MAKE IN INDIA (PART 2)

MAKE IN INDIA (PART 2)

Last time, I wrote an introduction about “Make In India“, Modi’s way to increase India’s industry. On this second part, let’s see what does “Make In India” offer to us… There are 11 elements that India is ready to offer to us, check them out!

 

1. AUTOMOBILES

Do you know that India is the world’s fifth biggest automobile market? For sure, this can climb up to number three by 2019.

 

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Inside Tata, world’s cheapest car manufacturer

 

2. CHEMICALS

In Chemicals field, India is Asia’s third largest country who produce chemicals and petrochemicals. Not only that, India is the fourth largest global producer for agrochemicals.

 

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The infamous Bhopal Chemicals Factory

 

3. ELECTRONIC SYSTEM

We can say this particular field, where PM Modi’s emphasis is. He has vision for global chip makers to build their semi-conductor factories in India, which would in turn attract manufacturers of electronics goods such as smartphones and tablets.

 

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From Samsung to Foxconn (Apple) are planning to build plant in India

 

4. FOOD PROCESSING

One of India’s strong points is their agriculture sector. Remember! Tea is originally come from India :)

 

palm oil_4C

 

5. INFORMATION TECHNOLOGY

Speaking about IT? Wow, my brain will directly think of Indian people! They’re really brilliant! India accounts for almost twothirds of the global IT outsourcing market. It’s the largest exporter of IT services in the world! Can you believe it? IT sector is one of the largest white collar job creators in the country. Based on a research, it estimates the industry will continue to grow at 9.5% over the next five years to 2020.

 

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Google’s Sundar Pichai

 

6. LEATHER

India has large number of cattle and buffalo population. This makes India to be the world’s second largest leather footwear and clothing producer. The industry’s turnover is more than $12 billion per year and exports are projected to grow at 24% annually over the next five years.

 

PIYAL ADHIKARY Leather Tannery-2

India’s tannery

 

7. PHARMACEUTICALS

India has been exporting cheap generic drugs to over 200 countries. It’s the world’s largest supplier of cheap generic drugs. Based on research, it will grow 20% per year over the next five years.

 

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India’s Generic Drug Lab

 

8. PORTS & SHIPPING

India has more than 7,500 kilometers of coastline that features 12 major ports and 200 minor ports. The maritime transport contributes to 90% of the country’s trade by volume and 70% by value. The government has plans to implement full mechanization of cargo handling and movement at ports.

 

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Vallarpadam Port at Night

 

9. TEXTILES

India is the largest producer of cotton in the world. In the city where I come from, Jakarta, Indonesia, if you are looking for fabrics to make clothes, people will go to a place which sells a super complete fabrics and other fabrics related things and that place is dominated by Indians! Many successful Indian businessmen in Indonesia are those whose business is either in the textile area or entertainment area. Hmmm, no wonder why :)

 

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10. THERMAL POWER

Thermal power accounts for almost 70% of India’s 284 gigawatt power capacity. The plants are mainly fired by coal and gas. Coincide with the country’s ambition to improve their industry, it demands great amount of power. It seeks to add another 88.5 gigawatts  by March 2017.

 

STPS

 

11. TOURISM

Looking for an anti mainstream vacation? Try India! From the sunny beaches of Goa to the crowded ghats of Varanasi and make sure to visit Taj Mahal! Tourism and hospitality contributed about $44.1 billion to India’s GDP in 2015 and is likely to touch $88.6 billion by 2025, or 2.5% of GDP.

 

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Lady Diana at Taj Mahal

 

“Life is a bridge. Crossover it, but build no house on it – Indian Proverbs”

Adopted from BloombergBusiness

www.sbeinspection.com


 

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