Mercedes Benz India CEO highlights manufacturing as a key driver in India’s growth towards a flourishing economy, Viksit Bharat.
The author, MD & CEO of Mercedes-Benz India, notes that India is increasingly being discussed at headquarters and board meetings due to its growing economic potential. The country’s manufacturing sector, particularly the automotive industry, is well-poised for growth driven by supportive government policies, a favorable business environment, and strong domestic consumption. The author highlights initiatives like “Make in India” and the country’s manufacturing sector’s potential to catapult India to the “developed economy” badge by 2030. The author also emphasizes the importance of leveraging the youth talent pool, digital revolution, and inclusion of women to achieve highly qualitative industrial output and make manufacturing cost-efficient and globally competitive. The author suggests adapting a “Digital First” approach to make the Indian manufacturing ecosystem cost-effective, agile, resilient, and future-ready. To achieve continued success, the author emphasizes the need for cooperation among policymakers, industry, academia, civil society, and corporates to drive India’s manufacturing growth and transformation.
Source: https://economictimes.indiatimes.com/news/india/manufacturing-will-play-pivotal-role-in-shaping-viksit-bharat-mercedes-benz-india-ceo/articleshow/115061415.cms?from=mdr
