Make-in-India: Is optimism meeting realism?

Make-in-India is one of the flagship programs of the current regime which is drawing headlines globally. Is it an ivory tower build around hype or does it have any proximity with reality?

India’s economic growth relies on the manufacturing activity. Sadly this has been one of the weakest points in India’s economic history. In addition to political and diplomatic factors, flawed policies around manufacturing have doubled roadblocks over the years. In strong contrast at the same time Asia was emerging as a global manufacturing hub where most Indian counterparts like China, South Korea, Tiwan and Thailand, etc. were flexing their manufacturing muscle.

It is only until recently when India realized the power of factories and becoming a manufacturing powerhouse. The realization that it can not achieve its economic goals without increasing the manufacturing capability is a delayed yet positive step. Prime Minister Narendra Modi’s ‘Make In India’ initiative comes as a wake up call and emphasizes on the domestic manufacturing so that at least a part of domestic demand could be supplemented with products made-in-India. Despite the delays, it comes as a welcome move since it is not an opportunity entirely lost. Interestingly India owns a huge market-base to support a large manufacturing build up in the country.

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The impact of disruptive technology: A conversation with Eric Schmidt

From computational biology to 3-D printing, Google’s executive chairman provides a look into the future of technologies that will change business models and lives.

In this video, Google executive chairman Eric Schmidt explores the phenomenon of technological disruption and selects those technologies likely to have the greatest impact on economies, business models, and people. This interview was conducted by James Manyika, a director in McKinsey’s San Francisco office, in February 2013. What follows is an edited transcript of Eric Schmidt’s remarks.

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Interesting articles to read -- 15-09-2012

Interesting articles to read -- 15-09-2012

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