Summit 2005

The first summit on India's manufacturing competitiveness was held on August 18—19 at the Indian School of Business, Gachibowli, Hyderabad, campus. This two-day conference was open to all researchers and practitioners interested in various sectors of manufacturing, supply chain and logistics, product development, marketing and sales, and service operations. The conference was co-hosted by the Operations and Information Technology Department at the Indian School of Business, the Global Business Institute of the Stern School of Business at New York University, Krannert School of Management at Purdue University, and Deloitte Research, a part of Deloitte Services LP.

With the rapid growth in off-shoring and outsourcing across global industries, India is starting to play an important role in high-performing global supply chains. Due to a fast growing local economy, India is emerging as a favorable center of competitive supply, innovations in technology, design, and business processes. Yet, the vast economic and manufacturing potential of India is still unexplored. For enterprises focused on tapping this potential, learning how to match India’s industrial capabilities to global supply chains is critical. These issues are crucial for both executives of Indian companies striving to succeed in global markets as well as multinational executives scouring the globe for more efficient, more innovative, higher-growth, and lower-cost locations such as China and India. While the opportunities are great, effectively accessing national and global markets, and managing increasingly complex supply chains to, from, and within India can be challenging. Besides the cultural and organizational differences, it also involves learning the strength and weaknesses of product and process innovation, production and logistics infrastructures, channel partnering, information systems and technological trends in the country, and how these fit into an efficient and competitive global sourcing, production and distribution system.

The 2005 Summit on Indian Manufacturing Competitiveness explored the challenges and opportunities of global supply chain management in India and the secrets to success of Indian enterprises operating in global industries and help set the agenda for the taking the manufacturing industry to the next level of competitiveness. The conference also focussed on lessons learned from developed and emerging economies including North America, Western Europe, Central and Eastern Europe, and Asia-Pacific. In the future, the conference will provide as a continuing forum for academic and industry specific research resulting in initiatives that will augment the growth of manufacturing sector. Leading academic researchers and industry experts from around the world will share their experiences, and creative ideas, for effectively exploring and exploiting India’s industrial potential.
 

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