Taking the message of Prime Minister Narendra Modi’s ‘Make in India’ to tier-II and tier-III cities across, Jagat Shah, founder and mentor of Global Network and Cluster Pulse, on Thursday exuded confidence that all cities would transform by opening up manufacturing sector.
“Instead of following a technology introduced by some other country, India can turn into a tech-leader. There are a plenty of opportunities and it is for the individuals to cash in on the situation. It is wrong that only big or large-scale units can make it to the top. Small and tiny units also flourish and it is a question of striking the right chord at the right time,” he said.
Unravelling a number of success stories at a meeting held at MADITSSIA, in association with Native Lead Foundation here, Mr. Shah, who had travelled close to 10,000 km across the country since May 4, is carrying the message of the PM to ‘Make in India’ a success.
“Many may wonder what is ‘Gujarat model.’ It is nothing but manufacturing activity. In the last seven years, the State has turned into a land of opportunity. When it can happen in one State, it can work in other States as well,” he said.
Mr. Shah said that in agriculture, service and manufacturing sectors, there had not been a big change. For instance, in 1951, agriculture accounted for 41.8 per cent of the country’s GDP and it fell to 11.6 in 2012. As for the service sector, it had risen from 29.5 to 59.5 per cent. Similarly, manufacturing had seen a rise from 9 per cent in 1951 to 15.1 per cent in 2012. Hence, the share of manufacturing sector had to be activated. When the country had 1.4 crore people looking for jobs, only 45 lakh were able to get employment.
MSMEs should be encouraged to set up units and recruit people. From the moment the industry invested more in R&D activity, there would be robust growth all around, he added.
MADITSSIA vice-president Murugan, Native Lead founder-director R. Sivarajah and co-founder Ashwin Desai addressed the gathering. MADITSSIA secretary K.S. Serma Pandiyan proposed a vote of thanks.
“Instead of following a technology introduced by some other country, India can turn into a tech-leader”
