Unlocking manufacturing growth in India

The panel discussion on Unlocking Manufacturing Growth in India at the TLF 2020 was moderated by Infomo Global Pte Ltd Strategic Advisor & Group COO Sukanta Dey.

- Pradeep Chakraborty

Dey said that in the early days, the network providers drove the industry. Now, there are many. There are three trends: R&D. Are we spending enough money in internal designing? Where is the Indian telecom IP? Two, deregulation of telecom by 100%. There are many programs and policies in India. We are in the middle of Industry 4.0 now. All of this will be delivered by the telecom infrastructure.

HMD Global (India & APAC) VP Ajey Mehta said that mobile devices were literally used as bricks in the past. This is a very good time for India to manufacture. The mobile device ecosystem has developed very well in China. We can take a leap out of those. Right now, there is coronavirus going on in China. However, we need to do some things first. We need to open up the market. There should be ease of access. It provides a lot of opportunities to the others. There is also a massive smartphone market in India. We need government support as well. We need to influence MIPS and MEIS policies to help drive exports. We need to step up on exports.