We are manufacturing for the world: boAt co-founder Aman Gupta at IES 2024

India Ecomic Summit : At fourth distinguished edition of Republic Media Network's India Ecomic Summit , boAt Lifestyle co-founder and marketing chief Aman Gupta shared how manufacturing ecosystem in India boomed, giving impetus to eletronics industry, thanks to various government sops, such as product incentive-linked (PLI) scheme, Start Up India, and Make in India. He highlighted that everyone wants to manufacture in India w, referring to how foreign companies have turned ir focus to country from China – a global hotspot for electronics manufacturing.

“t just us, Apple was getting its products manufactured in China,” he said, pointing out that even iPhone maker has doubled down on its investment in India's production ecosystem.

historic event is a beacon of India's ecomic growth and brings country's sharpest minds toger to discuss inspirational path to becoming a $50 trillion ecomy by 2047. Union Finance Minister Nirmala Sitharaman graced event as chief guest. At same time, or visionaries like Niti Aayog CEO BVR Subrahamanayam, National Stock Exchange CEO and MD Ashish Chauhan, and Patanjali co-founder Baba Ramdev were also present.

Contributing to visionary me of 'Viksit Bharat Bullseye' of one of world's most prestigious business events, Gupta, in a fireside chat, said

boAt Lifestyle co-founder and CMO, Aman Gupta on 'Get on boAt' LIVE:

• We started out of a cafe in Delhi to create brand.
• It is a very good thing happening in India that entrepreneurship is celebrated in country. When I started company, government jobs were all r, but ever since private jobs boomed, ecomy changed.
• People are joining startups and y do t mind starting up.
• Elon Musk is celebrated so can we.
• People from rural areas want to be job creators.
• When we started, re were t many audio brands in India. Sure, Chinese, Japanese, and German were re. But, we changed that. People started accepting Indian brands across industries.
• Industry by industry, Indian brands have flourished and started doing so well.
• We are manufacturing for world.
• People are rey to manufacture in India. y are rey to open factories.
• government encourd us and said “Why don't you make in India?”
• Earlier, we did t kw how to manufacture in India, but w we are happy doing it.
• We have created 10,000 indirect jobs in India.
• Money is t a problem today. Look at Zepto guys. Its founder is 21 years old, but whole world is running after m, saying “take our money.”

India Ecomic Summit 2024

In dition to FM Sitharaman and boAt co-founder Gupta, event will also see participation of or industry leers, including Info Edge's founder Sanjeev Bhikchandani, Policybazaar.com's MD Sarbvir Singh, Mercedes-Benz India MD Santosh Iyer, Ducati India MD Bipul Chandra, JSW MG Motor India CEO Emeritus Rajeev Chaba.

Held at Republic Media Hequarters -- Asia's largest newsroom centre, Indian Ecomic Summit has become a landmark event that gars industry leers, business magnates, ecomists, and policymakers under one roof to dialogue on India's future as a global ecomic powerhouse. Discussions will delve into transformative ideas around policy invation, infrastructure development, and inclusive growth to shape a vibrant, self-reliant India.