Title: Adoption of advance manufacturing technologies in micro, small and medium enterprises of India

Authors: Brijesh Singh; Rakesh Narain; R.C. Yadav

Addresses: Aryabhatt College of Engineering and Technology, Baghpat 250 601, Uttar Pradesh, India ' Mechanical Engineering Department, Motilal Nehru National Institute of Technology, Allahabad 211 004, Uttar Pradesh, India ' Mechanical Engineering Department, Motilal Nehru National Institute of Technology, Allahabad 211 004, Uttar Pradesh, India

Abstract: Significant contribution of micro, small and medium-sized enterprises (MSMEs) in the nation's economy and its competitiveness can be enhanced by successful adoption of suitable advance manufacturing technologies (AMT). This paper is based on a survey of 84 Indian MSMEs. The findings suggest that use of AMT leads to significant quality improvements, decrease in rejection rate, and increase in sales and reduction in labour costs for their products. This, in turn, helps in maintaining and increasing their customer base. Despite the numerous advantages offered by AMT, the adoption of AMT in Indian MSMEs is still not appreciable owing to huge investments along with lack of awareness.

Keywords: AMT adoption; advance manufacturing technology; SMEs; small and medium-sized enterprises; microenterprises; MSMEs; micro firms; firm performance; benchmarking; productivity; India; AMT investment; AMT awareness.

DOI: 10.1504/IJICBM.2013.054821

International Journal of Indian Culture and Business Management, 2013 Vol.7 No.1, pp.24 - 52

Published online: 30 Nov 2013 *

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