Creating a Global Supply Chain by Making in India
Arindam Guha, Partner, Lead - Government and Public Sector, Deloitte India “India is clearly looking at a larger role in global supply chains by Making in India. While we wait for the fine print of the economic package, it is likely to prioritise sectors where there is a large domestic market and generate significant employment. We can also expect significant reforms impacting all stages of the value chain of these sectors from farm to consumer with the end objective of increasing ease of doing business. With the announcement of this package which is around 10% of GDP, India joins other large economies like the US and UK which have taken bold steps to counter the economic downturn. I am fairly confident that the package will leverage financial instruments like credit guarantees etc. so that the country’s fiscal situation is also factored in.”
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