I am not new to the ‘Make In India’ theme. Having promoted the Indian auto component sector for 15 years and seen and worked for the automotive sector through three critical phases of its development, excluding the phased manufacturing programme stage during which I had entered the sector, I know the great potential that manufacturing in India has, not only for the country but for the world. If there is one sector which has really walked the talk about making in India, it is the auto component industry. This sector has had a rich heritage of manufacturing since the late 1950s. By the late 1990s and early 2000, many manufacturers were exporting their original equipment parts to not just Tier-1s, but to leading global vehicle makers as well. So while this theme and scheme of the present-day government may sound impressive, as many of its carefully worded and important-sounding schemes do; ‘Make In India’ has actually been a proven idea since different tenures of earlier governments. Again, if there is one sector in India which can boast of the maximum number of foreign partners and of managing them successfully, then it is the Indian auto component industry. I have personally seen the educative and strategic… Read full this story
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