Rajesh Agarwal, MD, Micromax Informatics speaks to Outlook Business on the ocassion of Smart Enterprise 2016.
#RajeshAgarwal #SmartEnterprise #Business #OutlookBusiness #OutlookMagazine #OutlookGroup
#RajeshAgarwal #SmartEnterprise #Business #OutlookBusiness #OutlookMagazine #OutlookGroup
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NewsTranscript
00:00 [MUSIC]
00:03 Hi, we started Micromax in year 2000.
00:06 We started it as a IT software company.
00:09 We got into telecom business in 2005.
00:12 And 2008 was the time when we ventured into the mobile business.
00:17 That was the time when the market was dominated by all the MNC players of the world.
00:23 And all four of us, we are four partners, all four of us actually got on the board and
00:27 talking about why we should get into the mobile business, who will buy us.
00:31 In the electronic sector, Make in India is a very great opportunity for India.
00:37 After crude and after commodities, electronics is one category where in
00:43 India imports the maximum, all the items.
00:47 So if we manufacture all these electronics items in India,
00:51 I'm sure we are going to save a lot of forex.
00:54 We are going to generate a lot of employment for our Indian people.
00:57 So, Make in India is a great opportunity for electronic sector.
01:01 We thought of manufacturing in year 2011.
01:04 When nobody in India was talking about manufacturing of the mobile phones,
01:09 we saw it as an opportunity.
01:11 We came out with first manufacturing unit in Uttarachal,
01:16 that is a small factory we took up.
01:19 And we started the assembly of mobile phones in Uttarachal.
01:23 Today I'm proud to say we have 5,000 people working in a small factory in Rodhapur.
01:28 And we have a very, very ambitious plan to go for Make in India.
01:32 We want to put up five factories.
01:35 In the process, we already have a second factory operational in Telangana, which is Hyderabad.
01:40 And third factory, which is coming in Rajasthan.
01:42 And we are also planning for two more factories all across the country.
01:47 So, Make in India, we are committed for Make in India.
01:51 We intend to employ 25,000 people over a period of next two to three years.
01:55 And I strongly say that Make in India is a great opportunity in the electronic sector for India.
02:02 With the local production coming in, I think there is a big, very big opportunity
02:06 for all the small and medium enterprises as well.
02:09 When we got into Rodhapur and we started our production unit,
02:14 we gave not only employment of 5,000, direct employment to the people,
02:18 but we also gave our indirect employment to around 5,000 people in the city.
02:23 There is a lot of scope for small and medium enterprises.
02:28 There are people who do all the kind of plastic molding injections for us,
02:33 who do all the packaging for us.
02:37 And there are so many other units where all the small and medium enterprises have got a role to play.
02:42 Over a period of next three or four years, we think as an industry, we'll not even,
02:46 we, as an industry, we'll employ something around 100,000 people.
02:50 But maybe to boost the manufacturing, there is going to be multiple SME units also,
02:57 which will come up and which will support this domestic production of mobile phones in the country.
03:03 So, we at Micromax are building up the domestic production of all these smartphones that we are selling.
03:10 Today I'm proud to say that we are 50% of the smartphones that we are selling, we are producing in India.
03:16 But over a period of next one year, I think 100% of the smartphones that we sell, we'll produce in India.
03:22 And not about the domestic selling only, we are expanding internationally also.
03:27 We have an international presence in all the SAAR countries along with Russia.
03:32 And we intend and we have an ambitious plan to do the export also from India.
03:38 Against such an exciting backdrop, Micromax is pleased to be a part of Outlook Business Smart Enterprise event.
03:46 See you there.
03:47 (upbeat music)