Make in India – A promise for young entrepreneurs

By admin June 30, 2015 2:33 pm

‘Make in India’ has developed entrepreneurial mind-set and encourages the budding of small and medium scale industries.
Maulik Patel, Executive Director, Sahajanand Laser Technology Ltd._______________________________________________________
 Sahajanand Laser Technology Ltd., a pioneer in the world of lasers in India, offers total solution with a range of laser systems for diversified industrial applications such as laser cutting, marking, welding, micro machining, solar cell scribing and cutting, and diamond processing.  SLT Ltd. is one of the few manufacturers of customised CNC laser solutions.
In an interview with OEM Update, Maulik Patel, Executive Director, Sahajanand Laser Technology Ltd. (SLTL) details his commitments toward ‘Make in India’.
Commenting on the opportunities for laser industry out of ‘Make in India’ initiative, Mr Patel said, “It has a wide impact on our industry. Not only we, but the ancillary and supportive industries have got a positive impact through ‘Make in India’ movement.”
A positive sign‘Make in India’ initiative aims at increasing the manufacturing possibilities in India. “It has facilitated the emergence of many young companies involved in manufacturing varied engineering equipment and parts. It has developed entrepreneurial mind-set and encourages the budding of small and medium scale industries,” Mr Patel said.
Terming the ‘Make in India’ initiative as a ‘positive sign’, he adds, “Down the line 15 to 20 years, these companies could turn out to be an industry leader in any aspect. Proper and timely government intervention and assistance during times when and where required would make it possible.”
Success pathThe ideology of ‘Make in India’ concept is to develop standard of living in India. Increasing the demand for products manufactured in India and increase in purchasing power of Indians are the parameters around which the ‘Make in India’ concept revolves. Mr Patel outlines a few aspects which would drive ‘Make in India’ to success:
skilled manpowerWith increase in foreign direct investments, the job market increases accordingly. Need for quality manpower is one of the fundamental building block for ‘Make in India’. Work force with adequate knowledge on manufacturing process and practices are the best resource for any production house. At times, the lack of such manpower in adequacy would make the manufacturing companies underperform.
Education is the only source that could pump the economy with properly skilled work force. Education system should focus on concepts behind current innovations and critical understanding on the bed rocks of futuristic inventions. The government should encourage and provide avenues for legitimate training centres focusing on manufacturing practices and Industry based skill development with practical knowledge and experience.

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