Mobility Magazine Wishes Make in India will Reach New Levels Bringing Success to all Manufacturers in the New Year 2023!
Mobility Magazine wishes you all a Very Happy, Successful & Prosperous New Year 2023!
On the global front, when everybody was celebrating the dawn of New Year 2023, China is grappling with a massive Covid wave which is expected to continue till the end of Feb 2023. Since the Indian Mobility industry still depends on the hardware imports from China, the on-going Covid wave there might affect the availability and supply and push up the costs of the imported goods. However, most observers believe the impact of Covid on the imports will be short and marginal this year. It is also an alert for us to become self-reliant in manufacturing and depend less on imports.
This month’s highlight is the Make in India opportunity in the state of Assam, where the state government is taking lot of measures introducing special incentives to the manufacturers in the state to push up the local manufacturing.
We hope things will get better on all fronts in the industry in 2023 and beyond.