition of Vihaan for the academic year 2014-15 based on the theme ‘Make In India’. The economy of India is growing rapidly and this initiative by honorable Prime Minister Mr. Narendra Modi will help to boost it. I am glad that such a topic was selected by the Vihaan team as it is essential for the youth to know about Make in India.

We constantly encourage our students to try and contribute for the betterment of the society in whichever way possible and Vihaan is one of our initiatives to do the same.

I am sure this topic will help everyone understand what ‘Make in India’ is all about. We consider our students as an integral partner in all our future endeavors and we expect your full cooperation in our functioning.

I specially thank to industry authors and members of Academic Advisory Board of MITSOM for writing article on the theme.

If you’re trying to achieve, there will be roadblocks. I’ve had them; everybody has had them. But obstacles don’t have to stop you. If you run into a wall, don’t turn around and give up. Figure out how to climb it, go through it, or work around it. - Michael Jordan

Encouragement from the dynamic leader

Prof. Rahul V. KaradVice President

Today the entire World is looking towards Asia, especially India and its time for us “Make in India” focus at. It is utmost necessary for the youth to be well aware of such national initiatives. So my young friends arise and support “Make In India”. It will be only through relentless efforts we all can revive the resplendence of our motherland.

India is youngest population country. Youth who is innovative and having ability to take risk can surely contribute to the call given Hon’ Narendra Modi, Prime Minister of India.

It has been a great initiative by the ‘Vihaan’ team by taking it up as the theme. I want to congratulate the team for their relentless efforts to publish this year’s issue with the theme ‘Make in India’ and I firmly believe that this edition will provide a huge value addition to the readers.

The price of success is hard work, dedication to the job at hand, and the determination that whether we win or lose, we have applied the best of ourselves to the task at hand. - Vince Lombardi

“You don’t have to be great to start, but you have to start to be great.” - Zig Ziglar

Source of Encouragement

Prof. Dr. Sayalee GankarDirector, MIT School of Management

FROM DIRECTOR

Starting is the most important part of success, even though finishing is often thought of as having arrived. You only know what will really happen when you start moving towards your goal and deal with these challenges as you come upon them.

I am delighted to put forth the edition of Vihaan for the academic year 2014-15 based on the theme ‘Make In India’. The economy of India is growing rapidly and this initiative by honorable Prime Minister Mr. Narendra Modi will help to boost it. I am glad that such a topic was selected by the Vihaan team as it is essential for the youth to know about Make in India.

We constantly encourage our students to try and contribute for the betterment of the society in whichever way possible and Vihaan is one of our initiatives to do the same.

I am sure this topic will help everyone understand what ‘Make in India’ is all about. We consider our students as an integral partner in all our future endeavors and we expect your full cooperation in our functioning.

I specially thank to industry authors and members of Academic Advisory Board of MITSOM for writing article on the theme.

The MIT School of Management has a vision of being in the forefront of providing a cutting edge to the management education across the globe. It is my firm belief that if one has ideals like innovation and leadership, no one can stop you from being different from others.

Our annual college magazine “VIHAAN” gives a platform to the students to showcase their thoughts, ideas and linguistic skills combined with the knowledge and awareness about the theme.

This year’s theme “MAKE IN INDIA” is our effort to help everyone understand the vision of our honorable Prime Minister Mr. Narendra Modi and spread its awareness. ‘Make in India’ phrase itself demonstrates that we truly believe in INDIA TODAY, WORLD TOMORROW.

This year too we have contributions from the Industry Experts along with the MITSOM faculty and students. I would also like to acknowledge the efforts of the ‘Aakriti’ team for this year’s issue and congratulate them for the same.

With the hope that we shall add to your knowledge about ‘Make in India’, I present all the readers with this year’s Vihaan edition.

Happy Reading!!

To be successful you must accept all challenges that come your way. You can’t just accept the ones you like. -Mike Gafka

Prof. Pallavi GedamkarHead, Editioral Club

FROM EDITOR

Mr. Kiran NairGeneral Secretary,

Students Council, MITSOM

MITSOM has been the part of my life since past 1 and a half year. This journey of my life which commenced from July 2013 has me made the individual I am today. I can proudly say that now and in my future to come that “I am what I am because of MITSOM”. The faculty and our esteem director Prof Dr Sayalee Gankar have been inspiration for me in this journey.

