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The National Manufacturing Competitiveness Council (NMCC) has been set up by the Government to provide a continuing forum for policy dialogue to energise and sustain the growth of manufacturing industries in India. The NMCC is expected to suggest various ways and means for enhancing the competitiveness of manufacturing sector including identification of manufacturing sectors which have potential for global competitiveness; current strengths and constraints of identified sectors, and recommend National level industry/sector specific policy imitatives as may be required for augmenting the growth of manufacturing sector. Dr. V. Krishnamurthy was appointed as Chairman of the NMCC in the rank of Cabinet Minister to the Government of India. The Government also nominated Members of the Council who are from various fields of industry. Shri Ajay Shankar has been appointed as Member Secretary of the NMCC

The National Common Minimum Programme had identified the need to have a continuing forum consisting of representatives from Government, the Industry and the Academicia for policy dialogue to energize and sustain the growth of the manufacturing industry. Food processing, Textiles and Garments, Engineering, Consumer goods, Pharmaceuticals, Capital goods, Leather and IT hardware are among the priority items specifically mentioned in the Common Minimum Programme.

Since 1991, the Indian economy is being progressively liberalized and its integration to the global economy is deepening. On one hand the liberalization and globalization have provided unprecedented opportunity for the growth and expansion of the industry in general and the manufacturing in particular. On the other hand the Indian industry has to not only faced stiff competition from free imports but also continue its efforts to grow its export capability through competitiveness. There is a continuous need to benchmark the Indian manufacturing sector against the best in the world and enhance competitiveness of the manufacturing sector.

 
 
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Last Updated on : 15 January, 2014

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