| Regional Activity
THE YOUNG ENTREPRENEURS PROGRAMME:
1 NOVEMBER 1999
"The Old Guard gives way to New"- several
young Entrepreneurs having joined the Old Guard in family
business, have inducted fresh ideas, concepts and enthusiasms.
The programme, organised by ACMA (NR) at the Hyatt Regency
Hotel, brought together yesteryears and modern-day Young
Entrepreneurs, in an exchange of thoughts, problems,
solutions, dreams, visions and realities.
Mr Deep Kapuria, welcomed participants
and presenters, Mr Sanjay Labroo (MD Asahi India Safety
Glass Ltd), Mr Jayant Davar (MD Sandhar Locking Devices
Ltd) with the first generation entrepreneurs' view and
Mr A K Taneja, Sr Executive Director and Intrepreneur
Shriram Pistons & Rings Ltd, speaking on challenges
facing the Entrepreneur of Indian industry.
The 20 participants gave encouraging
feed back on the usefulness of the programme. We hope
more of our younger generation members join the next
round as their presence would greatly enliven the programme,
making it more interesting.
Following are certain points of interest and words
of experience, taken from the presentations of-
Mr Sanjay Labroo: Who is an Entrepreneur?
One who does not allow conflict between Ownership &
One who opens the mind to learning -education not a
must but evidence of its success seen in TVS, Rane,
One who establishers principles. Credibility needs
principles; takes years to build and goes in a flash.
One who pushes change. Use position to drive change.
One who can initiate change without destruction: make
aware - initiate - go for progress
One who develops and nurtures key personnel. No Entrepreneur
has the full complement of skills
One who is not happy and content for this spells failure
One who creates wealth for shareholders - an Entrepreneur's
sole job and this will create wealth for himself. The
successful creation of wealth empowers to sustain its
growth - money begets money, e.g. the U.S.
Mr Jayant Davar: What is an Entrepreneur?
| The Japanese 'Sake'
maker to the Walkman. Start with a dream, decide
what you want and go for it.One who anticipates
risks. It motivates to prepare better - need not
be linked to money but time or direction, e.g. by
- passing admission into Business School.One with
enthusiastic desire - sustains motivation through
the entire process of setting - up and achieving
goals One exercising " hurried patience "
- be in a hurry to reach the goal but patience to
do things right One with an ever growing appetite
for growth and productive changes One who does the
right things and does things right (a Leader and
a Manager) there is no proven formula for 'nothing
succeeds like success and nothing fails like excuses'
Mr Taneja: Challenges for an
The Entrepreneur is the manger /director creating wealth
outside corporates, whose key to success pre - 1991
was: who did he know; who were his family; huge evasion
of taxes; individual competence, etc. Post 1991 liberalisation
and de-licensing gave choice of industry and location;
freedom to import the right environment for foreign
investment bringing higher growth and more competition.
The Entrepreneur had to change and with it came the
issue of the speed of change - the life cycle of ideas,
etc, impacted from decades into years; had to "learn
and unlearn" for today's stress was on the capability
of handling change and the ability to identify trends
way before it actually happened. This meant constant
scanning of customer requirement. The buzz word was/is
"thought leadership": people constantly updating
and aware of changes taking place in the world.
To achieve this, it would be important
to put together persons of common focus and to do it
successfully, 'Talent' had to be attracted in an innovative
way and 'Teams' created to make the changes and make
a difference - "give them a dream, inspire them
and they should take off".
ACMA (NR) - INVEST PROGRAMME
ON ROLE OF VALUE ENGINGEERING IN THE COMPETITIVE ENVIRONMENT:10TH
More than 60 participants
and Members of Invest Indian Value Engineering
Society founded in 1977- were welcomed by Mr Jayant
Davar, ACMA Executive Committee Member, chairing
the workshop in the absence of Mr Deep Kapuria.
The application of Value Engineering techniques
give greater edge in terms of cost reduction and
providing value products to the customer. Five
ways to add value were: i) Keep functions unchanged
and reduce cost ii) increase function and reduce
cost iii) Increase function and keep cost unchanged
iv) Increase functions more than cost increase.
Mr M K Mittal, Chairman Invest &
Director BHEL, described Value Engineering as a complete
diagnosis of the technical & cost aspects of products
and systems essential to industry.
