Bolder reforms needed for Make In India's success: Banmali Agrawala

'Make in India 2016' is more important for small and medium scale enterprises than for large companies. While the government is willing to help, the next phase is to translate that intent into action. Banmali Agrawala, GE South Asiapresident & CEO, tells Sanjay Jog how India is positioned to achieve this. Excerpts:

Will Make In India succeed with slow pace of reforms?

I would not hinge the entire success on reforms. We are a democratic country; the bolder the reforms, the faster and more impactful will the entire Make in India be. However, you have to balance economic development and the social and political side of that.