“Productivity science is scientific effort, that in any specific work situation, identifies the appropriate philosophy, culture, systems, processes, technology, methods and human physical action and behavior and elements of each of them of that will maximize positive (social, environmental and economic) outcomes relative to the resources consumed.”
in Frameworks for Productivity Science of Machine Effort and Human Effort (Proceedings of the 2020 IISE Annual Conference, L. Cromarty, R. Shirwaiker, P. Wang, eds.)
DPIIT, India presents #UdyogManthan a webinar marathon for promotion of quality and productivity in Indian Industry starting on 4 January 2021. Every Day (except Sunday) for 42 days
Be a part of India's largest sectoral brainstorming exercise led by experts and Industry leaders!
Register Now https://tinyurl.com/UMparticipation
Webinar Video
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https://www.youtube.com/watch?v=FuLuAWEdB88
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NPC Channel https://www.youtube.com/channel/UC2M-aNqWOSOyTeAgmYKNGjA
Comment on the video on YouTube.
Garden Gym Equipment came early in the discussion. There is scope to install it in each village and in each school. The garden gym is attracting the attention of even old ladies and they are using the equipment to keep fit. Hence, a nation wide movement will increase fitness of people of India and will also help in developing manufacturing in this industry.
Growth Prospects of the Gym Equipment Industry
The Global Fitness Equipment Market is expected to reach $15.27 billion by 2026 growing at a CAGR of 5.2% during 2018 to 2026.
India fitness equipment market is projected to grow at a CAGR of 15% during 2017-2023. The fitness industry in India has been valued at approximately Rs 2,900 crore .
Increasing number of gyms and health clubs coupled with government efforts towards promoting physical fitness are driving the growth of the fitness equipment market in India. In terms of market sub-segments, treadmills and stationary bikes emerged as the most preferred cardiovascular training equipment in 2016, however, on account of higher calorie burn ratio, elliptical cross trainers are expected to register higher growth over the coming years.
Among different end-user applications, gyms and health clubs bagged the highest revenue share in the overall India fitness equipment market share followed by commercial applications. In-house fitness centers and health clubs are gaining popularity in the fitness equipment market. Hotels, offices, public corporations, and educational institutes are offering gym facilities within their premises.
Additionally, the commercial segment is forecast to exhibit the highest growth in the India fitness equipment market forecast period.
Source: DIPP Note
Important Points of the Webinar
Uday Singh Mina
Udyog Manthan Team led by Dr. Vandana Kumar
Garden Gym equipment.
Thank you Mr.Uday Singh Mina for mentioning it. Garden Gym equipment is a successful initiative. Many old ladies are also attracted by it. Using it to increase their fitness. There should be good promotion for this initiative. The equipment needs to be made more robust and at a lower cost.
Narayana Rao, Professor, National Institute of Industrial Engineering.
Deepak Dewanji
1995
Cardiofitness India
Dr. Dinesh Kapoor
18% GST is still a high.
Sushma
India SME Forum
Ritesh
Into Wellness Private Ltd.
We have TPS. Implemented TQM.
We do process audits.
Thank you Mr. Ritesh for explaining various managerial and industrial engineering initiatives in your organization. You reflect your gold medal learning of engineering and management. VLFM is being offered by NITIE - IIT Delhi partnership also.
Rajesh Rai
Jerai
from Narayana Rao to everyone: 12:01 PM
Garden gym equipment needs monthly maintenance from the equipment sellers. There has to be annual maintenance contract. That will give data and ideas to make them more robust against rough use by multiple users.
from Narayana Rao to everyone: 12:03 PM
What is the investment in a typical Garden Gym installed in a park? It can be installed even in villages.
Garden Gym Equipment - Suppliers and Prices
from Narayana Rao to everyone: 12:26 PM
Thank you Mr. Ritesh for explaining various managerial and industrial engineering initiatives in your organization. You reflect your gold medal learning of engineering and management. VLFM is being offered by NITIE - IIT Delhi partnership also.
from RItesh Into Wellness Pvt Ltd to everyone: 12:29 PM
Thanks Mr. Rao. We are associated with NPC & QCI. I appreciate the efforts taken by GOI to focus on Fitness Industry as a sector.
Thanks for sharing this important information with local and international communities. Our gym management software is designed to manage the gym, yoga studio, fitness center, etc. Membroz gym management software lets you manage gym members, attendance, set gym schedule, check team performance, set diet for members, automate billing, and payment.
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