We drive operational excellence in the manufacturing sector with cutting-edge solutions to improve productivity & reduce costs.
Manufacturing refers to the production of goods using labor, machinery, and raw materials. This sector encompasses a wide range of industries, including automotive, electronics, textiles, and more.
The manufacturing sector has been a cornerstone of India’s economy, contributing significantly to GDP and employment. Historically, India’s manufacturing has been driven by textiles and traditional industries. In recent years, the sector has diversified into high-tech and automotive manufacturing. As of 2023, manufacturing contributes about 16% to India’s GDP, with an aim to increase this to 25% by 2025 under the Make in India initiative. Key players include Tata Motors, Mahindra & Mahindra, and Bharat Electronics.
The manufacturing sector in India is poised for significant growth, driven by:
Inadequate infrastructure leading to inefficiencies.
Navigating complex regulatory frameworks and compliance requirements.
Shortage of skilled labor in advanced manufacturing processes.
Lag in adopting new technologies and automation.
Frequent disruptions in the supply chain affecting production.
Rising costs of raw materials and labor.
Stricter environmental regulations increasing operational costs.
Intense competition from both domestic and international players.
Stratefix Consulting provides comprehensive solutions to address the challenges in the manufacturing sector:
Stratefix Consulting has a proven track record in the manufacturing sector. For instance, we helped an electronics manufacturer reduce production costs by 20% through process optimization and lean manufacturing techniques. Another success story involves assisting an automotive company in adopting Industry 4.0 technologies, which improved their production efficiency by 30%. By providing tailored solutions and hands-on support, Stratefix has enabled manufacturing companies to achieve significant improvements in performance and profitability.