Comments on: Make In India: Why It Makes Sense!

By: Vinay Nagaraju

Vinay Nagaraju — Thu, 02 Oct 2014 17:27:00 +0000

Thank you Neha :). I agree, I think it makes sense for us to look at self sustenance as a goal. For a country where we have primary market of resources and tertiary market of services, the manufacturing part plugs in the gap very well. I am very eager about this project and hopefully it will take India to the next level.

By: Vinay Nagaraju

Vinay Nagaraju — Fri, 26 Sep 2014 14:51:00 +0000

In reply to Datta Ghosh. Yes Datta, so many vocational courses, engineers, diplomas and of course the brain drain. It would be a nice pace of things to see that such a endeavour can take shape :)

By: Vinay Nagaraju

Vinay Nagaraju — Fri, 26 Sep 2014 14:50:00 +0000

In reply to Kiran Acharya.

Kiran, in a sense I agree to what you are saying. It is a very tricky thing to establish new businesses and venture out into new markets, esp when a concept so huge is being tried out, it is going to be very dicey to know which exactly is going to make that difference. In a way, even if it is a western firm setting up a manufacturing plant in India, the government can still oversee, define the labor laws and manufacturing laws, and royalties for the provisions of these.

Ideally in any business scenario, one would look at a win win situation, even in this case, the country which is investing is going to make a lot of money and so is India. Neither of us are going to lose much, since it is a global market we are dealing with, the success of the product means more orders which means more opportunities to work and of course an economic growth. In this case, we are not just providing the labor but reaping benefits out of it. Like any new decision, it has two phases, the trick might be to make the best use of it. I agree, no one cares anymore as to where the product is made from but China has had a very strong economy because of its manufacturing policies. If we look at India, manufacturing is the weakest link which is being addressed by this provision.

As for the local industries suffering, I agree that it is a disadvantage for them, but if you look at the law of numbers and sheer magnitude of opportunities this can create, it is a lesser risk. And competition is always a good thing, the older companies will find a better way to operate and ultimately the consumer gains which again leads me to a win win situation :)

By: Kiran Acharya

Kiran Acharya — Fri, 26 Sep 2014 14:17:00 +0000

Frankly, make in India doesn’t make sense at all. Let me start with the resources. India has human resources, unemployment. So, we are trying to make a deal with MNCs who would use cheap labour, but continue to sell at a high price reaping exorbitant profits. If these MNCs are from any country except India, the actual profit will be reaped by the concerned country. How does this help India? We would be proud to provide cheap labour and raw materials which don’t count.
Besides, this doesn’t build a brand. When people look at a brand, they check the name. Nobody cares if the Samsung handset bears the label Made in India, Thailand or
China. People believe in Samsung’s quality not of the country where it’s made.
Unless, make in India is associated with Indian brands it won’t be useful to us. Make in India is not the same as Made in India, in fact indegenous industries will suffer because now their only advantage (being Indian and availing cheap resources) is wiped out.
I think, all the international MNCs must be glad of this idea, they’ll make huge investments in India with Indian money and reap profit on it,
again.
I do agree with most of your points but only, I think it depends on who is the manufacturer. A very well-written post.

By: Datta Ghosh

Datta Ghosh — Fri, 26 Sep 2014 13:02:00 +0000

Actually with so many engineers passing out each year it is a real pity that manufacturing is an asset under utilized. Good thought, hope and pray it works!