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Success beyond software and services

India dominates the world market in motorcycles. What will it take to replicate this success in other industries?

gdp, growth, forecast, profit, economy, manufacturing

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This is a “reflection of further strengthening of V-shaped recovery” that began in Q2 of 2020-21, especially after a large GDP contraction in Q1 due to the lockdown, the Ministry of Finance said in a release

Shyam Ponappa

6 min read Last Updated : Mar 03 2021 | 11:28 PM IST

Examples abound in software and services of how Indians can work systematically to solve challenges, build teams, institutional structures, and scale. But what of other areas? This is a take on aspects of manufacturing, and consideration of a change in approach.

Consider the example of a software unicorn such as Postman, a Bangalore-based Application Programming Interface platform that eases interoperability for apps. The founders are engineer managers with experience at Yahoo and other MNCs. Started in 2009, in six years it was valued at $2 billion. This is a high-value Software-as-a-Service enterprise. It is an area where India has deep skills,

Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper

Topics : Indian Economy manufacturing Two-wheeler market IT Services industry Petrochemicals

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