For 'Make In India' To Work, India First Needs To Become Globally Competitive
A survey of industrial clusters in four states shows Prime Minister Narendra Modi's big idea isn't exactly working.
Bhoday Sales Corporation is tucked inside the industrial zone of Ludhiana. A small machine tooling factory with a net worth of not more than Rs 10 lakh, it makes manufacturing equipment for other plants in the city.
Of late, it has fallen on bad times. Sales are down. At one time, says its founder, 68- year-old Maan Singh, the company used to make four power presses a month. It now makes one a month.
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