• About Us
      Asia’s 1 st LEED Platinum Rated Campus

      Asia’s 1st LEED Platinum Rated Campus

      About Us

      • Chairman's Message
      • Vice Chairman & CEO
      • Dean's Message
      • Governing Council
      • Business Advisory Council
      • Academic Advisory Council
      • Work With Us
      • Mandatory Disclosure
      • Anti-Ragging Notice

      TERM ZERO

      Media

      • News
      • Events
      • In Media
      • Media Kit

      Rankings

      Accreditations

      NIRF

      Campus

      Blog

      Annual Events

      • Convocation
      • TEDxGLIMChennai
      • L'Attitude
      • Digital Symposium
      • Sangamitra
      • Annual Alumni Meet
      • SWIM
      • IEC
      • Human Capital Management
  • Programs
      Transform and Lead

      Transform and Lead

      Full Time Programs

      PGPM

      One Year MBA for professionals with work experience

      Learn More Apply Now

      PGDM

      Two Year MBA for professionals with 0-2 years of work experience

      Learn More Apply Now

      EXECUTIVE EDUCATION

      Partner with us for customized learning solutions for your organisation

      Learn More

      Corporate Programs

      PGXPM

      Executive program for Mid & Senior Level working professionals

      Learn More Apply Now APP. Deadline: 30th August, 2020

      PGPM Flex

      Weekend management program for young working professionals

      Learn More Apply Now APP. Deadline: 30th August, 2020

      MBA in Business Analytics

      Family Enterprises Management

  • Faculty & Research
      Ranked 6th

      Ranked 6 th

      by NIRF ranking in teaching and learning among all B-Schools in the country

      Faculty

      • Full Time Faculty
      • Visiting Faculty
      • Adjunct Faculty

      Research

      • Faculty Editors
      • Papers & Journal Publications
      • Case Studies & Books
      • Conference Proceedings

      Centers of Excellence

      • Centre For Excellence in Retail Management
      • Great Lakes Centre For Management Research
      • Kotler - Srinivasan Centre for Research in Marketing
      • Centre for Excellence in Business Analytics and Business Intelligence
      • CET
      • Union Bank Centre for Banking Excellence

      Conferences

      • NASMEI
      • Financial Conference
  • Recruiters & Companies

      “Great Location for Talent. We are happy to continue visiting and having budding professionals join us and grow their careers.”

      Anil Visal

      Partner - Deloitte India

      Campus Recruitment

      • Recruitment Process
      • PGDM Class Profile 2018-20
      • PGPM Class Profile 2019-20
      • Past Recuiters
      • Student Achievements
      • Recruiters Speak

      Internships

      • Recruitment Process
      • PGDM Class Profile 2019-21
      • Live Projects

      Placement Reports

      • PGPM
      • PGDM
      • Internship Report

      Leadership Series

      • Titans Speak
      • Industry Lecture Series
      • Thought Leader Series

      Talent Listings

  • Alumni

GLLef Series: Can “Make for India” overthrow “Make in India”?

January 29, 2015 | Posted by admin << back to blog

My recent journey in a MRTS train was interesting. I happened to hear a conversation between two of my co-passengers and it made me think a couple of things related to the “just-in” big thing – “Make In India”.
Passenger 1 was reading a news item about the conflict of Rajan vs. Jaitley and passenger 2, his friend, was glancing outside. The conversation was something like this.

Passenger 1: Do you think ‘Make for India’ can overthrow “Make in India”?
Passenger 2: Huh?? What did you ask?
Passenger 1: I asked whether you think ‘Make for India’ can overthrow “Make in India”?
Passenger 2: Let me ask you a question, what is your understanding of ‘Make for India’ and ‘Make in India’?
Passenger 1: Okay.. Let me try. In ‘Make for India’, the aim is to produce goods, which are demanded by the local economy. And then, these are made available at affordable prices with an objective to capitalize the increasing consumerism and to exploit the higher purchasing power parity.
Passenger 2: (interrupts…) you are right. Recently, India replaced Japan and become the third largest economy of the World in terms of purchasing power parity. Now Continue please..
Passenger 1: Thanks. Let me share my views on ‘Make in India’. It means diversifying the manufacturing sector to produce as much as possible. To put it simply, optimal output with constrained or available resources.
Passenger 2: Precisely!
Passenger 1: Having said that, in my opinion, ‘Make for India’ is better than ‘Make in India’. What’s your take?
Passenger 2: I don’t think so and I wish to differ. But before that, can you substantiate your stand?
Passenger : Alright.. Let me give an example. India’s import of goods and services to its GDP is around 30 per cent, for the last half a decade. Probably, ‘Make for India’ will help to curtain the imports in addition to the foreign exchange involved in this. May I now know why you differ?
Passenger 2: ‘Make in India’ is better because, it not only concentrates on manufacturing goods for local but also to sell to potential markets globally. It may lead to more entrepreneurial initiatives which further can find ways to nurture young talents in the country, all the while increasing the domestic consumption economy. What do you say?

Passenger 1: That’s a valid point. But, successes of any dynamic policy diversification are in the hands of political governance and bureaucrats. The stereotype that Indians are good in policy formulation and reverse in its implementation should be broken to handle anything.

Everybody listening to their conversation had a giggle hearing the last line. I was wondering how certain plain conversations like these make you think in a way you have not thought before. The understanding of complex concepts by a common man can bring many perspectives.

There was an announcement for the next station and there they got down greeting each other and I begin to think what more “Make In India” mean to common people like me?

Dr. G. Sathis Kumar
Lecturer, Great Lakes Institute of Management

<< back to blog

Programs

PGPM - One Year MBA for professionals with 2+ years work experience

Learn More >

PGDM - Two Year MBA for graduates with 0-2 years work experience

Learn More >

Events

Union Bank Finance Conference
Dec 17, 2020

Networking with Champions
Nov 08, 2020

Harry Kraemer on Performance with A Purpose
Oct 08, 2020
Read more

Successful Women in Management (SWIM) Lecture Series
July 05, 2020
Read more

The Great Circle Alumni Talk Series
July 04, 2020
Read more

  • About Us
  • Programs
  • Faculty & Research
  • Recruiters & Companies
  • Alumni
  • Blog
  • Contact Us