Sort out roadblocks to Make in India: Michael Enright

New Delhi: Lack of clarity on India’s supply chain, regional production plans, export and import strategy, infrastructure strategy, mobility of labour and foreign investment strategy are major roadblocks even as the Narendra Modi-led National Democratic Alliance (NDA) government is trying to project India as a manufacturing hub, according to Michael Enright, strategy and international business professor at University of Hong Kong.

“China is quite clear on these parameters,” Enright said, adding, “India is a very, very important country. You have engineers who are world class. Your labour cost is an advantage. But when I come to India, these are the things that are missing.”

He was speaking at the National Competitiveness Forum in Gurgaon on Friday

Prime Minister Modi’s ‘Make in India’ mission is aimed at attracting foreign investments and turning the country into a manufacturing hub.

India has set for itself an ambitious target of increasing the contribution of manufacturing to 25% of gross domestic product (GDP) by 2025, from 16% now.

“You need to decide what markets are attractive and export to those markets. Exports are much more difficult than ever,” Enright said.