India's Dependence On Consumer Imports | Anil Rai Gupta of Havells India To ET NOW
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95% of products that are sold in India produced by the company in India itself. Manufacturers must step up to become more self-reliant, need to invest in R&D, machinery & scale and produce globally competitive products. We are seeing traction from other nations; they are looking for competitive manufacturing. May see some short term impact on China import curb, but we need to be pragmatic. Have the capability to manufacture finished good products in India but India does not have plants to mfg LED chips currently. India has a huge opportunity at this juncture. Consumer products, building installation products seeing a demand revival, but seeing a better revival in Tier 2,3 cities, now have a direct presence in rural, says Anil Rai Gupta, Havells India. Watch! Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3 Subscribe Now To Our Network Channels :- Times Now : http://goo.gl/U9ibPb The NewsHour Debate : http://goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com
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