The country's emphasis on self-reliance and entry into the global market has made it imperative to adopt and follow lean and ethical management practices. To maintain viability and profitability given various global players and competition from the tigers of S.E Asia, the industry has to incorporate the tools and practices followed internationally. Local companies have been encouraged to enter the field with the indigenization "Make in India" policies of the Government. However, their competitiveness and survival in the market depend on various factors involving Productivity, Management, Lean Manufacturing, and Finance.In this study certain productivity and financial parameters are looked at. Parameters included ROI, TURNOVER TIME, TAKT TIME, RATIOS AND DUPONT RATIO. Graduate of Caltech,.UCLA , Mysore University,. Bangalore University., Eurotechnical University.Industry experience at California RTP NC USA., IndiaMerit scholar India,.Caltech(NSF), UCLA. ( Assistantship)Retired from DRDO research, emeritus and visiting professor at several universities

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