Mr. Yogesh Munjal | The FMS Forum
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MAKE IN INDIA TO MEET GLOBAL DEMAND
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Mr. Yogesh Munjal

Mr. Yogesh Munjal is a dynamic Industrialist with an eye for continuous innovation in overall working. He is Managing Director of Munjal Showa Ltd. (a Hero Group company) is an eminent personality in the corporate world. He graduated in the field of Architecture from IIT, Roorkee . Eversince he finished his formal education, he was associated with many of the Hero Group companies in the capacity of CEO and contributed for making the companies as world leaders. MUNJAL SHOWA LTD. – an ISO 14001, TS 16949 & OHAS-18001 compliant company having collaboration with SHOWA CORPORATION of JAPAN – the largest manufacturers of SHOCKERS in the world. The company is engaged in the manufacturing of world class Automotive Components such as Front Forks, Rear Shock Absorbers for Motorcycles and scooters & Struts, Window Balancers for Vans and Cars.. He is actively involved in corporate social activities of Educational institute, Hospitals and spiritual & religious institutions. Company is getting special awards for Green Environment and work safety.Mr. Yogesh Munjal is a dynamic Industrialist with an eye for continuous innovation in overall working. He is Managing Director of Munjal Showa Ltd. (a Hero Group company) is an eminent personality in the corporate world. He graduated in the field of Architecture from IIT, Roorkee . Eversince he finished his formal education, he was associated with many of the Hero Group companies in the capacity of CEO and contributed for making the companies as world leaders. MUNJAL SHOWA LTD. – an ISO 14001, TS 16949 & OHAS-18001 compliant company having collaboration with SHOWA CORPORATION of JAPAN – the largest manufacturers of SHOCKERS in the world. The company is engaged in the manufacturing of world class Automotive Components such as Front Forks, Rear Shock Absorbers for Motorcycles and scooters & Struts, Window Balancers for Vans and Cars.. He is actively involved in corporate social activities of Educational institute, Hospitals and spiritual & religious institutions. Company is getting special awards for Green Environment and work safety.

“Make in India is a great movement initiated by Honourable Prime Minister of India Mr Narender Modi”. It was undoubtedly a historic declaration made on 68th Independence Day from the red fort of Delhi. The prime objective of this initiative is to ensure GDP growth , create jobs for the youth and enhance skill of the employees to meet gobal demand by focusing on all the 25 sectors of Economy. Some of the major sectors are Automobile, IT, Railways, Design and Manufacturing , Chemical and Textiles, Energy , Electronics, Biotechnology and Mining. For implementation of these projects, he himself with high power Indian team including industrialists visited many countries and campaigned to attract the foreign investment in India . As a result foreign companies like Lavamobiles Spice group, Samsung , Hitachi, Hawaii R & D centre has already started their projects in India by investing millions of dollars.

Creativity, Innovation and resources are abundant in India where we have to tap out those untapped potential for effective utilization and produce world class quality products at lower and competitive cost.

Removal and relaxation of old and outdated policy as well as redtapism with easing out the procedural formalities will definitely encourage FDI in the country.

Fortunately it will be a golden era for Indian business due to remarkable external as well as internal demand of India made commodities. So we have to work on creating the strongest, sustainable verified market we can, which requires rebate in taxation, improvement in infrastructure , 24 hours power supply, improvement in manufacturing efficiency and elimination of redtapism and corruption. By doing these reforms we can achieve an economic growth rate of 8 to 9% where contribution of manufacturing can be 25% against present 16% of GDP.

Human resource is the most precious resource in the world today. India is blessed to have maximum youths population who has proved their capability and potential by contributing in every innovation and discovery recently happening through out the world.

I am sure if the young generation change their mindset and contribute for the growth and development of the motherland , then make in India project will be most successful and will enable India to be a super power very soon.