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Interviews

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Interviews

“Indian component makers must aim for breakthroughs in frugal innovation to cater to local market.”

Covid-19 has thrown up unprecedented challenges for businesses globally. Experts say it’s an opportunity for the Indian industry to capture companies and investments migrating from China. But India has stiff competition from other low-cost destinations in Asia – and some Chinese companies – for a share of this pie, Mohit Bhasin, partner, KPMG, tells ET Prime. Excerpts:

Interviews

“Indian component makers must aim for breakthroughs in frugal innovation to cater to local market.”

Covid-19 has thrown up unprecedented challenges for businesses globally. Experts say it’s an opportunity for the Indian industry to capture companies and investments migrating from China. But India has stiff competition from other low-cost destinations in Asia – and some Chinese companies – for a share of this pie, Mohit Bhasin, partner, KPMG, tells ET Prime. Excerpts:

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