Global factors will decide the success of ‘Make in India’

June 29, 2015 4:00 pm

Simplifying tax structure, reducing the hassles involved in government formalities, procedure and paper work can help a lot in making ‘Make in India’ a success.
Shailesh Mehta, Director, Mehta Cad Cam________________________________________
 Mehta Cad Cam Systems is one of the oldest companies in the field of CNC and laser technology. There are so many shifts in the vision and activity of Mehta group. Previously our main aim was to bring advance and latest technology to India from different parts of the world, creating awareness to the common people and grow the business of our companies as well as of our customers. Six years ago the promoter got an inspiration from the event of Vibrant Gujarat for manufacturing technology and  high end machines locally in India and export them to different parts of the world. Since then Mehta Cad Cam has been a force to reckon with. Mehta Cad Cam aims to develop and manufacture new and advance technology in India and export them to different parts of the worlds.
In an interview with OEM Update, Shailesh Mehta, Director, Mehta Cad Cam discusses about the factors that will influence the success of ‘Make in India’.
Make in India will cater to global marketMake in India has boosted up the instinct of manufacturing in India and we are very sure it inspires all young bloods to become stronger in manufacturing and cater to fast growing demand of Indians including the global market.
Government policies require drastic change Drastic changes in government policies can benefit local manufacturer and exporter. Only, this can make ‘Make in India’ a success. Simplifying tax structure, reducing the hassles involved in government formalities, procedure and paper work can help a lot in making ‘Make in India’ a success, points out Mr Mehta.
Chinese economy is a threat to IndiaMr Mehta also observes, “Major industries in India are facing cut throat competition from China which is required to be controlled. Moreover, illiteracy in India in rural sector is also one kind of challenge. Lack of Infrastructure, political instability, dollar fluctuation can be considered as some of the challenges.”
Domestic manufacturing more important than importsMehta Cad Cam primarily focuses more on local development and domestic manufacturing. “Instead of imports, we emphasise on locally sourcing thee different types of components. Working on a micro level for reducing production cost. Focusing on exports market is necessary to strengthen local base in manufacturing,” concludes Mr Mehta.