| | OCTOBER 20228INDUSTRY INSIGHTSIin interaction with Industry Outlook, Rajaram shared his insights on Integrated Cities and Industrial Clusters; wherein he talked about the critical aspects relating to reliable data gathering, top-down planning and more. THE INDUSTRIAL CLUSTER APPROACH IS INCREASINGLY BECOMING A KEY STRATEGY FOR ENHANCING THE PRODUCTIVITY AND CAPACITY BUILDING OF MANUFACTURERS. CLUSTERING AND AGGREGATION IS ONE OF THE FOCUS AREAS IN THE NATIONAL MANUFACTURING PLAN (NMP). HOW DO YOU SEE THIS TREND SHAPING UP IN INDIA? The concept of industrial clusters is not new to India, and throughout time, the nation has witnessed the formation of several industrial clusters, ranging from food parks to establishments for automobiles and automotive components; plastic toys; furniture and more. From an operational point of view, clustering brings significant benefits to the organization; such as making the business operation easier and more seamless. With numerous players working in close proximity, critical elements like ­ supply chain, manpower resources, and like can be easily sorted and acquired. Moreover, with a cluster of companies having similarities in operations, developers can provide enriched services and facilities in terms of --water supply, electricity, sewage treatment plants, and more. Collaboration has also evolved as a major trait of industrial clustering, helping the companies to coordinate, learn best manufacturing practices and deploy technologies like AI. Constant communication amidst the players in the clusters also ensures massive skill development that ultimately leads to overall growth. A cluster has many manufacturing and service units and it is important to have information ENHANCINGINDUSTRIAL PRODUCTIVITY WITH CLUSTERINGRajaram Pai, Chief Business OfficerRajaram Pai, Chief Business Officer - Industrial at Mahindra Lifespace Developers Limited, in interaction with Industry Outlook, shared his insights on Integrated Cities and Industrial Clusters; wherein he talked about the critical aspects relating to reliable data gathering, top-down planning and more.
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