Manufacturing Industry has emerged as one of the high growth sectors in India. India's manufacturing sector has the potential to touch US$ 1 trillion by 2025. Attracted by India's market of more than a billion consumers and increasing purchasing power, India is on the path of becoming the hub for hi-tech manufacturing as global giants have either set up or are in process of setting up manufacturing plants in India.
Lean ‘N’ Grow consultants, with more than 250 years of cumulative product, broad manufacturing and business processes experience, 3000+ improvement programs across different verticals and geographies, and greater than $100 million in cumulative savings, particularly in the industrial, agricultural and automotive sectors is therefore looking forward to conquering the Indian market in order to gain a significant position in the manufacturing consultancy industry.
About the future of consulting in the manufacturing space, P Venkataramani, Director, Lean ‘N’ Grow Consultants says “We see very encouraging signals. There always exists a sizeable market for Manufacturing Consultants in India. Most manufacturing organizations are looking to upgrade their operations to be more efficient and nimbler. MNCs are looking to experts to set up Greenfield operations.” He, furthermore,
says, “facility upgrades, technology upgrades and adoption to the trend, facility relocation from other countries, states promoting investments in industries that may generate employment opportunities, cost pressures, shortage of skilled resources, focus on SMART manufacturing, and affordable technology” are the factors driving growth in the Indian market for manufacturing consultants.
The Line of Difference
Venkataramani adds, “We adopt necessary business and technology tools and techniques, right from problem definition to program delivery. This helps to understand what the customer is looking for, even if it’s abstract. Wherever possible, we try to make the customer understand the benefit of the program outcome in financial terms. We ensure that our program deliverables are simple and pragmatic so that the customers’ can start realizing the benefits at the earliest possible time.”
The company employs employees who have deep domain expertise in hundreds of manufacturing processes. The company has always been very successful. Almost always, the customers get 3X – 10X improvements with the least amount of resources (Capital, Time, and cost). Be it reducing the time it took to file a patent from idea to filing (from 150 days to 7 days), increasing the number of units produced by a Tipper Body manufacturer to 6X with a two-third reduction in shifts required to produce, operations that took nine hours to complete with highly skilled resources to reducing it to less than 2 hours with low skilled resources at 1/5th of the cost, the employees are ready to go on and on.
The company is continuously simple menting its strategy and expanding across Developed and Emerging Markets
Looking at the Future
With everything being said, Murari Seshadri, Head, Advanced Manufacturing & Process Integration, says that he hopes to attain greater success in the Indian market very soon. The company is continuously implementing its strategy and expanding across Developed and Emerging Markets. Moreover, since the company’s mission is to help its customers to achieve their goals, results and solve their most challenging business problems faster better, at significantly a lower cost, sustainably, it promises to provide significant value to those clients who may use their services and products.
“We are pragmatic. While technology adoption is part of our DNA, we try not to overwhelm our customers using it”, concludes Venkataramani.
