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This is how India can be manufacturing hub for the world

India is the only country which has the potential to become the manufacturing hub for the world in the future, with Europe in recession now and US heading for one. The CMD of Ananth Technologies,  P Subba Rao said, “We are poised to do wonders in the space programmes. Currently, world needs close to 2.75 lakh satellites and only India has the capacity and bandwidth to produce so many. Big opportunity lies for us in the $440 billion space programme industry worldwide.”

CMD of Nuziveedu seeds, M Prabhakar Rao attributed the company success in developing new variety of seeds for farmers. At present, it has a variety of maize and rice seeds, which give 30% more yield. It withstood competition as it invested in research and development. India stands in second position in egg production and fourth in chicken production across the world.

Poultry is a Rs 2 lakh crore industry now and will grow to be Rs 10 lakh crore one by 2040. Every extra egg produced and 50 gm chicken produced will result in new employment opportunities across the industry. A CEO Forum initiative was launched to imbibe best practices adopted by successful entrepreneurs.

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