Make in India will help write an inclusive growth story
By admin June 30, 2015 3:11 pm IST
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.
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