Indian, global companies can turn ‘Make in India’ a success by Mergers and Acquisitions
The pandemic-induced disruption and the recent India–China border clash in mid-June has made people averse to using Chinese products and services. This has further resulted in seeking a ban on Chinese apps, and even boycotting products manufacturing in China. In the wake of the current scenario, PM Modi has been pushing ‘Make in India’ and ‘Self-Reliant’ agenda to capitalise on this opportunity to pave way for future growth.
With India emerging as a top contender in attracting foreign investments in the manufacturing and business sector, our government has renewed focus on Indian manufacturing and its Make in India initiative has gained further traction, potentially promoting India’s dream of becoming Asia’s next superpower.
In light of this, Mergers and Acquisitions (M&A) are being considered as the best way out for both Indian and international companies who want to conform to the Indian government’s initiatives and promote local manufacturing, while adopting and retaining the global best practices in manufacturing and trade.
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