mumbai india enterprises have the ability to undertake frugal engineering and must excel innovate and design to drive its economic growth by 910 for the next three decades to create employment driven growth said amitabh kant secretary department of industrial policy and promotion ministry of commerce industry government of india he was speaking at the 7th vlfm learning convention visionary leaders for manufacturing programme held under the auspices of champions of societal manufacturing organised by confederation of indian industry cii calling the apex technology and management institutes in the country to document their innovations by patenting them kant said that 22 of the patents filed from india are done by indian companies while 78 were done by multinational companies operating from india read also roland berger report frugalsimply the best sharing instances of innovation by global conglomerates operating in india kant said renault has designed a car for the global market from chennai and general motors is now trying to do the same in talegaon daimler in chennai is making trucks not for indian markets but for global markets what the world is realising is that india has ability to do frugal engineering frugal engineering will help indian enterprises to drive economic growth by 9 10 for the next three decades and thus create employment driven growth so far india had held back itself by regulatory controls but we are now overcoming we have so far grown on the back of services sector that contributed 60 of the gdp over the last 60 years we have made india a difficult place to do business we have simply created an economy of controls kant said but jobs cannot be created in services as much as they can be through manufacturing hence there are huge perils of non industrialisation for population of the size of india and it will have serious consequences if manufacturing is not initiated kant said speaking at the ceremony prof shoji shiba chief advisor champions for societal manufacturing said that the biggest obstacle for future transformation is mindset change sharing a symbolic example of an auto component company in india shiba said in past 12 years indian manufacturing has changed drastically in 2015 india is ready to take challenge set by new administration new era needs new mindset by hemali chhapia published on jul 31 2015 at 0636 pm ist telegram facebook copy link be the first one to comment comment now comments comment now read comment 1 all comments post post find this comment offensive choose your reason below and click on the submit button this will alert our moderators to take actions reasons for reporting foul language defamatory inciting hatred against a certain community out of context spam others report join the community of 2m industry professionals subscribe to our newsletter to get latest insights analysis download etauto app get realtime updates save your favourite articles scan to download app general motors manufacturing sector make in india anup pujari renault india