SME Times News Bureau | 27 Apr, 2020
The Union Government plans to convert the current lockdown into an
opportunity to substantially scale up its manufacturing prowess in
targeted areas for world dominance.
The commerce ministry is
looking to set up small groups of 4-5 young and old serious thinkers to
act as its advisor and suggest a roadmap for India to economic world
dominance.
The groups would be set up with specific tasks and in
identified areas where new thinking of young minds, well guided by
experienced hands, gives a different approach to the country to make its
mark on the world map.
"There cannot be a better time for India
to emerge as a stronger player on the world map. The Covid-19 pandemic
has built a positive image for India in its efforts to contain the
spread of the virus as well as become a major provider in certain key
drugs to several advanced economies of the world. The positivity about
the country has to be built so that India truly emerges as big global
economic power," said an official source privy to the development.
The
two key goals for the proposed group of persons would be to brainstorm
on what India should do post Covid to achieve world dominance and not to
think small - but think big.
The new manufacturing strategy
would be the focus on areas of core competence as has been done by China
and identify areas for scaling where India has the capabilities but
continues to import. The focus will also be on quality and efficiency to
compete effectively in advanced markets.
"In post Covid world,
India is well positioned as vibrant democracy, working with the rules of
the game and also with humanitarian approach. We are well placed to
play leadership role in the world today," said another official who
asked not to be named.