Gurmeet Chadha, director and CIO partner at Compriccle, launched an emotional appeal urging Indians to support national companies. With growing tensions with Pakistan, Chadha’s call touches at a time when national feeling is high.
In an article on X (formerly Twitter), Chadha wrote: “A request for her Indian colleagues. Let us try to support the domestic cos as much as possible. If your manufacturer, remember to reduce China’s inputs. As a consumer, buy as much as possible from Indian cos.
The position quickly sparked discussions between Internet users, who shared their frustrations and aspirations in the manufacturing sector of India.
“Indian companies? Seeing this Milton glass bottle that I bought, its country of origin is China. What is the deep cause to prevent Indian companies from making such a simple product? How can India compete with the large-scale manufacturing of China at low cost, large margin and large-scale? ” questioned a user.
Another has underlined systemic problems, saying: “The problem is that we are assessing things, whether phones or high -end cars or machines … Even for technological innovations, we simply make office jobs … Its high time, we accept it and announce the JV with many Chinese and American companies that lead to technological transfer.”
A third user highlighted the need for quality improvements: “PLS also call on Indian manufacturers to build quality products. Unfortunately, most manufacturers are used to meet the need for masses not to innovate and challenge the status quo. ”
Chadha’s call arrives at a critical moment when India is trying to strengthen the contribution of its manufacturing sector to the economy.
The Minister of Finance, Nirmala Sitharaman, recently announced his intention to increase the share of the Manufacturer of GDP from 12% to 23% over the next two decades. Speaking at the Hoover Institution of the University of Stanford, Sitharaman underlined the government’s strategy to focus on 14 sectors of sunrise, including semiconductors, renewable energy components, medical devices, batteries and industries with high intensity of labor such as leather and textiles.
The production scheme linked to production (PLI) has been introduced to strengthen these sectors, with particular attention to those which offer significant employment potential, such as electronics, textiles and leather items.
