Social Sciences, asked by junsarmah, 11 months ago

how do small manufacturer suffered social study question

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Answered by nandinivjoshipeflg9
1
What are the most common problems in manufacturing industries these days?

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8 ANSWERS



Gopal Jee Jha, Worked in large manufacturing unit in senior leadership position for 20 years.

Answered Jan 13, 2017 · Author has 156answers and 235.5k answer views

Manufacturing sector contributes enormously to the GDP & it has huge potential for creating employment. The current challenges that manufacturing sector faces are :

Lack of skilled manpower - Skilled manpower is the backbone of manufacturing sector for its survival, progress & growth. Manufacturing company spends lot of money, enormous amount of time & effort to impart right skill & knowledge to the fresh recruits so that they start contributing to the production & productivity.In the whole process company loses good amount of opportunities to fulfill the rising demand of

Availalibilty of Quality Engineers - Graduate engineers passing out from good & reputed engineering colleges & institutes are reluctant to join manufacturing companies because of tough working environment, lack of attractive pay scale, career growth etc compared to IT,financial & service sectors.

Answered by darthwaiderfortnite
2

They suffered due to low income , domination from other  large  manufacturers  and most of the time they were caught in debt trap ( situation in which person has to sell his property to pay the loan )

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