All posts tagged: Indian Electronics

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ELE Times: Manufacturing in India for the Last 5 Years

Vipin Chauhan, ACM, Sales and Business Development, NMTronics is quite bullish about Indian manufacturing prowess. He said, "Yes, indeed it was way too much expected out of new government formation in 2014, because of their leadership's style of working. Not everything expected has been achieved but many appreciable initiatives have been taken during their tenure  to ensure expected is achieved. The most important initiative is "Make it India." This isn't just an initiative, but also an intent what this government wanted during their tenure of five years, which has taken India into limelight thereby showcasing it as Global Manufacturing Hub. With right decisions and policy frame works drawn to attract foreign investments, to promote local manufacturing and to indigenization of products, have made strong foundation for years to come. This can be witnessed by the Chinese and other foreign investors foraying and setting up their plants in India. They've realized the power of real potential in India, as their own country is getting expensive day by day. With economical man power and incentives of capital investments have drawn them to India, as prime destination. This whole process hasn't just increased the numbers of jobs available but also exposed our human resource with global standard of manufacturing."