Page 76 - Mousumi: Unbelievable Transformation

purchasing agents. The top two occupations in manufacturing are team
assemblers and machinists. The third most populous occupation, is that of the
quality control employees, includes inspectors, testers, sorters, samplers and
weighers.

Some great companies to work in India and salary– There are thousands of
manufacturing companies in India such as Apollo Tyres Ltd., CEAT Ltd.,
Forbes Marshall Pvt. Ltd., Gabriel India Ltd., GHCL Ltd., Godfrey Phillips
India Ltd., Godrej Consumer Products Ltd., Hafele India Pvt. Ltd., HIL Ltd.,
Hygienic Research Institute Pvt. Ltd., Indian Oil Corporation Ltd., Ingersoll –
Rand Technologies and Services Pvt. Ltd., JK Paper Ltd., JK Tyre & Industries
Ltd., Mahindra & Mahindra Automotive & Farm Equipment Sectors, Mahle
Anand Filter Systems Pvt. Ltd., Mars International India Pvt. Ltd., NTPC Ltd.,
Tata Motors Ltd, Signify Innovations India Ltd., Tata Steel India Ltd., VIP
Industries Ltd., Whirlpool of India Ltd. Etc. where salary has a no upper limit
for eligible candidates. The minimum salary can start form 3L per anum.

Challenges in Manufacturing – Though the manufacturing industry is quite
lucrative. It has certain challenges, as well. Over the last few years, it has been
observed that the industry is following a sinusoidal wave. Every 3-5 years,
industry recession is being observed. There are multiple reasons for this
behavior. Additionally, the majority of manufacturing companies worldwide are
facing the following challenges:-

• Skilled Labor – The manufacturing skills gap could potentially leave an
estimated 2.4 million positions unfilled between 2018 and 2028 with a
potential economic impact of $2.67T.
• Global Competition – The rise of the internet as a way of doing business has
naturally increased the number of outlets a manufacturer can utilize to take
their products to market.
• Regulation and Compliance – Although highlighted by recent General Data
Protection Regulations affecting how manufacturers promote their goods,
the sector has always faced increasing regulation and compliance measures.
From health and safety to waste management, it’s a massive burden to
manufacturing companies.
• Automation – Excess of automation in the process is causing a lot of
uncertainties.

Santosh Kumar
Lead Manufacturing Specialist, GE Transportation

♦♦Career Mantra♦♦ Page 75