India most attractive global investment destination

June 30, 2016 2:00 pm

Risk free, stable, rising economy and a conservative Reserve Bank is most comfortable for any investor and hence India is becoming the preferred destination for global investors.Guruprasad Rao, Director, Imaginarium India Pvt Ltd
  Imaginarium is a major Rapid Prototyping and Rapid Manufacturing centre in India. “Make in India” is not about just a slogan, but hard work and essential skills, says Guruprasad Rao, Director, Imaginarium India Pvt Ltd. He suggests, “Jugaad approach can only bring temporary relief, hence the need for adaptation towards a robust system.”
Indian manufacturing sector awaits revolutionWhat’s changed about Indian manufacturing sector post “Make in India” initiative launched?  To answer this question, it is important to know the scenario before the launch of initiative. China with its mega plants and investments had made the Indian industry lose motivation. Poor support from previous regimes added to the decline. This status quo had to be changed and a revolution had to be brought in to rekindle the Indian manufacturing sector. “Make in India” initiative was launched to address the same and provided much needed impetus to change the course of Indian manufacturing sector. Food for thoughtIndia being the largest consumer is also World’s largest marketplace. We should put all our resources to offer the best of service. “Make in India” is not about just a slogan, but hard work and essential skills. Systematic designing and building of products with sheer quality will assure that they are at par with global standards.
Cool destination for global investorsPost the US slowdown and recovery unstable political conditions continue to prevail making investments risky. The present world economy is quite unsound considering the lingering unrest which has also led to a decline in investors’ confidence.

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