CCORELOGS

Make In India in Manufacturing

Published on 22 June, 2015
 Make in India Launched by Prime minister Narendra Modi Targets 25 Sectors including, Automobile, IT, Chemical, Pharmaceutical , tourism, railway, auto component, minning, Renewable energy etc. Out of these core sector is one of most difficult to implement. Unlike tourism, Pharmaceutical and IT, India does not enjoy competitive advantage in core technology and skills to match World class quality in manufacturing. Competing with country like USA, China, Japan, Germany etc. , India is Far behind both in Quality and Quantity in manufacturing Sector. Industrial Development in India has not taken place at the pace it should have been. Nehruian Economy,in the past, has given stress in development of Industries.Industrial Development under umbrella of Five year plan were aimed in making Self sufficient India. The role of developing Industries was given to Public sector units. PSUs noncompetitive attitude and lack of push by government has lead to failure of PSUs. Although many  PSU like ONGC, BHEL, SAIL have made huge profit. But overall they have failed in driving a Industrial revolution in India. Steel, Minning, cement, Coal and Petroleum sector have been leading Indian Industrial Growth. And Government companies have also Done well in these sectors. Industries like cottage, Leather, Handicraft, Chemical, and other small consumable goods like bangles, Matchsticks, Crackers etc  are still unorganized. Though they give  employment large portion of unskilled population. But condition of people working is far from good. With boon in Automobile sector in India, many Industrial sectors have developed India. Which further led to development of Small scale industries supporting Automobile sector. Privatization have lead to Growth in Industrial sector to little extent. But still India hold poor rank in manufacturing.   IT has been a lucrative sector for youths and start ups. IT Start ups require less money, Infrastructure and manpower, has stolen Share of manufacturing sectors in start ups and talent. Corruption, Lack of support from government, Money and Infrastructure have made job tough for Manufacturer in India. Shifting of TATA Nano plant in West Bengal is a Example that how hard it is for Industrialist in India. Tackling Land dispute has become part of almost every industrial projects in India. Political parties keep on looking for these kind of issues for their political gain. Rights of farmer, Tribal and locals have kept industries away. But still farmers are Dying , Tribal are starving and locals are waiting for opportunities. Lack of Political will by state government and Cheap politics by oppositions have damaged core sector more than any thing else.India is one of biggest market in mobile and smart phones but still Indian players like Karbon, Micromax produce 'made in China' products. Now Governments an center have kept growth in manufacturing as its core Agenda. Program like Make in India, Vibrant Gujarat, Make in Maharashtra are increasing Investor confidence in India. But just poster  a scheme will not help. Ground Reality need to be change. Things need to be made Easier for Industrialist with more encouragement to Small scale industries. Unorganized sector should be organised in form of Industrial corridors. India has biggest man power looking for opportunity. India have it all Land, Manpower, Raw material and Market to support Industries. Only a Positive environment need to be created. Corruption and disputes should be reduced to minimum, if they cant be eliminated. Only Inviting Industry will not help. Things should be made more easy and profitable for them.
surya
Very good article. But the future implication of this make in India initiative is still untouched. The question is whether this Make In India initiative is actually going to help the SmEs. its Ok that they are trying to remove the barriers in the way of opening an SME in terms of paperworks and all but are they concerned about the existing ones
nagendra
Good topic which is a subject of debate to get into its inside. In simple terms it is initiated to reduce imports, increase employment, save foreign currency, increase GDP of country etc. It can convert our country in manufacturing hub for the whole world. We are rich in manpower a very rare resource which appreciates with time and we have proved to the world our intellectual strength by leading in IT sector. But real benefit to our nation will come by use of our resources to benefit our country and make in India just one step in this direction. So far, we have been exporting raw materials like ores and importing finished goods which benefited foreign countries. It is not so easy due to dirty politics in our country but we appreciate the idea and let everyone support to it.
payal
Make in India is an innovative vision of our prime minister which enlightens the path of development by attracting foreign investors to set up manufacturing plants in India so that product should be made in India .there are many hurdles to achieve the target like corruption,coordination ,land acquisition delay,capital,uneasiness of doing business etc .
payal
Make in India is an innovative vision of our prime minister which enlightens the path of development by attracting foreign investors to set up manufacturing plants in India so that product should be made in India .there are many hurdles to achieve the target like corruption,coordination ,land acquisition delay,capital,uneasiness of doing business etc .
nraulji
Make in India is PM Modi's vision statement of India's manufacturing sector. Though, success can only be achieved if check on corruption, support from government, money and Infrastructure are made available to small and medium scale Manufacturers in India.