Make in India Fosters Economic Growth
The Make in India initiative was launched by Prime Minister Narendra Modi in September of 2014. The mission of Make in India is to establish India as a manufacturing hub and to put it on the global map by removing outdated processes and policies and by replacing them with the promise of a transparent, user-friendly system. The Prime Minister’s own website states that the campaign was launched to “facilitate investment, foster innovation, enhance skill development, protect intellectual property & build best in class manufacturing infrastructure.” This initiative has indeed inspired both manufacturing and infrastructure investment as well as enhanced other facets of economic growth.
As a result of this initiative, Foreign Direct Investment in India has experienced an upward trend. Many new sectors have opened up, such as Defense, Railroad, and Space, spurring a change in regulatory policies to foster additional investment and ease of doing business. Sectors like Railways, Defense, Insurance, and Medical Devices have experienced a notable spike in not only foreign investment but in domestic investment as well.
Portescap Supports Make in India
What does all of this mean for Portescap? Portescap manufactures brush DC motors, gearheads, encoders, BLDC motors, and stepper motors in our Mumbai facility. Portescap India is well-positioned to serve the country and contribute to the Make in India initiative.
With Portescap’s R&D and applications team based in India, well-established and startup companies alike now have a unique opportunity to take advantage of Portescap’s excellent technology and expert engineering. Portescap brings exceptional products that deliver high power density in a small envelope for battery-driven applications that are lightweight to reduce operator fatigue and stabilized motion solutions for medical power tools. Portescap offers 80+ years of applications engineering expertise that is second to none.
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Portescap’s Mumbai office can be found at:
Unit No. 2, SDF-1
Andheri East, Mumbai 400 096
Tel: +91 22 4200 4165 (For HR Related Inquiries Only); +91 22 4200 6200, +91 22 4200 6201 (For Non-HR Related Inquiries)
Fax: +91 22 4200 4036