Electronics and Appliances Manufacturers Association (CEAMA) recently organised the first annual edition of ACE Dialogues 2015. This was aimed at providing a platform for leaders to collaborate on common business issues. The theme was ‘Make in India: A Reality’ to deliberate upon various challenges and opportunities of manufacturing in India, from the industry perspective.
The summit generated powerful ideas around this theme, identifying future courses of action that would align stakeholders. The panel debated about the ease of doing business in and attracting business to India, various taxation related issues, challenges in the end-to-end manufacturing value chain including the state of the components ecosystem in the country, the shortage of skilled labour and infrastructure bottlenecks in the country.
CEAMA, in collaboration with EY India, presented a white paper on ‘Tackling structural issues for appliances and consumer electronics (ACE) manufacturing to become a reality’ which highlighted the possible solutions to the current set of challenges faced by the industry as well as the opportunities.
Manish Sharma, president, CEAMA and MD, Panasonic India and South Asia, said, “The industry is confident that the impact of ‘Make in India’ will propel the country into the global arena as a potential manufacturing hub. However, in order to translate the PM’s dream into a workable reality, we need to address the various roadblocks that stand in its way. With the focus on the ‘Make in India’ campaign, we look forward to creating an integrated value chain, improving our currently under-developed components ecosystem and infrastructure as well as addressing issues in the taxation policy. We must work towards creating a conducive environment for the holistic growth of the industry and create a level playing field for companies across the spectrum.”