Manish Krishnan, Founder & CEO at ATCS Inc (Advanced Technology Consulting Service Inc)
As the world's fastest growing economy this fiscal year, India added another feather to its cap. The Make in India initiative was introduced to boost national economy and has achieved much-deserved global recognition. With the economy becoming domestically oriented, the dependency on imports has been scaling down. In fact, the initiative has received its share of international support with global giants like Apple, who embrace it whole-heartedly.
Leading economies like USA and China also feature similar initiatives to boost their domestic economy. With its presence in all three leading economies, Advanced Technology Consulting Services (ATCS) has been focused on contributing to India's domestic growth.
ATCS is a business and technology consulting firm specializing in offering technical solutions to global corporations. As a next-gen tech services provider, ATCS offers par excellence solutions in health care and automotive sectors. Aligned with the vision of Make in India, ATCS nurtures national talent and creates innovative solutions "from the ground-up", rather than relying on already established time-tested models.
ATCS has focused on the emerging city, Jaipur, to create employment opportunities, foster innovation, harness skills and attract upcoming talent. This has also been a strategic move of the company to lower attrition rates that are prevalent in highly competitive tier 1 cities such as Mumbai and Bengaluru.
As Make in India expands manifold, so do ATCS' goals to focus towards domestic businesses that will help create an impact at the domestic level. The company is continuously driven towards maintaining a healthy business environment and delivering high-quality business technology solutions.
Gaurav Ahluwalia, Managing Director at R&M India
With the launch of ‘Make in India' initiative in 2014, Indian economy has witnessed radiant growth in IT and manufacturing sectors. This call from Indian government has encouraged various global/foreign investors operating in different verticals to make investments in India and boost their business by building the products here. It has identified and facilitated the leading sectors of the country which are responsible for rapid economic growth and employment in the states.
Make in India initiative has also surged up the development of Smart cities across the country which sequentially demanded for more IT and manufacturing hubs locally. This was surely a need for additional work force which led to increase in employment in the country.
Manufacturing industry is one among the 25 focused sectors of the initiative. In-line to the initiative, R&M, a Switzerland based company has recently made a significant investment in India and successfully opened an expansive state-of-art production facility in Bangalore. Through this step, we at R&M are utilizing the skillset of Indian workforce and are able to manufacture innovative Structured Cabling, Data Center and Telecommunication products & solutions with Swiss standards for numerous verticals across the globe. It has also helped in manufacturing customized products.
Make in India initiative has soared the position of India in the context of ease of doing business on its land. The program has more potential to take Indian economy at much better ranking and soon brand India as a developed country.
(Continued on the next page)