The Indian Industrial Sector is one of the prominent, which contributes almost 30% of GDP. It provides large-scale employment to the young people in industries and helps our overall economic activity. From manufacturing, construction, automobiles, pharma, all sectors which are involved in mass production and requires huge procedure. Almost 50 million people work as employees in the industrial sector.
The major problems of Industrial sector
*In the tech-driven world, the skills which need to be improved and most of the skills are being mismatched.
*All the experienced and well qualified are moving to developed nations and all the brain drain happens on a large scale in india.
*Logistics and supply chain management of large goods and manufacturing is slow and difficult task. We require large scale supply chain systems where goods are transferred quickly from one country to another, via ships, air and land.
*Our trade policies have constant conflicts and halts between wars and world leaders. The relationships and trade policies should have strict and conflictless trade.
*Red tape and corruption in many industries and strict barriers make the industrial sector problematic. The facilities available to the employees during work and salaries are extremely less, this impacts overall productivity.
The recent protests in Noida indicate a harsh reality of how industrial workers deal with wages and mental traumas. Inculcating the high use of modern world learning and making bureaucracy even more effective to deal with it. The supply chain management and resources need adequate resources and road connectivity to supply goods for long distances.
The bilateral relations between the West developed countries and under developed nations need a better approach to improve our economic activity. Government has to ensure employee safety and security regarding industrial functioning. By paying them proper salaries and acting strictly against industry owners who are trying to exploit employees by paying them fewer wages with high work. The industrial facilities should have strict rule book and ensure strict fines. All these procedures would definately enhance the industrial sectors performance.
