Industry Update

‘Make in India’ to cut down delays in clearance of manufacturing projects

India has a large technical talent pool that can cater to the ‘Make in India’ initiative. India has been a home to major manufacturing sectors for several decades and is a natural choice for the global investors.C H Prahallad, Country Head – Quality & Operational Excellence, ABB Ltd
  The key thrust of the ‘Make in India’ program is to cut down in delays in clearance of manufacturing projects, develop adequate infrastructure and make it easier for companies to do business in India. The industry is talking about higher contribution to GDP from 17 per cent currently to 25 per cent by 2022, by engaging higher SME involvement and by education plus upgrading skill set. Among others, the program of identifying and creating eco-system of local suppliers has started to produce goods at par with global quality.
Making the most of ‘Make in India’Manufacturers can make the most of ‘Make in India’ by expanding manufacturing operations and creating more job opportunities for the direct labour and subcontracting. Focus more on process and product improvements and enhancements. Manufacturers can use this opportunity to increase exports by improving product quality and reliability.
India has technical talentIndia has a large technical talent pool that can cater to the ‘Make in India’ initiative. India has been a home to major manufacturing sectors for several decades and is a natural choice for the global investors. In the words of the Prime Minister its advantage can be defined as 3D – democracy, demography and demand. Infrastructure is also growing in terms of express highways, international airports, metros and port upgradation and there is enormous scope for future growth.
Roadblocks & bottlenecksEase of operation towards which the government has been making efforts – one is ease of doing business and the other specifically operations both needs to be looked into. The combination of easing the macro and micro environment for businesses to run their operations smoothly is a must.
A combination of courses as part of the education program which caters to knowledge as well as skill development for various sectors is required. The complete spectrum must be available and should offer quality content and trainers to address issues of employability.
In the emerging economy, people will need to continuously learn new and upgrading skills to meet the big shifts or changing requirement of power and automation driving the next level of industrial growth.
ABB’s initiative in line with ‘Make in India’ABB has been making in India for decades so this is something intrinsic to the company. It has taken ‘Make in India’ to the next level by not only making high end products but also designing the same in India. ABB is expanding factory capacity by scaling up operations in current facilities and establishing new factories. For example, to address the changing nature of the grid, ABB sets up a state-of-the-art facility for gas insulated switchgears and dry-type transformers in Savli, Gujarat in 2013. Be it renewable energy, transmission and distribution management for power, smart cities, greater automation and digital India, ABB is well positioned to continue partnering India’s journey of growth.
ABB opens global business service centre in BengaluruABB has opened its Global Business Service Centre in Bengaluru. The expansion demonstrates ABB’s confidence in the local talent pool to fuel growth and future opportunities in the country. When fully established in 2017, the centre is expected to employ over 1,000 people.
The new centre, a continuation of ABB group’s consistent investments in the country, will be a part of its wholly owned subsidiary entity. It is also integral to ABB’s Next Level strategy and marks an important step towards building a state-of-the-art business service organization. The centre was inaugurated by Eric Elzvik, CFO, ABB Group with Sanjeev Sharma, CEO and Managing Director, ABB India and a host of other invited guests attending the ceremony.  
“The opening of the GBS centre in India is a testimony to our commitment and confidence in partnering India’s growth story. India has always been a strategic market for ABB and this opening is an important milestone in making India a global hub for business services in the ABB Group. By simplifying and standardising our processes, we aim to increase our effectiveness and efficiency, as well as build new platforms for growth,” said Eric Elzvik, CFO and member of the Executive Committee of the ABB Group. 

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