importance of 'make in india

1 Good morning !

Importance of Make in India.

National Competitiveness Forum, Friday 25th September 2015, Gurgaon. © Bajaj Auto Ltd.

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of importance

2 Crime

Something is Wrong with Our Predictions.

A recent Nielsen BASES and Ernst & Young study put the failure rate of new U.S. consumer products at 95 per cent and new European consumer products at 90 per cent. We need to do better than that. We need to have a better way to predict the future.

- Al Ries, The Origin Of Brands, 2004

National Competitiveness Forum, Friday 25th September 2015, Gurgaon. © Bajaj Auto Ltd.

3 Confirmation

According to a leading market research firm, about75% of consumer packaged goods and retail productsfail to earn even $7.5 million during their first year.

Less than 3% of new consumer packaged goods exceed first-year sales of $50 million – consideredthe benchmark of a highly successful launch.

- Harvard Business Review April 2011

National Competitiveness Forum, Friday 25th September 2015, Gurgaon. © Bajaj Auto Ltd.

JIT

WORLD CLASS MANUFACTURING

KAIZEN

TQM ACTIVITY BASED COSTING

BLUE OCEAN

SIMULTANEOUS ENGINEERINGSIX SIGMA

SEVEN (NEW) HABITS

AUTOMATION & ROBOTICS

CAD/CAM

BOTTOM OF THE PYRAMIDLEAN

QFDCORE COMPETENCE

INNOVATION

DISRUPTION

Confusion 4

National Competitiveness Forum, Friday 25th September 2015, Gurgaon. © Bajaj Auto Ltd.

TOYOTA PRODUCTION SYSTEM

Different

Opposite Niche

Better

Soda 5

National Competitiveness Forum, Friday 25th September 2015, Gurgaon. © Bajaj Auto Ltd.

Level 1 : < 10% : No strategy (me-too).

Level 2 : 10-20% : Defense strategy (better).

Level 3 : 20-33% : Flanking strategy (different).

Level 4 : 33-50% : Offense strategy (opposite).

Level 5 : 50-100% : Guerilla strategy (niche).

Level 6 : > 100% : Discontinuous strategy.

Level 7 : >>> 100% : Inorganic strategy.

Sauce 6

National Competitiveness Forum, Friday 25th September 2015, Gurgaon. © Bajaj Auto Ltd.

National Competitiveness Forum, Friday 25th September 2015, Gurgaon. © Bajaj Auto Ltd.

Sensex 7

8 Thank you !

National Competitiveness Forum, Friday 25th September 2015, Gurgaon. © Bajaj Auto Ltd.

Fashion dates, but logic is timeless.

- Sir Alec Issigonis