India : A factory for the Quad’: I am quoting from a columnist of India Express who in India Express today presents the case in the favour of India. Before giving his examples of India’s manufacturing power, I only add that all these together are just the tip of iceberg of the manufacturing capability of India. Because of the lack of serious implementation strategies of earlier government policies, India too started importing almost all items instead of getting them developed and manufactured in-house, as it was easier to follow other developed countries starting with US ….Today the trend and will to reverse that will make India a great manufacturing hub much faster than any other country with so many inherent reasons. Private entrepreneurs including big companies will have to wholeheartedly participate in making it happen.
“ What has changed between 2007 and 2020 that Quad 2.0 has become viable? The answer is the globally visible rise in India’s manufacturing ability.
First, the success in PPE kits. At the beginning of the COVID-19 pandemic, India was manufacturing zero PPE kits. As the world — including the developed economies — was scrambling to secure supplies from China, India not just created an overnight world-class manufacturing capacity to meet its own needs but also started exporting PPE kits. From zero to almost a million kits a day — the ability to scale was breathtaking. The same was the case with ventilators and other essential supplies, such as the drug HCQ.
Second, the soft power of Vaccine Maitri. While the developed countries are scrambling to secure vaccines for their domestic population, India is not only vaccinating its own people faster than any other country but is also exporting millions of vaccines to countries in need — and all through domestically-manufactured vaccines. From Canada to Pakistan and from the Caribbean Islands to Brazil — Made in India vaccines have been a life vest across the globe.
Third, the enterprise of India’s private industry — a hallmark of the deepening manufacturing base. As a recent New York Times report noted, when it came to syringes — without which the vaccines were useless — the global scramble again led to India and Hindustan Syringes & Medical Devices, among other manufactures. Hindustan Syringes alone has ramped up its manufacturing capacity to almost 6,000 syringes a minute!
Fourth, India’s success in precision high-end manufacturing. The PLI scheme launched for electronics’ manufacturing evinced unprecedented global interest with 22 top companies, including the top manufactures for Apple and Samsung mobile phones. Over the next five years, a manufacturing capacity of over $150 billion and exports of $100 billion have been tied up through this scheme.
Fifth, the success of India’s fourth-generation fighter jet programme and the orders placed by the Indian Air Force for 83 Tejas jets. Very few countries have the ability to indigenously manufacture such high-tech fighter planes and India’s success is one more milestone in its journey towards emerging as a global manufacturing destination.”