The way the supply chain was disrupted all over the world after the Covid pandemic. After that, many countries from America to Europe started looking for alternatives to China. Then the world looked at India. India Since then, many companies started setting up manufacturing units in India. Apart from Apple and many mobility companies of the world, many companies have invested in India to set up semiconductor plants.
Now when all the companies of the world are consolidating themselves in China, the big question has come up that can India become the new factory of the world? To answer this question, 5 stalwarts of the country and the world presented their opinions in TV9’s News9 Global Summit. On this occasion, Mercedes Benz Group Board Member Jörg Burzer, Indo German Chamber of Commerce Director General Stefan Halusa, Assocham President Sanjay Nair, Maruti Suzuki Corporate Affairs Executive Director Rahul Bharti and Bharat Forge Chairperson Baba Kalyani were present. are.
How did India become a product nation?
When Bharat Forge Chairperson Baba Kalyani was asked how India can become a production? Responding to this, he said that India needs ambition to become a production nation. It is very important to have passion for this in India. How much material resources do you have? You can move ahead accordingly. Lastly, it is very important to have a growing market. India is progressing very fast in the world. Improvement is being seen in quality. How better are German products? We also have to come to that competition. In response to a question, he said that India can learn a lot from Germany. For this, more German companies will have to come to India. Manufacturing will have to be done there. The technology that will be used will have to be seen and learned.
It is necessary to have FTA between India and Germany
Assocham President Sanjay Nair and Indo German Chamber of Commerce Director General Stefan Halusa expressed their views. Stefan Halusa said that it is very important for India to have a free trade agreement not only with Germany and India but with the whole of Europe. Due to which exports and imports between the two countries will increase. Apart from this, it will be much easier for German companies to invest in India.
On the other hand, Sanjay Nair of ASSOCHAM said that having an FTA between the two regions will be quite convenient. Many reforms and changes have taken place in India in the last few years. Due to which it has become very easy for foreign companies. Even after that, it definitely takes some time for change to happen. Many companies of the world are investing in India. More and more German companies should invest. Germany will also benefit from this.
Mercedes Benz and Maruti Suzuki plan
Maruti Suzuki is India’s largest car company. The company’s Executive Director of Corporate Affairs, Rahul Bharti informed about its plans in India that it plans to increase its exports manifold in the next 10 years. The company is working in the same direction. It is increasing its manufacturing and increasing exports from India. He said that auto companies have a stake in 40 percent of the country’s manufacturing sector. In such a situation, jobs are also being generated by the companies. In such a situation, being the leading company of the country, the responsibility increases even more.
On the other hand, Mercedes Bench Group board member Jörg Burzer said that we are the first producer from India in 30 years. We build cars that are luxury. Even after that our market is growing. We are continuously expanding ourselves in the local market. We are innovating. On the other hand, he said that we are also manufacturing electric cars in India. We are going to do more work on this in the coming days.