Mr Ranjan Dasgupta, Director &
Board Member, Crompton Greaves Ltd made a superb presentation
on "What is Value Engineering? And by implementing
it, how did countries like the U.S. and Japan benefit
monetarily?" USA achieves 100 % hit ratio, i.e.
they achieve whatever they plan for. Speaking of Value
Engineering practices in Crompton Greaves as well as
Tata Steel, it was inevitable that Mr J J Irani be mentioned
as the man behind Value Engineering who changed working
systems and reduced costs.
Mr K N Rattan, Executive Director and Mr Pankaj Arora,
Shriram Pistons & Rings Ltd as well as Mr Sharad
Agarwal, Deputy Manger, International Tobacco Company
Ltd (ITC) presented case studies of Value Engineering
INTERACTION WITH ASRTU: 13TH DECEMBER 1999
ACMA (NR) renewed
relationship with ASRTU with a seminar were it
interacted with more than 30 captains of the auto
component industry and was willing to interact
with other regional members.
Dr Koteeswaran, Executive Director, ASRTU and
colleagues Mr A S Lakhra, Director (Engg) and
Mr M L Gore, Director (Tech) made a presentation
on their policy; their transparent working and
willingness to work closely with the industry.
In the course of the discussion, agreement
was reached to consider certain issues raised by both
sides, such as, the submission of one bank guarantee
only (to the ASRTU instead of every STU); special consideration
for exemption in various fields to QS 9000 companies;
exemption of 2% discount on excise duties; 2% cash discount
to STUs if payment was made within the stipulated time;
formation of a sub-committee to look into problems with
CIRT officials on specifications of products; looking
into the disparity of an OE suppliers fetching a higher
rate from ASRTU than OEMs, through a method of calculation
by ASRTU, whereas some products fetched a lower price
than that offered by OEMS. There are 67 STUs with ASRTU,
sourcing auto component worth more than Rs. 250 crores.
ASRTU affirmed that they would be happy to interact
with ACMA members in other Regions.
SEMINAR ON TPM & TQM: 2ND
FEBRUARY 2000: NEW DELHI
The Seminar held in the Park Royal Hotel, was chaired
by Mr Yogesh Munjal, ACMA Executive Committee Member.
The 60 participants ensured a full house for presenters
Mr R Nagasubramony, Manager - Product Engg. & Quality,
Climate Systems India Ltd and Mr Rakesh Taneja, Strategic
business Unit Head, Gabriel India Ltd, Gurgaon on TPM
while TQM was presented by Mr K N Radhakrishnan, General
Manager - Business Planning & TQC, Sundaram Clayton
Ltd, Chennai: Winners of the Deming Prize. This was
the second time that Sundaram Clayton took the flight
into Delhi to particularly share its experiences with
members of ACMA (NR).
ACMA - JETRO SI PROGRAMME ON FORGING &
Forging Experts: 6 February
- 2 March 2000
Two experts from JETRO successfully executed the Second
Phase of the project for companies manufacturing forged
components. Mr T Yamaguchi, the machining expert and
Mr K Nansai, a new Forging Expert, visited 6 companies
in the Northern Region - Amtek Auto Ltd, Gurgaon; Best
Metals Pvt Ltd, Noida; Hi-Tech Gears Ltd, Bhiwadi; Kay
Jay Foregings Pvt Ltd, Ludhiana; Lakshmi Precision Screws
Ltd, Rohtak and GNA, Jalandhar. The feedback from companies
was very encouraging. They welcomed the expert advice
given by them on hot and warm forging process, as well
as some suggested Kaizen activities.
Casting Experts: 6-9 March, 2000
In continuation of an existing project, Mr K Tamura
and Mr T Myojin visited UT Ltd, Barotiwala; Rico Auto
industries Ltd, Gurgaon and Shriram Pistons & Rings
VISIT TO HONDA SIEL CARS INDIA LTD: 15TH FEBRUARY
ACMA (NR) had a very successful visit
to the Greater Noida Factory, of Honda Siel Cars India
Ltd. Senior Officials from Honda Siel were present to
interact with the members. The delegation consisted
of more than 25 Chief Executives from the Northern Region
Honda Siel made a presentation on their sourcing policy.
Some important points that emerged during the presentation
and interaction were:
• Single Purchasing Policy worldwide. This is
ruled by 3 Principle Policy guidelines:
1. Free/ Open Procurement worldwide
2. Equal Treatment to all Suppliers
3. Despite good benchmarking for high technology, they
respect the individuality of the Suppliers
and do not impose Management Policy
• Honda has achieved an indigenisation level of
70% with 68 suppliers. This year, they plan to achieve
• The items planned for indigenisation during
2000 -2001 are : Piston, Ring, Oil Pump, Water Pump