Aequs Chairman & CEO, Aravind Melligeri Discusses Innovations Driving India’s Manufacturing Renaissance
When one looks at manufacturing as an ecosystem, it is viewed as a streamlined, optimized, competitive, and efficient production method. Globally, manufacturing is primarily driven by quality, delivery schedules, and costs. Ultimately, manufacturing moves to the most efficient locations. Of course, economic and geopolitical conditions play important roles, but manufacturers, especially those engaged in contract manufacturing, tend to choose sites that offer the highest efficiency for production.