MITSOM has various co-curricular activities, one of them being ‘Vihaan’, the annual magazine. I adore Vihaan a lot because it gives an excellent platform for part time poets and writers like me. Each and every wall and pillar of MITSOM is close to my heart and it has been a creed for me. The friendship I made and the colleagues I had chance to study with would always remain with me as memories close to my heart.

Opportunities are present for the one’s who seek them sincerely. Same is the case at MITSOM because here help is received each and every time when one needs in terms of support from the faculty, non teaching staff, and students as well.

Lastly but not lately, “I am really going to miss these days, I would miss my college days”. Study enjoy and prosper are the lessons I am taking back. Was, am and would always be a proud MITIAN.

Opportunities are present for the one’s

who seek them sincerely.

The MIT School of Management has a vision of being in the forefront of providing a cutting edge to the management education across the globe. It is my firm belief that if one has ideals like innovation and leadership, no one can stop you from being different from others.

Our annual college magazine “VIHAAN” gives a platform to the students to showcase their thoughts, ideas and linguistic skills combined with the knowledge and awareness about the theme.

This year’s theme “MAKE IN INDIA” is our effort to help everyone understand the vision of our honorable Prime Minister Mr. Narendra Modi and spread its awareness. ‘Make in India’ phrase itself demonstrates that we truly believe in INDIA TODAY, WORLD TOMORROW.

This year too we have contributions from the Industry Experts along with the MITSOM faculty and students. I would also like to acknowledge the efforts of the ‘Aakriti’ team for this year’s issue and congratulate them for the same.

With the hope that we shall add to your knowledge about ‘Make in India’, I present all the readers with this year’s Vihaan edition.

Happy Reading!!

To be successful you must accept all challenges that come your way. You can’t just accept the ones you like. -Mike Gafka

Prof. Pallavi GedamkarHead, Editioral Club

FROM EDITOR

Mr. Kiran NairGeneral Secretary,

Students Council, MITSOM

MITSOM has been the part of my life since past 1 and a half year. This journey of my life which commenced from July 2013 has me made the individual I am today. I can proudly say that now and in my future to come that “I am what I am because of MITSOM”. The faculty and our esteem director Prof Dr Sayalee Gankar have been inspiration for me in this journey.

MITSOM has various co-curricular activities, one of them being ‘Vihaan’, the annual magazine. I adore Vihaan a lot because it gives an excellent platform for part time poets and writers like me. Each and every wall and pillar of MITSOM is close to my heart and it has been a creed for me. The friendship I made and the colleagues I had chance to study with would always remain with me as memories close to my heart.

Opportunities are present for the one’s who seek them sincerely. Same is the case at MITSOM because here help is received each and every time when one needs in terms of support from the faculty, non teaching staff, and students as well.

Lastly but not lately, “I am really going to miss these days, I would miss my college days”. Study enjoy and prosper are the lessons I am taking back. Was, am and would always be a proud MITIAN.

Opportunities are present for the one’s

who seek them sincerely.

Vihaan symbolizes the rising sun. It symbolizes the arrival of morning. It symbolizes the beginning of a new era. The theme for this year’s edition of ‘VIHAAN’ could not have fit any better to the meaning of Vihaan itself. ‘MAKE IN INDIA’ - The theme for this year’s edition marks the beginning of a new era for our country. Make in India is the vision of our honourable Prime Minister Shri. Narendra Modi.

This year’s edition has contributions from the industry experts, MIT School of Management faculty as well as the aspiring students. The readers can have an insight on the various sectors that ‘Make in India’ aims to cover. These potential sectors include automobile, biotechnology, electronics, medical, power, etc. A few other aspects included are sustainable development, the development of Delhi-Mumbai Industrial

Corridor, and World Class Manufacturing. With a huge scope for development in numerous sectors in India, ‘Make In India’ and this edition of ‘VIHAAN’ offer a lot not only to the management students but also to the budding entrepreneurs.

Vihaan is the annual magazine operated under the ‘Aakriti’ Forum at MIT School of Management. It gives an opportunity not only to the faculty but also to its enthusiastic students to express their thoughts and views, apart from the academics, about a particular theme which has relevance to management. This not only improves their thought processes but also enhances their professional writing skills.

Read and Explore!!

