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OEM Update

Govt creating environment conducive to foreign investments

June 28, 2016 6:25 pm

In past two years, the government has done its best to create the environment like availability of land, electricity, infrastructure, and taxations.- Pawan Panchpal, Director, Six D India
  Manufacturers in ancillary and spare parts design and supply can support the foreign investors coming to India as per “Make in India” program, observes Pawan Panchpal, Director of Six D India. He briefly discusses what’s changed about Indian manufacturing sector post “Make in India” initiative launched.
Manufacturing sector post ‘Make in India’ initiative launchedIndia has a large number of young populations with professional skill and sound academics. After the announcement of “Make in India”, increased enquiries on this front are increased. Also many manufactures, contractors and consultants are gathering the information of service providers, designers and manufacturing units.  Opportunities for Indian manufacturersManufacturers in ancillary and spare parts design and supply can support the foreign investors coming to India as per “Make in India” program. Manpower in engineering software and modelling of the plants can be provided at lesser cost.
A massive market with huge talent baseGradually, India is becoming one of the preferred destinations for global investors. It is a stable democracy with a diverse set of population. This is also a massive market for selling the manufactured products besides having a huge talent base.
Positive outlookIn past two years, the government has done its best to create the environment like availability of land, electricity, infrastructure, and taxations. However it could not achieve the desired result in expected time. In due course, the roadblocks will be tackled to push “Make in India” program.
To aid foreign investorsSix D India is basically a service provider to manufacturing industries and industrial plants, ship building and for components design in process solutions services by using latest visualisation interactive platforms like virtual reality, special software, latest laser scanning equipment and skilled manpower. Services which are being provided by Six D India will definitely be useful to the investors coming to India under “Make in India” program.

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