China will invest more in high-tech and high value-added technologies, for example in environmental-friendly and energy-saving shipbuilding like those utilizing wind and seawater, maritime equipment projects, and critical internal equipment within ships. In addition, offshore drilling rig industry has been developing as a future alternative to China’s traditional shipbuilding. The ongoing changes, which are all with military implications, are increasing emphasis on hull-block construction, investing in major new “greenfield” shipyards, and increasing Chinese firms’ ability to produce marine diesels and gas turbines. In the meantime, the shipping industry also works effectively on strengthening design and R&D competiveness in volume ship types, for instance, tankers, bulk carriers and container vessels (OECE-WP6
This forms the basis of the study and helps to understand how the recession has in fact affected the construction industry in India. 5.3 Limitations and Further Scope of the Study This study deals with the impact of the recession on the construction industry. But it has been done using secondary data which will have various discrepancies. This study can be made more accurate by collecting primary data from the industry regarding the various indicators. Also, the indicators that have been used in this are limited in number.
The manufacturing sector is expected to register a slower growth rate of 3.0 percent a year due to continued weak global demand for electrical and electronic products. However, the manufacturing industry for the domestic market is expected to grow rapidly, especially construction-related
Introduction First and foremost, the construction is a process that construct a building or infrastructure. According to the Malaysian Industrial Classification (MIC) 1972 stated that construction is also define as new construction, alteration, repair and demolition. The installation of any machinery or equipment which is built-in at the time of original construction is included, as well as installation of machinery or equipment after original construction but which requires structural alteration to install. Construction is further classified into five sections which are site preparation, building of complete construction or parts thereof or civil works, building services installation, installation finishes and rental of construction or demolition
Advanced Manufacturing Technology The global manufacturing sector has undergone a tumultuous decade. Large developing economic countries have evolved as a first tier of manufacturing nations. Manufacturing remains as a pivotal sector for the developing and advanced world. It also remains as a vital source of innovation and competitiveness making an enormous contribution to the R&D sector, exports and growth. A manufacturing sector is looked as the next era of global growth and innovation.
Cement Industry Structure The Indian cement industry is weakly oligopolistic in nature on a national level with top 11 to 12 firms among more than 100 firms capturing 70% of the cement market. This nature has been consistent through the years MARCH 2011 The major players are ACC Ltd., Ambuja Cements Ltd., Ultratech Cement Ltd., India Cements Ltd., Century Textiles & Inds. Ltd., Jaiprakash Associates Ltd., Birla Corporation Ltd., Lafarge India Pvt.Ltd., Madras Cements Ltd., Shree Cement Ltd., Binani Cement Ltd., and Kesoram Industries Ltd. The shares, in terms of all India cement production, of these top companies have fluctuated by small amounts in the last six years (since ACC Ltd. and Ambuja Cements Ltd. were taken over by Holcim Group).
For example, average capacity utilization of the textile, leather, agro-processing and pharmaceutical industries in 2009/10 was at 40pc, 10pc, 60pc and 30pc, respectively. The manufacturing industry has neither transformed itself to high tech processing nor is competitive in the international market. Ethiopia ranked 121 out of 144 countries, according to the recent global competitiveness index. The sector has persistently faced high production cost, severely constrained supply and poor quality raw materials and technology, both mainly imported, witnessing little improvements in the main areas of challenges over the years. The contribution of the sector for gross domestic product (GDP) is stagnated at less than five per cent for the last 20 years.