Ease of doing business should be priority

June 30, 2015 11:54 am

‘Make in India’ can be successful only if manufacturers in India are allowed the ease of doing business.
Rajeev Sharma, Head – Corporate Services and Strategic Planning, Mitsubishi Electric India___________________________________________________________________________
 Mitsubishi Electric India, the subsidiary of Mitsubishi Electric Corporation, offers a range of innovative and high-quality products and solutions in the field of factory automation, air conditioners, visual and imaging, power semiconductor and devices, photovoltaic solutions and transportation systems.
Huge business opportunityThe ‘Make in India’ initiative resonates well for the electric equipment and automation industry which had borne the brunt of an economic slowdown. Following the announcement of the initiative, several global corporations announced their decision to set up manufacturing plants in India. As is the case worldwide, many of these plants will rely on high level factory automation.
Sharing his views on ‘Make in India’ initiative Rajeev Sharma, Head – Corporate Services and Strategic Planning, Mitsubishi Electric India says, “We see a huge business opportunity emerging for our industry in providing electric and automation solutions. To cater to this increasing demand, our industry also in turn, will plan to invest more in setting up manufacturing facilities, research and development labs and roping in local manpower. The resulting domino effect will have a positive impact on the growth of the industry as a whole and manufacturing share in the GDP growth.”

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