Sahil Ashok TateHead, Aakriti Forum

Articles

Corporate Views ...................................... 02

Faculty Desk .............................................. 11

Students Corner ........................................ 20

Faculty Development Program .......... 40

Faculty outbound program - 2014 ... 42

Academic Planning .................................. 43

Reports ......................................................... 44

Induction Program for batch IV .......... 45

Annual Gathering ..................................... 48

Industrial Visit .......................................... 50

JNPT, Bombay ........................................... 52

Forum Ativities ......................................... 53

Marketing Forum ..................................... 54

Finance Forum .......................................... 56

IT Forum ...................................................... 58

Operations Forum .................................... 62

Certification ................................................ 64

Institute Social Responsibility ........... 66

Mistom Placement ................................... 69

Library at a Glance .................................. 70

Letters to Editor ...................................... 72

CONTENTS

Vihaan symbolizes the rising sun. It symbolizes the arrival of morning. It symbolizes the beginning of a new era. The theme for this year’s edition of ‘VIHAAN’ could not have fit any better to the meaning of Vihaan itself. ‘MAKE IN INDIA’ - The theme for this year’s edition marks the beginning of a new era for our country. Make in India is the vision of our honourable Prime Minister Shri. Narendra Modi.

This year’s edition has contributions from the industry experts, MIT School of Management faculty as well as the aspiring students. The readers can have an insight on the various sectors that ‘Make in India’ aims to cover. These potential sectors include automobile, biotechnology, electronics, medical, power, etc. A few other aspects included are sustainable development, the development of Delhi-Mumbai Industrial

Corridor, and World Class Manufacturing. With a huge scope for development in numerous sectors in India, ‘Make In India’ and this edition of ‘VIHAAN’ offer a lot not only to the management students but also to the budding entrepreneurs.

Vihaan is the annual magazine operated under the ‘Aakriti’ Forum at MIT School of Management. It gives an opportunity not only to the faculty but also to its enthusiastic students to express their thoughts and views, apart from the academics, about a particular theme which has relevance to management. This not only improves their thought processes but also enhances their professional writing skills.

Read and Explore!!

Sahil Ashok TateHead, Aakriti Forum

Articles

Corporate Views ...................................... 02

Faculty Desk .............................................. 11

Students Corner ........................................ 20

Faculty Development Program .......... 40

Faculty outbound program - 2014 ... 42

Academic Planning .................................. 43

Reports ......................................................... 44

Induction Program for batch IV .......... 45

Annual Gathering ..................................... 48

Industrial Visit .......................................... 50

JNPT, Bombay ........................................... 52

Forum Ativities ......................................... 53

Marketing Forum ..................................... 54

Finance Forum .......................................... 56

IT Forum ...................................................... 58

Operations Forum .................................... 62

Certification ................................................ 64

Institute Social Responsibility ........... 66

Mistom Placement ................................... 69

Library at a Glance .................................. 70

Letters to Editor ...................................... 72

CONTENTS

MAGAZINE COMITTEE MEMBERS

Akshay Ghodke

Mayuresh Birase

Chitkala Mulye

Monica Kirad

Govind Deshmukh

Madhura Kawadiwale

MBANilesh Dhangar

Pooja Tawale

Sahil Tate

Swetha Kumbhajadala

Paromita Bandyopadhyay

MBA ARTICLES

MAGAZINE COMITTEE MEMBERS

Akshay Ghodke

Mayuresh Birase

Chitkala Mulye

Monica Kirad

Govind Deshmukh

Madhura Kawadiwale

MBANilesh Dhangar

Pooja Tawale

Sahil Tate

Swetha Kumbhajadala

Paromita Bandyopadhyay

MBA ARTICLES

HOLISTIC APPRAISALWith advent of Technology we can look beyond the current system of Assessment.

Take example of Education System, which is expected to craft out a fine person and responsible Citizen of Society. Whereas currently the success (?) of Education is measured by the assessment of performance of a student while answering few question during 3 hours of examination – which is a very small window to assess a versatile life activities of evolving human being. The quantitative measurement is not capable to capture and express multi facet qualitative performance of human being.

Same is case with Performance Appraisal System. The best of the best PMS is based on articulation of Performance Contract at the beginning of the year in the language of KPA/KRA/KPI and Balanced Score Card method. There are periodical reviews and course corrections and finally assessment of Performance based on the KRA/KPI etc. There is large amount of activity and contribution by the employee in various areas, which are not captured in current system of PMS.

Unfortunately the quantitative expression of rate of success in Examination or in PMS is over stressed and Life Changing important Decisions might be based on the outcome on the same. We hear cry and agony of human beings around us, but we either prefer to turn a deaf ear or convince ourselves with (so called) logic of the sufferings

Is it fair?

