Industries shifting to India POST COVID 20

It's looks perfect. Are we prepared enough to capture such opportunity?

The big questions bang to our mind. Ecosystem and supply chain required for supporting these industries are missing. In many cases specially for engineering goods 100% local vendors are not feasible. This is due to costing and available resource.

Still GOI initiative are appreciable. Advantage of being local ka vocal is big market place in india and capturing the potential is essential looking at panedmic situation.

Somewhere we have to start. Today or never. Thinking too much is loss of energy and time sometime. Biggest advantage industries will get are

1) Adequate manpower and allied services. Company like RND Associate is partner to your journey.

2) Ease of doing business

3) Reform policy

4) Good infrastructure

Still many challenges are ahead as well. These are

1) Bureaucratic approach

2) Slow implementation

3) Lack of program management for establishing industries

4) Liquidity and cash flow problem

5) Arbitration settlement

6) Government change and revised policy

Moving ahead we will discuss topics in more detail. This is opportunity but great challenge as well. Let's gear up for such change and never ever ignore the environmental conservation during industrialisation.

Better world could redefine the development criteria for assessment.