Foreign auto makers’ reaction on “Make in India Campaign”
We “Make in India” because we believe in India. There are several reasons for our confidence in the Indian market. There is huge potential for our cars here. The business environment in the country is good and conducive to manufacturing activity. ...
Hironori Kanayama, President & CEO, Honda Cars India Ltd.
We “Make in India” because we believe in India. There are several reasons for our confidence in the Indian market. There is huge potential for our cars here.
The business environment in the country is good and conducive to manufacturing activity. There is a good pool of skilled manpower and a very well developed vendor network, which has the capability to meet the stringent quality, cost and delivery requirements of Honda and other multi-national companies. This has also encouraged us to progressively increase the localization levels of our cars – going up to more than 90%.
B S Seo ( Managing Director & CEO – Hyundai Motor India Ltd)
Hyundai Motor India welcomes the “Make in India” campaign by new government under the leadership of Prime Minister, Mr. Narendra Modi. Hyundai Motor India has been the largest exporter and the second largest domestic car manufacturer.
Hyundai Motor India has been exporting world class products to over 100 countries from the state-of-art Indian manufacturing facility benchmarking international quality standard.
Hyundai will continue to be committed to the Indian market. We are convinced that India has the potential to become the Global Manufacturing Hub in future.
Sumit Sawhney – Country CEO & MD Renault In India on the Government’s initiative ‘MAKE IN INDIA’
“The ‘Make in India’ campaign is a great initiative and a welcome move for the Indian manufacturing industry. What stands out clearly is the intent of easing business processes in India, with further reforms and favourable policy intervention which will attract FDI.
The automobile industry is an important contributor to the country’s GDP and it is encouraging that it will be part of the 25 thrust sectors outlined for growth. I am confident that such pro-business measures will enable the manufacturing sector, led by the auto industry, to bounce back stronger, and deliver on its potential of becoming one of the largest and most efficient in the world.
The formation of a stable government has already led to tremendous optimism for progress, and we are already witnessing an improvement in macro-economic factors including the improving GDP, surge of the stock market and measures to control inflation. The Make in India program will only help build this momentum towards making India a manufacturing powerhouse”.
Anoop Prakash, Managing Director Harley-Davidson India
"We established our operations in India in 2009 and recently began exporting to Europe and Asia. Our US-India success story was built with the ambitious, young talent and innovative partners we found in India, who uphold and advance our world-class quality standards every day.
Now, with the Prime Minister's action oriented plan to improve the ease of doing business, it will inspire companies to have a closer look at India”.