ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Auto Parts Industry: Prospects and Challenges

Driven by domestic market growth and rising exports, the Indian auto components industry's strong performance looks set to continue, especially as manufacturers in industrial countries seek to move production to low-cost regions.

Textiles: New Vistas for Tirupur

The Indo-Italian Chamber has conceived of a project to initiate creative cooperation between the textile industries in the two countries. A particular focus is the textile cluster in Tirupur where a service centre has been planned bringing in the expertise of the fashion-led Italian textile industry.

Competitiveness through Privatisation

At a recent meet in Mumbai highlighting the disinvestment route taken by several countries in the developing world, Italian trade delegates to these countries emphasised the role of privatisation in opening up the economy as well as in helping the government raise resources.

SMEs and Industrial Clusters

Clusters of small and medium enterprises, which form the backbone of India's industrial and export production, can learn and adapt from the Italian model where such clusters have evolved into globally renowned manufacturing bases for a variety of products. The key to this success has been the ability of Italian industrial clusters to innovate and modernise, and attune to changing market conditions.

FOODGRAINS-Narrowing Margins of Security

Narrowing Margins of Security Janina Gomes THE margin of security in the world supply of cereals may decrease by the mid-80s because of increased demand and lower supplies. The international cereals market which has had to cope with over-supply pressures arising from over-production in the past 20 years will have to adjust to increased demand pressures from the food importing countries in the 80s. World demand will be in the range of 130-180 million tonnes by 1985. The major exporting countries, mainly OECD countries, have used policy instruments to cut production. The US as the major producer and exporter has used policy instruments with varying degrees of success to take land out of cereal production

EUROPE-Energy Matrix

to 10 lakh tonnes, of which the trade's share was fixed at 16 lakh tonnes. The bulk of the 8,5 lakh tonnes of edible oils imported by STC has been sold to vanaspati manufacturing units and for distribution through fair price shops. As a result, little was left with the STC for sale in the free market. This has aggravated the psychology of shortage. Groundnut oil, which was available at Its 9,000 per tonne towards the end of January, moved to Rs 9,250 per tonne towards the end of February and further to Rs 9,800 per tonne in mid-March. Similarly, imported soyabean oil rose from Rs 8,400 per tonne to Rs 9,400 per tonne during the same period. The prices of other edible oils displayed similar trends. Unless the Union government arranges to import an additional 2-3 lakh tonnes of edible oils soon, prices are expected to firm up further in the coming months.

OECD Economic Outlook, 1980

has estimated the capacity requirement at Rs 270 crores by the end of 1983-84. At present total capacity is around Rs 180 crores. The additional investment, required for raising the capacity by Rs 110 crores by 1983-84, is estimated at around Rs 100 crores.

TEXTILES-Short-Sighted Protectionism

Janina Gomes BRITAIN has obtained very tight restrictions on textile imports from low-cost producing countries under the new round of the Multi-Fibre Arrangement (MFA) concluded at Brussels. Imports of more than 20 sensitive products representing 75 per cent of the country's textile imports will be curbed drastically for the next four years.

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