'Make In U.S. Vs Make In India Can Be A Win-Win'

Stressing on the need for becoming a part in each other’s supply chains, Mahindra said: “The goal has to be both India and America embed themselves in each other’s supply chains. As long as trade between the two countries improves, even if they are making in America, if Indian companies are getting a chance to export components in America and sub-assemblies to them, we gain.”

Similarly, Americans need to understand that when they make in India and India grows at 8 per cent there will be enormous opportunities for American companies become a part of the supply chain, he added.

“Fortunately, India’s economy has opened up and nobody should have an objection to Make in India because we don’t now have a local content rules in most of our industries. If you assemble a car in India you can buy components from wherever you want,” Mahindra added.

Stating that the world today is a global supply chain, he said: “What looks like Make in India cannot help but involve ‘make in somewhere else’ for the people who supply here. So the question is make what, where? You cannot have 100 per cent made in one location.”

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