Rethinking Make in India

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AniruddhaSrinath,Manish Kulkarni, Vijay Jaiswal

Participants, PGPX, Indian Institute of Management, Ahmedabad, India

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The Indian Manufacturing Sector is perhaps at a stage in its long history where it is being observed the keenest. The Make in India Campaign has been studied and understood, key institutional reforms like GST and infrastructure projects are underway and the Government of India is on the path to improve the ease of doing business while providing stable governance on most fronts. On the Demand side, there is a concern of decline in the export markets, which has caused sluggish growth in the sector. In this paper, we analyze the question of whether Make in India should be Made in India as well as Made for India, and hence focus on defining new paradigms. We also discuss the challenges and path forward for the Indian manufacturing story.

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