Make in India: A positive impact on manufacturing sector

By admin June 23, 2016 4:35 pm IST

The very immediate advantage of “Make in India” initiative for Indian manufacturing sector would be a substantial increase in the domestic consumption in any market segment.K Manickam, MD, CAD Macro Design & Solutions, Chennai
 It will be a great advantage for global investors to collaborate with Indian market and to be a part of “Make in India” initiative, says K Manickam, Managing Director, CAD Macro Design & Solutions, Chennai. He also elucidates why India is the preferred destination for global investors.
Accelerating overall growth of India IncEvery country takes initiative like “Make in India” to move forward in their industrial development to sustain their economic growth to internalise the same into welfare of their civil community. Eventually, the current status of industrial infrastructure, logistics and resources available, the vision and scalability of such initiatives differ for each country. Based on this bottom-line only, “Make in India” initiative got initiated by Indian government to accelerate the overall growth of the Indian enterprises and their long-term sustenance with global identity. Obviously, this initiative had created a definite positive impact to the Indian industries as the policies and implementation roadmap of “Make in India” in terms of proposed funding support, R&D and sector specific cluster deployment systems would motivate the deserved enterprises to take an edge over their dreams in the domestic market.