Make in India will help write an inclusive growth story
June 30, 2015 3:11 pm
Bosch Rexroth bundles global application experience in the market segments of mobile applications, machinery applications and engineering, factory automation, and renewable energies to develop innovative components as well as tailored system solutions and services. Here, Dr. Johannes Grobe, MD, Bosch Rexroth shares his views on the ‘Make in India’ initiative and the issues that need to be addressed in order to turn this initiative to a success.
A bold step“The ‘Make in India’ campaign is a bold call to make India a manufacturing hub. The focus is on getting more multinational corporations in the market by increasing the cap on FDI. This campaign has promised some business oriented policies,” says Dr Grobe.
To create inclusive growthDr Grobe foresees ‘Make in India’ will create more employment, will ensure a more equitable distribution of income across the population and will improve the quality of life of the weaker sections of the society.
A mixed bag culture “The new, pro-manufacturing policy and the campaign is not going to be easy to deliver. India is the only country in the world which offers a unique combination of democracy, demography, and demand. There is a need to get rid of red tape, complicated labour laws, poor infrastructure, crony capitalism and corruption. This calls for a shift in the mindset of the labourer’s, bureaucrats and employers. These are some of the major hurdles that need to be overcome,” remarks Dr Grobe.
Bosch Rexroth is a global giant, gone localBosch Rexroth has got a long standing history in India. The old plant in Ahmedabad was started as a joint venture in 1974. Since then the company has grown by leaps and bounds and today. “We are developing ourselves in-line with the market across India. To achieve this, we are designing and manufacturing new product solutions locally in the region. The new plant at Sanand, Gujarat is a base for our future growth. We focus on developing adaptable local variants based on our product platforms across all key markets that understand and implement Indian requirement,” says Dr Grobe._________________________________________
The new, pro-manufacturing policy and the campaign is not going to be easy to deliver.
Dr. Johannes Grobe, MD, Bosch Rexroth