Mumbai Memoir 49- Mumbai invites you to ‘Make in India’!
There is a unique glamour among many of us to boast about one’s rich possessions that have been imported from a foreign country. At some point in the past we all may have boasted about our watches, cars, crockery, stationary items etc that had ‘Made in Japan’, ‘Made in Germany’ or ‘Made in Italy’ tag. In the 1980s most of Mumbai’kars use to flock to a place called in South Mumbai named ‘Manish Market’, where foreign goods were sold at a reasonable cost. The ‘reasonable cost’ was obviously because most of those goods were smuggled in India, thus the cost cutting. The goods would arrive in this market by sea route via Dubai and would be unloaded in the docks of Mumbai. Many petty merchants became millionaire by purchasing these smuggled goods from agents and then selling the goods to brand crazy customers. Notorious underworld lords of Mumbai started minting money by extorting heavy amounts from the merchants who made it big in the ‘black market’ that functioned there. But, now things have changed. Due to changes in government policies regarding trade and commerce and encouragement of ‘free market’ model in certain areas of business, today Manish market is not the only place where one gets to buy foreign goods in Mumbai.
Since ancient times India has been a renowned business hub. The merchants travelling along the famous Silk Route use to stop over at various destinations in the Indian sub-continent for commercial trading. In those days, Indian spices and grains were in great demand among the foreign merchants who had established commercial ties with India. Over the years, in the 17th century, European merchants realized the potential business opportunities that India nurtured within its borders. This was particularly because of the discovery of fresh sea route from Europe to India via the Cape of Good Hope by a brave heart Portuguese sailor Vasco-Da-Gama. Due to this, the Portuguese, Dutch, French and finally the British merchants established their respective companies in princely India, as they saw a huge market for their goods. After independence from colonial rule in 1947, India gradually started taking baby steps in building up its commerce and trade related activities. Many Indian companies have come up and now are competing globally.
As per the United Nation’s World Economic Situation and Prospects 2016 Report, India is expected to be the fastest growing economy in the current year with a growth rate at 7.3 %. Here’s more about the report: http://www.prepsure.com/news/india-expected-to-be-the-fastest-growing-economy-in-2016-united-nations-world-economic-situation-and-prospects-2016-report/
It is a well-known fact that the farmer has to sow the seeds before it starts raining. On the same lines, the existing Central government authorities has launched an initiative called ‘Make in India’ which aims to encourage both big business houses and budding entrepreneurs to pull in global businesses to India in various sector. The Government of India promises to provide total co-operation and assistance to merchants who wish to grow his/her business to the global level. The very first event related to the ‘Make in India’ campaign was hosted in India’s financial capital, Mumbai. The city was the proud host of various cultural events, corporate seminars and a mega expo of big and small corporate houses where business houses could showcase their goods and services accordingly at MMRDA ground, Bandra-Kurla Complex from 13th to 18th February’16. Indian companies, both from the public and private sector made their mark at the expo. Big stalwart companies like Tata, Reliance, Adani, Raymond, BHEL, ITC group, AMUL, Parle, Bajaj etc. participated in the expo, besides other big and small companies from various sectors like Construction, pharmacy, oil and petroleum, automobiles, textile etc.
Here’s a link: http://www.makeinindia.com/home The President of India recently confirmed the success of the initiative, as the event was instrumental in achieving 39% increase in FDI inflow despite of the current adverse global investment climate!
Foreign multi-national companies like Nestle, Pfizer, Seimens, BMW too displayed their products, which clearly was conveying that India truly is a place to be in, not just because it’s a huge Asian market for them, but also for manufacturing their goods as there is no scarcity of labour and best infrastructural facilities is now being provided by fresh government initiatives.
At the ‘Make in India’ exhibition I was delighted to know that the Indian government is also taking active interest in encouraging Indians to develop various skills that will help them seek jobs, which eventually will contribute in creating a qualitative eco-system when business opportunities are brought into India. National Skill Development Corporation (NSDC) is the government body that is tying up with various agencies to execute the nation’s vision to develop skilled labourers/professionals to cater to global demands of trade that will arrive in India with the ‘Make in India’ initiative. Here’s a link for more details: http://www.nsdcindia.org/
Being an entrepreneur myself, I got to learn a lot from all that I observed at the expo. Besides feeling inspired, I was feeling proud to see India’s indigenously made products in almost all sectors which the foreign delegates were closely examining. As I walked through the exhibits, I was wondering how can I grow as a budding entrepreneur who is associated with the Wellness industry.
My enterprise Mind Matterz ( A Psychological Guidance Unit) will complete 10 years on 1st April 2016. My journey into entrepreneurship began by giving up on my secure job as a senior college lecturer in 2006. I chose to walk the unknown path alone, with just my vision with me, of promoting the science of Psychology and its benefits, by providing psychological counselling, mind management training and promoting mental wellness in all formats. After going to the typical ups and downs during the gestation phase, gradually I could see the sun rising on my entrepreneurial venture by 2010. Now I have clients coming from all over Mumbai, across India (through phone and e-counselling mediums) and also from across the world. Here’s the link to my my work: www.mindmatterz.net Now I do not walk alone, as trusted & dedicated associates walk with me who support my vision of serving the mental well-being industry here in India and world-wide. Recently we started our own unique training school- School of Emotional Intelligence (SEI) which aims to educate (both in-person & online) the masses on how to manage one’s Emotions (particularly Anger, Fear, Happiness, Love), our relationships and also help people across all ages to develop mind management skills that will help them live a qualitative life. Here is our FaceBook page link: https://www.facebook.com/SchoolofEmotionalIntelligence/?ref=hl
I believe, every work/situation involves the application of one’s mind and its important that mind management skills (particularly upgrading the Emotional Quotient) too should be part of every training program designed for increasing work productivity. After all it’s the positive mind when put to optimal use that brings in success to self and the nation!
Many Indian minds are sitting at the highest positions of global businesses. Sudar Pichai (CEO Google), Indra Nooyi (CEO PepsiCo), Satya Nadella (Microsoft), Ajit Banga (Mastercard), Shantanu Narayen (Adobe Systems), Nikesh Arora (SoftBank) have made India proud. Their brains & mind have been primarily ‘Made in India’ which now are proving to be beneficial for the world! Global companies have recognized the intellectual talent that India nurtures and now that the Indian government has proposed foreign companies to do business with India, there are futuristic chances that people sitting in Japan, Germany and Italy would soon boast of their possessions being ‘Made in India’!
Photo Credits: Shraddha C Sankulkar
Photos & Captions:
Cars modified by Dilip Chhabaria (DC)- Signature Car ‘Avanti’ http://www.dcdesign.co.in/
Proud of the Indian tri-colours all set to colour the business world.
Indian handicrafts all set to ornament the world.
Kashmiri Handicrafts making India proud
My entrepreneurial venture, my team- Mind Matterz (A Psychological Guidance Unit) & School of Emotional Intelligence www.mindmatterz.net