Editor Speak
Zero defect, Zero effect Make in India brand
2014-08-22S Mohini Ratna Editor VARINDIA
It is high time that every Indian should be connected through technology, has governance via mobile phones and every village should be equipped with a broadband platform. With a strong vision of the Prime Minister of India of “less government and more governance”, Shri Narendra Modi has reached out to global investors, inviting them to India and manufacture goods and sell them to the world. This will help us in striking a balance between imports and exports, while calling for zero-defect products with zero effect on the environment.
The consumer market in India is very vast and growing, and the spend on India's electronics market is expected to reach about US$400 billion by 2020. According to a report by IESA, the industry is expected to grow at a CAGR of 9.9 per cent to reach $94.2 billion (Rs.5.9 lakh crore) by 2015. The big question mark is on how manufacturing in India will start and the roadmap we need to take (keeping the Indian automobile industry in mind the way it has grown). To achieve the mission, we need to work more strategically and the interest in the OEMS/brands to manufacture in India should be revived. This can be done only by building a viable ecosystem across the electronics value chain, and creating an enforcing regulatory standard for the products and newly formed Mobile manufacturing Council is working on it. Today, most organizations are leveraging the benefits of technology and providing immense flexibility to users. The downside is an augmented risk of confidential and sensitive information being compromised. Insider threats are more likely to have a negative impact on the business as compared to external ones. Since, the technology is growing fast with various options designed differently, and there is no necessity on using the same technology from the generations, new players are coming up with various value additions with added features. For example, in the space of SMAC, data center and virtualization markets are flooded with choices. You have to pick the right vendor and you also need to find the right offering and type of cloud best suited to the budget and to see which performs the best and provides the best value. Software product development is gaining momentum in our country and the ecosystem is becoming more favourable for software product development. Indian SMBs’ strong growth in terms of innovation and customization is helping the Indian economy at the tipping point. With this strong capability and conducive environment of great talent pool and support of the government, we can definitely make India a manufacturing hub.
See What’s Next in Tech With the Fast Forward Newsletter
Tweets From @varindiamag
Nothing to see here - yet
When they Tweet, their Tweets will show up here.