SORRY, SHAKESPEARE! LABELS DO MATTER

Even as Made-in-India equipment is making its way into the world market, the country has to catch up a lot and gain market trust before it becomes a global player

- PRATIMA HARIGUNANI

Twenty years back a child could be left with a gadget for hours altogether. The engineer inside would break the grown-up toy apart, piece by piece, component by component while enjoying every bit of this exercise. Today, perhaps, it would not be so much fun. Most components come from the same side of the atlas. Most components are hard to distinguish or separate. And most devices refuse to even open in the first place.

Maybe, this game could change ten years from now and the child in India would revel in the excitement of counting how many components are labelled Made in India. While India is focusing on becoming the global hub of manufacturing, especially high-tech hardware and equipment, providing tax incentives and drafting new policies, the 'maybe' still seems years away.

Ramakrishna Murthy

General Manager (India) and VP - Technology Services (APJ & ME), Securonix

"From a software standpoint, the Make-in-India policy gives the Indian government greater control in protecting its digital infrastructure from foreign threats."

Reports indicate that between April and December 2022, Apple exported more than USD 2.5 billion worth of iPhone handsets from the country, almost double its shipments in the previous fiscal year. If we look at the company's main manufacturers, Foxconn Technology Group and Wistron Corp, the export figure crossed over USD 1 billion worth of iPhone handsets each from India. This corroborates the country's hardware assertiveness on a global scale.