Original Design And Equipment Manufacture

India is laying the groundwork to encourage original design and equipment manufacture. Moving beyond technology transfer and licensing, the industry is thinking ground up with renewed vigour. It has earmarked capex for gaining ground on the front. Interestingly, our interactions with MSMEs that made a beeline at an ongoing expo in the financial capital were testimony to local players coming good on stringent global benchmarks. Unlike tier1 suppliers, these suppliers, equally vital to the upstream of the supply chain, shy away from the public eye and remain focused on the business with mass volumes by their side. Imagine stumbling upon body panels and components fitted on global flagship vehicles being produced in our backyard. The companies continue to bridge capability gaps to localise the original design and manufacture of components, especially the growing electronic content. Unless capability up gradation and capacity expansions, planned by the industry, go live and meet global demand in terms of quality prerequisites, the voids in original design and equipment manufacture will persist. There is a ray of hope though with industry and academia collaborations serving India’s focus on mobility, computing and digitalisation.

Ashish Bhatia

Executive Editor | a.bhatia@nextgenpublishing.net

Unless capability up gradation and capacity expansions, planned by the industry, go live and meet global demand in terms of quality prerequisites, the voids in original design and equipment manufacture will persist.