By deploying Big Data and Cloud Computing Technologies, organizations might enable Assessors to handle available multiple data points about the subjects (Students or Employees) to make more sensible and holistic assessment which will be more objective and purposeful. This may widen window of assessment and the organizations will have more meaningful inventory of available multi facet talent within the organization. This Inventory can be utilized for versatile requirements. This will improve resourcefulness of the Organization (which finally is a group of people).

In new era organizations are woven around talented persons. Smart and Intelligent Leaders will find opportunities to encash multi facet talented resources available within the organization. This will open windows of better Business Propositions.

On the other hand, individual persons might be better satisfied with holistic assessment of their talent. There is distinct utility in every human being, if it is explored and utilized rightly. This will inculcate a sense of pride and self-worth. This might reduce sufferings of mankind. This will certainly lead to a better tomorrow.

Milind Kulkarni Chief People Officer & CEO /Executive Coach, e-zest Solutions Pvt. Ltd.

CORPORATE VIEWS

HOLISTIC APPRAISALWith advent of Technology we can look beyond the current system of Assessment.

Take example of Education System, which is expected to craft out a fine person and responsible Citizen of Society. Whereas currently the success (?) of Education is measured by the assessment of performance of a student while answering few question during 3 hours of examination – which is a very small window to assess a versatile life activities of evolving human being. The quantitative measurement is not capable to capture and express multi facet qualitative performance of human being.

Same is case with Performance Appraisal System. The best of the best PMS is based on articulation of Performance Contract at the beginning of the year in the language of KPA/KRA/KPI and Balanced Score Card method. There are periodical reviews and course corrections and finally assessment of Performance based on the KRA/KPI etc. There is large amount of activity and contribution by the employee in various areas, which are not captured in current system of PMS.

Unfortunately the quantitative expression of rate of success in Examination or in PMS is over stressed and Life Changing important Decisions might be based on the outcome on the same. We hear cry and agony of human beings around us, but we either prefer to turn a deaf ear or convince ourselves with (so called) logic of the sufferings

Is it fair?

By deploying Big Data and Cloud Computing Technologies, organizations might enable Assessors to handle available multiple data points about the subjects (Students or Employees) to make more sensible and holistic assessment which will be more objective and purposeful. This may widen window of assessment and the organizations will have more meaningful inventory of available multi facet talent within the organization. This Inventory can be utilized for versatile requirements. This will improve resourcefulness of the Organization (which finally is a group of people).

In new era organizations are woven around talented persons. Smart and Intelligent Leaders will find opportunities to encash multi facet talented resources available within the organization. This will open windows of better Business Propositions.

On the other hand, individual persons might be better satisfied with holistic assessment of their talent. There is distinct utility in every human being, if it is explored and utilized rightly. This will inculcate a sense of pride and self-worth. This might reduce sufferings of mankind. This will certainly lead to a better tomorrow.

Milind Kulkarni Chief People Officer & CEO /Executive Coach, e-zest Solutions Pvt. Ltd.

CORPORATE VIEWS

MAKE IN INDIA : WORLD CLASS MANUFACTURINGWorking with Japanese, Germans, Americans and Italians has reinstated the belief in me - We can make every product in India. Have heard engineers from all over the world about our strengths of being sincere, hard working, excellent in computers, obedient etc.. Let us understand, what we need to do for becoming the Best in the World?

We need to be aligned to the best manufacturing practices followed by companies world wide; say WORLD CLASS MANUFACTURING”

The aim;

1. To establish a manufacturing system without wastes, without losses and without any Human Errors.

2. Uniformity in all persons problem consciousness and engage them in problem solving with a intention of Continuous Improvement.

3. Create a team work atmosphere and ever learning organisation.

For this we need competent leaders

A) Who understand problems; see the need of nurturing people.

B) Who are not only good in management issues but also good in Engineering / Technical issues.

C) Who are methodical in “Problem Solving”

Our discussion is intended to improve manufacturing performances to the world class level of the following:

Q (Quality) : Improve manufacturing quality to the world class level.

C (Cost) : Halve the transformation cost and double labor productivity

D (Delivery) : Reduce delivery lead time

S (Safety) : Eliminate accidents.

H and E : Health and environment.

Ultimately leading to,

ZERO WASTES. ZERO DEFECTS. ZERO MACHINE BREAK DOWN. ZERO INVENTORY. ZERO ACCIDENTS.

Understanding what and where problems are, is the starting point for making improvement .The management team aligns, prioritize and agree objectives, activity plans and targets.

