Kiwis comment on the lion’s step
The launch of “Make in India” campaign was as much about the new initiative as about the man behind it. Prime Minister Narendra Modi was the star of the occasion as a galaxy of industry leaders showered praise on him for his vision as Modi connected and bonded with the large gathering in his chatty and conversational style.
Modi gave new meaning to the old acronym ‘FDI’ – “first develop India” through his 40-minute speech that was largely focused on ways to make India a manufacturing destination of the world. The tone for the event was set by Commerce Minister Nirmala Sithraman, who in her brief but lucid address, pointed to the initiatives of the government to boost growth and manufacturing while admitting that the country in the past had been identified with “red tapism” and “inspector raj.”“We are fully conscious and want to chart out a new course,” she said. The government had identified 25 sectors “in which India can become the world leader,” she added.
Jay Changlani
National India Business Relations, Grant Thornton New Zealand
I congratulate the Prime Minister India, Mr Modi, on his initiative to cut red tape, spur foreign investment and transform India into a manufacturing powerhouse. This presents a fantastic opportunity for New Zealand businesses to use their world-class IP and technology in Indian manufacturing.
Kuldeep Arora
Director, India Gate restaurant
I really feel privileged to attend this historic event ‘Make in India’ by Rt Hon Indian Prime Minister - all over the world. It's really a good on part of India High commission to involve local business community in this initiative.
I think if Indian Government will really work towards this goal as said in Mr Modi›s speech, it can be a turnaround in Indian history. As he rightly said, we have the most talented, hard-working work force who can produce the things at fraction of cost in Western world.
I am of the view that If correct policies are in place and investors are given guarantees for protection of their investment and corruption at higher political levels can be kept in check, then India is most desirable place to invest in.
I left India in 1982 due to corruption and not recognizing the talent of people who actually do innovation. In 1979 when I was working for «Punjab State Electronic Corporation», I designed and made 3 permanent magnet high speed motors (50K - 200k rpm) using local materials, which were previously imported from UK and Russia and used in Main battle tank of India.
When few years back, I went to see my this same factory in Mohali, Punjab, I was surprise to know that they are still making those motors and supplying to Indian govt owned factory manufacturing Main battle tank of India.
These motors are still part of main battle tank clearing smoke from barrel of gun after firing, circulating water around barrel to cool down barrel after firing and transferring diesel
from 200ltr drums to tanks - fuel tank.
You will be really surprised to know that I designed and make those motors at my own without any technical and logistic help from senior management, when I started working as Trainee Engineer and never was promoted beyond that. I don’t think New Zealand will benefit much from this “make in India’ move as we don’t have any large scale industry which can be shifted or branched-out to India. If we can transfer our technical know-how in areas of our businesses in highly capital intensive filed of manufacturing in India. Good luck and all the best to India for success of ‘Make In India’ project.
Sudesh Jhunjhnuwala
CEO Sudima Hotels, NZ and Australia
With this bold new initiative taken by Modi government, he has sent a message to the world that India is serious about business. I would highly recommend that any New Zealand Business wanting to invest there should look at the internet portal www.makeinindia.gov.in. This will give them confidence that they should not only consider India as a trading destination but also look at the possibility of producing their products there. I am in touch with my friends and relations in India and they experience first-hand many of the good changes which have taken place with the bureaucracy. So I am more confident than ever to invite investors to look at India as a manufacturing destination and “Make in India”.
Ranjit Amarendra Jha
Managing Director, Bank of India (NZ) Ltd
I think the New Government in India realises the importance of facilitating growth of industries in India and the huge job opportunities that it would create. New Zealand based investors can expect to take advantage or leverage the low cost skilled labour that is available in India to make their products more competitive and enter the biggest market in the world.
Sunil Kaushal
Chairman, India NZ Business Council
Make in India is a great initiative by the Modi Government. Prime Minister Modi is determined to push the country into new orbit. He is in a rush to make India the preferred manufacturing destination of the world. This will of course create employment opportunities domestically. While it is a great step forward, more needs to be done to create a business friendly atmosphere for inward investments and a radical change needs to take place in the infrastructure where such large scale manufacturing can take place.
For New Zealand businesses, it is a step in the right direction. It sends the right signals that NZ exporters can benefit from the highly skilled labour force that India provides of an international quality. India will also provide NZ firms an opportunity to use the global footprint of India to enter new markets.
