“Make in India has yielded significant dividends”

June 29, 2016 3:17 pm

New IT-driven application and tracking processes replaced files and red tape, while other measures helped streamline and rationalise licensing rules.Pradeep Shoran, AGM-Marketing, KUKA Robotics India
  Indian manufacturing companies in several sectors are targeting global markets and are becoming global players. Pradeep Shoran, AGM-Marketing, KUKA Robotics India explains how Indian manufacturers can make the most of “Make in India”. He further observes that there are limited options for robotics industry to manufacture in India mainly due to insufficient local consumption as well as challenges with the sourcing the right products.
Yielding significant dividendsIn just over a year, “Make in India” has become a talking point for India’s innumerable stakeholders and partners. This global movement has been powered by the need to overhaul the processes and policies which in turn was made possible by the various government and private sector agencies. In a remarkably short span of time, this ambitious effort has yielded significant dividends. There has been an unprecedented increase in confidence, collaboration and investment.
Improved manufacturing environmentIndian manufacturing companies in several sectors are targeting global markets and are becoming global players. Many are already among the most competitive in their sectors.
The “Make in India” program has been built on layers of collaborative effort. An array of measures focused on the ease of doing business in India has been taken in the last one year. New IT-driven application and tracking processes replaced files and red tape, while other measures helped streamline and rationalise licensing rules.

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