India has the capability to achieve 12-14 per cent average manufacturing growth over the next 10 years
backed by the talent it has to drive innovation and critical decision it can take at the micro and enterprise
level, said Ajay Shankar, Member Secretary, National Manufacturing Competitiveness Council, here on Thursday.
backed by the talent it has to drive innovation and critical decision it can take at the micro and enterprise
level, said Ajay Shankar, Member Secretary, National Manufacturing Competitiveness Council, here on Thursday.
Mr. Shankar was speaking at the Visionary Leadership for Manufacturing Programme (VLMF), an initiative organised by the Confederation of Indian Industry (CII) to transform the manufacturing industry.
“In the past few years, public discourse in the country has shifted towards manufacturing and with the
talent generated from VLFM that is expected to be further scaled up, Indian manufacturing will hopefully
be the supply base,” Mr. Shankar said.
talent generated from VLFM that is expected to be further scaled up, Indian manufacturing will hopefully
be the supply base,” Mr. Shankar said.
Speaking about the special initiative called Village Buddha model, Mr. Shankar said: “Unless we transform
the way where economic activities are undertaken, we cannot transform the quality of life.”
the way where economic activities are undertaken, we cannot transform the quality of life.”
The investment sentiment has revived in the past few months and the private sector, including global
players, is expected to help invest in the manufacturing sector. The country witnessed 15 per cent growth
in the manufacturing sector in 2006-07. “Therefore, achieving 14 per cent growth is not impossible,” he added.
players, is expected to help invest in the manufacturing sector. The country witnessed 15 per cent growth
in the manufacturing sector in 2006-07. “Therefore, achieving 14 per cent growth is not impossible,” he added.
Based on The Hindu
GA Team
VPY INDIA Educational Pvt Ltd
About Admin of the Blog:
Vijay Pratap Yadav is the founder of VPY INDIA .He is a Programmer and a Part time Blogger.
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