In an interview with Motown India, Deepak Jain, Managing Director, Lumax Industries Ltd said that Make in India couldn't have come at a better time. It's extremely critical that the government is actually recognising that the backbone of the economy’s growth will come with manufacturing growth.
"I think the economy obviously is a bit skewed towards the services and the manufacturing industry needs to get its act together. I think Make in India is a tool, it's a policy enabler to this. At least from the 25 sectors in the Make in India that the government has identified, Automotive and Automotive component is one of the focal sectors. I think it's extremely critical for us that we actually do our bit. Obviously the AMP 2026 which is the Phase II of the AMP plan that has also come out with the background of Make in India and it gives immense scope of opportunity in both, in terms of contribution to the Automotive industry can do towards the economic GDP of the country, also in terms of the scale of what we can achieve domestically and in exports. I think it’s extremely motivating for entrepreneurship, for everyone, not just invest in India, but use India as an opportunity to have a global scale.," he noted.
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