Views of Mr. Girdhar Mundra from Madhusudan Group, Surat.
For Business, next few months will be very crucial. The political scenario in the world will be totally change. Europe and America will not in favour of doing business with China for next few months if they find good substitute.
India will have great opportunity to fill that gap.
But India shall have many challenges.
* Scale, volume of production
* Finance to go at that scale
* Technology
* Quality assurance and consistency of products – Goods.
*Work Efficiency
*Local Mindset
* Country and product wise marketing set-up.
* Logistics
Opportunities
*To scale up the production, product wise vertical cluster is required.
*Finance – Against overseas orders – Bill discounting is possible.
* For vertical cluster and finance Government help can be taken.
* Export promotion special schemes from Government should be available.
*Technology set up can be tied up with European and American with the Government support.
* If we can unite product and cluster , we can rule the Business world.
If we are not able to fill the gap of China in few months, people will turn back to China for Business forgetting all past.
