‘Make in India’ – a much needed push for manufacturing sector

By admin June 21, 2016 2:04 pm IST

The ease of entry through ‘Make in India’ initiative and sustained growth of the Indian economy has made the Indian market one of the top business destinations today.Jayant Rajan, General Manager – India and South Asia, Armacell India
  Armacell has been present in India since 1999 and with the commissioning of its Pune manufacturing plant in 2006; Armacell has been able to serve the Indian market well.
Jayant Rajan, General Manager – India and South Asia, Armacell India shares his views on the future of ‘Make in India’.
Sector witness good investmentThe Indian manufacturing sector has witnessed a substantial investment in the manufacturing sector since ‘Make in India’ has been launched. It is interesting to see the Indian market open up breathing space in a lot of cut-throat competition markets for foreign players through this initiative. In addition to that, the Indian manufacturing sector has received the much needed push towards double digit manufacturing output year-on-year which will enable the economy to reduce the trade deficit that exists in the current market.

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