The management teams know what and where problems are, and understand where to use what people on what subjects and when they need to be educated and trained.

Strictly speaking, all the efforts must be to reduce/eliminate Waste... lean manufacturing is what we want For reduction/elimination of waste; first, we need to know what waste and losses exist. Precise waste and loss definition and their measurement is the starting point of attacking them.

Neeraj TiwariHead - Engine Plant And Trimming, Plant Powertrain Division,

Fiat India Automobiles Ltd.

NOW THE QUESTION, WHERE TO START MEASURING LOSSES??

Cycle time

Throughput

Defect density

Productivity, etc.

• Once the problem is selected, the owner should decide what resources are needed to tackle the next few steps in the PDCA cycle. If a team is needed, identify its members by name. (Note: anyone can initiate a PDCA to capture a problem, but the problem identifier does not have to become the problem owner.

ANALYZE THE CURRENT SITUATION.

• Creating Pareto charts guides us what loss we need to attack.

• Chose a key workshop with significant costs and large losses

• Allocate a most competent, logical analytical and creative manager with good leadership.

• When the manager (leader) has very competent subordinates he(she) mainly needs to show a direction for improvements and carry out a proper follow up periodically but if it is not the case (most of the cases!) the leader must show every detail to get there step by step so that they can follow the leader

So PDCA journey is initiated.

With this PDCA approach for loss reduction / Elimination and sensitivity to Employees needs, Am sure that an organization will become world class. And there shall be companies in the world who shall be flogging for their Manufacturing operations offloading.

MAKE IN INDIA : WORLD CLASS MANUFACTURINGWorking with Japanese, Germans, Americans and Italians has reinstated the belief in me - We can make every product in India. Have heard engineers from all over the world about our strengths of being sincere, hard working, excellent in computers, obedient etc.. Let us understand, what we need to do for becoming the Best in the World?

We need to be aligned to the best manufacturing practices followed by companies world wide; say WORLD CLASS MANUFACTURING”

The aim;

1. To establish a manufacturing system without wastes, without losses and without any Human Errors.

2. Uniformity in all persons problem consciousness and engage them in problem solving with a intention of Continuous Improvement.

3. Create a team work atmosphere and ever learning organisation.

For this we need competent leaders

A) Who understand problems; see the need of nurturing people.

B) Who are not only good in management issues but also good in Engineering / Technical issues.

C) Who are methodical in “Problem Solving”

Our discussion is intended to improve manufacturing performances to the world class level of the following:

Q (Quality) : Improve manufacturing quality to the world class level.

C (Cost) : Halve the transformation cost and double labor productivity

D (Delivery) : Reduce delivery lead time

S (Safety) : Eliminate accidents.

H and E : Health and environment.

Ultimately leading to,

ZERO WASTES. ZERO DEFECTS. ZERO MACHINE BREAK DOWN. ZERO INVENTORY. ZERO ACCIDENTS.

Understanding what and where problems are, is the starting point for making improvement .The management team aligns, prioritize and agree objectives, activity plans and targets.

The management teams know what and where problems are, and understand where to use what people on what subjects and when they need to be educated and trained.

Strictly speaking, all the efforts must be to reduce/eliminate Waste... lean manufacturing is what we want For reduction/elimination of waste; first, we need to know what waste and losses exist. Precise waste and loss definition and their measurement is the starting point of attacking them.

Neeraj TiwariHead - Engine Plant And Trimming, Plant Powertrain Division,

Fiat India Automobiles Ltd.

NOW THE QUESTION, WHERE TO START MEASURING LOSSES??

Cycle time

Throughput

Defect density

Productivity, etc.

• Once the problem is selected, the owner should decide what resources are needed to tackle the next few steps in the PDCA cycle. If a team is needed, identify its members by name. (Note: anyone can initiate a PDCA to capture a problem, but the problem identifier does not have to become the problem owner.

ANALYZE THE CURRENT SITUATION.

• Creating Pareto charts guides us what loss we need to attack.

• Chose a key workshop with significant costs and large losses

• Allocate a most competent, logical analytical and creative manager with good leadership.

• When the manager (leader) has very competent subordinates he(she) mainly needs to show a direction for improvements and carry out a proper follow up periodically but if it is not the case (most of the cases!) the leader must show every detail to get there step by step so that they can follow the leader

So PDCA journey is initiated.

