The Resource Management in Chennai Heavy Engineering Cluster

By : E. Bhaskaran

Page No: 273-284

Abstract
Micro and Small Manufacturing Enterprises in Chennai who are manufacturing Heavy Engineering Components are dependent on common infrastructure resource, technology resource, procurement resource, production resource and marketing resource by adopting Cluster Development Approach. They formed the Chennai Heavy Engineering Cluster (CHEC) to make use of common resources through interrelationships, for cost minimization and profit maximization. The objective is to study on the Resource Management of CHEC and to find Difference in Differences (DID) on the control variable, and experimental variables on productivity after Government of India and Tamil Nadu Policy interventions on CHEC. Physical Performance is an increasing trend for a number of units for employment and machinery, and also for financial performance like Turnover as per increasing CAGR. To conclude, as per DID the control group (who have not undergone Cluster Development Approach) and Treatment Group (who have undergone Cluster Development Approach) have much Difference in Differences on employment, machinery, turnover and export, and there is an increase in productivity due to adoption of Cluster Development Approach by the experimental group by managing common resources available in the Cluster. The interrelationships / cluster approach made Chennai Heavy Engineering Enterprises and cluster members make use of resources like infrastructure, procurement, technology, production and marketing successfully.

Author :
E. Bhaskaran : Joint Director (Engineering), Department of Industries and Commerce,Government of Tamil Nadu, Guindy, Chennai 32, Tamil Nadu, India.
 

DOI: https://doi.org/10.32381/PROD.2020.61.03.3