Archive · 25 Jul 2025
India Inc. Must Rethink Manufacturing, Says Vellayan Subbiah
A business leader named Vellayan Subbiah said India's manufacturing needs to change to help the country become a world leader.
He pointed out that India doesn't make as much stuff as other countries in Asia.
He also talked about problems in the semiconductor business, like not having enough skilled workers.
Subbiah wants Indian business people to take more chances, invest in research, and buy businesses in other countries.
He mentioned that the government is also helping businesses.
Vellayan Subbiah emphasized the need for India to rethink its manufacturing sector.
He stated India's manufacturing share of GDP is lower than other Asian peers.
Subbiah highlighted issues in the semiconductor sector, including a lack of talent.
He urged Indian industrialists to invest more in R&D and global M&As.
Subbiah spoke at the 189th Annual General Meeting of the Madras Chamber of Commerce and Industry.
- Who
- Vellayan Subbiah, Executive Chairman of Cholamandalam Investment and Finance Co Ltd.
- What
- Vellayan Subbiah discussed the need for India to reimagine its manufacturing sector.
- When
- July 25, 2025
- Where
- At the 189th Annual General Meeting of the Madras Chamber of Commerce and Industry (MCCI).
- Why
- To achieve its potential as a world power.
- Speaker
- Vellayan Subbiah
- Organization
- Cholamandalam Investment and Finance Co Ltd
- Event
- MCCI 189th Annual General Meeting
- Manufacturing GDP
- 14% (India's share)