Importance of Local Manufacturing Post-Corona Pandemic
                     Importance of Local Manufacturing: Post-
Corona Pandemic
Yash Kumar
Writes for search-marketing.in, 
provides information on 
Digital marketing in india to 
improve Digital marketing strategies.
The Covid-19 pandemic has taught several lessons to various 
economies of the World, with the most crucial of those being the 
importance of local manufacturing. There has been an over-
dependence on both the goods made in other countries and also 
supply chains spanning across different geographic zones. This 
seriously affected the manufacturing sectors of numerous regions. It 
will now be appropriate to throw light on some of the salient points.
 Many governments have already started taking steps in the 
direction of strengthening the manufacturing sector of their zones. 
This will make sure that the economy will be able to effectively 
face any further contingencies in the future.
 Efforts have been initiated to substantially enhance the existing 
manufacturing capacity.
 Assembling is a highly significant part of manufacturing where 
many components are brought together and integrated to form a 
finished product. In this regard, the trend till now has been that a 
major part of these components has been imported. And, this 
gravely impeded the manufacturing process, in the post-COVID 
scenario. As a result, many economies are now implementing 
measures to ensure that a major chunk of the above elements is the 
ones manufactured in the local markets.
 Earlier, reduction of costs was the primary reason for any 
organization that was contemplating in lines of local 
manufacturing. But now, bringing about a rise in productivity has 
become the main motive.
 If an economy wants to make its manufacturing industry stronger, 
along with other policies, incorporating automation in the 
operations has to be encouraged. This will create employment for 
workers who possess the basic knowledge of things like artificial 
intelligence and robotics, too.
 The pandemic focused on the futility of the concept of segregation 
of processes related to manufacturing and research & development. 
We have seen that only those countries with a solid regional 
manufacturing base were able to quickly respond to critical 
situations resulting from COVID.
An observation is made during the past few years. There have been 
quite a few developed countries where the manufacturing sectors 
worked in coordination with the local entities. Indigenously available 
resources are used, to a significant extent. In the given circumstances, 
even the developing economies are entailed to follow the same 
pattern. Only then will they be able to come out of the after-effects of 
the pandemic, as fast as possible.
Economies around the globe have realized how much necessary it is 
to have domestic manufacturing units. This is more so with various 
medical and healthcare-related items. In the last few months, several 
countries had to undergo a lot of hardships just because they were 
heavily dependent on imports of medical supplies.
Globalization, as we have been witnessing for the last two decades, is 
now set to undergo a big change. This is in the sense that, at least for 
medical and other emergency care products, economies are 
discarding a supply chain encompassing many zones. Here, a 
predominantly zonal supply chain is prioritized and strategies are 
getting devised accordingly.
In this context, manufacturers should give a helping hand to regional 
suppliers, so that they are enabled to move higher in the supply 
chain. Over time, this step would boost local manufacturing. 
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