Wednesday, April 4, 2012

India's manufacturing sector: Miles to go.........

McKinsey Quarterly's article "Fulfilling the promise of India’s manufacturing sector" made me opine:

The authors have rightly opined "India has a massive workforce, an emerging supply base, and access to natural resources needed in production" but what they did not allude to was a very lax and subjective environmental policy, poor infrastructure and an ill-defined land acquisition policy.

Prior to any expansion of manufacturing capabilities getting the environmental policy, safeguards and monitoring mechanism in place is critical if India does not want to end up with the kind of polluted environment China has. Expansion of manufacturing capabilities needs to be more than just moving smokestacks from one geography to another.

Search Google


Site Meter