Mr. Vipul Shah

The ‘Make in India’ initiative has made it obvious that you need to be very clear about what you need to make in India because unless you create a very competitive advantage, the business will
not be sustainable. As seen in the Jurong Island cluster development, just because your raw material position is not there, you can still create a model where you can make it successfully available. India too faces similar challenges and issues as we do not have cost effective raw materials. Many of our industry create tertiary and secondary jobs in huge numbers. If one cluster can create a sizable amount of employment and that really churns the economy. The second aspect from the specialty chemical stand point is innovating in India because we need to find bottom of the pyramid solutions. I think the country needs to find solutions for cost conscious buyers.