PCB007 Magazine

PCB-Aug2017

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76 The PCB Magazine • August 2017 The manufactur- ing industry is truly a global one. While the past few decades have seen the rise of manufacturing in China and countries throughout Europe and South America, the last 10 years have been marked by significant progress in India. While the greater Asian area has flourished, India has been hampered by many factors including a struggling infrastruc - ture. These difficulties with infrastructure won't impede growth in India, but still need to be ad- dressed to ensure expectations don't fall short of desire. Especially considering the "Make in In- dia" initiative, launched in 2015 by Indian Prime Minister Narendra Modi, which pitches India as a business-friendly destination to attract for- eign businesses to invest and manufacture in the country. While the Indian government has taken sev- eral initiatives to promote a healthy environ- ment for the growth of the manufacturing sec- tor, they are cognizant of the local communities' needs and how the implementation of new proj- ects will impact cit- ies versus remote vil- lages. With that said, according to Indus- try Week, India is predicted to be in the top five manufactur- ing nations in the world by 2020. Currently , India is the third-largest economy in purchasing power parity after the United States and China. On top of that, it has a large population of engineers and factory workers, its intellectual property is widely re- spected, and it is easy to find English-speaking managers from India. Despite this, India still faces a workforce issue. Like the United States, Europe, and much of the world, India is facing a skills gap and work- force development issue. Because of the "Make in India" program, many foreign companies are vying to bring manufacturing to India. Ap- ple's recent announcement of opening a man- ufacturing plant in Bengaluru means big things for India and its economy. However, like many new manufacturing facilities, Apple will likely take advantage of both advanced manufactur- ing and the Industrial Internet of Things (IIOT) India Makes Manufacturing Gains to Participate in a Global Economy ONE WORLD, ONE INDUSTRY by John Mitchell IPC —ASSOCIATION CONNECTING ELECTRONICS INDUSTRIES

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