May, 04, 2016

What Is India’s Manufacturing DNA?

I listened to Prime Minister Narendra Modi’s speech on Day 1 of the week-long Make in India event held between February 13th and 18th, 2016. Of course, like he always does, this one too held the audience in rapt attention for over 30 minutes. He spoke about why an initiative like Make in India will succeed in India, specifically highlighting three factors – democracy, demography and demand. If there is one thing we cannot fault this government about, it is its genuine interest in boosting the economy, emphasis on job creation and overall, a clear focus on development.

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Advantage Localisation

Anand Sundaresan, Vice Chairman & Managing Director of SCHWING Stetter, a 100 per cent subsidiary of German Multinational SCHWING GmbH, says that the company has been a firm believer of manufacturing in India since the time it entered the country in 2000 and aims to reduce component import costs as much as possible by encouraging domestic manufacturers.

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Moving Beyond Assembly Lines

To go aggressive on local manufacturing and bring hi-tech facilities into the country, OnePlus’ India GM believes the Make in India initiative needs to develop more policies focussed on driving cutting edge innovation and research

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The Opportunity In Off-Site Construction Technology

Faizal Kottikollon, Chairman and Founder, KEF Holdings, believes that off-site construction technology will be crucial to meet the infrastructure needs of the country in sectors like healthcare, education and affordable housing

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Going The Last Mile In Manufacturing

In a year’s time, Intex Technologies, the Rs. 4,000 crore Indian smartphone, consumer durables and IT products manufacturer aims to manufacture an entire line of mobile phones, including components, in India

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Hyundai’s India Strategy

Hyundai, one of the first global OEMs to enter the Indian passenger car market, is continuing to invest in India with a renewed focus on localized procurement. That is not all. YK Koo, the company’s MD in India, believes that India can become the global hub for compact cars.

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Tapping Into Natural Resources

Ramesh Kymal, Chairman and Managing Director, Gamesa India, and Chairman CII Tamil Nadu, states that the company has invested in India significantly to satiate the country’s growing need for alternate sources of energy to meet the growing demand for power.

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Focus On Skilling Right

Last fiscal, NK Ranganath, managing director, Grundfos Pumps India, was focused on enhancing operational efficiency and fine-tuning the product portfolio to improve profit margins. This year, he believes will mark the beginning of a growth phase to touch Rs. 800 crores in revenue by 2020.

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Localise And Grow

Freudenberg Filtration Technologies India, part of Germany’s Freudenberg Group, has capitalized on its ability to localize its products and based on this success, develop new products for global requirements…

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Digitization Of Manufacturing In India

Dassault Systèmes is focused on helping manufacturers in India adopt 3D technology and digitization, to match their production capabilities with global standards. It is also providing the academic world with learning opportunities pertaining to early discovery of 3D to developing more sophisticated industry skills at ITI, ATI, Diploma and Professional Universities.

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Make In India, Compete Globally

Erich Nesselhauf, MD and CEO, Daimler India Commercial Vehicles, is convinced that manufacturing in India has two big plusses; One, tap into the enormous potential of the domestic market and two, build India-centric trucks that can be exported to global markets with similar market needs

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For An Energy Efficient Future

Danfoss India’s president Ravichandran Purushothaman takes us through the company’s progress in India, its contribution towards making in India and outlook for the future

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Boosting Self-Employment

Apart from opening its platform to MNCs as a part of the Make in India initiative, the machine tools giant, BFW, is also banking on Indian SMEs to setup CNC (Computer Numeric Control) job-shops and tool rooms on BFW machines, thus creating a revolution in self-employment

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Looking back and looking forward – impact of union budget 2016 on ‘make in india’

SV Sukumar – Partner and Shridhar Kamath, Director of KPMG India discuss 5 ideas from the budget which will provide a fillip to the Make in India program

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Budget 2016 And The Auto Sector – Is This Going To Be The Year Of A Turnaround?

Sridhar Venkatachari, Partner-Advisory at Grant Thornton India, explores whether the Budget 2016 brought any solace to the auto sector

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