In the next 10 years, India will need to create 10-15 million jobs annually to meet India’s rising population. Manufacturing is of particular importance to India, as the sector is a doorway to economic development. As an example, the Indian auto market is the 6th largest automotive industry in the world and is estimated to create direct employment for over two million people over the next few years. While this is positive, India’s manufacturing sector is under performing significantly compared to other competing economies.
The share of India’s manufacturing sector is roughly 15 % of its GDP and has been declining over the past several years. When compared to Thailand (36 percent), China (30 percent), and Taiwan (30 percent), it is clear that India could draw more investment through adopting business friendly policies that would ease construction of plants and facilities.
Jasjit has provided written and oral testimony to the U.S. Congress and he has appeared on various media outlets and published Op-Eds for the New York Times, Politico, Washington Post, Huffington post, National Public Radio, and CBS Radio. His recent awards include The Asian Pacific American Institute of Congressional Studies (APAICS) Community Pioneer Award and University of Illinois Outstanding Asian American Alumni of the Year Award. Jasjit is a graduate of the University of Illinois, Urbana-Champaign College of Business. He is also a Truman National Security Fellow and an Asian American Journalists Association Media Institute Fellow.
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Mayank Rohatgi currently serves as the Director of Life Sciences, Manufacturing, and Logistics & Supply Chain at the U.S.-India Business Council at the U.S. Chamber of Commerce. In this role he assists members in understanding the government policies and working on possible solutions on the policy issues. He works closely with the different Departments and Ministries of Government of India to address concerns of the companies in order to promote trade and investment.
Mayank’s work experience includes 7 years with the Confederation of Indian Industry (CII) and last 18 months as Deputy Director of Medical Technology Association of India (MTal) where he actively worked with companies to provide input on government policies and regulations for the Medical Technology sector. Mayank has experience formulating strategies and building consensus among members, identifying industry issues, prioritizing and creating advocacy plans, and identifying stakeholders in Government and influencers to resolve issues.