India to meet global needs

By admin June 26, 2014 7:24 am IST

India offers many advantages to the global manufacturers willing to set up a new base
 Headquartered in Delhi, Wohlhaupter India is a fully-owned subsidiary of Wohlhaupter Group. The company offers precision and comfortable tool handling by providing innovative technology and the latest manufacturing techniques. Believing in India’s capacity, Keshav Khurana explains the advantageous position of India.
Advantage IndiaThe rate of change in customer requirements and market conditions has gone really up now. India offers many advantages to the global manufacturers willing to set up a new base. The large areas of land, cheap labour, quality engineering standards all show a lucrative picture to the manufacturers. Setting up of more NSEZs, SEZs, EOU areas will help further.
Considerable changes and expectations of customers are moving towards faster response as well as lesser lead time other than technological changes. However, one thing is for sure that Indian manufacturing sector has talent and flexibility to meet global needs.
Triggering factorsThe future of Indian manufacturing is definitely bright. With time, customers have also gained insight about the products which they receive from manufacturers. This has been possible with the trainings which they undergo and all the news which they keep receiving from manufacturers and media regarding new technologies, collaborations etc.
Now it needs to be little relaxed on taxation and regulation policies. Some tie-ups should be made with various countries.