Make in India a win-win for local and foreign companies

By Gautam Khurana, India Law Offices
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Make in India is a scheme brought in by the government in 2014 to achieve the super thrust in manufacturing and growth that India has been anticipating for years. The highly publicized scheme has the potential to industrialize India just like China in the 1990s.

Gautam Khurana, Managing partner, India Law Offices
Gautam Khurana
Managing partner
India Law Offices

The scheme relies on making doing business easier and more transparent compared to the Indian business and manufacturing environment of the past. It is a wonderful initiative and both the Indian business community and the authorities should ensure it succeeds and is not frittered away. The world is watching and India needs to deliver now.

This is a great opportunity for foreign companies to enter the Indian market. The government machinery is working hard to earn the trust of the international community. Indian manufacturing offers low-cost access to the Indian market. In real terms the pay rates for Indian labour remain competitive worldwide.

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Gautam Khurana is the managing partner at India Law Offices in New Delhi. The firm offers a corporate matching programme that helps Indian companies team up with foreign manufacturing and technology companies in nearly 17 countries by cooperating with nearly a 100 law firms worldwide.

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D-19 (GF) & D-31, South Extension – 1

New Delhi – 110 049

India

Mumbai | Bengaluru

Contact details:

Tel: +91 11 2462 2216 / +91 11 246 2218

Fax: +91 11 2465 4364

Email: g.khurana@indialawoffices.com

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