Create environment conducive for investment

June 30, 2015 11:19 am

We still have to improve on creating a business-friendly environment with easier approval of projects and set up hassle-free clearance mechanism.
Dileep Kumar, Managing Director, Dirak India
 As one the leading technology and system providers, Dirak develops, manufactures and sells innovative components for enclosure construction – specialising in latching, hinging, and gasketing. Its high quality, customised products function either mechanically or electronically. Products from its industry reach equipment manufacturers.
Here, Dileep Kumar, Managing Director, Dirak India shares his views about his company’s plans and the ‘Make in India’ initiative.
Initiative will take India to the next level“For long, India neglected manufacturing and relied more on the services sector for growth. We look at ‘Make in India’ initiative as a very important initiative to take the development of India to the next level,” observes Mr Kumar.
Create a level-playing field“For ‘Make in India’ to be a success, the first step is to create an environment that encourages  people to invest in manufacturing sector. The government is currently doing lot in this area. However, infrastructure improvement, easy environmental clearances and a better tax regime are required to create a level-playing field for manufacturing in the country and to reduce our dependency on imports,” remarks Mr Kumar.
Improve power and infrastructure“We still have to improve on creating a business-friendly environment with easier approval of projects and set up hassle-free clearance mechanism. Power and infrastructure requires lot more improvement. Creation of skilled man power, affordable loans and the list only gets longer,” suggests Mr Kumar.
Sheet-metal fabrication is our forteDirak India started it’s Indian operations in 1997 and it opened its manufacturing facility in 2014. The company’s products go into various industries like energy, machine construction, railways, transportation, IT and into any kind of sheet-metal fabrication. “We see growing potential in each of these areas and ‘Make in India’ is the right approach for kind of products that we make. We are happy to contribute in our small way to be part of this movement,” predicts Mr Kumar.