What is production planning?  Many of you might have come across these questions as a manufacturer. Some of you might have got to know about it, some of you might have not. So let’s have a look at one of the most important aspects of manufacturing or production process; Production Planning. In this article, we...
The Indian pharmaceuticals market increased at a CAGR of 17.46 per cent during 2005-16 with the market increasing from US$ 6 billion in 2005 to US$ 36.7 billion in 2016 and is expected to expand at a CAGR of 15.92 per cent to US$ 55 billion by 2020.By 2020, India is likely to be among...
The Indian plastics market is comprised of around 25,000 companies and employs 3 million people. The domestic capacity for polymer production was 5.72 million tonnes in 2009. Gujarat in Western India is the leading plastics processing hub and accounts for the largest number of plastics manufacturers, with over 5,000 plastics firms. The growth rate of the Indian plastics industry is one of the highest...
India is on the threshold of major reforms and is poised to become the third-largest economy of the world by 2030. India’s manufacturing sector has evolved through several phases – from the initial industrialization. And the license era to liberalization and the current phase of global competitiveness. Today, Indian manufacturing companies in several sectors are...
Improving productivity in the current global competitive environment has created a need for thoroughly defined performance measurement systems in a manufacturing process. OEE (overall equipment effectiveness), a vital KPI of TPM (Total Productive Maintenance) is used to evaluate performance and productivity of the machine. OEE is one of the performance evaluation methods that is most...
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