Title: Boosting the Manufacturer Sector with Indian Cranes
1Boosting the Manufacturer Sector with Indian
Cranes
2Introduction
Braithwaite
Braithwaite believes that the indigenous
production of cranes would increase industrial
activity and create employment opportunities in
multiple sectors, including manufacturing, steel
production, and electronics, thus reducing the
overall unemployment rate in the country.
Braithwaite believes that promoting local or
indigenous production is a pressing priority as
it will give India economic autonomy and reduce
its vulnerability in crucial fields.
3(No Transcript)
4Technological Advancements
Growing Industry Demand
- Innovation Indian crane manufacturers are
increasingly adopting advanced technologies to
enhance crane efficiency, safety, and
performance. - Automation Integration of automation and smart
technologies in crane production to improve
operational control and reduce human
intervention.
- Infrastructure Development Rapid growth in
infrastructure projects, including roads,
bridges, and urban development, has led to an
increased demand for cranes. - Industrial Expansion Expansion in sectors such
as manufacturing, power, and construction has
further fueled the need for cranes.
5Local Manufacturing Capabilities
Government Initiatives and Policies
- Make in India Government initiatives like "Make
in India" have promoted domestic manufacturing
and attracted foreign investments in crane
production. - Incentives and Subsidies Provision of various
incentives, subsidies, and support for
infrastructure development projects to boost the
crane manufacturing industry.
- Increased Production Significant rise in local
manufacturing capabilities with several domestic
companies producing a wide range of cranes, from
small mobile cranes to large tower cranes. - Quality Standards Adherence to international
quality standards and certifications to meet both
domestic and export market requirements.
6Collaboration and Partnerships
Challenges and Opportunities
- Joint Ventures Collaboration with international
companies through joint ventures and partnerships
to enhance technological capabilities and market
reach. - Industry Associations Active participation in
industry associations and forums to address
common challenges and promote growth.
- Raw Material Availability Ensuring the
availability of quality raw materials remains a
challenge for manufacturers. - Innovation Needs Continuous innovation and RD
are crucial to keep pace with global advancements
and meet emerging market demands.
7Thank You
https//www.braithwaiteindia.com/