Is India Shipping It's Jobs Overseas ?

Is India shipping its jobs overseas?

In order to create jobs, it is imperative that there should be some business activity which needs human activity. Due to advent of technology, the activity can be done from any location. For example, one can provide software support to company in other countryfrom his own country. Similarly work of call centre can be done from anywhere in the world.

Similarly manufacture of goods can be undertaken anywhere and due to infrastructure available can cater to entire world. The only thing which needs to be done is to penetrate market overseas and sky is the limit.

All foreign companies consider India as big market. This country has huge population and spending power is increasing which results into good consumption of any item. Indian Government also has budget for various schemes and spends good amount of money every year.
Another peculiar thing about India is that goods required can be produced here only. We have technically skilled manpower and entrepreneurial ability people. We can make everything right from Steam Turbine to small nut and bolts. The local factories are dependent on local markets. Lot of investment has been done in starting these factories but today they are not able to use their full capacity. They do not get good orders as market is filled with lot of foreign goods. Foreign companies are encouraged to do business here. Today country like China supplies us all power equipment, steel items and even toys, shoes, purses and even Ganapati Idols.

This is true for Power Sector as well wherein lot many goods are imported from other countries though available in India.The table attached indicates that the items which are made in India are imported as well. The technical specification and parameters aresame. In fact, they are interchangeable. This means if you have any transmission line equipment erected on line which is of imported make and fails for some reason same can be replaced by Indian make. All dimensions and interlocking systems are standardized. The question is when there is idle capacity in country what is need for import?

Sr No	Item	Market Value (Rs crores)	Imports (Rs crores)	Domestic (Rs crores)
1	Motor & Generator	6900	1750	5150
2	Power Transformer	5860	308	5552
3	Dist. Transformer	6478	278	6200
4	Capacitor	532	107	425
5	HV Switchgear	4961	1393	3568
6	LT Switchgear	14,564	8119	6445
7	Cable	41,250	705	40,545
8	Insulator	1992	710	1282
9	Energy Meter	2580	15	2565
10	Conductor	7250	431	68

The Central Power Utility has purchased huge quantum from overseas parties. When they were criticised, they have put condition in tender that 25% of items to be manufactured within India. As such India has capacity to manufacture 100% of items. Many foreigncompanies who have taken contracts at unworkable prices are today defaulting on deliveries. Who is sufferer?

In addition to Power Equipment our Government has huge budget for Infrastructure like Water intake, roads, bridges, railway etc. Many foreign companies are taking contract from these. However, there is full capability within India to execute these.
Bullet train project has import of entire equipment. Even stones beneath the rail are imported from Japan. I remember famous Raj Kapoor song “Mera Juta hai Japani, pantaloon englishstani, sar pe lal topi moti par dil Hai Hindustani “
When our Government started campaign for “Make in India” it was felt that foreign investors will come here, erect factories, provide employment to lacs of people and business to ancillary units. However, this did not happen. Foreign companies used this opportunity to grab Indian market. This resulted into our jobs getting shipped overseas.

India is only country in the world wherein every item can be manufactured and every item can be sold. We are not dependent on any other country or any other economy. If proper opportunity is given to Indian Entrepreneurs then jobs will follow.

Datt Udas
Datt.udas63@gmail.com

https://drive.google.com/file/d/1BmILiTntIzebJ5gouinlLj7wsQh_Bon1/view?usp=drivesdk