“We have got to evolve to systems where we can buy more in India”

By admin March 29, 2016 3:33 pm

GST is the most important thing. Ease of doing business is also a crucial area that has to be really tackled properly because our position globally on this aspect is very poor.
‘Make in India’ remains high on the PM Modi’s agenda. Jamshyd N Godrej, Chairman of Godrej & Boyce Manufacturing Company Ltd shares his views on the challenges surrounding this initiative and the need for a conducive policy environment for investment while speaking with Subhajit Roy. He also touches upon the initiatives such as ‘single-window clearance’ and ‘Skill India’. 
‘Make in India’ continues to dominate the government’s agenda. Could you tell us about the challenges being faced in this initiative?The challenge for ‘Make in India’ is essentially the need of an infrastructure that supports manufacturing. Also the ease of doing business should be improved greatly so that the people who are in manufacturing can get into it – they can invest easily and quickly, they can manufacture their goods, sell and export them easily. I think the whole facilitation for manufacturing is very critical.
‘Making in India’ is well accepted in the industry. However, if we don’t promote ‘Buy from India’, how will the Indian industry prosper?If we look at the government’s purchasing policy today, almost all of it is being bought in India, except a few strategic industries like defence.
Do you think in the future defence sector will also open up?Defence is a complex issue; one cannot answer that question easily. It’s a matter of evolving. We have got to evolve to systems where we can buy more in India.

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