The launch of “Make in India” campaign was as much about the new initiative as about the man behind it. Prime Minister Narendra Modi was the star of the occasion as a galaxy of industry leaders showered praise on him for his vision as Modi connected and bonded with the large gathering in his...
The launch of “Make in India” campaign was as much about the new initiative as about the man behind it. Prime Minister Narendra Modi was the star of the occasion as a galaxy of industry leaders showered praise on him for his vision as Modi connected and bonded with the large gathering in his chatty and conversational style.
Modi gave new meaning to the old acronym ‘FDI’ – “first develop India” through his 40-minute speech that was largely focused on ways to make India a manufacturing destination of the world. The tone for the event was set by Commerce Minister Nirmala Sithraman, who in her brief but lucid address, pointed to the initiatives of the government to boost growth and manufacturing while admitting that the country in the past had been identified with “red tapism” and “inspector raj.”“We are fully conscious and want to chart out a new course,” she said. The government had identified 25 sectors “in which India can become the world leader,” she added.
Jay Changlani
National India Business Relations, Grant Thornton New Zealand
I congratulate the Prime Minister India, Mr Modi, on his initiative to cut red tape, spur foreign investment and transform India into a manufacturing powerhouse. This presents a fantastic opportunity for New Zealand businesses to use their world-class IP and technology in Indian manufacturing.
Kuldeep Arora
Director, India Gate restaurant
I really feel privileged to attend this historic event ‘Make in India’ by Rt Hon Indian Prime Minister - all over the world. It's really a good on part of India High commission to involve local business community in this initiative.
I think if Indian Government will really work towards this goal as said in Mr Modi›s speech, it can be a turnaround in Indian history. As he rightly said, we have the most talented, hard-working work force who can produce the things at fraction of cost in Western world.
I am of the view that If correct policies are in place and investors are given guarantees for protection of their investment and corruption at higher political levels can be kept in check, then India is most desirable place to invest in.
I left India in 1982 due to corruption and not recognizing the talent of people who actually do innovation. In 1979 when I was working for «Punjab State Electronic Corporation», I designed and made 3 permanent magnet high speed motors (50K - 200k rpm) using local materials, which were previously imported from UK and Russia and used in Main battle tank of India.
When few years back, I went to see my this same factory in Mohali, Punjab, I was surprise to know that they are still making those motors and supplying to Indian govt owned factory manufacturing Main battle tank of India.
These motors are still part of main battle tank clearing smoke from barrel of gun after firing, circulating water around barrel to cool down barrel after firing and transferring diesel
from 200ltr drums to tanks - fuel tank.
You will be really surprised to know that I designed and make those motors at my own without any technical and logistic help from senior management, when I started working as Trainee Engineer and never was promoted beyond that. I don’t think New Zealand will benefit much from this “make in India’ move as we don’t have any large scale industry which can be shifted or branched-out to India. If we can transfer our technical know-how in areas of our businesses in highly capital intensive filed of manufacturing in India. Good luck and all the best to India for success of ‘Make In India’ project.
Sudesh Jhunjhnuwala
CEO Sudima Hotels, NZ and Australia
With this bold new initiative taken by Modi government, he has sent a message to the world that India is serious about business. I would highly recommend that any New Zealand Business wanting to invest there should look at the internet portal www.makeinindia.gov.in. This will give them confidence that they should not only consider India as a trading destination but also look at the possibility of producing their products there. I am in touch with my friends and relations in India and they experience first-hand many of the good changes which have taken place with the bureaucracy. So I am more confident than ever to invite investors to look at India as a manufacturing destination and “Make in India”.
Ranjit Amarendra Jha
Managing Director, Bank of India (NZ) Ltd
I think the New Government in India realises the importance of facilitating growth of industries in India and the huge job opportunities that it would create. New Zealand based investors can expect to take advantage or leverage the low cost skilled labour that is available in India to make their products more competitive and enter the biggest market in the world.
Sunil Kaushal
Chairman, India NZ Business Council
Make in India is a great initiative by the Modi Government. Prime Minister Modi is determined to push the country into new orbit. He is in a rush to make India the preferred manufacturing destination of the world. This will of course create employment opportunities domestically. While it is a great step forward, more needs to be done to create a business friendly atmosphere for inward investments and a radical change needs to take place in the infrastructure where such large scale manufacturing can take place.
For New Zealand businesses, it is a step in the right direction. It sends the right signals that NZ exporters can benefit from the highly skilled labour force that India provides of an international quality. India will also provide NZ firms an opportunity to use the global footprint of India to enter new markets.
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