Entire Indian wood panel & plywood, decorative laminates, doors, WPC/PVC, furniture and kitchen manufacturing sectors are adding to their production capacity year on year. Report says that more than 200 plywood presses are being added in ply, MDF and Particle manufacturing capacity is growing, HPL and WPC on the same way apart from addition of various next generation engineered doors units. Furniture and kitchen sectors are also expanding their production capacity etc but all are ignoring a big issue. Do the companies know that how and from where would they find skilled manpower for smooth running of their operation. Data suggests that the entire wood panel, decorative and PVC sector are making big losses may be in tune of 300-400 cr annually due to shortage of skilled manpower and lacking of able technical heads. Increasing production of B-grade materials, growing overhead cost and under utilization of installed capacity is good enough to justify the numbers.
Read Full Article:- http://www.plyreporter.com/article/20080/skilled-manpower-shortage-a-growing-worry
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