India should make efforts to achieve Make in India’s full potential

By admin June 21, 2016 1:48 pm IST

The relatively low cost of labour in India has long made the country an attractive option for establishing a manufacturing base.Dimitrov Krishnan, Vice President & Head, Volvo CE India
  The whole manufacturing sector has received a huge amount of attention, which has put it back in the spotlight. For many years, the tech sector was perhaps the most prominent industry and while that business is still incorporated into the ‘Make in India’ initiative, the fact that so many industries are covered by the initiative has really given a boost to the whole manufacturing sector.
Manufacturers will have to up their game Indian manufacturers will have to up their game, and that’s a good thing. Competition will increase, but so will local demand. There are opportunities and challenges. An environment like this will allow excellence to shine and that will help the manufacturing sector and India’s overall progress.

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