The initiative is inspiring MNCs to set up plants in the country
Mumbai, India: The Make in India initiative is garnering global eyeballs. A pet project of the Narendra Modi Government, the manufacturing and industrial sector worldwide is looking at the initiative with a lot of intent.
Pankaj R Dharkar, President of Pankaj Dharkar & Associates, an India-headquartered MEP and Green Building consultancy firm, talks of how the programme is inspiring the Indian engineering industry to invest in R&D and in setting up manufacturing facilities. He says it is equally inspiring a large number of multinational companies to set up plants and make investments in India. “I can see a lot of positive energy flowing,” Dharkar says. “As a result of the programme, Indian consumers are going to get world-class products at much more reasonable costs. All the manufacturers – be it Daikin, UTC Carrier, Hitachi or Mitsubishi – are either coming forward or are investing into their existing factories.”
(The writer is the Editor of Climate Control Middle East and the Editorial Director & Associate Publisher of CPI Industry.)
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