Capable to take a big leap

June 26, 2014 5:28 am

India is definitely capable to take a big leap. However, good governance is very important for moving India on a growth trajectory
 ZIEHL-ABEGG INDIA Private Limited started its operations in India in 2008, with an objective of satisfying the unfulfilled needs of the Indian customers who were looking for highly energy efficient and reliable fans and controllers. “India is a country that is sitting on the fence, and all it needs is to take a jump is one direction – growth,” believes Vikas Kundra and shares his insight on India’s capability to take a big leap in manufacturing world.
Pro-business environment neededIndia is having huge manpower, natural resources, potential market, technical strength, drive and desire to produce world class products. Indian government has a major role in making India a global manufacturing hub. A case in point is IT sector in India which has proved itself on international stage. India has all the ability to replicate the same success in manufacturing sector as well, provided the business environment is conducive for growth.
Policy makers need to review and come out with growth oriented policies, making business friendly procedures by changing to a single window approach. More than incentives and tax breaks it is the pro-business environment that can help convert India into a global manufacturing hub.
Moving factorsIndia is definitely capable to take a big leap. However, good governance is very important for moving India on a growth trajectory. The need of the hour is clear policies, simplified tax structures, good roads, availability of power and water, single window approach for setting up businesses, eliminating red-tapism and quick decision making. With these factors falling into place, India will be able to give the right message to the world that it is ready to earn its rightful place across the globe.

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