Global Manufacturing Centers
The global manufacturing Centers are set up in a remote geography and are often called Overseas Manufacturing Centers (OMC). These centers are set up to manufacture goods and different components.
These centers help organizations establish cost advantages along with accessing skilled labour while efficiently serving local markets.
The parent company has value added by accessing low-cost and high-quality resources.
India a preferred manufacturing destination
China Plus One Strategy
The pandemic has forced a new geopolitical order. To reduce dependency on China, multinationals are looking at alternate locations for setting up their production hubs.
India is one of the important global locations due to its cost advantage, strategic geographical location and being a large market. There are a large number of Industrial corridors. Some important manufacturing clusters are:
- Mumbai-Pune
- Noida-Gurgaon
- Bangalore-Chennai
- Hugli Industrial region
- Ankleshwar and Vapi
- Vadodara Jamnagar
Both the Central and State government has Important manufacturing center policies. Some important policies of interest are.
- Make in India Program
- Production Linked Incentives (PLI Scheme)
- Special Economic Zones
- Sector Specific Corridors e.g. Defence corridors
- Moowr Scheme of Customs
Apart from this various State Governments have schemes and incentives.
Scope of Services
Our Manufacturing Center Services
We provide one-stop-shop services including consulting and project management consulting to help you set up manufacturing centres in India.
The capability comes from our understanding of regulation, supply of resources on the ground and ability to operate through Project Management Offices.
Benefits of Overseas Manufacturing Centers
There are several advantages of Manufacturing Centers. Some common benefits are given below.
Prospective Industries for Manufacturing Centers
Although India as a Global location can be beneficial to a large number of industries across the spectrum. Following is a list of sectors that either are matured in the Indian Industry or are promising for an Overseas manufacturing setup.
Some top sectors
- Automobile
- Chemical, Speciality Chemicals and Plastics
- Textile and Speciality Textiles
- BioPharma
- Machine and Engineering
- Consumer durables
Emerging high Potential Sectors
- Electric Vehicles (EV)
- Renewable Energy
- Semiconductors
- Electronic products and components
- Meditech
- Aerospace and Drones
Why hire us to support you
- Expertise in Industry & trade policy
- PMO practice is helpful
- Commitment to Success
- Local Terrain Knowledge
- Help mitigate most Risks
- Innovative Solutions
FAQs
Got more questions? We've got answers!
Write to us your questions and our team will get back to you with answers in detail. Or Book a free consultation slot with us.
Frequently asked questions?
Is the Manufacturing center setup service different from the GCC Setup?
Yes, the Manufacturing center setup though having some commonalities has a different approach and deliverables.
What government incentives are available for setting up OMCs in India?
The government of India actively promotes the setup of manufacturing centers. Make in India, PLI Scheme, SEZ, and MOOWR are important schemes. Apart from this, there are state government incentives.
Does StepIndus provide plant setup?
Yes, StepIndus brings in specialised agencies involved in integration but manages the projects of plant erection and commissioning as a one-stop-shop service.
Does stepIndus provide post-operational support?
Yes, we provide post-operational support in many areas such as compliance, managing procurement and supplies, and talent hunt.