The Make in India program launched by the Indian government has escalated the investments to an extent in India. This initiative has further empowered the Indian manufacturing sector as well as local brands to leverage the opportunities in the market. The companies started manufacturing their products within India due to the favorable policies brought in by the government. After almost 7 years, the outcomes of Make in India program are quite satisfying and seems to benefit more in the years to come.
Lapcare is one of the most prominent brands in the Indian IT market. Lapcare also manufactures it’s some of the products in India. Over the years, the company has successfully supported Make In India initiative by Indian government. Commenting on the success of this initiative after 7 years, Mr. Atul Gupta, Managing Director, Lapcare said, “On September 25, India celebrated the eighth anniversary of its "Make in India" initiative. 'Make in India,' Prime Minister Narendra Modi's most important project, and a flagship one at that, is modernizing India and establishing it as a business hub for global manufacturers in a range of areas. Automobile, electronic consumer goods, pharmaceuticals, defense systems, and aviation manufacturers, to name a few, have resorted to India as a destination to disrupt current global supply chains.”
He further added, “Samsung, the world's top smartphone manufacturer, closed its phone production facilities in China in 2019. To compensate for the closure of the Chinese production facility, the corporation resorted to India to increase its manufacturing base. Apple has begun producing the latest iPhone 13 in India, bolstering the presence of one of the country's largest technology companies and catalyzing the government's Make in India drive.”
“The Make in India idea is not going away. More and more firms are likely to set up shop in India in the coming years. The business environment in India is becoming increasingly unfettered, and Prime Minister Modi is personally leading a wave of changes that will modernize and open up the huge growth opportunity for Indian economy. Rest assured, India is not taking a break. It must always strive to become the most popular place for international firms. We've gone a long way, but the road ahead is still long,” said by him.
Lapcare’s Commitments for Make in India
Lapcare has a wide range of products that are doing extremely well in the Indian market. Its Made in India products come with excellent product quality that are doing quite well in the Indian market. Speaking about Lapcare contribution towards the campaign, Atul stated, “Since 2007, Lapcare has been making strides toward strengthening its commitment to the country and the community. As one of the first adopters of the Make in India initiative, we have joined hands with local Indian partners to manufacture for us. Today, more than 10% of our products sold in India are Make in India. Additionally, we are strengthening our localization efforts with local manufacturers and supply chain partners to broaden and deepen the component ecosystem. We will continue to focus on Making in India, for India, and for the world.”
