Archive | Industries

Objectives of National Productivity Council (NPC) | Industrial Engineering

After reading this article you will learn about the objectives of National Productivity Council (NPC). National Productivity Council (NPC) was established in the year 1958 with the object of creating productivity consciousness in the country providing specialised services to industries to increase their operational and managerial efficiency and to disseminate productivity information. It is a […]

Financial Institutions Set Up for Assisting Industries | Industrial Engineering

This article throws light upon the top three financial institutions set up for assisting industries:- 1. Industrial Finance Corporation of India (IFCI) 2. Industrial Credit and Investment Corporation of India 3. Industrial Development Bank of India (IDBI). Financial Institution # 1. Industrial Finance Corporation of India (IFCI): The Industrial Finance Corporation of India was established […]

Raising Capital by Industrial Concerns: 2 Sources | Capital | Industries

Sources of raising finance may be classified under the following categories: 1. Traditional Sources 2. Institutional Sources. 1. Traditional Sources: The main sources for raising capital by industrial concerns are as follows: a. Public Investments: This is the important method for raising funds in India. Both ‘share capital’ and ‘loan capital’ are included in public […]

Layout Procedure for a New Plant | Plant Layout | Industries

Following is a brief analysis of the procedure for laying out the plant of a new undertaking: 1. Objectives 2. Accumulation of the Layout Data 3. Preparation of Charts, Templates, Model and Drawings 4. Compilation of an Overall Plan 5. Relationship 6. Layout Templates 7. Finalised Layout 8. Layout Alteration 9. Arrangement of Service Activities […]

Plant Layout: Meaning, Need and Benefits | Industrial Engineering

After reading this article you will learn about:- 1. Meaning of Plant Layout 2. Need for Plant Layout 3. Objectives 4. Benefits 5. Factors 6. Tools and Techniques. Meaning of Plant Layout: The term ‘Plant Layout’ has been defined by many authors in so many ways A few of these definitions are given below: According […]

Improvement of Plant Layout: Need and Procedure | Industrial Engineering

After reading this article you will learn about:- 1. Need for Improvement of Plant Layout 2. Work Simplification Study for the Improvement of Plant Layout 3. Procedure. Need for Improvement of Plant Layout: Layout of an existing plant may have to be revised and improved with alterations and additions deemed necessary in keeping pace with […]

Arguments Favouring Small Industries | Industrial Engineering

This article throws light upon the four arguments favouring small industries:- 1. Employment Argument 2. Decentralisation Argument 3. The Latent Resources Argument 4. Social and Political Arguments. 1. Employment Argument: Small-scale industries will generate more employment with less capital investment. They operate according to labour- intensive methods and hence create higher promotion of employment per […]

Development of Small Industries | Industrial Engineering

After reading this article you will learn about the role of important institutions in the development of small industries. National Small Industries Corporation: This Corporation was established in 1955 with a capital of Rs. 10 lakhs, subsequently raised to Rs. 50 lakhs, entirely subscribed by the Central Government. Objectives: (a) To secure a reasonable share […]

Industrial Value Chain (With Diagram) | Strategic Management

In this article we will discuss about the concept of industrial value chain, explained with the help of a diagram. The technological environment is fast changing all over the world due to competition. There is, thus, a need to find improved solutions to problems. These changes demand increased emphasis on activities like quality, material utilisation, […]

Brief Note On Evolution of Industry

After reading this article you will learn about the various stages in the evolution of industry. Since the early middle ages there were not many kinds of industries, because the needs of the people were limited. They were only interested in meeting the basic necessities of life such as food, clothing and housing. The people […]

web
analytics