With this PDCA approach for loss reduction / Elimination and sensitivity to Employees needs, Am sure that an organization will become world class. And there shall be companies in the world who shall be flogging for their Manufacturing operations offloading.

MAKE IN INDIA - DMICThe background on the website makeindia.com along with its ubiquitous Twitter and Facebook handles and links on LinkedIn seems like a new sun has arisen on the horizon! Glad to note that at least that there is a ray of hope.

Not to sound like a croaking Cassandra bemoaning the death of the yet-to-be-born, this project of great magnitude has received huge media attention dwarfing other issues. Also the endless chatter by Twitterites, some genuine, others fuelled by well-paid PR professionals, one begins to get a queer feeling somewhere in the pit of the bowels.

Obviously the question mark rings a bell, “Is this true?” Will the “ache din” folks make it happen, or will it still be an on-going behemoth like the Golden Quadrilateral or the hyped up “linking the rivers of India project”.

In fact some days ago, while speaking to a well-connected gentleman from Delhi’s very own belly, the gossip going around was that it was another PR coup pulled off by the powers and was powered by the PM himself. Much as one would have liked to pooh pooh the thought immediately, there are certain inexplicable issues that one cannot mention at this point of time, prevented us from leaping on to the podium with a marigold garland!

What is most beguiling is that the entire project has been conceptualised and will be executed along with the Government of Japan! So a bit of shushi does mix with the “phafdas and jalebis”, thereby, to a layman, diluting the very essence of Make in India!

Moreover while the move will create job, and prevent migration of rupees, it may queer the pitch when it comes to international trade, and whether it will be entirely successful in the arena of Defence is yet to be seen.

However a start has been made, the cause is noble, and the effect yet to be felt.

The backgrounder:

The Government of India is developing the Delhi-Mumbai Industrial Corridor (DMIC) as a global manufacturing and investment destination utilizing the 1,483 km-long, high-capacity western Dedicated Railway Freight Corridor (DFC) as the backbone. The objective is to increase the share of manufacturing in the GDP of the country and to create smart sustainable cities where manufacturing will be the key economic driver.

The plan is to develop new manufacturing cities, logistic hubs and residential townships along the DFC incorporating the philosophy of sustainability, connectivity and development; each manufacturing city will have world-class infrastructure, convenient public transport, power management and an efficient water and waste management system.

Twenty four manufacturing cities are envisaged in the perspective plan of the DMIC project. In the first phase, seven cities are being developed, one each in the states of Uttar Pradesh, Haryana, Rajasthan, Madhya Pradesh and Gujarat and two in Maharashtra. Sectors of focus include general manufacturing; IT/ITES; electronics including high-tech industries; automobiles and auto ancillary; agro and food

Sanjay A. SayaniDirector-Communication Media & PR, DSK Group

processing; heavy engineering; metals and metallurgical products; pharmaceuticals and biotech; and services sector.

DMIC states (Uttar Pradesh, Haryana, Rajasthan, Madhya Pradesh, Gujarat & Maharashtra) contribute 43% to the country’s GDP; more than half of India’s industrial production & exports; account for over 40% of workers & number of factories across India.

Delhi-Mumbai Industrial Corridor Development Corporation (DMICDC), an autonomous body with shareholding of Government of India through Department of Industrial Policy & Promotion (DIPP) (49%), Japan Bank for International Cooperation (JBIC) (26%) and Public Financial Institutions (HUDCO -19.9%, IIFCL -4.1% and LIC – 1%).The project is featured in KPMG’s “100 Most Innovative Global Projects” and is one of the world’s most innovative and inspiring infrastructure projects.

Government of India is building a pentagon of corridors across the country to boost manufacturing and to project India as a Global Manufacturing destination of the world. Other four corridors which have been conceptualized are Bengaluru-Mumbai Economic Corridor (BMEC); Amritsar – Kolkata Industrial Development Corridor (AKIC); Chennai-Bengaluru Industrial Corridor (CBIC), East Coast Economic Corridor (ECEC) with Chennai Vizag

Industrial Corridor as the first phase of the project (CVIC).

A total of 25 priority projects across various sectors have been identified for debottlenecking infrastructure bottlenecks in the CBIC region in the preliminary study conducted by the Japan International Cooperation Agency (JICA).

The following three nodes will be taken up for Master Planning by JICA in the CBIC region: Tumkur in Karnataka, Ponneri in Tamil Nadu and Krishnapatnam in Andhra Pradesh and the Master Planning will be completed by March, 2015.(With backgrounder inputs from the official Make in India website)